Bitcoin may be approaching a local bottom as about 30,000 smaller wallets have disappeared since mid-October, indicating retail investors are exiting positions amid stagnant prices. This decline in wallet participation is seen as a contrarian signal that a price recovery could be near, especially if Bitcoin holds above $80,000 and moves back above $82,500. However, a sustained drop below $79,000 could delay this recovery. Historical patterns show similar wallet contractions preceded past Bitcoin rallies, making this a key moment for investors to watch.
As Bitcoin wallets shrink, the cryptocurrency holds steady on Pluang, trading at Rp1.453.605.500 as of Oct 27, 2026 07:31 WIB. The market cap stands at Rp29.215 trillion with a 24-hour volume of Rp501,41 trillion. Despite 73% of orders being sell orders, Bitcoin shows a slight 0.29% gain in the past day, reflecting cautious but stable activity among investors.
Bitcoin is trading close to the key $80,000 mark, showing cautious investor sentiment ahead of the US Federal Reserve's upcoming interest rate decision. The cryptocurrency recently dipped to its lowest level since September but found support near $79...
Galaxy Digital's research indicates the Bitcoin bear market ended in June 2026, with Bitcoin now in an accumulation phase that historically precedes price advances. Key technical indicators like the 200-week and 50-week moving averages support this v...
Ethena (ENA) surged 8.66% in the past 24 hours, outperforming Bitcoin's modest 0.16% gain and the broader altcoin sector's 0.40% rise. Despite a recent downtrend in spot demand, positive funding rates and increased open interest suggest bullish marke...
Bitway (BTW) experienced a sharp 30.31% drop to $1.14, marking the steepest 24-hour decline among the 89 largest cryptocurrencies excluding stablecoins. Other notable decliners included Rain (down 5.04%) and Gram (down 3.10%). On the upside, Quant le...
Ethereum's price dropped to around $2,308, closing below its 200-day moving average of $2,329 for the fourth consecutive day, signaling a weak market trend. This decline is driven by investor caution ahead of the US Federal Reserve's rate decision on...
