Market analyst Murphy highlights a narrowing pattern in Bitcoin's on-chain indicator, signaling a potential cyclical recovery. His model shows the current bear market phase has lasted about 11 months, similar to previous cycles. The indicator tracks realized profit and loss momentum, with shallower red troughs indicating reduced panic selling. While the pattern supports recovery, Murphy warns that macroeconomic uncertainties and volatility could still impact Bitcoin's trajectory.
Bitcoin trades at Rp1.353.733.107 on Pluang as of Nov 09, 2026 22:12 WIB, down 1.56% in the last day. The market cap stands at Rp27.032,46 trillion with a 24-hour volume of Rp511,77 trillion. Pluang users show 63% buy activity and hold Bitcoin for an average of 113 days, reflecting steady interest despite recent volatility.
Bitcoin and Ethereum experienced significant liquidations worth $297.17 million and $491.97 million respectively, with prices dropping 3.20% and 7.90% in hours. The sell-off was driven by the $6.3 billion Binance hack, Mercado Bitcoin security issues...
Between November 2 and 8, Strategy sold 2.05 million MSTR shares, raising $283.8 million. It allocated $188.3 million to repurchase preferred shares (STRC), which was more than double the $81.9 million spent on buying 1,036 Bitcoin at an average pric...
On November 8, Dogecoin (DOGE) was the only one among five major cryptocurrencies to see an increase in open interest for perpetual futures, rising 0.47% to $180.5 million. XRP posted the highest funding rate at 0.0085% every eight hours, equivalent ...
Recent data shows Ethereum (ETH) experienced the largest outflows among major cryptocurrencies at $114.82 million, significantly surpassing Bitcoin's (BTC) outflows of $13.90 million. Meanwhile, BTC led inflows with $95.20 million, followed by ETH wi...
Ethereum fell 5.3% to around $2,119 on November 9, 2026, driven by $462 million in forced long liquidations and $365 million in outflows from US spot ether ETFs. The ETH/BTC ratio hit its lowest since mid-July, signaling ether's relative weakness aga...
