Monetary Policy

Bitcoin is trading in a narrow range without establishing a clear direction as investors await potential catalysts from the US midterm elections on Nov. 3, the Federal Reserve's interest-rate decision on Oct. 28, and earnings reports from major technology companies. Tim Enneking, managing partner at

According to CoinShares, Bitcoin demonstrated relative resilience this week amid broader market volatility, bolstered by improving spot demand and short covering. The market is gradually shifting focus from AI narrative enthusiasm toward corporate earnings delivery. While poor earnings reports

QCP Capital reported on Oct. 23 that rising funding costs for artificial intelligence infrastructure companies are weighing on technology stocks and the broader cryptocurrency market. CoreWeave bond yields surged to 15%, with credit strains spreading across the AI infrastructure sector. CoreWeave

Bank Negara Malaysia and the Bank of Thailand joined the Monetary Authority of Singapore's BLOOM initiative as policy institution members on Oct. 23. The two central banks are joining the cross-border stablecoin payments initiative to lower costs and speed service launches by reducing the need for s

According to CoinDesk, Sweden's central bank is urging lawmakers to reassess the necessity of issuing the e-krona, citing concerns that the Swedish krona's payment position could face long-term pressure from foreign stablecoins and the digital euro. Central Bank Deputy Governor Per Jansson noted tha

Bitcoin has remained within a 6% trading range over the past month and is currently trading at around $81,735, down 1.2% on the day, according to Decrypt data. The broader crypto market has shown similar stability, with all top five cryptocurrencies moving less than 2% over the past seven days and t

According to Bitcoin Magazine, on Thursday, October 22, Bitcoin fell nearly 4% to lows of $81,331 after oil prices jumped above $110, triggering inflation concerns. The cryptocurrency had climbed near $85,000 on Wednesday following tech stock gains, but Middle East tensions and Houthi attacks on

Bitcoin (BTC) hit an intraday low of $80,989 on Oct. 23, down 3.2% over 24 hours, with its marketcap falling to around $1.64 trillion. CoinGlass data shows that about 100,605 traders were liquidated over the past 24 hours, with total liquidations reaching $441 million, including about $397 million in long liquidations (90%). CoinGecko: Bitcoin Hits 24-Hour Low of $80,989; Nasdaq Falls 2.6% According to CoinGecko data, Bitcoin hit a 24-hour low of $80,989 and was trading at around $81,500 (-3.2%)

The American Bankers Association (ABA) issued a statement on October 22 criticizing the Office of the Comptroller of the Currency’s (OCC) final rules for payment stablecoins under the GENIUS Act. It said that by removing a protective provision from the final version—a provision in the original proposal that presumed violations in indirect third-party arrangements involving affiliates, exchanges, and other issuance partners—the OCC has enabled payment stablecoin issuers to technically circumvent

US Treasury Secretary Scott Bessent called the GENIUS Act a turning point in American financial history in a social media post on October 21. Bessent stated the law strengthens the country's position as the world's capital for virtual assets, or cryptocurrencies. The GENIUS Act establishes a

According to Farside Investors, US spot Bitcoin exchange-traded funds attracted $526.7 million in inflows on October 19, reversing an $82.4 million withdrawal from the previous session. BlackRock's IBIT led with $665.2 million in inflows. Bitcoin climbed to approximately $82,830 on October 19,

Bitcoin (BTC) has given back its overnight gains and is trading at around $81,450 as of Oct. 20. The U.S. CFTC challenged CME’s standing to sue, saying CME failed to prove that the new Perpetual Contract policy caused it harm. JPMorgan is bringing JPM Coin to Ethereum to test bank-money settlement. Macro Events & Crypto Market Highlights According to CoinDesk, the U.S. Commodity Futures Trading Commission (CFTC) filed a complaint with the court last Friday, stating that CME failed to prove it ha

CME Group plans to launch standard and micro futures tied to Bitcoin Cash and Uniswap on Oct. 19, subject to regulatory review, as crypto investors monitor a series of macroeconomic data releases scheduled for this week. The futures launch coincides with purchasing managers' index data from the

According to Farside Investors data, U.S. Spot Bitcoin ETFs saw net outflows of approximately $679 million from Oct. 5 to 9, followed by another $228.4 million in outflows from Oct. 12 to 16, for a two-week total of $907 million. Net outflows for October through Oct. 16 totaled $615 million. September CPI rose 3.7% year over year, exceeding market expectations. Farside: Detailed ETF Net Outflows Over Two Weeks, IBIT Sees $165.4 Million in Five-Day Outflows According to Farside Investors data, du

According to the latest Polymarket figures, the Federal Reserve has an 87% probability of holding interest rates steady at its October 27-28 meeting, while odds of a 25-basis-point rate hike have dropped to 14%. The market assigns less than 1% chance to a rate cut or larger increase. The

U.S. spot Bitcoin ETFs recorded net outflows of $228.6 million this week, following a $681.1 million drain the previous week, according to data from SoSoValue and Decrypt's ETF tracker. The outflows were triggered by hotter-than-expected inflation data, with the consumer price index showing prices u

Multiple statistical agencies and central banks will release key economic indicators from Oct. 19 to Oct. 23, including China's third-quarter GDP, US initial jobless claims, and UK September consumer price index. The schedule also includes the Bank of Korea's base-rate decision on Oct. 22 and US Oct

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