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Bitcoin, Ethereum, XRP, Dogecoin Dip Ahead of Fed Minutes: Analyst Says $100,000 Could 'Come Back Into Focus'

Leading cryptocurrencies failed to break out on Tuesday as investors curtailed risk appetite ahead of the release of the Federal Reserve’s September meeting minutes. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:24 p.m. EDT) Bitcoin (CRYPTO: BTC) -0.60% $85,344.96 Ethereum (CRYPTO: ETH) -1.00% $2,688.06 XRP (CRYPTO: XRP) -0.90% $1.49 Solana (CRYPTO: SOL) -0.60% $120.14 Dogecoin (CRYPTO: DOGE) -1.70% $0.09359 Crypto Market Rally Stalls Bitcoin consolidated between $85,000 and $86,000, while Ethereum meandered between the high $2,600s and early $2,700s. The market has cooled after rallying sharply on Sunday. Cryptocurrency-related stocks inched lower, with Coinbase Global Inc. (NASDAQ: COIN ) and Bitmine Immersion Technologies Inc. (NYSE: BMNR ) closing down 1.32% and 2.20%, respectively. In the past 24 hours, 59,852 traders were liquidated, totaling $142.50 million in liquidations across long and short bets, according to Coinglass data. Bitcoin’s open interest rose 0.42% over the last 24 hours. The majority of top trading accounts on Binance—the top 20% of users with the highest margin balance— remained long on BTC. Despite the relative stagnation, "Greed" sentiment prevaile

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02:13:14 AM UTC
SquawkNews
Bitcoin dropped nearly $2,000 in about 20 minutes, and roughly $400 million in leveraged long bets went up in smoke along the way.On October 6, 2026, Bitcoin slid more than 5% intraday. It fell from approximately $71,765 to $67,895, its lowest point since April of this year.According to Coinglass d…

Leading cryptocurrencies failed to break out on Tuesday as investors curtailed risk appetite ahead of the release of the Federal Reserve’s September meeting minutes. m. 09359 Crypto Market Rally Stalls Bitcoin consolidated between $85,000 and $86,000, while Ethereum meandered between the high $2,600s and early $2,700s. The market has cooled after rallying sharply on Sunday.

Cryptocurrency-related stocks inched lower, with Coinbase Global Inc. (NASDAQ: COIN ) and Bitmine Immersion Technologies Inc. 20%, respectively. 50 million in liquidations across long and short bets, according to Coinglass data.

42% over the last 24 hours. The majority of top trading accounts on Binance—the top 20% of users with the highest margin balance— remained long on BTC. Despite the relative stagnation, "Greed" sentiment prevailed in the market, according to the Crypto Fear & Greed Index. m.

781 Read Also: Ripple, Circle, Standard Chartered Back Crypto Exchange OKX at $25B Valuation Stocks Close at Record Highs The stock market extended its gains on Tuesday. 28. 79. Traders are looking to Wednesday’s release of the Federal Reserve’s September meeting minutes for clues on the direction of interest rate policy.

9% a week before. Bitcoin Poised toward $100,000? Ali Martinez, a widely followed cryptocurrency analyst and trader, said that Bitcoin is building a significant support zone at $83,300—$84,600, with $86,700 as the breakout point. “If buyers defend support and clear the top of the range, $100,000 could come back into focus,” Martinez added.

BITCOIN: ANOTHER ATTEMPT AT $100,000? 1/5 🧵👇 — Ali Charts (@alicharts) October 6, 2026 On-chain analytics firm Santiment highlighted Bitcoin recording its largest single-day exodus from exchanges in seven months. 50% of the total BTC supply. “Outflows alone guarantee nothing, but falling exchange supply strengthens the bullish setup,” Santiment stated.

” 🚨 BTC Exchange Supply Shrinks as 7-Month High Net of 24K Coins Leave Exchanges 🏦 Bitcoin just recorded its largest net exchange outflow in seven months. On Monday, 24,073 BTC left exchanges on net, the biggest single-day exodus since March 1st. com/SknzMfKVZ9 — Santiment Intelligence (@SantimentData) October 6, 2026 Read Also: Bitcoin Hit Highest Weekly Close in 35 Weeks: Is $100,000 Next? com