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.
Michael Saylor has rejected claims that Bitcoin derivatives like Strategy's digital credit products limit Bitcoin's price potential, including the $1 million target per coin. He argues these products increase capital inflow to Bitcoin without changin...
Bitcoin buyers have been steadily accumulating coins between $81,000 and $82,000 since late September 2026, while sell orders above $83,300 have become scarce. Large investors, or whales, have added over 14,335 BTC since October 1, signaling confiden...
Bitcoin briefly rose above $83,000 on Binance spot trading, reaching $83,132 on October 7. This marks a slight increase from $82,914 just 15 minutes earlier, with a 0.05% gain from the previous hour. The rise occurred without any confirmed market cat...
GSR increased Bitcoin's allocation in its Core3 model portfolio to 40.9%, up 12.3%, following a recent market decline affecting Bitcoin, Ether, and Solana. Ether's share dropped to 28.7% and Solana's to 30.4%, reflecting their larger losses and highe...
The 10-year U.S. Treasury yield briefly rose to 5.35% on October 7, marking its highest level since 2002, while the 30-year yield reached a 24-year high of 5.724%. This increase in yields has pushed long-term borrowing costs higher across markets. Co...
