This downturn follows a series of losses on Oct. 12 when Bitcoin's price also dropped below $82,000. During that crash, $406 million in bullish positions were wiped out over a 24 hour window, leaving more than 118,000 leveraged traders with losses, including $120 million liquidated in just 15 minutes.
Tuesday, October 20, 2026
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Bitcoin Falls Under $82,000 and Triggers $331M in Liquidations
Crypto6 days ago
Higher inflation figures on Oct. 14 pressured the price of the most valuable cryptocurrency as traders reacted to new economic data. The asset slid below $82,000, resulting in the liquidation of $331 million in long positions, though investor Michael Saylor declared that the bear market is over.
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