Crypto liquidations near $1B 📉

Bitcoin whipsawed as hot inflation data revived the chances of a Fed rate hike, with leveraged traders paying the price.

Author

Stephen Graves
October 15, 2026

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đź“ť What you need to know

Crypto liquidations surged past $900 million Thursday, as Bitcoin dipped under $80,000 for the first time in over a month. 90% of positions liquidated were longs, as Wednesday’s inflation-driven slide drove volatility across Bitcoin and altcoins.

Hotter-than-expected inflation data hammered crypto markets on Thursday, with altcoins feeling the pressure, as analysts highlighted high-beta assets taking the biggest hit when financial conditions tighten. Zcash tanked double digits as leverage built up during its rally unwound, though the privacy token is still up several hundred percent from its March lows.

Bitcoin Whipsaws as Crypto Liquidations Near $1 Billion

Hot inflation data revived Fed rate-hike bets, and leveraged Bitcoin bulls paid the bill as nearly $1 billion in crypto positions were liquidated.

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Bitcoin (BTC)October 15, 2026
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đź“Š Myriad Insight of the Day

Myriad prediction marketOctober 15, 2026
What will be Google's most-searched movie of 2026?
Resolves on Google's 2026 Year in Search list
Obsession43%
  
The Odyssey37%
  
Spider-Man: Brand New Day13%
  
Field (6 others)9%
  
Why it matters
The race has narrowed to two. "Obsession" leads at 43%, up from 35% two weeks ago, as the micro-budget horror topped $500 million worldwide and breakout star Inde Navarrette said this week she'd be open to a sequel. Christopher Nolan's "The Odyssey" has gained even faster, climbing to 37% from 22%. "Spider-Man: Brand New Day" is stuck at 13%, and the rest of the field holds just 9%.
Sources: The Hollywood Reporter, CBC
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đź“š Watch & Learn

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🎓 LEARN: What is Zcash (ZEC)? The Privacy Coin Using Zero-Knowledge Proofs

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