Bitcoin's price dropped to around $83,000, retreating from last week's peak of $87,315, even as US spot Bitcoin ETFs saw record inflows of $2.39 billion in a week. This divergence suggests that increased institutional demand is being offset by significant selling near the $84,000-$85,000 range. Higher global bond yields and expectations of further Fed rate hikes are also pressuring Bitcoin, making it less attractive compared to other cryptocurrencies like Ethereum, XRP, and Solana, which have shown more resilience. The key level to watch is $83,000; a sustained move below could deepen the pullback, while a rise above $85,000 might signal renewed buying strength.
Bitcoin's recent price movement is provided here as context for readers. For those tracking major cryptocurrencies on Pluang as of Sep 28, 2026 12:21 WIB, 10 out of 50 priced assets rose while 39 fell. Notable gainers include GRT with a 19.29% increase at Rp583, BAL up 11.14% at Rp16.297, and EOS rising 8.13% at Rp12.649.
Ascendis Pharma announced that the European Medicines Agency's CHMP has given a positive opinion for TransCon CNP (Navepegritid), a once-weekly treatment for achondroplasia in children aged 2 and above with open growth plates. This recommendation sup...
Ascendis Pharma announced that the European Medicines Agency's CHMP has issued a positive opinion recommending approval of TransCon CNP (navepegritide), a once-weekly treatment for achondroplasia in children aged two and older with open growth plates...
Morgan Stanley reports a 32-gigawatt electricity deficit for US data centers through 2028, a 34% shortfall even after alternative power sources. This power gap threatens AI growth as data centers need constant energy to operate. Tech analyst James Al...
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...
Consumer services are currently deeply undervalued compared to their 11-year averages and show strong quality metrics, making this subsector particularly attractive for investors. The Fidelity MSCI Consumer Discretionary Index ETF, which has a value ...
