Bitcoin experienced a sharp price drop from around $9,400 to $8,300 within minutes, losing about 16% in value. This decline followed a mysterious 40% drop in Bitcoin's hashrate, which affects network security and miner power. The cause of the hashrate drop remains unclear, but it has raised concerns about potential network vulnerabilities. Other major cryptocurrencies like Ethereum and Bitcoin Cash also fell significantly, reflecting the overall market uncertainty. Despite the short-term volatility, long-term investors are advised to remain calm as such fluctuations are common in the crypto market.
Despite the sharp drop in Bitcoin's price reported in the news, on Pluang as of Sep 24, 2026 22:22 WIB, BTC is trading at Rp1.506.238.308 with a modest 1-day change of -0.26%. In contrast, Bitcoin Cash shows a larger 1-day decline of -1.53% at Rp6.015.085, while Ethereum remains relatively stable with a slight -0.07% change at Rp47.774.447. This highlights that while Bitcoin's price experienced a sudden fall, the current trading activity on Pluang shows more moderate daily fluctuations across these major cryptocurrencies.
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