The crypto market cap fell 3.8%, losing about $115.5 billion in value, with Bitcoin down 4.3%, Ethereum 5.8%, XRP 6.3%, and Solana 4.9% over 24 hours. This decline is attributed to a leverage flush as traders closed long positions ahead of Federal Reserve meeting minutes and potential rate hikes. Additional selling pressure came from geopolitical tensions affecting oil prices and rising U.S. Treasury yields. Market watchers are now focused on upcoming inflation data and whether Bitcoin can hold its mid-$80,000 level to gauge if selling will continue.
As of Oct 07, 2026 22:51 WIB, Bitcoin trades at Rp1.492.396.679 with a 1-day change of -3.16% on Pluang. Ethereum shows a sharper decline of -5.35%, priced at Rp45.853.580. XRP and Solana also fall, with XRP down 5.41% and Solana down 3.35%, reflecting ongoing selling pressure among Pluang users.
A trader known as Killa is maintaining a long Bitcoin position opened at $76,400 and will only exit if Bitcoin hits his target price or the stop loss is triggered. He emphasizes patience and sticking to his trading plan without panic, despite sideway...
On October 27, Bitway (BTW) surged 34.97% to $1.54, topping the 24-hour performance among the 90 largest cryptocurrencies excluding stablecoins. Despite this gain, the broader market saw more declines than advances, with 55 cryptocurrencies falling a...
China's AI-focused STAR50 index dropped 4.81%, continuing a 40% decline since July, wiping out about $480 billion in value. While this selloff hasn't directly affected Bitcoin due to China's crypto bans, concerns about US tech earnings and AI spendin...
XRP commentator Tony Edward criticized extreme price predictions of $10,000, $25,000, and $50,000 per token, arguing they overlook market capitalization and the likelihood that institutions will use multiple blockchain networks, not just XRP. Speakin...
On October 27, Bitcoin was recorded at $79,996.30, slightly below the $80,000 mark, showing a minor daily decline of 0.54%. This follows a larger drop on October 24, when Bitcoin fell 2.07% and also traded below $80,000. The October 27 figure is a sn...
