On 8 October 2026, the crypto market plunged with Bitcoin dropping 2.9% to $80,986, and altcoins like Ethereum and XRP falling even harder. The crash was driven by three main factors: the Federal Reserve signaling potential further rate hikes, a rapid $546 million liquidation of leveraged long positions, and significant outflows from institutional Bitcoin ETFs combined with large BTC transfers by US government-linked wallets. This combination triggered a broad selloff, especially impacting altcoins more severely due to thinner order books and higher retail leverage. Investors now watch upcoming US inflation data and Fed meetings for market direction.
Bitcoin trades at Rp1.453.117.161 on Pluang, down 2.67% as of Oct 08, 2026 23:13 WIB. Ethereum and XRP also fell sharply, with prices at Rp43.510.137 and Rp24.185, down 5.30% and 5.74% respectively. Pluang users show a buying bias, with 63% buy orders for BTC and 68% for ETH, despite the recent market drop.
Galaxy Research identified 100 bitcoins mined in July 2010 that remained untouched for over 16 years before moving on Oct 7, 2026. These coins, originally mined when Bitcoin had almost no value, have gained approximately 108.69 million percent in val...
The U.S. government transferred 12,267 BTC worth about $1.01 billion from a Bitfinex hack seizure wallet to new, unlabeled wallets, with no signs of sale as no exchange deposits were made. This move appears to be wallet reshuffling rather than sellin...
The US Federal Reserve's September meeting minutes revealed most members support a further interest rate increase by year-end, despite mixed market expectations. Bitcoin's price hovered around $82,439, reflecting cautious market reactions rather than...
Bitcoin's price is currently testing a key support level within a tilted bull flag pattern, suggesting a possible bounce back towards previous highs. While the price has shown three touches on the lower channel line, indicating a valid bull flag, the...
Bhutan's fully digital DK Bank has received preliminary regulatory approval to establish a financial services presence in Abu Dhabi, UAE. This move is part of Bhutan's strategy to connect its Gelephu Mindfulness City with global financial markets, ai...
