Key Takeaways
- • Bitcoin traded at $82,708 on Wednesday morning, October 21, 2026, between a 24-hour range of $81,273 and $83,249, according to CryptoTicker.
- • US spot Bitcoin ETFs took in a net $526.7 million on Monday, the largest single-day inflow since September, but October remains roughly $88 million negative for the funds.
- • BlackRock's IBIT alone gained $665.2 million on the day while Fidelity's FBTC lost $83.6 million and Ethereum ETFs shed $103.3 million.
- • The Federal Reserve decides on rates October 28, with the target range at 3.75 to 4.00 percent; prediction markets priced 84 to 88 percent odds of no change.
- • The 50-day moving average at $81,679 is the key downside level, and the 20-day average at $83,117 sits above the price.
Summary
Bitcoin was priced at $82,708, or 73,652 euros, on Wednesday morning, according to CryptoTicker. US spot Bitcoin ETFs recorded a net inflow of $526.7 million on Monday, citing Farside Investors data, the strongest day since September. The net figure masked uneven flows: BlackRock's IBIT took in $665.2 million, more than the total net inflow, while Fidelity's FBTC lost $83.6 million. Ethereum ETFs gave up $103.3 million the same day, with $95.4 million coming from BlackRock's ETHA. Per FXStreet's review of the same data, US spot Bitcoin ETFs remain about $88 million in the red for October.
The publication frames the market around two moving averages: the 50-day average at $81,679 below the price and the 20-day average at $83,117 above it. Overnight, the price traded between $81,273 and $83,249, briefly breaking the 50-day line without a daily close below it. Bitcoin is down 1.16 percent over seven days, up 1.56 percent over 30 days, and sits 34.4 percent below its all-time high of $126,080 from October 6, 2025. CryptoTicker's own calculations place the 200-day average at $72,723. Bitcoin holds 59.52 percent of the total crypto market, with $26.74 billion in 24-hour turnover.
The Federal Open Market Committee meets October 27 and 28, with the decision due October 28 and a press conference by Chair Kevin Warsh. The target range is 3.75 to 4.00 percent after a quarter-point increase in September, the first hike in more than three years. J.P. Morgan Wealth Management's Phil Camporeale expects no move in October and around 50 basis points of further increases into 2027. New York Fed president John Williams said there is no rush. Perpetual futures funding on OKX stood at about 0.00343 percent per eight hours, roughly 3.75 percent annualised, close to the upper edge of the Fed range.
The article's assessment is that Monday's inflows were weaker than the headline suggests because they were concentrated in one provider, though the purchases still must be executed in the market. The publisher expects fund flows are unlikely to shift the price out of its current range before the Fed decision, with the December outlook a larger risk factor. The article notes it was produced with AI assistance and reviewed by its editorial team, and it is not investment advice.
The publication frames the market around two moving averages: the 50-day average at $81,679 below the price and the 20-day average at $83,117 above it. Overnight, the price traded between $81,273 and $83,249, briefly breaking the 50-day line without a daily close below it. Bitcoin is down 1.16 percent over seven days, up 1.56 percent over 30 days, and sits 34.4 percent below its all-time high of $126,080 from October 6, 2025. CryptoTicker's own calculations place the 200-day average at $72,723. Bitcoin holds 59.52 percent of the total crypto market, with $26.74 billion in 24-hour turnover.
The Federal Open Market Committee meets October 27 and 28, with the decision due October 28 and a press conference by Chair Kevin Warsh. The target range is 3.75 to 4.00 percent after a quarter-point increase in September, the first hike in more than three years. J.P. Morgan Wealth Management's Phil Camporeale expects no move in October and around 50 basis points of further increases into 2027. New York Fed president John Williams said there is no rush. Perpetual futures funding on OKX stood at about 0.00343 percent per eight hours, roughly 3.75 percent annualised, close to the upper edge of the Fed range.
The article's assessment is that Monday's inflows were weaker than the headline suggests because they were concentrated in one provider, though the purchases still must be executed in the market. The publisher expects fund flows are unlikely to shift the price out of its current range before the Fed decision, with the December outlook a larger risk factor. The article notes it was produced with AI assistance and reviewed by its editorial team, and it is not investment advice.
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