From US$86,500 to US$81,000: The anatomy of a crypto deleveraging wave

The crypto market is reeling. Bitcoin trades around US$80,550 to US$81,000. Ethereum trades near US$2,410 to US$2,470. Both assets dropped sharply on October 9, 2026. An aggressive deleveraging wave and broader macro risk-off sentiment drove the decline. Bitcoin fell about 3.3 per cent to 4 per cent over the last 24 hours. It dropped from […] The post From US$86,500 to US$81,000: The anatomy of a crypto deleveraging wave appeared first on e27.