China's AI-focused STAR50 index dropped 4.81%, continuing a 40% decline since July, wiping out about $480 billion in value. While this selloff hasn't directly affected Bitcoin due to China's crypto bans, concerns about US tech earnings and AI spending outpacing revenue could indirectly pressure Bitcoin, as it is increasingly linked to tech stocks through ETFs. Some analysts suggest Bitcoin might benefit if investors rotate capital back from AI stocks, but overall, Bitcoin's near-term price depends more on US tech sector performance and macroeconomic events than on China's market. Traders are watching key price levels and upcoming earnings reports for clues on Bitcoin's next move.
Bitcoin trades at Rp1.462.388.704 on Pluang as of Oct 28, 2026 08:02 WIB, showing a 0.81% gain in the last day. The market cap stands at Rp29.484,36T with a 24-hour volume of Rp412,86T. Most Pluang traders are buying Bitcoin, with 73% buy orders and a typical hold time of 112 days, indicating steady investor interest despite volatility in related tech stocks.
XRP commentator Tony Edward criticized extreme price predictions of $10,000, $25,000, and $50,000 per token, arguing they overlook market capitalization and the likelihood that institutions will use multiple blockchain networks, not just XRP. Speakin...
On October 27, Bitcoin was recorded at $79,996.30, slightly below the $80,000 mark, showing a minor daily decline of 0.54%. This follows a larger drop on October 24, when Bitcoin fell 2.07% and also traded below $80,000. The October 27 figure is a sn...
Trader Cedric Cerezo suggests Bitcoin could drop to around $77,000 and briefly to $75,000 before potentially climbing to $90,000-$92,000 by November. This outlook depends on Bitcoin maintaining its 50-week exponential moving average (EMA) and buyers ...
On October 27, Infinity Ground (AIN) led the most-searched cryptocurrencies with a 181.36% gain in 24 hours, trading at $0.132 and ranking 734th by market cap. Other notable cryptos in search rankings included Pearl (PEARL), Bitcoin (BTC), Quantus (Q...
Bitcoin traded at $80,615 on October 27, slightly above the critical $80,000 level identified by influencer Ki Young Ju. Ju warned that if Bitcoin falls below $80,000, it could trigger a cascade of long liquidations, potentially causing sharp price d...
