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Black Monday Never Showed Up: Bitcoin Reclaims While ETFs Bleed

Black Monday Never Showed Up: Bitcoin Reclaims While ETFs Bleed

Season 4 Episode 153 Published 5 days, 13 hours ago
Description

Black Monday never showed up. Bitcoin is back above $82,000 as oil cools and stock futures rise, but the ETFs are still bleeding, U.S. spot demand is soft, and the Fed meets October 28. Anna runs through the day's Bitcoin news: ETF outflows, Strategy's slowing purchases, an old whale waking up, and the Mt. Gox deadline pushed to 2027.

THE MARKET TODAY (Monday, October 19, 2026)

- Bitcoin: about $82,300, up roughly 0.4% in 24 hours

- Today's range: about $80,700 to $83,000

- 7 days: -1.4% | 30 days: +1.3%

- About 35% below the all-time high of $126,080 set in October 2025

- Market cap: about $1.66 trillion | Bitcoin dominance: about 60.2%

- Fear and Greed Index: 59 (Greed), up from 53 (Neutral) on Sunday

THE TOP STORIES

- Black Monday fizzles: Bitcoin reclaims $82,000 as Brent crude slips from a five-month high and stock futures rise

- Falling yields and cooling oil cut the odds of an immediate Fed rate hike

- The Fed meets October 28: CME FedWatch shows about 85% odds of a hold at 3.75%-4%, and 75% odds of a hike in December

- September inflation came in at 3.7%

- U.S. spot Bitcoin ETFs lost about $229 million last week, a second straight weekly outflow. Ether ETFs lost about $320 million. Bitcoin ETFs are still up about $259 million for the year

- The Coinbase Premium Index fell to -0.14, its lowest since late June

WHO IS BUYING?

- Strategy holds 848,250 BTC (about 4% of supply), average cost about $76,000, unrealized gain about $5.4 billion

- Its latest tracked purchase, October 12, was just 250 BTC, down from 334 the week before

- Public companies hold about 1.3 million BTC, about 6.2% of the supply cap. Governments hold about 619,000 BTC

- Michael Saylor says Bitcoin is returning to a bull market, and floats 6%-8% yields on Bitcoin-backed stablecoins

- MARA sends about $82.8 million of bitcoin to exchanges

FOR LONG-TERM HOLDERS

- A wallet dormant since 2013 moves 411 BTC, about $34 million, bought near $131 per coin. None went to an exchange

- Mt. Gox repayment deadline pushed one year, to October 31, 2027

THE WEEK AHEAD

- Earnings: SpaceX (Tuesday), Tesla and Meta (Wednesday)

- Jobless claims (Thursday), preliminary PMIs and consumer sentiment (Friday)

- Fed decision October 28

- Chart: watching a retest of $80,000, with resistance near $87,000

MORE HEADLINES

- JPMorgan expands its JPM Coin deposit token to Ethereum

- BlackRock wants tokenized funds to back traditional Wall Street trades

- ESMA adds nine providers to its crypto register, total now 375

- France advances a stablecoin tax

NOSTR AND BITCOIN CORNER

- Builders are rebuilding the internet on open protocols: social, messaging, video, storage, payments, podcasting

- Jack Dorsey's Block launches Buzz, a Nostr-based team chat; diVine, the Nostr-based Vine revival, opens to the public

- India orders GitHub to take down Bitchat, the Bluetooth mesh app that can relay Bitcoin transactions offline

- Blossom: open media servers for Nostr, now with AI-agent upload tools

- A shout-out to Corndalorian

- How to join Nostr in minutes, and guard your nsec

SUPPORT THE SHOW

Listening on Fountain? Stream sats, boost, or zap this episode. It's value for value, built on Lightning and Nostr. Thank you to every Bitcoin group, developer, educator, and node runner. Keep on keeping on, and share this episode with a friend or your local Bitcoin group.

This episode is for general information only and is not investment advice. Digital assets are volatile. Do your own research.

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