Altcoins outperformed Bitcoin, with Celestia rising 16%, Injective up 7.7%, and LayerZero gaining 7.3%, while Bitcoin remained stable around $82,100. The Federal Reserve Chair Kevin Warsh gave no clear indication on upcoming interest rate decisions, causing the odds of an October rate hike to drop to about 15%. Trading volumes in crypto futures cooled, and derivatives data suggest traders are closing short positions rather than opening new longs. The market shows a bullish tilt without signs of overheating, supported by steady funding rates and declining volatility. Celestia's rally is linked to technical upgrades and economic proposals, while Injective benefits from pending U.S. ETF applications. Overall, altcoins lead gains amid cautious sentiment on Fed policy.
As of Oct 16, 2026 18:02 WIB, Celestia (TIA) and Injective (INJ) show notably stronger daily gains on Pluang compared to Bitcoin (BTC), with TIA up 29.12% and INJ up 29.43%, while BTC rises a modest 1.80%. Despite their smaller market caps—Rp11.22T for TIA and Rp16.49T for INJ versus Rp29.714,36T for BTC—these altcoins exhibit higher volatility and shorter typical hold times, 50 and 38 days respectively, compared to BTC's 111 days. This contrast highlights the altcoins' more dynamic trading activity amid a stable Bitcoin price around Rp1.474.203.670.
Celestia's TIA token surged 10.04% within one hour to $0.579282, showing strong short-term volatility despite a 1.96% decline over the past 24 hours. The token traded between $0.506365 and $0.605903 during the day, with a 24-hour trading volume of ov...
Celestia's TIA token surged 23% to $0.633, reaching its highest level in 2026, driven by increased trading volume and open interest. The rally coincided with Celestia Fibre hitting 3.07 terabits per second and the introduction of the Sustainable Blob...
Celestia (TIA) has surged 23% in the last 24 hours and is up 62% over the past month, reaching its highest price in 2026 at $0.633. This rally follows key technological upgrades, including Celestia Fibre achieving a throughput of 3.07 Tb/s, capable o...
