The crypto market declined recently due to three main factors: significant outflows from US Bitcoin and Ether spot ETFs, forced liquidation of $651 million in long futures positions, and Federal Reserve minutes indicating a likely further interest rate increase. Bitcoin fell 4.2% from $86,592 to around $83,000, while Ether and XRP dropped even more sharply. Despite the pullback, Bitcoin's weekly loss is minimal, showing market resilience. Investors should watch upcoming US consumer price data on October 14 and the Fed's rate decision on October 28, as these events could influence crypto prices further.
As of October 8, 2026, 10:41 WIB, Bitcoin on Pluang trades at Rp1.482.252.591, down 1.39% in the last day, showing a smaller decline compared to the article's noted 4.2% drop in USD terms. XRP has fallen more sharply on Pluang, down 3.07% to Rp25.374, aligning with the article's observation of a steeper drop for altcoins. Meanwhile, Binance Coin (BNB) bucks the trend with a 0.86% gain, trading at Rp13.780.091, highlighting varied performance across major cryptos on Pluang.
Bitcoin's price dropped below $83,000, last trading at $82,914.32, marking a 0.62% decline in 24 hours. This dip coincided with approximately $670 million worth of digital assets being transferred in transactions linked to the U.S. government over ab...
Bitcoin (BTC) fell 2.41% to trade below $83,000 as the cryptocurrency market experienced a broad decline. The real-world asset (RWA) sector saw the steepest losses, dropping 6.73%, with tokens like Sky (SKY) and Ondo Finance (ONDO) falling 9.85% and ...
Bitcoin experienced its largest net exchange outflow in seven months on October 5, with about 24,073 BTC leaving exchanges, indicating a move towards private wallets. Despite this, Bitcoin's price dropped from around $85,000 to $83,654, reflecting ca...
Bitcoin failed to hold above $85,000 on October 7, with large-cap altcoins dropping 3-5% amid rising US Treasury yields hitting 24-year highs. The 10-year yield reached 5.307% and the 30-year yield 5.688%, raising concerns ahead of key economic event...
Bitcoin fell back to around $83,300 after briefly surpassing $86,400, with the $81,300 level now critical as a support threshold. A sustained break below $81,300, combined with outflows from US bitcoin ETFs and loss-making sales by recent investors, ...
