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Crypto
Source: Newsmaker.id
The cryptocurrency market came under pressure again during trading on Friday (October 23, 2026), as a sell-off in risk assets intensified—driven by weakness in U.S. technology stocks and a surge in global oil prices. Bitcoin (BTC) fell to the US$81,000 range after failing to sustain its upward momentum toward US$85,000. Ethereum (ETH) also weakened, trading around US$2,388, while XRP corrected to US$1.30.
Negative sentiment has been fueled by concerns regarding the scale of investments in artificial intelligence (AI), rising inflation risks stemming from tensions in the Middle East, and uncertainty surrounding the Federal Reserve’s interest rate policy. Outflows from Bitcoin ETFs have further amplified selling pressure, leaving investors increasingly cautious ahead of the Federal Reserve’s upcoming meeting on October 27–28.
Conclusion
The crypto market continues to face short-term bearish pressure as investor appetite for risk assets wanes. Rising oil prices and concerns over high interest rates may limit any potential recovery for Bitcoin.
If the selling pressure persists, Bitcoin risks retesting the psychological support level of US$80,000. Conversely, a cooling of negative sentiment on Wall Street—along with clearer policy signals—could shift the outlook. (yds)
Source: Newsmaker.id