Morning Edition · Monday, October 26, 2026Published at 1:45 AM EDT · New York
More than $800 million in crypto positions were liquidated in a day, Ether and XRP led the declines, and the sell-off in AI-related stocks spread through Asia after Goldman Sachs cut its target for South Korea's Kospi by 25%.

Bitcoin fell below $80,000 early Monday as traders reduced risk before the Federal Reserve's meeting on Oct. 27 and 28. CoinDesk reports that Ether and XRP led losses among the large tokens. CoinCentral counted more than $810 million in cry…
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Part of a tracked trend
Dollar Liquidity Sets Crypto's Direction
Bank reserve levels and Treasury cash management increasingly determine crypto price direction more than crypto-native flows, tying digital assets to the same funding cycle as leveraged equities.
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