Bitcoin briefly fell below $80,000 following hotter-than-expected U.S. inflation data but quickly recovered to trade above $82,000, maintaining a market cap near $1.65 trillion. The volatility wiped out over $777 million in long crypto positions, reflecting investor uncertainty about potential Federal Reserve rate hikes. Analysts warn that if inflation persists and Treasury yields rise, crypto markets could face continued pressure. The next key factor will be whether Bitcoin can sustain gains if rate hike fears ease.
While Bitcoin's price on Pluang stands at Rp1.475.928.698 as of Oct 16, 2026 00:22 WIB, showing a modest 0.47% gain over the past day, its market cap reaches Rp29.548,04 trillion. This contrasts with the article's mention of Bitcoin trading above $82,000 after a brief dip below $80,000. On Pluang, investor sentiment leans more towards buying, with 62% of order activity favoring purchases and a typical hold time of 111 days, suggesting a relatively steady interest despite recent volatility.
The cryptocurrency market experienced $932 million in forced liquidations overnight, the largest since August, with XRP, DOGE, and NEAR among the hardest hit. Most losses (84.3%) were from long positions, especially in Ethereum and Bitcoin. Despite t...
Bitcoin's price recovery faces challenges as recent buyers need prices near $88,000 to break even, while those holding for 1-2 years require nearly $99,500. U.S. spot Bitcoin ETFs have seen $760 million in outflows since early October, reversing stro...
US Producer Price Index (PPI) rose 1.3% in September, marking the largest monthly increase since March 2022, driven mainly by a 10.8% surge in energy prices, especially gasoline and diesel. Despite this inflation spike, Bitcoin remained stable near $...
Michael Nadeau predicts Bitcoin will trade in a range of $80,000 to $95,000 for several months, signaling a consolidation phase rather than an immediate breakout. He assigns a 90% probability that the market has entered an early bullish phase, with t...
In October 2026, global Google search interest for Bitcoin and BTCUSD dropped to multi-year lows, reflecting waning retail investor attention during a prolonged market correction. Bitcoin's price cooled from its $126,080 peak in October 2025 to aroun...
