1Price and market
- As of 8:45 AM ET on Sunday, Oct 25, Bitcoin traded at $80,350: down 0.5% over 24 hours, 2.2% over the week and 4.5% over the month.Binance
- The 24-hour range was $79,221–81,034: Saturday's low is still the weakest level in over a month, and price has not been back above $81,000 since.Binance
- Saturday's daily candle (Oct 24) closed at $80,888 (−0.4%); Bitcoin has shed roughly another $500 since Sunday morning.Binance
7 more facts
- The weekly range is $79,221–84,898 and the monthly $79,221–87,220: price sits at the bottom of the band it has held since late September.Binance
- Binance spot volume over 24 hours was 9,682 BTC (~$777 million): thin weekend trading makes any large order move price more easily.Binance
- Bitcoin's market cap is $1.61 trillion and its dominance rose to 60.1%; the total crypto market ($2.68 trillion) lost 3.7% in 24 hours as altcoins fell harder.CoinGecko
- Bitcoin is 36% below its all-time high of $126,080 (Oct 6, 2025) and down 28% year over year.CoinGecko
- The Fear & Greed Index reads 54, "neutral": 51 yesterday, 53 a week ago, 71 a month ago — the dip below $80,000 did not trigger panic.alternative.me
- The Coinbase premium over Binance is slightly negative (−0.007%, about −$5): US buyers are not stepping in on the dip.Coinbase
- Ether dipped to $2,285 on Saturday and remains about 12% below early-October levels.Crypto
2Technical analysis
- RSI(14) is 42.3: below the midline, but far from oversold (30).Binance
- Daily MACD (−293) sits below its signal line (+42), and the histogram deepened to −334 from −303 this morning: downside momentum is building again.Binance
- Price slipped under the 50-day EMA ($80,834), with the 20-day EMA ($82,148) overhead: holding below the 50-day opens the way to $78K–79K.Binance
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- The 50-day simple moving average near $81,700 broke on Saturday for the first time in about two months and is now the nearest resistance.Bitcoin.com
- Supports below are $78,400 and $77,876, then a broader zone of $76,700–72,500.Bitcoin.com
- The 200-day EMA is $76,482 and the 50-week MA $76,097; the Sept 14 golden cross still stands, so the long-term structure remains bullish.Binance
- The average cost basis of US spot Bitcoin ETFs is about $82,313 (Oct 23 estimate): price has been below it since Oct 22, turning that zone into resistance.CoinDesk
- The Mayer Multiple (price vs. the $72,942 200-day average) is 1.10, 58th percentile; price is 19.9% above the 200-week average ($67,039) and Pi Cycle reads 0.49 of 1: no overheating.CoinLab
- Our Market Temperature index is 35 of 100, "cool": 34 a day ago and 36 two days ago.CoinLab
- Fractals as of Oct 25: price fell 2.3% over two weeks; in 3 of 6 similar historical stretches it rose next, median +3.7%; on the six-month window it rose in 5 of 6, median +10.2%.CoinLab
- Polymarket's median for noon ET on Oct 26 is $80,463, with half of outcomes in $79,115–81,516 and a 52.7% chance of finishing above the current price: our Sideways range of $79,500–81,500 nearly matches that band.Polymarket
3Derivatives
- On Saturday, Oct 24, $436 million in crypto positions were liquidated in four hours, $404 million of them longs, in two bursts.The Block
- Total liquidations on Oct 24 reached $810–834 million depending on the snapshot, mostly longs; about 196,000 traders were hit.Coincentral
- Binance funding is +0.0069% per 8 hours (7.6% annualized) vs. a 30-day average of +0.0034%: after the drop, longs are paying shorts about twice the usual rate.Binance
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- Funding is higher elsewhere: Bybit 7.0% annualized, OKX and Hyperliquid 11.0% each.Bybit
- Open interest in Binance perpetuals is 93,176 BTC ($7.48 billion): down 1.4% in 24 hours and 3.6% over the week as leverage slowly unwinds.Binance
- 68.8% of Binance accounts are long (2.21 to 1), top traders 1.70 to 1: retail keeps buying the dip, leaving fuel for more long liquidations.Binance
- The Binance taker buy/sell ratio is 0.96: sellers are slightly more aggressive.Binance
- Binance futures trade slightly below the index (about −0.04%): derivatives price in no upside premium.Binance
- Our squeeze-risk index reads +2 of 100: no tilt toward either a long or short squeeze, with signals pointing in different directions.CoinLab
4Options
- DVOL is 38.9 (37.9 a week ago): implied volatility rose only slightly after the break of $80,000.Deribit
- The put/call open-interest ratio is 0.60; total Deribit open interest is 385,735 BTC (~$31.0 billion).Deribit
- Tomorrow, Oct 26, at 08:00 UTC, 2,605 BTC expire with max pain at $81,000 and balanced puts and calls (1.01); on Oct 27, 1,091 BTC, also $81,000.Deribit
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- The big one is Oct 30 (08:00 UTC): 136,018 BTC (~$10.9 billion, 35% of Deribit open interest), max pain $78,000, put/call 0.55.Deribit
- Weekly 25-delta put skew fell to ~4% on Oct 23 from a mid-month peak of ~14%: demand for downside protection had faded before Saturday's drop.CoinDesk
- Further out: 12,706 BTC expire Nov 6 (max pain $82,000), 36,991 BTC on Nov 27 ($81,000) and 133,062 BTC on Dec 25 ($75,000).Deribit
5ETFs and institutions
- US spot Bitcoin ETFs lost $137.9 million on Oct 23: IBIT −$110.3 million, FBTC −$31.8 million.Livebitcoinnews
- Oct 22 saw $635.6 million in outflows, the biggest daily exit since June 25; about $773 million over two days.247wallst
- The week of Oct 19–23 still ended positive at +$228–301 million depending on the tally, with over $1 billion coming in the first three days.Financefeeds
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- Cumulative net inflows since launch stand at $57.3 billion, with $104.7 billion in assets (as of Oct 22).247wallst
- ETFs don't trade on weekends: the funds' reaction to the drop below $80,000 will show up in Monday's (Oct 26) flows.Bitcoin.com
- Strategy holds 848,517 BTC at an average $75,446; its latest buy was 267 BTC for $22.1 million (week to Oct 18), and it usually files its next update on Mondays.SEC
- 181 public companies hold 1.30 million BTC (6.2% of the eventual supply); after Strategy come Metaplanet (44,000 BTC) and Twenty One Capital (43,514).CoinGecko
- Ether ETFs took in just $4.4 million on Oct 23 after a $110.6 million outflow the day before; they lost about $1 billion from Oct 1 to 22.Livebitcoinnews
6Sentiment and on-chain
- MVRV was 1.49 on Oct 24, 39th historical percentile: the average holder is up 49%, far from overheated zones.Coinmetrics
- The short-term holder cost basis was $74,573 on Oct 18: the market is 8% above it, so recent buyers are still in profit on average.Bgeometrics
- Stablecoin supply is $304.4 billion: down 0.66% on the week and $3.0 billion on the month — no fresh money is entering crypto.Defillama
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- Polymarket's October targets: reaching $82,500 at 58.5% (68% this morning), $85,000 at 24.5%; dropping to $77,500 at 43.5%, $75,000 at 17.5%.Polymarket
- Polymarket's up-or-down market for Oct 26 sits at exactly 50/50.Polymarket
- On Oct 23 a whale moved about 4,000 BTC (~$327 million) to Binance and Deribit over five hours: potential supply, though no sale has been confirmed.Tokenpost
- The year's low was $57,850 on July 1; by Oct 22 Bitcoin had recovered about 40%, whereas in 2014, 2018 and 2022 the bottom came in the weeks after US midterms.CoinDesk
- Xapo Bank's CEO says wealthy clients increasingly borrow against Bitcoin instead of selling it.Investing.com
7Mining
- Hashrate is 1,068 EH/s and difficulty 140.58T; 67.5% of the epoch is done, with 655 blocks left.mempool.space
- The next difficulty adjustment is expected Oct 29 at an estimated +5.2% after +5.9% last time: capacity keeps growing despite lower prices.mempool.space
- Fees are at the floor — 1 sat/vB for both next-block and within-the-hour confirmation: the network is quiet.mempool.space
2 more facts
- Block height is 973,073, with 76,927 blocks to the halving, expected around Apr 11, 2028.mempool.space
- Bitcoin Core developers are changing their vulnerability disclosure policy (Oct 23): AI finds bugs too easily to keep them secret.CoinDesk
8Macro
- It's Sunday: no 8:30 AM ET data and US stock markets are closed; CME futures, including oil and stock indexes, reopen at 6 PM ET tonight.CME FedWatch
- On Oct 24, Trump said the US could strike Iran again "maybe tomorrow" — Sunday — while leaving room for a deal; no decision has been announced.Arabtimesonline
- The WSJ reported munitions being loaded aboard the USS George Washington carrier group, and CENTCOM has follow-up strike plans ready pending White House authorization.24newshd
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- Iran said on Oct 24 it won't let US warships approach its waters and ties reopening the Strait of Hormuz to acceptance of its demands.Aljazeera
- Brent settled at $116.72 on Oct 23 (+3.1%), its highest since Apr 29 and a third weekly gain; WTI ended at $103.27 (+3.8%).CNBC
- On Friday, Oct 23, the S&P 500 fell 0.52% to 7,624 and the Nasdaq 0.21% to 25,955; the VIX rose 2.2% to 19.45.Yahoo Finance
- Gold fell 1.3% on Friday to $4,008, down 4.1% on the week; the dollar index DXY was 101.81 (+0.2%).Yahoo Finance
- The 10-year Treasury yield rose 4 bp to 5.00% on Oct 23, the 2-year 4 bp to 4.69%.Treasury
- The fed funds rate is 3.75–4.00%; Polymarket prices a hold at the Oct 27–28 meeting at 95.5% and a 25 bp hike at 4.5%; a 25 bp hike in December at 76.5%.Polymarket
- Fed Chair Kevin Warsh named the October and December meetings as decision points without committing to a path; CME FedWatch put October hike odds at roughly 9–15% on Friday, depending on the tally.Investinglive
- Oil is the Fed's main inflation risk: fuel costs tied to the Iran war drove most of the latest jump in inflation.Itiger
- On Oct 29 at 8:30 AM ET: US Q3 GDP (consensus ~3.0%) and September PCE (expected 3.6% y/y, core 3.1%); the Bank of Canada, ECB and BoJ also decide that week.Newsquawk
9Regulation and events
- The Fed decision is due Oct 28 at 2 PM ET, with Kevin Warsh's press conference at 2:30 PM ET; no new projections at this meeting.Federal Reserve
- Hardware wallet maker Keystone disclosed a customer data leak (names, contacts, addresses); keys and seed phrases were not affected, and owners are warned about phishing.Investing.com
- Apex Group founder Peter Hughes says the Clarity Act's failure in the Senate on Sept 15 hands an edge to Asia, the Middle East and Bermuda.CoinDesk
5 more facts
- On Oct 5 the CFTC opened comment on rules for leveraged retail crypto trading, moving ahead without legislation from Congress.CFTC
- Sen. Richard Blumenthal asked Tether for details on payments to a firm founded by former White House crypto adviser Bo Hines (Oct 23).The Block
- The central banks of Singapore, Malaysia and Thailand are expanding a cross-border stablecoin settlement project involving Ripple, Visa and Mastercard (Oct 23).The Block
- The Initia network was halted after an Oct 23 security incident in which an attacker reportedly minted tokens.The Block
- Political calendar: China's Communist Party plenum Oct 26–29, Israel's Knesset election Oct 27, US midterms Nov 3.Newsquawk