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Bitcoin weakens below $80K despite Ripple's bank approval failing to boost XRP.

Market News
27 Oct 2026, 15:00 WIB
Coindesk
View Source
Bearish
Bitcoin weakens below $80K despite Ripple's bank approval failing to boost XRP.

Bitcoin is showing signs of weakness, trading below $80,000 and its 50-day average, indicating a potential downtrend. Analysts warn that breaking the $80,000 support could lead to further declines to $75,000 or lower. Meanwhile, Ripple received approval to operate a U.S. national trust bank, but this did not lift XRP's price, which slightly declined. Market watchers note that positive headlines do not always translate into price gains, urging caution ahead of upcoming Federal Reserve and election events.

As of Oct 27, 2026 19:21 WIB, Bitcoin trades at Rp1.448.448.934 on Pluang, showing a slight 0.17% decline over the past day with a high sell order activity of 73%. Meanwhile, XRP is priced at Rp23.594, up 1.01% with most orders also on the sell side at 84%. Typical hold times differ, with Bitcoin investors holding for about 112 days and XRP investors for 72 days, highlighting differing investor behaviors.

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