Crypto market today, 21/10/2026: BTC turns green, but has money really started flowing back in? ๐ค
As trading opened on 21/10, the market saw broad gains, with 86% of the top 100 coins rising in price. BTC is trading around $83,157.91, up 1.87% over the past 24 hours, while ETH followed suit, gaining 2.44% to reach $2,455.35. Market breadth points to positive short-term sentiment.
However, the macro backdrop and ETF flows are showing some signs of tension ๐. The US September 2026 CPI, just released, came in higher than expected at 3.7% YoY, indicating that inflation remains persistent and making it harder for the Fed to ease policy. In addition, Bitcoin and Ethereum ETFs have continued to record significant net outflows over the past week, with about $146 million withdrawn from Bitcoin ETFs over the last four sessions, following an outflow of as much as $391 million in a single day in mid-October. This suggests institutional capital remains quite sensitive.
As trading opened on 21/10, the market saw broad gains, with 86% of the top 100 coins rising in price. BTC is trading around $83,157.91, up 1.87% over the past 24 hours, while ETH followed suit, gaining 2.44% to reach $2,455.35. Market breadth points to positive short-term sentiment.
However, the macro backdrop and ETF flows are showing some signs of tension ๐. The US September 2026 CPI, just released, came in higher than expected at 3.7% YoY, indicating that inflation remains persistent and making it harder for the Fed to ease policy. In addition, Bitcoin and Ethereum ETFs have continued to record significant net outflows over the past week, with about $146 million withdrawn from Bitcoin ETFs over the last four sessions, following an outflow of as much as $391 million in a single day in mid-October. This suggests institutional capital remains quite sensitive.