đ Weekly Recap: The $87k Squeeze and The Three-Agency Pivot
Bitcoin touched an eight month high of $87.4k before pulling back to $84k. Following the death of the CLARITY Act in the Senate, the Fed, CFTC, and SEC stepped in to publish regulatory guidance.
đ The Macro Pivot
Lower oil prices and regulatory moves shaped the macro environment alongside hawkish Fed commentary.
âą Oil and Yields: WTI crude fell 8 percent to $92.41 on US-Iran truce talk around the UN General Assembly. Easing oil prices pulled Treasury yields off their highs, creating room for risk assets.
âą Fed Outlook: NY Fed's Williams indicated a late 2026 rate hike is reasonable, with 16 of 18 officials penciling in another increase before year end. However, cooler August core PCE data provided short term relief.
âą Regulatory Action: The Fed proposed two stablecoin rules under the GENIUS Act, the CFTC cleared tokenized collateral, and the SEC issued guidance on staking and buybacks.
đ Bitcoin Squeeze
$BTC surged from $81.2k to $87,265 on Monday before consolidating in an $83.2k to $85.6k range.
âą Price Action: BTC experienced a sharp Monday squeeze followed by a fade to $84.1k. Despite the pullback, price remains well above mid-September lows.
âą Record ETF Inflows: BTC ETFs saw a $2.4B influx from September 21 to 25, led by a $999M single day print on September 21. Year to date net flows flipped positive to over $1.0B, with AUM reaching $108.4B.
âą Altcoins and Corporates: $SOL ETFs saw $188.1M in weekly inflows. MicroStrategy acquired 1,665 BTC to bring total holdings to 847,666 BTC.
đ Sentiment and Liquidity
The Fear and Greed index sits at 68. The push past $85k triggered $648M in short liquidations, while open interest fell 12.8 percent in four sessions.
On-chain profit margins hit a 21-month high of 33 percent, pointing to heavy profit taking. Key support sits near $80k with resistance around $85k.
Bitcoin touched an eight month high of $87.4k before pulling back to $84k. Following the death of the CLARITY Act in the Senate, the Fed, CFTC, and SEC stepped in to publish regulatory guidance.
đ The Macro Pivot
Lower oil prices and regulatory moves shaped the macro environment alongside hawkish Fed commentary.
âą Oil and Yields: WTI crude fell 8 percent to $92.41 on US-Iran truce talk around the UN General Assembly. Easing oil prices pulled Treasury yields off their highs, creating room for risk assets.
âą Fed Outlook: NY Fed's Williams indicated a late 2026 rate hike is reasonable, with 16 of 18 officials penciling in another increase before year end. However, cooler August core PCE data provided short term relief.
âą Regulatory Action: The Fed proposed two stablecoin rules under the GENIUS Act, the CFTC cleared tokenized collateral, and the SEC issued guidance on staking and buybacks.
đ Bitcoin Squeeze
$BTC surged from $81.2k to $87,265 on Monday before consolidating in an $83.2k to $85.6k range.
âą Price Action: BTC experienced a sharp Monday squeeze followed by a fade to $84.1k. Despite the pullback, price remains well above mid-September lows.
âą Record ETF Inflows: BTC ETFs saw a $2.4B influx from September 21 to 25, led by a $999M single day print on September 21. Year to date net flows flipped positive to over $1.0B, with AUM reaching $108.4B.
âą Altcoins and Corporates: $SOL ETFs saw $188.1M in weekly inflows. MicroStrategy acquired 1,665 BTC to bring total holdings to 847,666 BTC.
đ Sentiment and Liquidity
The Fear and Greed index sits at 68. The push past $85k triggered $648M in short liquidations, while open interest fell 12.8 percent in four sessions.
On-chain profit margins hit a 21-month high of 33 percent, pointing to heavy profit taking. Key support sits near $80k with resistance around $85k.
