October 17, 2026｜Today’s latest market update: The dollar weakened, but crypto markets failed to rally. What do you think?
Brothers and sisters, the dollar weakened overnight, yet the Nasdaq fell 2.1%, down 4.5% for the week. The market is worried about more than just rate hikes: after AI expansion is financed by borrowing, will revenues be enough to cover financing costs? $MU Micron fell 5.6%, while the Direxion Daily Semiconductor Bull 3X ETF (SOXL) dropped 10.28%. A slight dip in interest rates is no longer enough to bring investors back to chasing prices higher.
Risks to Middle Eastern shipping and concerns over Russian energy supplies pushed Brent crude up 3.7% overnight to $109.86. War squeezes corporate profits through higher energy costs and also limits the Fed’s room to ease. Gold $XAUT edged up to around $4,160 as the dollar retreated, but its gains were far weaker than oil’s, with safe-haven demand still constrained by high interest rates.
In early trading, BTC was around $81,460 and ETH around $2,420; ZEC fell 6.19%, NEAR 4.87%, and SUI 3.07%. The coins that led gains yesterday are leading losses again, showing the rebound lacks staying power. ETFs also lack confirmation: the latest complete figures, through the 15th, show just $5.1 million in BTC inflows and $60.3 million in ETH outflows. Data for the 16th is not yet complete, so missing figures should not be treated as zero outflows.
Over the weekend, watch whether BTC can hold above its recent low of $79,800 and reclaim $82,800; for ETH, first watch the $2,390–$2,490 range. If the dollar keeps falling but crypto prices still can’t get back on their feet, would you still call it a shakeout, or would you start doubting the buyers behind this rebound? #布伦特原油自5月来首次触及110美元
Brothers and sisters, the dollar weakened overnight, yet the Nasdaq fell 2.1%, down 4.5% for the week. The market is worried about more than just rate hikes: after AI expansion is financed by borrowing, will revenues be enough to cover financing costs? $MU Micron fell 5.6%, while the Direxion Daily Semiconductor Bull 3X ETF (SOXL) dropped 10.28%. A slight dip in interest rates is no longer enough to bring investors back to chasing prices higher.
Risks to Middle Eastern shipping and concerns over Russian energy supplies pushed Brent crude up 3.7% overnight to $109.86. War squeezes corporate profits through higher energy costs and also limits the Fed’s room to ease. Gold $XAUT edged up to around $4,160 as the dollar retreated, but its gains were far weaker than oil’s, with safe-haven demand still constrained by high interest rates.
In early trading, BTC was around $81,460 and ETH around $2,420; ZEC fell 6.19%, NEAR 4.87%, and SUI 3.07%. The coins that led gains yesterday are leading losses again, showing the rebound lacks staying power. ETFs also lack confirmation: the latest complete figures, through the 15th, show just $5.1 million in BTC inflows and $60.3 million in ETH outflows. Data for the 16th is not yet complete, so missing figures should not be treated as zero outflows.
Over the weekend, watch whether BTC can hold above its recent low of $79,800 and reclaim $82,800; for ETH, first watch the $2,390–$2,490 range. If the dollar keeps falling but crypto prices still can’t get back on their feet, would you still call it a shakeout, or would you start doubting the buyers behind this rebound? #布伦特原油自5月来首次触及110美元