EL7.AI
CryptoMediumUpdated•Originally published 8 October 2026•Updated 8 October 2026•
1 min read

Jupiter Jumps 14.7% as Broader Crypto Market Slumps Under Liquidation Pressure

Key Facts

1Jupiter rose 14.78% to $0.370 by 8:03 a.m. ET on October 8.
2The market saw a broad decline with 64 out of 89 crypto tokens falling, including Bitcoin and Ether.

Jupiter rose 14.78% to reach $0.370 by the morning of October 8, 2026, leading gains among major digital assets. Tokenpost reported that the broader market experienced a significant slump, with 64 out of 89 tracked tokens declining, including major cryptocurrencies such as Bitcoin and Ether.

The market downturn followed liquidations of long positions totaling $651 million, triggered by hawkish signals from the Federal Reserve. While specific assets like Algorand and Bitway saw double-digit growth, others faced sharp selling pressure, with Pump.fun recording the steepest decline of 10.49% to trade at $0.00575.

Latest Updates · 1

  1. Notable·

    Update: The total cryptocurrency market capitalization fell 4.39% to $2.80 trillion on October 8, 2026. Bitcoin BTC was trading at $82,216 during the same session, illustrating the scale of selling pressure affecting benchmark digital assets.