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Altcoins struggle as Bitcoin dominance stays high ahead of key Fed decision.

Market News
26 Oct 2026, 20:14 WIB
Crypto Daily
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Neutral
Altcoins struggle as Bitcoin dominance stays high ahead of key Fed decision.

Altcoins like Solana, XRP, and Cardano are showing weak performance with Bitcoin dominance remaining above 60%, indicating capital concentration in Bitcoin and select institutional favorites. The Altcoin Season Index is low, suggesting no broad altcoin rally yet. Institutional interest remains focused on a few assets like Solana, supported by ETFs, while traditional finance expands exposure to major altcoins through indices. The upcoming Federal Reserve meeting could influence crypto markets, with a hawkish stance potentially pressuring altcoins more than Bitcoin. A true altcoin season would require a drop in Bitcoin dominance, a rise in the Altcoin Season Index, broader market gains, and sustained institutional flows, none of which are confirmed yet.

As of Oct 27, 2026 00:31 WIB, Solana trades at Rp1.829.781 with a slight 0.55% decline, while XRP is down 0.74% at Rp23.399 on Pluang. Cardano and BNB show modest gains, with ADA up 0.05% at Rp3.727 and BNB rising 0.36% to Rp13.456.796. Despite the mixed price moves, Pluang order activity shows strong buying interest for XRP (82%) and ADA (84%), contrasting with BNB's majority sell orders (68%).

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