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Monero breaks $635 amid Bitcoin near $80K support and Hyperliquid tests key floor

Market News
23 Oct 2026
The Currency Analytics
View Source
Neutral
Monero breaks $635 amid Bitcoin near $80K support and Hyperliquid tests key floor

Monero (XMR) surged past its September peak, briefly touching $656 before settling near $629, signaling strong buying pressure despite Bitcoin's fragile hold near the $80,000 support level. Bitcoin dropped from $84,294 to $81,483, hovering just above its critical $80,000 floor, with weaker rallies suggesting cautious market sentiment. Hyperliquid (HYPE) faces a crucial test at $77.60, with a third attempt at this support level potentially leading to a deeper decline if broken. The market shows selective risk-taking, with Monero's breakout needing a daily close above $635 to confirm sustained momentum, while Bitcoin and Hyperliquid remain at key technical junctures.

Monero is trading at Rp1.934.530 on Pluang, up 2.41% in the last day, showing continued interest despite Bitcoin's slight decline. Bitcoin is priced at Rp1.474.269.701 with a 1.17% drop, and sell orders dominate at 70% as of Oct 23, 2026 12:21 WIB.

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