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Bitcoin holds near September highs while related stocks slide sharply in early October.

Market News
09 Oct 2026
Crypto Briefing
View Source
Bearish
Bitcoin holds near September highs while related stocks slide sharply in early October.

Bitcoin maintained most of its gains from September into early October, staying near $83,000 despite a slight dip. However, five major Bitcoin proxy stocks—Strategy, Coinbase, Marathon Digital, Riot Platforms, and CleanSpark—fell sharply as they reacted more to rising US Treasury yields and broader market pressures than to Bitcoin's price itself. This divergence highlights the difference between owning Bitcoin directly and owning companies exposed to Bitcoin, which face additional risks like operating costs and interest rate sensitivity. Investors should watch Bitcoin's support levels, bond market trends, and fund flow shifts to gauge future movements.

Bitcoin price trends as of Oct 09, 2026 18:22 WIB provide context for the crypto market. For readers following cryptocurrency broadly, here is Pluang's market snapshot: out of 50 major cryptocurrencies, 11 rose and 38 fell today. Notable movers include BCH (Bitcoin Cash) at Rp4.931.347 with a 1-day change of -6.63%, MANA (Decentraland) at Rp1.660 down 6.27%, and ADA (Cardano) at Rp4.228 down 5.60%.

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