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Bitcoin steadies near $81,700 as altcoins and memecoins, led by Pepe, rebound strongly.

Market News
23 Oct 2026
Coindesk
View Source
Bullish
Bitcoin steadies near $81,700 as altcoins and memecoins, led by Pepe, rebound strongly.

Bitcoin rose 0.5% to around $81,700, recovering from a recent dip, while altcoins gained 1.4% and memecoins climbed 2.9%, with the frog-themed Pepe token surging 13%. This rebound follows a tech-led selloff that hit Nasdaq hard, and traders are now focused on the upcoming Federal Reserve meeting on October 27-28 amid ongoing inflation concerns. Crypto futures activity shows cautious rebuilding, with some tokens seeing position closures while commodity-linked tokens attract new money. Overall, positive sentiment is lifting altcoins during Bitcoin's tight trading range.

Bitcoin trades at Rp1.471.741.764 on Pluang as of Oct 23, 2026 18:03 WIB, showing a slight 0.46% decline over the past day despite the article's note of a price recovery to $81,700. Binance Coin (BNB) is up 1.90% at Rp13.474.686, reflecting some of the altcoin strength mentioned in the news. Pluang users currently favor selling Bitcoin with 70% sell orders, while BNB sees a more balanced 61% sell to 39% buy ratio, indicating cautious market sentiment ahead of the Federal Reserve meeting.

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