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Altcoins lose $50B as Ethereum and XRP drop; potential buying chance if macro outlook improves.

Market News
08 Oct 2026
AMBCrypto
View Source
Neutral
Altcoins lose $50B as Ethereum and XRP drop; potential buying chance if macro outlook improves.

The altcoin market has lost $50 billion in three days amid Bitcoin's decline, pulling down Ethereum and XRP. Ethereum fell over 6% below $2,620, nearing key support levels, while XRP dropped 7.3% to $1.38. The market sentiment has shifted from greed to neutral, signaling a possible reversal depending on upcoming US inflation data and Federal Reserve decisions. If bearish pressure continues, Ethereum could test $2,100 and XRP might dip below $1.30, offering potential discounted entry points for investors.

Ethereum's market cap stands at Rp5.548,02 trillion with a 1-day price decline of 1.37%, while XRP's market cap is Rp1.582,55 trillion and its price is down 3.00% as of Oct 08, 2026 18:43 WIB on Pluang. Despite recent sharper drops noted in the article, Pluang data shows more moderate declines and strong buy interest, with 68% of Ethereum and 84% of XRP orders favoring buying. Typical hold times are 107 days for Ethereum and 71 days for XRP, indicating a medium-term investor base.

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