Bitcoin surged past $84,000, fueled by a short squeeze that forced bearish traders to close leveraged positions, causing $746 million in crypto liquidations. This rally lifted most cryptocurrencies, with Bitcoin futures and options showing increased bullish activity. Despite the gains, high leverage levels pose risks of volatility or a potential long squeeze if momentum fades. The market sees strong buying interest, but investors should watch for possible sharp corrections.
Bitcoin is trading at Rp1.526.474.413 on Pluang as of Sep 21, 2026 21:34 WIB, showing a strong 1-day gain of 6.98%. This surge aligns with the article's report of a short squeeze driving prices above $84,000, although the platform data shows a slightly different price level in rupiah. Despite the rally, Pluang order activity remains predominantly sell at 77%, indicating cautious sentiment among traders even as Bitcoin's market cap reaches Rp30.505,88 trillion.
On October 17, Solana (SOL) experienced the largest decline in open interest among major cryptocurrencies, falling 4.25% to $929.5 million. Bitcoin's open interest also decreased by 0.69% to $7.68 billion. Both Solana and Bitcoin had the highest fund...
U.S. spot funds linked to Bitcoin and Ether experienced net withdrawals totaling $548.5 million over five trading sessions ending October 16. Ether funds accounted for $320.1 million of these outflows, while Bitcoin funds saw $228.4 million withdrawn...
Among the 90 largest cryptocurrencies by market cap, 75 declined over the past 24 hours, with LayerZero (ZRO) experiencing the largest loss of 12.89%, falling to $1.95. Celestia (TIA) led the gainers, rising 9.11% to $0.726. Other notable movers incl...
Monero released a maintenance update 0.18.5.4 fixing bugs without changing network rules, while its price rose 6.93% over the week, outperforming Bitcoin and most major cryptos. The update improves DNSSEC validation and JSON interface functionality. ...
Bitcoin traded near $81,500 on October 17 after a brief rebound toward $83,000 faded, reflecting a slight downturn in the crypto market which fell by 1% over 24 hours. Bitcoin's market cap stood at $1.63 trillion, making up less than 60% of the total...
