Wintermute, a leading crypto market maker, reports investors are moving capital from altcoins to Bitcoin as US inflation rises to 3.7%, causing tech stocks like Nasdaq to fall. Bitcoin is holding above $82,500 despite pressure, acting as a defensive asset while altcoins drop 5.69%. The market awaits the upcoming US Federal Reserve meeting and midterm elections, expecting increased volatility. Analysts suggest Bitcoin must rise before altcoins can rally again, with major tokens seen as safer bets currently.
As of Oct 20, 2026 23:41 WIB, Bitcoin trades on Pluang at Rp1.490.036.904 with a 1-day gain of 0.82%, showing resilience as a defensive asset. Ethereum and XRP also post positive 1-day changes of 1.94% and 1.77% respectively, with Ethereum priced at Rp44.056.953 and XRP at Rp23.868. Notably, Bitcoin's market cap stands at Rp29.864,28T, highlighting its dominant position amid market shifts.
Bitcoin's price is currently stable within a rising channel but faces potential breakdown soon as technical indicators suggest downward movement. Despite strong inflation data and rising bond yields impacting the U.S. stock market negatively, Bitcoin...
Ondo (ONDO) rebounded 6.6% from a recent low but remains vulnerable due to a 10% weekly decline and weak momentum signals. Bitcoin also fell 2.1% last week, and the overall altcoin market dropped nearly 8%. Bitcoin spot ETFs saw significant outflows,...
Bitcoin's price hovered around $81,392 on October 20, facing immediate support at $81,100 amid short-term selling pressure and weakening U.S. demand. Technical indicators show a fragile position with resistance between $82,000 and $83,300, while a dr...
On October 20, Bitcoin saw the largest token inflows of $56.04 million and outflows of $29.14 million, indicating strong trading activity. The Korean won led fiat currency inflows into the crypto market with $5.10 million, slightly ahead of the euro....
TORCH token reached a new record high, while 12 other cryptocurrencies including DATA and BLUR set new all-time lows. The top five cryptocurrencies by market cap—Bitcoin, Ethereum, BNB, XRP, and Solana—remain significantly below their all-time highs,...
