Bitcoin Falls Below $80K as Major Cryptos Slide
Bitcoin fell below $80,000 on October 26, 2026, as Ether, XRP and Solana also declined. Published snapshots put Bitcoin near $79,800, with Ether around $2,310, XRP at $1.28 and Solana near $100.59.
Reports cited leveraged liquidations and withdrawals from US spot Bitcoin ETFs as sources of pressure. Crypto.news reported $773.5 million in ETF outflows over two sessions. Liquidation estimates differed sharply: CoinCentral reported more than $810 million over 24 hours, while Crypto.news put the total at $154.23 million.
Traders were watching the Federal Reserve’s October 28 policy decision, US PCE inflation data and a reported $11 billion Bitcoin options expiry. Coinpedia flagged $78,800 as a liquidation-risk level, while CoinCentral identified $82,500 as a level Bitcoin would need to reclaim to signal possible stabilization. These are reported reference points, not predictions.
Bearish
The immediate market signal is bearish: Bitcoin fell below the psychologically important $80,000 level, while Ether, XRP and Solana also declined. Reported ETF withdrawals and leveraged long liquidations point to reduced risk appetite and can add near-term selling pressure. The reported $78,800 liquidation cluster could become a focus for traders if Bitcoin continues lower, although it is not a guaranteed price target.
The liquidation figures are inconsistent: one report cited more than $810 million in 24 hours, while another cited $154.23 million. They should not be combined or treated as a definitive measure of market-wide activity. ETF outflows and exchange inflows are also indicators of reported flows, not proof of what investors will do next.
In the short term, positioning may remain volatile around the Federal Reserve decision, PCE inflation data and the reported options expiry. As in previous risk-off episodes, a break below a key level can trigger stop-losses and further liquidations; conversely, a less hawkish policy signal or a recovery above the cited $82,500 level could ease pressure. Longer term, the direction will depend on monetary policy, fund flows and whether demand returns. The article therefore supports a bearish near-term classification, but does not establish a lasting downtrend.