Crypto market liquidations jump 235% to $547 million as Bitcoin slips below $84,000

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October 7, 2026 · 11:08 AM

Crypto market liquidations jump 235% to $547 million as Bitcoin slips below $84,000

Crypto market liquidations jumped 235% to $547 million as bitcoin fell below $84,000 on October 7, 2026, following intensified Iranian attacks on tankers in the Strait of Hormuz. Brent Crude climbed above $101 a barrel, while smaller tokens suffered deeper losses than the largest cryptocurrencies. Key takeaways Ether accounted for $174 million in liquidated positions. […]

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