Bitcoin potentially falling to $10,000 would mark a 92% drop from its previous high, close to its largest historical decline seen in 2011. Analysts compare this scenario to significant past Bitcoin drawdowns and link it to a possible 20% prolonged drop in the S&P 500. Recent Bitcoin ETF outflows do not confirm this price target but highlight market caution. This analysis suggests Bitcoin's price could be influenced by broader stock market trends going forward.
Bitcoin's potential 92% drop from its previous high approaches its worst historical drawdown. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 18, 2026 00:41 WIB: out of 50 priced major cryptocurrencies, 9 rose and 40 fell today. Notable movers include ALGO with a price of Rp1.983 and a 1-day change of -3.50%, COTI at Rp196 with -3.38%, and XTZ at Rp5.392 with -3.11%, with respective Pluang order activities showing varied buy and sell interest.
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Bitcoin whales are depositing about $55 million more than they withdraw daily on exchanges, indicating sustained selling pressure. This trend has been ongoing for weeks while Bitcoin trades around $64,853, down 1.16%. Glassnode's data shows that a sh...
Nic Carter of Castle Island Ventures argues that spot Bitcoin ETFs provide investors with direct Bitcoin exposure without the added risks and costs of investing in Bitcoin treasury companies. These treasury firms, which hold Bitcoin as a core asset, ...
BitMine reportedly has an estimated $8.83 billion paper loss on its Ethereum holdings, based on an average purchase price from August applied to November's larger reserves. This figure, however, is not an official loss as the additional Ethereum acqu...
Over the past week, the cryptocurrency Aero (AERO) experienced a significant drop of 27%, which is a larger decline compared to the losses seen in major cryptocurrencies Bitcoin (BTC) and Ether (ETH). This sharp decrease highlights increased volatili...
