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Bitcoin falls 4.1% in October, outperforming major altcoins amid shifting portfolio weights and tax considerations.

29 Oct 2026, 09:21 WIB
CryptoTicker
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Bearish
Bitcoin falls 4.1% in October, outperforming major altcoins amid shifting portfolio weights and tax considerations.

Bitcoin's price dropped 4.1% in October to $80,159, while major altcoins like Cardano and Dogecoin fell between 13% and 19%. This divergence has shifted portfolio allocations, increasing Bitcoin's share from 50% to over 53% without trades. Investors face tax implications when rebalancing due to Germany's one-year holding rule and a €1,000 exemption threshold. The US Fed kept interest rates steady, impacting Bitcoin's appeal compared to non-yielding assets. Losses on altcoins can be offset against gains if realized by year-end, adding a strategic layer for portfolio adjustments before 2027.

Bitcoin trades at Rp1.459.997.134 on Pluang, down 0.53% in the last day, showing modest short-term movement compared to its October drop. Cardano and Dogecoin are also down, with ADA at Rp3.617 (-3.55%) and DOGE at Rp1.424 (-1.79%), reflecting continued pressure on altcoins. This data is current as of Oct 29, 2026, 13:31 WIB.

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