Crypto selloff deepens: $800M liquidated as dollar hits multi-week high ahead of CPI
- —24-hour liquidations topped $800 million, with longs accounting for over $600 million
- —DXY broke above 102 after five straight weekly gains, its best week since March 2025
- —Crypto Fear and Greed Index fell to 57, down nearly 20%
- —Rate-hike odds dropped to 19% from 42% a month earlier
Why it matters: September CPI on Oct. 14 and the FOMC on Oct. 28 will set the market's direction, while a stronger dollar pressures risk assets.
Source: AMBCrypto