Bitcoin dominance has surged to 60.05%, a one-month high, as a major crypto market selloff severely impacts altcoins like Ethereum, XRP, Solana, and Dogecoin. Bitcoin itself fell about 3.3% but outperformed other cryptocurrencies during the recent crash. The market downturn, causing nearly $900 million in liquidations, is linked to rising oil prices amid Middle East tensions and weakening institutional interest. This shift suggests increased risk for altcoins while Bitcoin remains relatively stronger in the current volatile environment.
As of Oct 09, 2026 02:21 WIB, Bitcoin trades at Rp1.457.800.376 with a 1-day loss of 2.26%, showing more resilience compared to altcoins like Ethereum and Solana, which fell 4.16% and 6.16% respectively on Pluang. Bitcoin's market cap of Rp29.066,89T vastly exceeds Ethereum's Rp5.330,73T, reflecting its dominant position despite recent volatility. This contrast aligns with Bitcoin dominance reaching a one-month high of 60.05%, highlighting its relative strength amid broader crypto declines.
NEAR Protocol (NEAR) saw the steepest drop among major cryptocurrencies, falling 15.58% to $4.58 amid widespread market losses over 24 hours ending Oct. 8. Out of the top 90 cryptocurrencies by market cap, 67 declined while 23 advanced. Other notable...
Bitcoin historically performs well in October, with only three negative Octobers since 2013. Recent data shows a 40% increase in stablecoin inflows to Binance, totaling around $40 billion, indicating large holders preparing for market moves. Institut...
Bitcoin's share of the cryptocurrency market rose to nearly 60% on October 8 as major altcoins like Ether, XRP, Solana, Dogecoin, and Zcash dropped more sharply. Bitcoin traded near $81,100 despite a 2.8% decline, while altcoins fell between 5.5% and...
An analysis by Bitfinex reveals that Bitcoin short positions could face forced buybacks if the price climbs back above $86,500, potentially adding upward pressure on the market. The largest estimated liquidation cluster for Bitcoin is near $92,000, w...
Dogecoin (DOGE) fell 6.11% to $0.083 following a broader cryptocurrency market selloff that pushed Bitcoin below $84,000. This decline led to $688.8 million in liquidations, mostly from long positions. Technical analysts note DOGE is near critical su...
