Key Takeaways
- • Bitcoin fell to $80,416.26, down 3.4% over 24 hours and 2.3% over seven days, after the crypto market crash pushed prices below $81,000 on Thursday.
- • Ethereum dropped 6.1% in 24 hours to $2,349.77, extending its seven-day decline to 7.4% and underperforming Bitcoin.
- • Crypto liquidations totaled $927.30 million over 24 hours, with long positions accounting for $851.47 million (about 91.8%).
- • Spot Bitcoin ETFs recorded net outflows of $261.46 million and spot Ethereum products $129.51 million on October 14.
- • September U.S. CPI rose to 3.7% year over year, above the 3.6% forecast, and core CPI reached 2.6%, feeding uncertainty over the Federal Reserve's next rate decision.
Summary
The crypto market crash spread across major digital assets on Thursday, October 15, 2026, as Bitcoin and other tokens retreated. Bitcoin traded at $80,416.26 at the time of writing, with 24-hour trading volume of $38.72 billion and a market capitalization of approximately $1.62 trillion. Ethereum traded at $2,349.77 after losing 6.1% in the previous 24 hours and 7.4% over seven days, with daily volume of $18.84 billion.
The declines extended beyond the two largest assets. According to the report, XRP fell 5.4% over 24 hours to $1.30 and was down more than 7% on the week. Solana traded at $101.79 after a 5.1% daily decline and a 10.2% seven-day loss. BNB fell 3.3% to $718.50, and TRON fell 1.1% to $0.3295.
The selloff followed Wednesday's U.S. inflation report, which showed September headline CPI at 3.7% annually, above forecasts of 3.6% and the highest annual rate since May. Monthly unadjusted inflation rose 0.6%, its largest increase since April 2026. Core CPI, which excludes food and energy, climbed 2.6% from a year earlier, exceeding expectations of 2.5% and marking the highest rate since June 2026. Uncertainty over the Federal Reserve's next interest-rate decision weighed on markets Thursday morning, and losses worsened during the session.
Spot cryptocurrency investment products also saw withdrawals. On October 14, spot Bitcoin funds, which hold Bitcoin directly, recorded net outflows of $261.46 million, while spot Ethereum products recorded net outflows of $129.51 million. Withdrawals exceeded inflows across both fund groups.
Leveraged positioning amplified the move. Crypto liquidations totaled $927.30 million over 24 hours, with long positions at $851.47 million and shorts at $75.83 million. Within the day, the 12-hour window accounted for $639.03 million, the four-hour window $81.62 million, and the most recent one-hour window $40.35 million, with longs dominating each period. Bitcoin and Ether futures liquidations alone totaled nearly $483 million, including $286 million from Ether.
The declines extended beyond the two largest assets. According to the report, XRP fell 5.4% over 24 hours to $1.30 and was down more than 7% on the week. Solana traded at $101.79 after a 5.1% daily decline and a 10.2% seven-day loss. BNB fell 3.3% to $718.50, and TRON fell 1.1% to $0.3295.
The selloff followed Wednesday's U.S. inflation report, which showed September headline CPI at 3.7% annually, above forecasts of 3.6% and the highest annual rate since May. Monthly unadjusted inflation rose 0.6%, its largest increase since April 2026. Core CPI, which excludes food and energy, climbed 2.6% from a year earlier, exceeding expectations of 2.5% and marking the highest rate since June 2026. Uncertainty over the Federal Reserve's next interest-rate decision weighed on markets Thursday morning, and losses worsened during the session.
Spot cryptocurrency investment products also saw withdrawals. On October 14, spot Bitcoin funds, which hold Bitcoin directly, recorded net outflows of $261.46 million, while spot Ethereum products recorded net outflows of $129.51 million. Withdrawals exceeded inflows across both fund groups.
Leveraged positioning amplified the move. Crypto liquidations totaled $927.30 million over 24 hours, with long positions at $851.47 million and shorts at $75.83 million. Within the day, the 12-hour window accounted for $639.03 million, the four-hour window $81.62 million, and the most recent one-hour window $40.35 million, with longs dominating each period. Bitcoin and Ether futures liquidations alone totaled nearly $483 million, including $286 million from Ether.
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