Bitcoin Dips Below $82,000 as Liquidations Surge Past $770 Million
What happened: Bitcoin fell 2.
What happened: Bitcoin fell 2.8% to $81,382 on October 12, 2026, triggering $771 million in crypto liquidations over 24 hours, with $685.6 million in long positions wiped out. Ethereum dropped 4.6% to $2,425, and other major coins also declined. The sell-off followed $681.1 million in BTC ETF outflows for the week, the largest since June, amid rising Treasury yields and a stronger US dollar.
Why it matters: The scale of liquidations and ETF outflows signals persistent risk-off sentiment and structural de-risking in crypto markets. Bitcoin's dominance rose to around 60%, suggesting capital rotation out of altcoins rather than new inflows. This trend may continue as macroeconomic uncertainty and regulatory scrutiny weigh on investor appetite.
Source: The Block