The crypto market experienced a $342.25 million liquidation event in 24 hours, mainly affecting Bitcoin and XRP longs, following the Federal Reserve's decision to hold interest rates at 3.75–4%. Bitcoin dropped below $80,000 to $79,988, while XRP fell 2.79% to $1.287. Despite the sell-off, institutional investors are buying the dip, with notable investments in regulated crypto futures and tokenized assets. Market watchers expect continued volatility with key support levels around $79,080 for Bitcoin, as the Fed's cautious stance on inflation keeps pressure on risk assets.
Following the recent $342 million crypto liquidation event, Bitcoin and XRP continue to show modest declines on Pluang as of Oct 29, 2026 20:22 WIB. Bitcoin trades at Rp1.460.000.000 with a 1-day change of -0.56%, while XRP is priced at Rp23.541, down 1.59% over the same period. Despite the sell-off, Pluang users maintain a higher buy activity, with 74% buying Bitcoin and 56% buying XRP, holding their positions for an average of 112 and 72 days respectively.
Bitcoin's price recovery is losing momentum as its volatility decreases to around 25%, nearing the low levels seen in July 2023. Short-term holders' unrealized profits have shrunk from 20% to 5.5%, indicating reduced upward momentum and increased vul...
Open interest in perpetual futures for five major cryptocurrencies—Bitcoin, Ether, Solana, XRP, and Dogecoin—fell as of Oct. 29, with Dogecoin experiencing the largest drop of 2.37%. Despite the declines, long positions outnumbered short ones in all ...
Ethereum spot ETFs experienced withdrawals totaling $170.21 million over three days ending October 28, signaling declining institutional demand and putting downward pressure on Ethereum's price. Despite some relief from Fidelity's FETH ETF, BlackRock...
In the latest 24-hour market snapshot, Cardano (ADA) experienced the largest decline among major cryptocurrencies, dropping 4.06% to $0.1984. Bitcoin (BTC) fell by 1.72% to $79,978, while XRP and Solana also saw decreases of 3.02% and 2.31%, respecti...
A post on X from The Bitcoin Historian account attributed to Fidelity Investments suggests investors increasingly view Bitcoin as a safe-haven asset and hints at renewed upward momentum. It also referenced a previous post predicting Bitcoin could rea...
