🚨 BTC drops below 80,000 USD! WLD plummets 5.19%, ENA rises against the trend by 6.43%, what signal is the crypto market sending?

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5 hours ago

🚨 BTC Drops Below $80,000! WLD Crashes 5.19%, ENA Rises Against the Trend by 6.43%, What Signals is the Crypto Market Releasing?

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The cryptocurrency market is under pressure again! On October 26, Bitcoin (BTC) fell below the $80,000 mark, with Ethereum (ETH), Ripple (XRP), and other major coins also declining simultaneously. Meanwhile, Worldcoin (WLD) dropped more than 5%, and some altcoins showed significant pullbacks.

However, not everything is falling in the market. Ethena (ENA) rose 6.43%, becoming the best-performing coin among the top 100 cryptocurrencies by market capitalization, while XDC Network (XDC) fell 5.80%, making it one of the largest decliners.

According to CoinMarketCap data, as of 10:00 AM KST on October 26, 2026, BTC was priced at $79,957.73, down 0.94% in 24 hours; ETH was at $2,318.47, down 1.56%; XRP was priced at $1.29, down 0.84%.

The fall of BTC below $80,000 indicates that the market sentiment remains weak in the short term. However, while mainstream coins generally decline, individual tokens like ENA are still gaining strength, indicating that the performance among different assets is increasingly diverging.

Next, can Bitcoin regain the $80,000 level? Will ENA’s rise against the trend be sustainable? What market signals should investors pay attention to?

BTC Drops Below $80,000, Major Coins Generally Weaken

From the performance of major cryptocurrencies, the market on October 26 showed an overall downward trend, but the extent of decline varied among different coins.

Cryptocurrency

Latest Price

24-Hour Change

BTC

$79,957.73

-0.94%

ETH

$2,318.47

-1.56%

XRP

$1.29

-0.84%

SOL

$101.17

-1.07%

DOGE

$0.0768

-1.24%

AVAX

$8.90

-0.83%

TRX

$0.3299

+0.30%

WLFI

$0.05294

-0.25%

WLD

$0.4454

-5.19%

BTC has fallen to $79,957.73, breaking below the important psychological threshold of $80,000. Although the 24-hour rate of decline is 0.94%, the breach of this threshold is still noteworthy, as market participants often use such levels as important references for observing short-term strength and weakness.

ETH decreased by 1.56%, performing worse than BTC; XRP dropped by 0.84%, SOL fell by 1.07%, and DOGE decreased by 1.24%. Overall, major assets are generally under pressure, but there has not been a universally consistent drop.

TRX, on the contrary, rose 0.30%, becoming one of the few major cryptocurrencies in this data set to show a gain.

It should be noted that BTC dropping below $80,000 does not necessarily mean that the market will continue to decline. What is more important moving forward is to observe whether the price can reclaim this position, and whether there is volume and buying power supporting the recovery.

If BTC can quickly regain the $80,000 level, the current breakdown may merely be a short-term fluctuation; if the price continues to operate below this threshold, caution is needed regarding the potential for further weakening market confidence.

ENA Rises 6.43%, Becoming the Leader Among the Top 100 Coins

Amid the overall market weakness, Ethena (ENA) stands out with relatively strong performance.

Data shows that ENA has the largest increase among cryptocurrencies ranked in the top 100 by market capitalization, rising 6.43% in 24 hours. In contrast to the declines of BTC, ETH, and other major assets, ENA's rise against the trend has become a focal point of market attention.

However, a single-day increase does not directly prove that ENA has entered a sustained upward trend, nor can it be used to determine that funds are flowing massively into the project.

For short-term traders, three main aspects regarding ENA deserve observation moving forward:

  • Can the price maintain its strength: Whether it can stabilize around key price levels after the rise instead of quickly giving back gains.

  • Is there sustained volume: If price rises along with improving trading activity, the sustainability of the trend warrants further study.

  • Are there clear catalytic factors: Project progress, market demand, and other relevant news should be further verified.

In a generally weak market, individual tokens may produce independent trends, but a rise against the trend may also come with higher volatility. If the price has already increased significantly in a short time, blindly chasing after it may face substantial pullback risks.

Therefore, ENA's performance warrants close attention, but investors still need to wait for subsequent market data to confirm whether its strength can continue.

WLD Declines 5.19%, XDC Drops 5.80%

In contrast to ENA's strong performance, Worldcoin (WLD) and XDC Network (XDC) have shown notable pullbacks.

WLD fell by 5.19%, priced at $0.4454, making it one of the larger decliners among major cryptocurrencies this time. XDC Network dropped 5.80%, becoming the largest decliner among the top 100 coins by market capitalization.

This reflects that not all assets in the current market are moving closely with BTC's fluctuations; some altcoins are exhibiting significantly weaker price performance.

However, price changes alone cannot determine the specific reasons for the decline of these tokens. Fundamental project factors, market liquidity, trading positions, and investor sentiment can all impact short-term performance, but more information is needed to make the judgment.

For investors, one of the most common misconceptions during market downturns is thinking that the larger the decline, the greater the rebound potential.

In reality, significant declines can occur both before a recovery from overselling and may also reflect ongoing selling pressure. Determining whether there are opportunities still requires observing price structure, volume, and the subsequent performance of capital, rather than solely focusing on the extent of decline.

QUAI Slightly Pulls Back, ALEO Rises 1.87%

Among other altcoins, Quai Network (QUAI) slightly decreased by 0.11%, priced at $0.007432; Aleo (ALEO) increased by 1.87%, priced at $0.03352.

The differing performance of the two further illustrates that the capital performance in the current market is not uniform.

While ALEO can gain amid an overall weak market, demonstrating relatively strong short-term performance, this does not necessarily mean that it has formed a steady upward trend. QUAI is close to stable, but its short-term direction still needs price movements to confirm.

For investors focused on altcoins, these performances can be used as a reference for observing market strength and weakness, but judgments about the long-term value of a project should not be based solely on one day's rise or fall.

Especially while BTC has not clearly stabilized, the short-term performance of altcoins may still be influenced by overall market sentiment.

Two New Tokens Added in 24 Hours, New Project Risks Cannot Be Ignored

According to CoinMarketCap data, two new cryptocurrencies have been added in the past 24 hours:

  • Uniswap v4 (UV4)

  • Hellhound (HELL)

The launch of new tokens increases the trading targets in the market but does not mean that the projects have been fully validated, nor does it indicate that the tokens have sufficient liquidity.

Investors should verify official project information, token contract addresses, trading platforms, and liquidity conditions before participating in new token trading, while also paying attention to potential token distribution and unlocking arrangements.

For tokens with a short trading history, prices can fluctuate significantly due to a small number of buy and sell orders. In an overall weak market, the risks brought by insufficient liquidity are particularly worthy of attention.

Do not make investment decisions based solely on the token's name, short-term price increase, or social media popularity.

What’s Next for BTC? Focus on Three Signals

After BTC dropped below $80,000, the next market direction still needs further confirmation. Instead of hastily judging whether the market will immediately rebound or continue to fall, it is better to focus on the following three signals.

Pay Attention to Whether the $80,000 Level Can Be Regained

$80,000 is a key psychological price level worth closely observing.

If BTC can regain the $80,000 level and the price stabilizes, it would indicate that the market still has some capacity to absorb buying. Conversely, if BTC continues to operate below this threshold, attention needs to be paid to whether selling pressure is further increasing.

However, this price point is not necessarily an effective support or resistance level; the actual movement still needs to be judged in conjunction with volume and the real-time market structure.

Observe Whether ETH and XRP Can Stabilize Together

ETH fell by 1.56%, and XRP decreased by 0.84%. If BTC rebounds in the future, whether ETH, XRP, and other major assets can improve simultaneously will help determine if the market repair has some breadth.

If only BTC briefly rebounds while other major coins continue to weaken, it indicates that overall market confidence may still be lacking.

Observe Whether Strong Altcoins like ENA Can Maintain Relative Strength

ENA rose by 6.43%, ALEO rose by 1.87%, while WLD and XDC saw significant declines.

Moving forward, it’s worth关注 whether strong coins can maintain relative advantages amid market fluctuations, and whether the increase is supported by volume and sustained buying interest.

If the market continues to diverge, investors need to further differentiate the short-term trends of individual tokens from the overall market trend, to avoid mistaking localized gains as signals of a widespread bull market.

Conclusion: BTC Losing the $80,000 Level, the Market is Still Searching for Direction

On October 26, the cryptocurrency market showed overall weakness, with BTC dropping 0.94% to $79,957.73, while major assets like ETH, XRP, and SOL declined together. Meanwhile, WLD fell 5.19%, and XDC dropped 5.80%, with some altcoins experiencing greater pressure.

However, the market is not entirely in decline. ENA rose against the trend by 6.43%, and ALEO also recorded a gain of 1.87%, showing that the strength differences between different tokens remain significant.

Moving forward, whether BTC can reclaim the $80,000 level will be one of the market's focal points. At the same time, whether strong coins like ENA can maintain their relative advantages is also worth continued observation.

Before the market direction becomes clear, investors should avoid making judgments based solely on psychological levels or single-day fluctuations, but should analyze price movements, volume, and overall market sentiment.

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