Episode Details

Bitcoin slipped under $80,000 for the second time in about ten days, and $670 million in leveraged bets got liquidated. In this weekend edition, Anna explains why the drop moved so fast, splits the ETF story into Friday's outflows and a positive week, follows the whales who bought $20 billion in three months, and runs a Saturday speed round.

THE MARKET TODAY (Saturday, October 24, 2026)

- Bitcoin: about $80,100, down about 1.9% on the day (low about $79,300, high about $81,600)

- 7 days: -1.3% | 30 days: -5.0%

- About 36% below the all-time high of $126,080 (October 2025)

- Bitcoin market cap: about $1.61 trillion | Dominance: about 59.6%

- Total crypto market: about $2.69 trillion, down about 4.8%

- Ether: about $2,320 (-3.7%) | Solana: about $100 (-3.9%)

- Fear and Greed Index: 51 (Neutral)

MARKET ALERT

- Bitcoin dumps below $80K again as liquidations surge to $670M (CryptoPotato)

- $200M in leverage unwound in one hour (BeInCrypto)

- Weakest level in more than a month, with weekend pressure tied to U.S. Middle East evacuations (CoinDesk)

- 64% of long BTC positions were opened above $80,595 (Coinbase data via CoinTurk)

THE ETF TUG OF WAR

- Spot Bitcoin ETFs: about -$138M on Friday, about -$773M over two days

- Still +5,183 BTC for the week, turning 2026 flows positive at about 10,784 BTC year to date (Darkfost via Lookonchain)

- Ether ETFs: about -$1.2B in October, small inflow of about $4M on Friday

THE WHALES ARE BUYING

- Whales added about 243,000 BTC (about $20B) in three months (CoinTurk)

- Treasury firms including Strategy and Strive used preferred stock to buy about 136,000 BTC, more than 0.5% of the max supply (Fidelity data via Lookonchain; CoinDesk)

- Strategy: 848,517 BTC, average cost near $76,000

WEEKEND SPEED ROUND

- Tether's Mining Development Kit gets backing from 15 mining companies

- Kraken scraps its Monero withdrawal questions and apologizes

- IRS plans a voluntary disclosure program for crypto taxes

- New York AG targets a crypto pyramid scheme aimed at prayer groups

- Aave tightens USDT borrowing rules

- Dogecoin ETFs see their biggest outflow since August

- X100 attacked, about $4.85M lost

- Google updates its privacy policy so Gmail and Photos data can feed ads

NEXT UP: the Federal Reserve decides Wednesday, October 28. One analyst flags $73,000 as midterm-cycle support.

NOSTR DESK

- What a zap is, and how value for value works on Fountain

ON THE SITE TODAY (TheBitcoinStreetJournal.com)

- Real-Time Bitcoin Market Intelligence Dashboard: live liquidations and momentum

- Crypto Glossary: plain-English definitions

- Gainers and Losers: who's bleeding, who's bouncing

- Ask Satoshi and the Nostr Desk

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