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Crypto markets struggle to rally amid limited liquidity and economic uncertainty despite regulatory progress.

Market News
23 Oct 2026
Tokenpost
View Source
Neutral
Crypto markets struggle to rally amid limited liquidity and economic uncertainty despite regulatory progress.

Crypto commentator Austin Hilton highlighted that limited liquidity and ongoing economic uncertainty are preventing crypto markets from sustaining a strong rally. While positive factors like Bitcoin strength, improved social sentiment, and clearer U.S. regulatory rules for stablecoins under the GENIUS Act support recovery, pressures from inflation, rising fuel costs, and job security concerns weigh on investor confidence. Additionally, high Treasury yields above 5.7% may attract capital away from riskier assets like Bitcoin and XRP. Hilton expects crypto prices to remain range-bound until more capital flows into the market.

As of Oct 24, 2026 06:21 WIB, XRP trades at Rp23.272 with a 1-day decline of 1.15%, contrasting with Bitcoin's smaller 0.31% drop at Rp1.461.260.319 on Pluang. XRP's market cap stands at Rp1.483,76T, significantly lower than Bitcoin's Rp29.480,32T, while XRP's sell activity dominates at 77% compared to Bitcoin's 36%. This highlights XRP's current liquidity challenges amid broader market caution.

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