Key Takeaways
- • Bitcoin fell below $82,000 on October 13, 2026, with Ethereum, Solana, XRP and Zcash also declining, according to the primary report.
- • Crypto derivatives liquidations totaled $771 million in the 24 hours through October 12, with $685.6 million (nearly 89%) from long positions, citing CoinGlass data reported by The Block.
- • US spot Bitcoin ETFs recorded $681.1 million in net weekly outflows for the week ending October 9, while Ethereum ETFs saw $542.1 million in outflows, a record redemptions week since January, per SoSoValue.
- • The September US CPI report, due October 14 at 8:30 a.m. ET, is expected to show annual inflation rising to 3.7% from 3.4%, with Fed futures pricing a 19% probability of an October rate increase and 85% for December.
Summary
Bitcoin extended its sell-off on October 13, 2026, falling below $82,000 and trading near $81,382 after a 2.8% decline over the prior 24 hours, according to The Block. Ethereum dropped to $2,425, while Zcash fell roughly 10.4% to $1,149 and Solana and XRP declined approximately 4.5% and 3.5%, respectively.
Leveraged liquidations amplified the decline. According to The Block, citing CoinGlass figures, crypto liquidations reached $771 million in the 24 hours through October 12, of which $685.6 million were long positions. Roughly $631.8 million was liquidated in the final 12 hours of the window. A Crypto Briefing report noted about $120 million in leveraged longs were liquidated within 15 minutes as Bitcoin broke below $82,000. Alpha Finance's liquidation heatmap showed concentrations of about $98.6 million in long liquidations at $82,632, with further clusters near $81,946, $81,604, $80,575 and $80,163. These figures are modeled exposure rather than actual orders.
Fund flows added pressure. US spot Bitcoin ETFs posted $679 million in outflows in the week ending October 9 per Farside Investors, while SoSoValue data put net weekly outflows at $681.1 million for Bitcoin ETFs and $542.1 million for Ethereum ETFs. BlackRock's ETHA accounted for $477 million of Ethereum ETF redemptions. Solana ETFs recorded their first weekly outflows in 14 weeks, at $24.8 million. Bitcoin ETFs had ended three consecutive weeks of inflows before the latest reversal, and total Bitcoin ETF net assets stood at $105.84 billion.
Macro conditions also weighed on risk assets. Barron's attributed the recent decline to higher Treasury yields and a rising dollar, and the dollar remained near an 18-month high on October 13. The 10-year Treasury yield was cited at about 5.19%. Separately, South Korea's KOSPI fell 5.46% to 6,035.35 on October 13 on chip-stock weakness, with foreigners selling roughly $3.35 billion according to Yonhap News Agency. The primary report notes no direct causal link has been established between the Korean sell-off and Bitcoin's decline.
Attention now turns to the September US CPI release on October 14. Annual inflation is expected to rise to 3.7% from 3.4% in August, driven mainly by energy costs. Economists expect core CPI to rise about 0.2% month over month. A hotter reading could reinforce expectations of tightening, while a cooler print could support a recovery, particularly if Treasury yields and the dollar ease. Most analysts expect the Federal Reserve to hold rates at its October meeting.
Leveraged liquidations amplified the decline. According to The Block, citing CoinGlass figures, crypto liquidations reached $771 million in the 24 hours through October 12, of which $685.6 million were long positions. Roughly $631.8 million was liquidated in the final 12 hours of the window. A Crypto Briefing report noted about $120 million in leveraged longs were liquidated within 15 minutes as Bitcoin broke below $82,000. Alpha Finance's liquidation heatmap showed concentrations of about $98.6 million in long liquidations at $82,632, with further clusters near $81,946, $81,604, $80,575 and $80,163. These figures are modeled exposure rather than actual orders.
Fund flows added pressure. US spot Bitcoin ETFs posted $679 million in outflows in the week ending October 9 per Farside Investors, while SoSoValue data put net weekly outflows at $681.1 million for Bitcoin ETFs and $542.1 million for Ethereum ETFs. BlackRock's ETHA accounted for $477 million of Ethereum ETF redemptions. Solana ETFs recorded their first weekly outflows in 14 weeks, at $24.8 million. Bitcoin ETFs had ended three consecutive weeks of inflows before the latest reversal, and total Bitcoin ETF net assets stood at $105.84 billion.
Macro conditions also weighed on risk assets. Barron's attributed the recent decline to higher Treasury yields and a rising dollar, and the dollar remained near an 18-month high on October 13. The 10-year Treasury yield was cited at about 5.19%. Separately, South Korea's KOSPI fell 5.46% to 6,035.35 on October 13 on chip-stock weakness, with foreigners selling roughly $3.35 billion according to Yonhap News Agency. The primary report notes no direct causal link has been established between the Korean sell-off and Bitcoin's decline.
Attention now turns to the September US CPI release on October 14. Annual inflation is expected to rise to 3.7% from 3.4% in August, driven mainly by energy costs. Economists expect core CPI to rise about 0.2% month over month. A hotter reading could reinforce expectations of tightening, while a cooler print could support a recovery, particularly if Treasury yields and the dollar ease. Most analysts expect the Federal Reserve to hold rates at its October meeting.
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