Bitcoin's price recovery is losing momentum as its volatility decreases to around 25%, nearing the low levels seen in July 2023. Short-term holders' unrealized profits have shrunk from 20% to 5.5%, indicating reduced upward momentum and increased vulnerability to price drops. The cryptocurrency is holding a key support level at $80,000, but further declines could occur if this level breaks, especially given the Federal Reserve's hawkish stance on inflation. A break above resistance near $81,000-$82,000 could open the way for gains toward $90,000, but sustained recovery depends on stronger demand and softer inflation signals.
As of Oct 29, 2026 19:22 WIB, Bitcoin trades on Pluang at Rp1.460.797.267 with a slight 1-day decline of 0.58%. Despite the news highlighting Bitcoin's weakening recovery and volatility nearing lows seen in 2023, Pluang users show strong buying interest with 74% buy orders and a typical hold time of 112 days. The market cap stands at Rp29.201,05 trillion, reflecting continued significant investor engagement.
Open interest in perpetual futures for five major cryptocurrencies—Bitcoin, Ether, Solana, XRP, and Dogecoin—fell as of Oct. 29, with Dogecoin experiencing the largest drop of 2.37%. Despite the declines, long positions outnumbered short ones in all ...
Ethereum spot ETFs experienced withdrawals totaling $170.21 million over three days ending October 28, signaling declining institutional demand and putting downward pressure on Ethereum's price. Despite some relief from Fidelity's FETH ETF, BlackRock...
In the latest 24-hour market snapshot, Cardano (ADA) experienced the largest decline among major cryptocurrencies, dropping 4.06% to $0.1984. Bitcoin (BTC) fell by 1.72% to $79,978, while XRP and Solana also saw decreases of 3.02% and 2.31%, respecti...
A post on X from The Bitcoin Historian account attributed to Fidelity Investments suggests investors increasingly view Bitcoin as a safe-haven asset and hints at renewed upward momentum. It also referenced a previous post predicting Bitcoin could rea...
Bitcoin's price dropped 4.1% in October to $80,159, while major altcoins like Cardano and Dogecoin fell between 13% and 19%. This divergence has shifted portfolio allocations, increasing Bitcoin's share from 50% to over 53% without trades. Investors ...
