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[LIVE] Crypto News Today, October 8 – Why Is Crypto Going Down Today? Bitcoin Fell Below $121K and $500 Million in Longs Liquidated: Best Altcoins to Buy During This Dip?

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The crypto market pulled again barely at this time, with Bitcoin

.cwp-coin-chart svg path {
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Bitcoin
BTC


$121,695.23


1.91%







[LIVE] Crypto News Today, October 8 – Why Is Crypto Going Down Today? Bitcoin Fell Below $121K and $500 Million in Longs Liquidated: Best Altcoins to Buy During This Dip?

Bitcoin
BTC


Worth

$121,695.23

1.91% /24h





Quantity in 24h


$70.06B
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Worth 7d

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Study extra


falling from its current all-time excessive of $126,000 to round $121,200, earlier than stabilizing close to $121,553. The decline triggered widespread liquidations, totaling over $659 million throughout longs and shorts — with $500 million of that wiped from lengthy positions in simply 24 hours and now the query is: the place to seek out the very best altcoins to purchase throughout this dip?

DISCOVER: Plasma (XPL) Crypto: Companions With Belief Pockets, Backside Is In?

Liquidations coinglass
(Supply: Coinglass)

Ethereum

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}





Ethereum

Ethereum
ETH


$4,464.79


4.50%







Ethereum

Ethereum
ETH


Worth

$4,464.79

4.50% /24h





Quantity in 24h


$46.06B
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?
–>


Worth 7d

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Study extra


 additionally slid over 5%, buying and selling beneath $4,500, whereas the general crypto market capitalization dropped by greater than 3% prior to now day. Regardless of the selloff, not all cash suffered equally. Amongst prime performers,

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BNB

BNB
BNB


$1,313.48


3.68%







BNB

BNB
BNB


Worth

$1,313.48

3.68% /24h





Quantity in 24h


$10.29B
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Worth 7d

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Study extra


  jumped 8.8% to $1,356, now buying and selling at $1306.

Market Cap
24h
7d
30d
1y
All Time

EXPLORE: Finest Meme Cash To Purchase

Finest Altcoins To Purchase? BNB Chain DEX Quantity Surges to $6.05B Amid Meme Coin Growth

Based on DeFiLlama, BNB Chain decentralized alternate (DEX) buying and selling quantity skyrocketed to $6.05 billion on October 7, marking its second-highest stage of 2025. The surge was fueled by intense on-chain meme coin exercise, with PancakeSwap dominating the scene and dealing with almost $4.29 billion in 24-hour quantity.

As Solana meme cash wrestle, BSC-based initiatives are taking the highlight. Cash like PALU, 4, BROCCOLI, CAT, and GIGGLE all posted double-digit positive factors over the past day, highlighting the rising momentum within the BNB Chain ecosystem.

In the meantime, USELESS, one of many prime 20 Solana meme cash, stood out as a uncommon gainer. The token surged over 35% prior to now 24 hours, almost reclaiming prior all-time highs. Chart watchers counsel a doable Wave 3 rally could possibly be forming if momentum holds.

Bitcoin drops below $121K as $500M in longs liquidated; BNB, USELESS, and BSC meme coins emerge as best altcoins to buy.

With Bitcoin cooling from document ranges, this market dip may current alternatives for buyers scanning for the very best altcoins to purchase earlier than the following leg up.

Observe alongside for the newest crypto information, value motion, and trending altcoins.

2 minutes in the past

4.Meme Tops Launchpad Revenues with $1.4M as BNB Hits New All-Time Excessive, Signaling BSC Market Dominance

Fatima

By Fatima

4.Meme flipped Pump.enjoyable in 24-hour income, topping all launchpads with $1.4 million in charges. As a BNB Chain launchpad, its surge underscores BSC’s rising dominance, coinciding with BNB’s new all-time excessive of $1,356 lower than 24 hours in the past — marking a robust section for Binance ecosystem development and meme coin exercise.

Defillama launchpad
(Supply: DefiLlama)

The put up [LIVE] Crypto Information In the present day, October 8 – Why Is Crypto Going Down In the present day? Bitcoin Fell Under $121K and $500 Million in Longs Liquidated: Finest Altcoins to Purchase Throughout This Dip? appeared first on 99Bitcoins.



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Tags: 121KAltcoinsBitcoinBuycryptoDipFellLiquidatedLiveLongsmillionNewsOctoberToday
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