Bitcoin experienced its largest net exchange outflow in seven months on October 5, with about 24,073 BTC leaving exchanges, indicating a move towards private wallets. Despite this, Bitcoin's price dropped from around $85,000 to $83,654, reflecting caution in the market. Elevated U.S. Treasury yields continue to pressure Bitcoin, contrasting with strong equity markets. While the reduced supply on exchanges could support prices, bearish momentum remains, though some analysts remain hopeful for a price rebound by 2027.
Bitcoin's market cap on Pluang stands at Rp29.942,9 trillion as of October 8, 2026, with a 24-hour trading volume of Rp690,65 trillion, showing active market participation. Despite the news of a significant BTC outflow from exchanges, Bitcoin's price on Pluang is Rp1.485.000.150, down 2.95% in the last day as of the same time. The circulating supply is at 20.1 million BTC, about 96% of the total supply, indicating most Bitcoin is already in private hands, consistent with the reported exchange outflows.
Bitcoin failed to hold above $85,000 on October 7, with large-cap altcoins dropping 3-5% amid rising US Treasury yields hitting 24-year highs. The 10-year yield reached 5.307% and the 30-year yield 5.688%, raising concerns ahead of key economic event...
Bitcoin fell back to around $83,300 after briefly surpassing $86,400, with the $81,300 level now critical as a support threshold. A sustained break below $81,300, combined with outflows from US bitcoin ETFs and loss-making sales by recent investors, ...
Bitcoin is currently trading at a $64 discount on Coinbase compared to global exchanges like Binance, marking the longest negative Coinbase premium streak of over 77 days. This persistent discount signals ongoing selling pressure or weak demand from ...
BlackRock's IBIT ETF received a large transfer of 1,426.47 Bitcoin valued at $119 million from Coinbase Prime, signaling increased institutional interest. Meanwhile, Wintermute sold 619.59 Bitcoin worth $51.7 million through Binance, indicating activ...
More than $600 million in leveraged long positions were liquidated across cryptocurrency markets as Bitcoin fell from above $87,000 to near $83,000. This decline pressured traders who had bet on further price increases, forcing many to exit their pos...
