Monetary Policy

From 21:15 to 21:30 UTC on October 17, 2026, ETH fell sharply by 1.22% over 15 minutes, trading in a range of 2394.63 to 2425.08 USDT, with an amplitude of 1.26%. The market showed a pattern of declining prices on low volume, with bulls clearly lacking confidence. The intraday low was 2394.11 USDT, and overall sentiment was cautious. The main drivers of this move were a resurgence in inflation expectations due to high oil prices at the macro level and mounting policy pressure on the Fed to maint

According to a recently released working paper from the Bank for International Settlements (BIS), bank deposits and stablecoins like USDC function as portfolio substitutes. The study reveals that a 1-basis-point increase in bank deposit rates can reduce stablecoin market cap growth by

Bank for International Settlements researchers found that a 0.01 percentage point increase in U.S. bank deposit rates correlates with slower stablecoin market growth, CoinDesk reported on October 17. Rashad Ahmed and Iñaki Aldasoro analyzed weekly data from January 2019 through June 2025. The

According to a working paper released by the Bank for International Settlements on October 17, higher deposit interest rates are associated with slower stablecoin market value growth. The study, based on U.S. weekly data from January 2019 to June 2025, found that a 1 basis

European Central Bank President Christine Lagarde stated on Saturday that the euro area's September inflation rate of 3.8% largely reflected high energy costs, which the ECB expects to ease next year. The statement, delivered at the IMF Annual Meetings, indicated that an energy shock is expected to

According to CoinShares, on October 17, global digital asset investment products saw net outflows of $434 million this week, as stronger-than-expected U.S. inflation and consumer data shifted market expectations toward a more hawkish Federal Reserve stance. U.S. September CPI rose 0.6% month-over-m

According to CoinShares on October 16, Bitcoin fell to $81,473, down 2% over seven days, after U.S. inflation data came in hotter than expected. The firm's Head of Research, James Butterfill, said Bitcoin's near-term setup is difficult but not fundamentally bearish, as the macro environment sits

Digital asset investment products recorded $434 million in net outflows in the week to October 16, according to CoinShares' weekly fund flows report. The drawdown accelerated after the Bureau of Labor Statistics reported September Consumer Price Index inflation at 3.7% year over year on October 14,

According to CoinShares, global digital asset investment products experienced net outflows of $434 million this week following the release of September CPI data. The U.S. CPI rose 0.6% month-over-month and 3.7% year-over-year, exceeding market expectations of 3.6%. Markets repriced Federal Reserve p

Sweden's Riksbank urged parliament to prepare e-krona legislation in a letter reported by Cointelegraph on October 16. The central bank recommended beginning legislative preparations for the e-krona, a central bank digital currency, citing the European Central Bank's digital euro project and the

Bitcoin (BTC) rebounded from its overnight low, trading at around $82,280 as of October 16. Jonathan Gould, the Comptroller of the Currency, disclosed that the final rules for implementing the GENIUS Act are expected to be released by the end of October. MSCI finalized new index rules, putting digital asset companies such as Strategy at risk of removal. Macroeconomic Events & Crypto Hotspots Crypto journalist Eleanor Terrett disclosed in a post that Jonathan Gould, Comptroller of the Currency at

Bitcoin (BTC) rebounded to $82,340 on October 16. U.S. Spot Bitcoin ETFs recorded approximately $681 million in net outflows last week, and overall fund flows remained negative this week. Block Scholes analyst Thahbib Rahman reported that Bitcoin’s 90-day correlation with stocks fell to approximately 40% from its February peak of 62%. Bitcoin ETFs Recorded $681 Million in Net Outflows Last Week According to market data cited by Investing.com, U.S. Spot Bitcoin ETFs recorded approximately $681 mi

According to Cointelegraph, Sweden's central bank (Riksbank) recommended on October 7 that parliament prepare legislation for a potential digital krona. The bank cited the European Central Bank's push toward a digital euro, with trials planned for 2027 and potential public launch by 2029,

According to Decrypt, Ethereum, XRP, and Solana saw significant declines over the past 24 hours relative to Bitcoin following the release of Wednesday's consumer price index reading of 3.7% and growing expectations of an October interest rate hike. Ethereum dropped 5.5% to a $289 billion market

Bitcoin fell 4% and Ethereum declined 6.5% over the past 24 hours amid a broader sell-off in risk assets triggered by hotter-than-expected U.S. inflation data. September's Consumer Price Index rose 0.6% month-over-month and 3.7% year-over-year, reigniting expectations of a potential Federal

Bitcoin fell 4% over 24 hours while Ethereum lost approximately 6.5% following the release of hotter U.S. inflation data and a technology sector sell-off. September's Consumer Price Index rose 0.6% from the previous month and 3.7% year over year, prompting traders to briefly reassess the

On the evening of October 14 Beijing time, the U.S. Bureau of Labor Statistics released September’s Consumer Price Index (CPI) data, with results exceeding market expectations across the board. Headline CPI rose 3.7% year over year, above the market expectation of 3.6% and significantly higher than August’s 3.4%, marking the highest level since May this year. Core CPI, excluding food and energy prices, rose 2.6% year over year, also above the expected 2.5%; core CPI increased 0.3% month over mon

US stocks fell sharply after September inflation data showed a 3.7% annual increase, exceeding expectations and the Federal Reserve's 2% target in US Stock Market News today. This raised concerns about further interest rate hikes, leading to significant losses in AI-focused companies and Bitcoin

Bitcoin (BTC) continued its gradual decline, trading at around $81,620 on Oct. 15. The European Banking Authority designated USDC as the first significant electronic money token under MiCA. The US seized 112 servers and shut down 241 websites linked to investment scams targeting Russian-speaking Americans. The network had stolen tens of millions of dollars. Macro Events & Crypto Hotspots 1、According to the European Banking Authority (EBA) website, the EBA designated USDC, issued by Circle Intern

According to Strike, inflation has exceeded the Federal Reserve's 2% target for 67 consecutive months, marking the longest streak this century. The dollar has declined 22.5% in value since January 2021. Bitcoin is gaining adoption as traders increasingly view it as a hedge against currency