Bitcoin and crypto markets face a critical week with three major events: US midterm elections, rate decisions by central banks in Australia, Sweden, and the UK, and the US October jobs report. Investors link Bitcoin's potential rise to $100,000 by year-end with which party controls the US Congress, with Republicans seen as more favorable. Meanwhile, expected rate hikes abroad and the US jobs data will influence market sentiment, as higher rates could divert investment from Bitcoin. The outcomes will shape Bitcoin's near-term trajectory amid recent market volatility triggered by a major Binance hack.
Bitcoin trades at Rp1.415.201.940 on Pluang as of Nov 02, 2026 19:22 WIB, showing a slight 0.11% gain in the last day. Market interest remains strong with 71% of orders buying Bitcoin and a typical hold time of 112 days. The market cap stands at Rp28.344,63 trillion, reflecting sustained investor engagement despite recent volatility.
Dogecoin (DOGE) saw the largest 24-hour increase in futures open interest, rising 2.43% to $197.2 million, with a high funding rate of 0.0100% per eight hours, indicating strong long position dominance at 71.6%. In contrast, Bitcoin and Ether experie...
Analyst ChartNerd suggests XRP might have to return to a lower historical range against Bitcoin (BTC) before it can regain strength. By comparing XRP/BTC performance with XRP/USD price history, the analyst identifies past periods where XRP's price bo...
Binance's proof-of-reserves snapshot on October 31 revealed a 0.52% increase in Bitcoin (BTC) balances, rising by 3,614 BTC to about 692,200 BTC since October 1. However, balances of Ether (ETH), Tether (USDT), and Binance Coin (BNB) declined during ...
Bitcoin has historically reached cycle lows 13 to 71 days after US midterm elections in 2014, 2018, and 2022. With the 2026 midterms on Nov 3 and a 72% chance of a Democratic sweep, analysts expect the next bitcoin low between mid-November 2026 and J...
Two major wallets on the Hyperliquid platform held a combined $1.06 billion in short positions as of late Sunday, spanning cryptocurrencies like Ether and Bitcoin, as well as metals and meme tokens. The larger wallet held $617.5 million in shorts, in...
