Crypto liquidations hit $550M as Bitcoin price dips below $84K
October 8, 2026
Peter Brandt Favors Monero Over XRP Despite Bullish Price Targets
October 8, 2026
Crypto majors are green; BTC +1.5% at $92,000; ETH +1% at $3,130, SOL +2% at $142; XRP +1% to $2.06. DASH (+60%), IP (+30%) and XMR (+13%) led top movers; XMR hit another new ATH at $680 (now $640). Gold and Silver hit new ATHs again in the wake of the Powell investigation. The US Senate released the draft Crypto Market Clarity Act, including limits on stablecoin rewards. Senator Warren pressed the SEC over inclusion of crypto in 401ks arguing they expose retirees to too much risk. Vitalik Buterin warned crypto needs better decentralized stablecoins, citing governance capture and inflation risks. World Liberty Financial launched a crypto lending platform built around its USD1 stablecoin, attracting ~$20M. BitGo filed for a U.S. IPO targeting a ~$2B valuation as custody assets surpassed $100B. Tennessee regulators ordered Polymarket, Kalshi, and Crypto.com to halt sports prediction markets and refund users, escalating a multi-state legal fight.
