Bitcoin fell below $81,500 today (13th), plunging 2.9% over the past 24 hours; Ethereum lost the $2,425 level, down nearly 4.8%; SOL and XRP also plunged by more than 6% to 7%. Total liquidations across the network surged to $770 million, mainly involving $685 million in long positions, while the Greed Index fell from 69 to 57. (Previous update: Bitcoin rebounded to $84,000 and Ethereum recovered to $2,546! Total liquidations reached $164 million, and the Greed Index recovered.) (Background: Bitcoin ETF outflows reached $487 million in a single day! The strongest selling pressure in 90 days, putting the $80,000 support level in serious jeopardy.) Table of Contents Toggle $770 million in liquidations across the network over 24 hours, with long positions bearing the brunt Selling pressure in US tech stocks and a stronger dollar trigger a broad correction in risk assets Altcoins plunge in tandem: SOL falls more than 7%.

On-chain analytics firm Santiment stated on October 12 that XRP fell even as RLUSD's market capitalization rose sharply. RLUSD is Ripple's dollar-based stablecoin designed to maintain a 1:1 value with the US dollar, while XRP is the native asset of the XRP Ledger with prices driven by market