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Bitway's BTW token surges 25% in 24h, leading altcoin rally as Bitcoin holds near $85,900.

Market News
06 Oct 2026
Coindesk
View Source
Bullish
Bitway's BTW token surges 25% in 24h, leading altcoin rally as Bitcoin holds near $85,900.

Bitway's native token, BTW, jumped 25% in the last 24 hours and 170% over the past month, spearheading gains among smaller altcoins while Bitcoin trades around $85,900. Analysts warn that if Bitcoin falls below $84,000, it could quickly drop to $80,000. Bitcoin derivatives show stable open interest and cooling funding rates, signaling a pause in leveraged trading heat. Meanwhile, other altcoins like Filecoin and LayerZero also gained significantly, indicating growing investor interest in smaller cryptocurrencies amid Bitcoin's range-bound trading.

Filecoin and LayerZero continue to gain on Pluang, trading at Rp20,790 and Rp38,158 respectively as of Oct 06, 2026 17:42 WIB. Filecoin's price rose 8.22% in one day with a market cap of Rp17.4 trillion. LayerZero also climbed 8.30%, with a market cap of Rp15.39 trillion and 99% of orders on Pluang being buys. These movements show strong interest in altcoins even as Bitcoin remains steady around $85,900.

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