SteelWater daily crypto read · 26 Sep 2026

Bitcoin holds near $85,000 after a $2.1 billion, three-day ETF inflow streak and a short squeeze drive a roughly 10% weekly rally, even as hot US economic data revives bets on another Fed rate hike in October.

Sentiment 65/100 (Optimistic)

Bitcoin is trading near $85,000 this morning, up roughly 10% over the past week in one of the sharpest rebounds crypto has seen in months, after briefly breaking above $87,000 on Wednesday for its highest level in eight months. 59) have outperformed even further, both posting double-digit weekly gains as money rotates into higher-beta altcoins once Bitcoin's trend turns up.

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