Bitcoin
Crypto Market Consolidates Ahead of FOMC as $600M in Longs Get Liquidated
Coinpedia·October 7, 2026·1 min read
Crypto markets consolidated ahead of the Federal Reserve's FOMC minutes, with Bitcoin slipping toward $83,000 after failing to hold above $87,000. Ethereum and other major altcoins saw deeper losses as over $600 million in leveraged long positions were liquidated, turning a BTC pullback into a broader risk-off move.
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