Wintermute reports that the cryptocurrency bull cycle is still in its early stages, despite recent pauses in top altcoins like NEAR, XRP, and ARB. Bitcoin remains strong, holding key support levels and showing potential for further gains, though influenced by traditional market conditions such as rising U.S. Treasury yields. The current lull in major altcoins is seen as healthy consolidation, while caution is advised against investing in low-quality tokens that are surging. The market is expected to gain clarity and potentially new highs after the U.S. midterm elections in November 2026.
Bitcoin leads with a market cap of Rp30.925,57 trillion and a steady 1-day gain of 0.60% as of Oct 06, 2026 22:43 WIB on Pluang. XRP and NEAR show positive momentum too, with XRP up 0.96% and NEAR rising 3.19% in the same period. Despite some consolidation in altcoins like ARB, which is down 0.30%, Bitcoin and key altcoins maintain active trading volumes and investor interest on Pluang, reflecting ongoing market engagement ahead of the U.S. midterm elections in November 2026.
Bitcoin's price is trading near $86,256, approaching a strong resistance zone between $87,000 and $87,374. The technical outlook remains bullish with 13 moving averages supporting the uptrend, but some short-term caution arises from neutral oscillato...
Binance has experienced the largest Bitcoin outflows in three years, with around 40,000 BTC worth $3.3 billion withdrawn over two weeks. This surge in withdrawals is driven by large holders (whales) accumulating Bitcoin off the exchange despite price...
Strategy reported a $20.91 billion gain on its bitcoin holdings in Q3 2026, surpassing Meta's $19 billion quarterly operating income. However, losses of $14.46 billion and $8.32 billion in Q1 and Q2 leave the company about $1.87 billion underwater on...
The MOVE index, which measures bond market volatility, has surged recently, indicating rising uncertainty in U.S. Treasury yields. This increase often precedes volatility in stocks and bitcoin, which remain calm for now. Higher bond volatility can ti...
Bernstein research forecasts Bitcoin to reach $125,000 by the end of 2026 and $150,000 by mid-2027, driven by growing institutional ownership and increased ETF demand. Despite Bitcoin currently trading about one-third below its October 2025 peak, rec...
