Trader Rex declared the cryptocurrency industry finished, sparking debate among market participants who offered contrasting views. Some see crypto as still in early stages or evolving into blockchain-based financial infrastructure, while others criticize it for failing to deliver on promises. Bitcoin is trading near $80,000 amid weakening retail interest, as shown by declining Google search trends. Despite market doubts, institutional blockchain projects and stablecoin developments continue, indicating ongoing innovation beyond price fluctuations.
The story about crypto's uncertain future provides context for Pluang's market snapshot as of Oct 27, 2026 19:21 WIB. Among 50 major cryptocurrencies priced on Pluang, 15 rose and 34 fell today. Notable movers include ATOM at Rp29.256 with a 1-day change of -2.41%, AVAX at Rp158.007 down 2.37%, and FTM at Rp11.382 down 2.05%.
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