Bitcoin closed at $81,524 on Oct. 16 as Polymarket's Federal Reserve decision market showed a 14% chance of a quarter-point rate hike at the Fed's upcoming Oct. 27-28 meeting. This sentiment follows September inflation data showing a 0.6% monthly rise in the Consumer Price Index and a 1.3% increase in the producer price index, the largest monthly gain since March 2022. The Fed last raised rates by 25 basis points in September to a 3.75%-4.00% range. Investors are closely watching inflation trends ahead of the Fed's next policy decision.
Polymarket's pricing of a 14% chance for an October Fed rate hike provides context for cryptocurrency market activity on Pluang as of Oct 17, 2026 09:21 WIB. Among 50 major cryptocurrencies, only 13 rose while 36 fell. Notably, BAL (Balancer) gained 11.14% to Rp16.297, contrasting with sharp declines in SXP (Solar) at -46.27% to Rp37 and ZIL (Zilliqa) at -28.41% to Rp43, despite ZIL's 100% buy order activity and longer typical hold time of 133 days compared to BAL's 85 days and SXP's 94 days.
From January to September 2023, Optimism's OP Stack accounted for a transaction-weighted average of 66.8% of Ethereum Layer 2 and Layer 3 transactions, peaking at 76% in June. These chains processed an average of 908 million transactions monthly, wit...
Shiba Inu (SHIB) saw its market capitalization rise back above $3 billion on October 16, reaching $3.02 billion after briefly falling below that threshold. The token closed at $0.00000508, trading within a narrow range during the day. Despite this re...
Pi Network's token (PI) closed at $0.08066 on October 16, marking a recovery from its October 14 close below $0.08. Despite this rebound, the token remains below its October 11 close of $0.08334 and well under its September 9 high of $0.09977. Tradin...
Worldcoin (WLD) experienced a 4.06% price drop to $0.5129 within one hour on October 16, despite maintaining a 2.54% gain over the past 24 hours. This hourly decline coincided with $170,000 in long liquidations and $10,000 in short liquidations acros...
Kahn Swick & Foti, LLC has launched an investigation into Navan, Inc. following allegations that the company failed to disclose rising sales and marketing expenses during its October 2025 IPO. Navan had reported strong revenue and booking growth, but...
