Bitcoin fell below its 50-day moving average for the first time since August, ending a 66-day streak above this technical level. The cryptocurrency traded around $80,713, down 1.12% over 24 hours, while still remaining about 10% above its 200-day moving average. This drop coincided with significant withdrawals from U.S. spot Bitcoin ETFs, which saw $137.9 million in outflows on October 23, following $635.6 million the day before. These combined outflows of approximately $774 million mark the largest two-day withdrawal since June, signaling potential investor caution or profit-taking in the Bitcoin market.
Bitcoin's recent price action is context for readers following cryptocurrency markets. As of Oct 24, 2026 20:01 WIB, Pluang data shows 5 of 50 major cryptocurrencies rose while 43 fell. Notable movers include EOS up 8.13% at Rp12,649, EGLD down 7.38% at Rp60,783 with 91% sell orders, and ONE down 7.12% at Rp24 with 97% buy orders. This breadth snapshot reflects broad market movement on Pluang's platform.
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