Bitcoin (BTC) experienced a sharp drop of $1,600 within about two hours early on October 7, falling from $85,500 to $83,900 due to aggressive selling and forced closures of leveraged long positions. Market indicators showed extreme selling pressure, with the Taker Order Pressure Oscillator at -4.9 and the Liquidation Pressure Oscillator plunging from -11 to -78. Although BTC later recovered slightly to around $84,100, analysts caution that a sustained break below $83,900 combined with continued negative selling and liquidation pressures would be a more significant signal of a trend reversal.
Bitcoin's recent sharp price drop provides context for cryptocurrency market activity on Pluang as of Oct 07, 2026 13:21 WIB. Among 50 major cryptocurrencies, only 4 rose while 45 fell today. Notable movers include ONE with a 6.51% decline and 82% buy order activity, XTZ down 6.12% with 95% sell orders, and COTI down 6.09% with 58% sell orders.
Bitcoin fell sharply from $85,341 to $83,790 within 20 minutes on Oct 7, triggering over $400 million in long position liquidations. This sudden drop happened three days before the anniversary of crypto's largest-ever liquidation event on Oct 10, 202...
Meritz Securities and Ripple have formed a strategic partnership to assess whether Ripple Custody and tokenization infrastructure can support South Korea's capital markets. This collaboration aligns with South Korea's ongoing development of regulator...
Meritz Securities has signed a strategic partnership with Ripple to explore the use of Ripple Custody and tokenization infrastructure within South Korea's capital markets. The collaboration will initially operate within current securities and digital...
Shell reported a sharp rise in refining margins to an estimated $42 per barrel in Q3, up from $24 in Q2, driven by stronger market conditions. Integrated gas production increased to between 740,000 and 780,000 barrels of oil equivalent per day, boost...
Near Protocol (NEAR) saw a price increase of 3.28% within one hour, rising from $4.99 to $5.16 on the Binance spot NEAR/USDT market. Despite this hourly gain, the token was still down 0.15% over the past 24 hours. NEAR holds the 21st position by mark...
