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Bitcoin and Ethereum drop amid stock market sell-off; Pepe memecoin shows bullish signs.

Market News
09 Nov 2026, 23:00 WIB
AMBCrypto
View Source
Neutral
Bitcoin and Ethereum drop amid stock market sell-off; Pepe memecoin shows bullish signs.

Bitcoin and Ethereum fell 1.87% and 5.27% respectively in the last 24 hours, pressured by a sharp sell-off in the stock market and risk-off sentiment. Over $1 billion in leveraged crypto positions were liquidated as the S&P 500 Futures experienced extreme volatility. Memecoins mostly declined, with Dogecoin down 8.1%, but Pepe gained 5.13% and showed strong buying pressure, suggesting a potential bullish breakout. Traders are watching Pepe's price compression and resistance levels for a possible upward move soon.

While the article highlights Pepe's 5.13% gain, on Pluang as of Nov 10, 2026 04:13 WIB, Pepe is up 1.27%, contrasting with Bitcoin and Ethereum which are down 1.13% and 4.47% respectively. Pepe's price at Rp0,0926 remains far below the larger market caps of Bitcoin at Rp27.143,09T and Ethereum at Rp4.687,49T, showing a distinct scale difference. Dogecoin, despite the article's noted 8.1% fall, is down only 1.56% on Pluang, illustrating varied memecoin performance within the same timeframe.

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