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AI Financial Intelligence
Professional analysis of central bank decisions

Markets

News
Forex
Stocks
Crypto
Gold
Commodities
Indices
ETFs

Analysis

Fed
ECB
COT
Economic Calendar

Learn

Service Guide
MCP Server
Oil

Company

About
Contact
Data Methodology
AI Disclosure
Pricing
Enterprise
Terms
Privacy
Security
WhatsApp

Status data is currently unavailable

The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

BreakingCrypto

Bitcoin Dumps Below $80K as Crypto Liquidations Surge to $670M

First Detected: Oct 24, 2026, 2:42 PM

Last Update: 10 minutes ago

1 update

Event Summary

Bitcoin's price plummeted below the $80,000 mark on October 24, falling from a previous level of $83,000. This sudden drop triggered a massive wave of market liquidations totaling approximately $670 million, an increase of $170 million from earlier reports. The downturn extended to major altcoins, with Ethereum falling below $2,400, Solana dropping under $100, and ZEC declining by more than 7%.

Timeline

Latest developmentabout 4 hours ago

Bitcoin Volatility Surges as Price Reclaims $80K Following Mass Liquidations

Bitcoin recovered from a dip below $80,000 to hit a high of $84,000, following a volatile session that saw $670 million in leveraged positions liquidated.

Read the full story

Key facts

Bitcoin price suddenly dropped below the $80,000 threshold, triggering a massive wave of liquidations.
Total liquidations in the cryptocurrency market surged to approximately $670 million during this price action.
Altcoins saw significant declines with Ethereum sliding further from $2,400 and Solana dipping below $100.
Bitcoin price suddenly dumped below the $80,000 threshold, a significant further drop from the previously recorded $83,000 level.
Total market liquidations surged to $670 million, an increase of $170 million from previous reports.
Altcoins saw sharp declines; Ethereum slid further from $2,400, Solana dipped below $100, and ZEC dropped by over 7%.

Price Impact

Since event start

BTCUSD+0.26%