Bitcoin rose to around $83,500, its highest in a week, driven by a rebound in Asian tech stocks and strong earnings reports from SpaceX and Tesla. The two companies formed special committees to explore a merger that would combine over 30,000 bitcoins, valued at $2.5 billion. Altcoins like ether and zcash also gained, with zcash jumping 11% after announcing a November upgrade to speed up transactions. Market activity increased with higher futures volume and liquidations, though overall positioning remains light, indicating cautious investor sentiment.
Bitcoin trades at Rp1.498.559.563 on Pluang as of Oct 21, 2026 17:51 WIB, up 1.97% in the last day. This rise aligns with the news of SpaceX and Tesla exploring a merger involving a large bitcoin holding. Zcash also shows a strong performance on Pluang, gaining 11.94% to Rp22.940.755, reflecting heightened market interest possibly linked to its upcoming November upgrade.
Abraxas Capital has built up to $1.57 billion in notional short positions on Hyperliquid, using this strategy to hedge its crypto holdings and earn funding payments. The firm’s two accounts have generated $9.8 billion in trading volume and received o...
Zcash (ZEC) has surged into the top 10 cryptocurrencies by market capitalization, reaching about $21.4 billion, driven by a 2,076% gain since early 2025 and a recent price jump after Grayscale launched a spot ZEC ETF. Alongside Zcash, privacy coin Mo...
Bitcoin is trading around $82,000 to $83,000 after falling from highs above $87,000, with analysis showing similar weakness in the S&P 500. Rising U.S. Treasury yields and fading momentum in both markets echo past periods that led to deeper correctio...
On October 20, Dogecoin (DOGE) recorded the largest 24-hour increase in open interest among five major cryptocurrencies, rising 6.89% to $226.9 million. Meanwhile, Bitcoin (BTC) led the group in funding rates at 0.0085% per eight hours, or 9.3% annua...
Bitcoin's price on Binance spot crossed the $83,000 mark, reaching $83,049 at 6:05 p.m. ET on October 20. This represented a $119 increase within 15 minutes from an earlier price of $82,930. The rise highlights Bitcoin's ongoing market strength as th...
