Crypto Market Consolidates Ahead of FOMC as $600M in Longs Get Liquidated
October 7, 2026 · 4:12 PM
The post Crypto Market Consolidates Ahead of FOMC as $600M in Longs Get Liquidated appeared first on Coinpedia Fintech News Crypto markets have come under pressure ahead of the Federal Reserve’s FOMC minutes, with Bitcoin price slipping toward $83,000 after failing to hold above $87,000. Ethereum and other major altcoins have also experienced deeper losses as more than $600 million in leveraged long positions are liquidated, turning a BTC pullback into a broader risk-off move …
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