Three reasons behind the crypto sell-off: BTC at $80,300, $1B liquidated
- —Crypto market cap fell 4.4% in 24 hours to $2.77 trillion
- —Over $600 million liquidated in a single hour, the most in a month
- —Liquidations now run about $248 million per 1% drop versus $2.2 billion on October 10, 2025
- —Glassnode: roughly 6.04 million BTC are secured by exposed public keys
Why it matters: A quiet October 10 could remove the anniversary fear premium, but the macro backdrop and the AI-versus-cryptography debate are likely to persist.
Source: BeInCrypto DE