Bitcoin price briefly fell below $80,000 following a 6.3% rise in US Producer Price Index inflation, triggering hawkish comments from Federal Reserve officials signaling potential aggressive rate hikes. Despite the dip, large Bitcoin holders (whales) are accumulating, suggesting confidence among major investors, while retail traders show bearish sentiment. Bitcoin quickly recovered above $80K, but technical indicators point to weak momentum, with resistance near $82,580. The market awaits further Fed decisions, with inflation data and rate hikes likely to influence Bitcoin's near-term price direction.
Bitcoin trades at Rp1.469.827.200 on Pluang, showing a modest 0.69% gain in the last day. Buy orders dominate at 62%, indicating more buying interest than selling as of Oct 16, 2026 16:21 WIB.
Bitcoin briefly fell below the $80,000 support level on October 15, but large buyers quickly stepped in, pushing the price back above $82,000. Data from Glassnode shows that while the $80,000 buy orders were filled, the overall buying support at that...
Binance founder Changpeng Zhao (CZ) believes Bitcoin could reach $1 million sooner than many expect, driven by increasing institutional adoption, expanding financial infrastructure, and its potential role in national reserves. Speaking at Bitcoin Asi...
Injective (INJ) surged 27.8% to $9.27, leading Friday's crypto gainers while Bitcoin remained stable around $82,197. This sharp rise highlights growing investor interest in altcoins despite Bitcoin dominance holding steady at 59.3%. Market sentiment ...
On October 15, XRP and Dogecoin recorded the highest funding rates of 0.0100% every eight hours (annualized at 10.9%) among five major crypto perpetual futures. Dogecoin also led in open-interest growth with a 4.94% increase to $219.1 million, while ...
Bitcoin price recovered above $82,000 on October 16 after briefly falling below $80,000 during a volatile session triggered by stronger U.S. inflation data and tech stock selloffs. The rebound coincided with gains in Asian equity markets, including a...
