Crypto Daily Brief — 2026-10-08
Bitcoin and major cryptocurrencies experienced a sharp correction over the past 48 hours, with BTC falling below $84,000 amid hawkish Fed minutes and geopolitical tensions, triggering over $550 million in liquidations. While the U.S. Treasury withdrew proposed rules on crypto mixers and self-hosted wallets, signaling a potential regulatory easing, market sentiment remains cautious as investors await further macroeconomic clarity. The broader crypto market cap has contracted to approximately $2.95 trillion, reflecting a 0.64% decline in the last 24 hours.
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