More than $600 million in leveraged long positions were liquidated across cryptocurrency markets as Bitcoin fell from above $87,000 to near $83,000. This decline pressured traders who had bet on further price increases, forcing many to exit their positions. Ether and other major altcoins experienced even larger losses, broadening the market retreat. The pullback reflects reduced risk appetite ahead of the Federal Reserve's upcoming Federal Open Market Committee (FOMC) minutes, which investors are closely watching for clues on future monetary policy.
As of Oct 07, 2026 23:53 WIB, Bitcoin trades on Pluang at Rp1.491.744.544, down 2.74% over the past day. The market shows a slight selling bias with 53% of orders to sell versus 47% to buy, and typical holders keep their positions for about 111 days. This ongoing price pressure aligns with the recent liquidation wave mentioned in the news, underscoring the cautious sentiment among traders.
Bitcoin surged over 5% from an election-night low of around $75,600 to reclaim the $80,000 level, its highest since Binance’s hack. This recovery came despite political shifts in the US Congress, showing market confidence in Bitcoin's resilience and ...
Crypto commentator Virtual Bacon suggests XRP's price may have bottomed near $1, revising his downside target to $1.10 from $1.20. However, he warns that XRP tokens linked to the Binance hack could enter the market, adding selling pressure since thes...
Bitcoin surged nearly 5% to surpass $80,000 amid a broad crypto market recovery. The DePIN sector led gains with a 5.79% rise, while Ether climbed over 7% to above $2,400. Other sectors like RWA, Layer 2, and PayFi also posted notable increases, sign...
The recent Democratic sweep of both houses in Congress has increased political certainty but has not strengthened Bitcoin's market fundamentals. Retail sentiment has turned bearish, with Bitcoin's price struggling to recover above $77,000 amid weak b...
XRP saw the largest 24-hour increase in open interest at 4.56% among five major crypto perpetual futures, including Bitcoin, Ether, Solana, and Dogecoin. All assets had a positive funding rate of 0.0100% per eight-hour period, favoring short position...
