Stock Market: On October 19, U.S. technology shares lifted the Nasdaq 1.11%, while the S&P 500 rose 0.41% and the Dow Jones Industrial Average fell 0.07%. Western Digital, SanDisk, and Micron Technology gained, while bank shares weakened. Hong Kong markets were closed for the Chung Yeung Festival; on the latest trading day, the Hang Seng Index rose 0.52% and southbound flows recorded HK$3.568 billion in net selling. South Korea’s KOSPI and KOSDAQ gained 1.76% and 1.78%, respectively, led by secondary-battery and biopharma shares, while semiconductor-equipment shares were relatively weak. The Korea Exchange held a briefing on reforms to the professional evaluation framework for special technology listings; the final plan has not yet taken effect.
Market Commentary: BTC down 0.96% over 24 hours but fluctuating above 81,000 USDT. Gate USDT perpetual-futures open interest rose by approximately $86.34 million, while the long/short account ratio was approximately 1.45. U.S. spot BTC ETFs recorded approximately $138.5 million in total net outflows on October 19. ETH declined 0.86%. Total crypto market capitalization was approximately $2.75 trillion, down 2.43%, and the Altcoin Season Index stood at 62, in Bitcoin Season.
Trending Tokens: BR, AIC, and XNY gained 42.02%, 32.59%, and 28.30%, respectively. BR unlocked 4.918981 million tokens on October 20, representing approximately 1.66% of its circulating supply. AIC stated that its token will receive a new CEX listing, with buyback and burn activities continuing through the end of October. XNY’s hourly RSI was 76.64, while its Gate USDT perpetual-futures open interest rose 107.06% over the past 24 hours.
Alpha Insights: Strategy acquired 267 BTC for approximately $22.1 million, raising its holdings to 848,517 BTC, and repurchased 1,938,780 STRC shares; the board also increased its Digital Credit securities repurchase authorization. BlackRock filed for the iShares Bitcoin Managed Protection ETF under the proposed ticker PBIT; the SEC has neither approved nor disapproved the product. SkyAI stated that it completed the sale of all SOL and launched a cash tender offer of up to approximately $201.3 million; the final tender amount, payment, and completion outcome have not been disclosed.
Discover more details today → Gate Research: U.S. Technology Shares Rebound, BTC Fluctuates Above 81,000 USDT
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Gate Team
October 20, 2026
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