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Bitcoin's $82,500 level will determine XRP and altcoins' next moves, warns Wintermute.

Market News
29 Sep 2026
UToday
View Source
Neutral
Bitcoin's $82,500 level will determine XRP and altcoins' next moves, warns Wintermute.

Bitcoin recently closed above its 50-week moving average for the first time since last November, breaking out of a long trading range. The critical test now is whether Bitcoin can hold the $82,500 level, which will influence the direction of XRP and other altcoins. Wintermute analysts caution that if Bitcoin fails to maintain this breakout, the altcoin rally could stall or reverse, as altcoins often depend on Bitcoin's strength to sustain gains. The market will also watch the upcoming US payroll report and Bitcoin's price action closely for further clues on crypto trends.

Bitcoin trades at Rp1.511.568.277 on Pluang as of Sep 29, 2026 21:03 WIB, up 0.44% in the last day. XRP is priced at Rp27.819 with a 1.64% gain over 24 hours. Pluang data shows a strong buy interest for both assets, with 66% of Bitcoin and 60% of XRP orders on the buy side.

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