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Bitcoin retreats after brief surge above $85,000 amid low trading volume and profit-taking.

Market News
10 Oct 2026, 16:46 WIB
Tokenpost
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Neutral
Bitcoin retreats after brief surge above $85,000 amid low trading volume and profit-taking.

Bitcoin briefly rose above $85,000 but then pulled back due to subdued trading activity and limited new capital inflows. Most gains were driven by existing holders paying higher prices, with short-term buyers taking profits after the price spike. Exchange inflows from profitable holders hit a one-year high, and options trading showed increased bullish bets. However, liquidation risks remain concentrated below current prices, and altcoins lost momentum, raising concerns about potential forced sell-offs if prices decline further. Bitcoin traded around $82,787, with the total crypto market capitalization near $2.8 trillion.

Bitcoin's recent price action is presented here with Pluang's market data as of Oct 10, 2026 21:02 WIB. Among 50 major cryptocurrencies priced on Pluang, 38 rose and 10 fell today. Notable movers include ENJ (Enjin Coin) at Rp574 with a 1-day change of +4.83%, SNX (Synthetix) at Rp4.343 with +4.70%, and SUSHI (SushiSwap) at Rp4.215 with +4.12%. The highest sell activity was seen on ENJ with 95% sell orders, while SUSHI had the highest buy activity at 64%.

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