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Ethereum falls 15.4% in October, underperforming Bitcoin's 5.6% drop with increased selling pressure.

Market News
02 Nov 2026, 18:20 WIB
CryptoTicker
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Bearish
Ethereum falls 15.4% in October, underperforming Bitcoin's 5.6% drop with increased selling pressure.

In October 2026, Ethereum's price dropped 15.4% from $2,684 to around $2,272, significantly underperforming Bitcoin's 5.6% decline. The ETH/BTC ratio fell to 0.0288, its lowest since July, indicating Ethereum lost value not just against the dollar but also relative to Bitcoin. Trading volume surged by 70%, signaling heavy selling activity. Key support levels for Ethereum are near $2,243, while resistance lies at $2,373 and the 50-day average of $2,530. Investors should watch the ETH/BTC ratio for signs of recovery or further decline, considering staking yields and tax implications of swapping assets.

Following Ethereum's sharp October slide, on Pluang as of Nov 02, 2026 23:31 WIB, ETH trades at Rp41.079.715 with a slight 1-day decline of 0.23%. Bitcoin, meanwhile, is priced at Rp1.401.403.816, down 1.10% over the same period. Ethereum's market cap stands at Rp5.054,12 trillion, with active trading showing a nearly balanced order activity of 48% sell and 52% buy, reflecting ongoing investor interest despite recent volatility.

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