Bitcoin (BTC) fell nearly 3% on October 21, reaching a low of $107,552 as the cryptocurrency market faced significant selling pressure. The global crypto market valuation decreased by over 2% to $3.67 trillion, with major altcoins such as Ethereum (ETH) and XRP also experiencing declines. The downturn was intensified by $320 million in liquidated leveraged positions and outflows from U.S. spot Bitcoin ETFs. An Amazon Web Services (AWS) outage further disrupted exchanges like Coinbase, leading to panic selling and algorithmic liquidations.