Bitcoin recently faced strong resistance near the $86,500 level, leading to significant profit-taking with $1.03 billion realized in a single day, the second-highest of 2026. This selling pressure caused Bitcoin's price to drop about 4.5% over the week, trading around $82,400. Meanwhile, Bitcoin ETFs have seen outflows totaling $409.71 million in October, indicating weakening new demand. The $81,000 price zone may act as short-term support if buyers absorb selling pressure, but the market remains at a critical point between profit-taking and fresh investment inflows.
Following the recent profit-taking in Bitcoin noted in the article, the cryptocurrency trades slightly higher on Pluang, up 0.35% as of Oct 10, 2026 12:11 WIB, at Rp1.477.478.658. Despite the article's mention of a weekly price drop, current Pluang order activity shows a strong buying interest at 70%, with a typical hold time of 111 days, suggesting some investors remain confident in Bitcoin's medium-term prospects.
Filecoin (FIL) topped the 24-hour gains among the 90 largest cryptocurrencies by market cap, rising 11.10% to $1.20 as of early Oct. 10. Polkadot (DOT) and Bitway (BTW) followed with increases of 10.25% and 9.94%, respectively. Meanwhile, LayerZero (...
Derive (DRV) led crypto search interest, rising 14.88% to $0.548 with a market cap of $548.6M, following a previous 27% surge. Starknet (STRK) posted the largest 24-hour gain of 27.57%, trading at $0.0765 and valued at $570.2M. Other notable movers i...
On October 10, futures data showed a significant drop in long-position shares for XRP and Bitcoin in coin-margined contracts, with XRP falling 13 percentage points to 65.97% and Bitcoin down 9.30 points to 65.41%. This decline suggests a more cautiou...
A significant sell order of 100.534 Bitcoin, valued at approximately $8.3 million, was placed on Binance's perpetual market at a price of $82,585. This sell order caused the sell-side market depth to exceed the buy-side by about $4.5 million, represe...
On October 9, Cosmos Hub was the top-performing cryptocurrency, rising 17.05% to $2.07 amid a broad market rally where 67 of 90 tracked assets advanced. Other notable gainers included Bitway, Polkadot, Jupiter, and Aptos, each increasing over 10%. Me...
