In brief
- Bitcoin slid from $121,000 to $109,000 in about seven hours Friday. Ethereum hit $3,686 and Solana hovered above $173, per CoinGecko.
- Liquidations neared $20 billion for the day, including roughly $16.7 billion in longs, after an hour that wiped almost $7 billion.
- Stocks fell alongside crypto, with the Nasdaq falling 3.6%, S&P 500 down 2.7%, while the Dow slipped 1.9%.
The crypto market has begun to claw back losses following a sell-off that resulted in one of the worst liquidation events in its history.
On Friday, Bitcoin fell from $121,000 to as low as $109,000 over a seven-hour period, erasing all gains made from an early “Uptober” rally. Ethereum dipped to a low of $3,686 while Solana touched just above $173, CoinGecko…
Oct 13 2025
