Published Wed, Oct 7, 2026 · 10:17 PM

CRYPTOCURRENCIES fell on Wednesday (Oct 7) as a wave of forced selling swept across digital-asset venues, with broader market jitters further weighing on risk appetite.

Bitcoin, the largest token, fell as much as 2.8 per cent to US$83,248, while Ether slumped 5.3 per cent to US$2,555. Other smaller digital assets also fell, with XRP and Solana each down by more than 4 per cent. Shares of crypto-linked companies retreated, with Coinbase Global dropping as much as 3.7 per cent and Strategy slipping 4.5 per cent.

The digital-asset retreat accelerated as leveraged bets were unwound, with roughly US$650 million in crypto positions liquidated over the last 24 hours, according to data compiled by Coinglass.