Bitcoin briefly fell below $80,000 following the release of U.S. producer prices data showing a 1.3% monthly increase in September, the sharpest since March 2022, driven mainly by a 10.8% rise in energy prices including gasoline. The annual Producer Price Index rose 6.3%, the highest since December 2022, signaling inflation pressures. Despite the drop, Bitcoin recovered to close near $82,100 UTC. The Federal Reserve's upcoming policy meeting on October 27-28 will be closely watched for responses to inflation trends. The PPI reflects prices producers receive, complementing consumer price data that showed a 3.7% annual rise in September.
Bitcoin's market cap on Pluang stands at Rp29.641,29 trillion as of Oct 16, 2026, 20:51 WIB, with a 24-hour trading volume of Rp543,58 trillion. Despite the article noting a brief dip below $80,000, Bitcoin's price on Pluang is currently Rp1.464.080.900, showing a 1.22% gain in the last day. Pluang investors show a buying preference with 62% of order activity, and typical hold time is 111 days, indicating steady interest amid inflation concerns highlighted by recent U.S. producer price data.
On OKX, 81% of Dogecoin accounts hold long positions, a much higher ratio than Bitcoin or Ethereum, indicating strong retail trader bullishness. This lopsided positioning increases the risk of a cascade of forced liquidations if the price falls below...
On October 16, Bitcoin attracted the largest cryptocurrency inflow of $87.83 million, followed by Solana and Ether, signaling strong investor interest. Meanwhile, Binance Coin (BNB) experienced the biggest outflow at $9.09 million, alongside withdraw...
Bitcoin's price rose 1.7% to about $82,300, supported by a record number of large whale wallets holding between 10 and 10,000 BTC, which reached 20,338. This surge in accumulation suggests strong confidence among major holders despite recent price vo...
Bitcoin's price rose 1.94% to $82,529 despite a 24.68% drop in trading volume, indicating limited buying momentum. The Fear & Greed Index climbed to 63, signaling increased investor greed, while network activity slightly eased and search interest gre...
Fidelity's Jurrien Timmer predicts Bitcoin could reach $100,000 in the near term and potentially $300,000 by 2029, based on a long-term valuation model. Bitcoin recently recovered to around $82,000 but must surpass $86,000 resistance to strengthen it...
