SteelWater daily crypto read · 13 Oct 2026

Bitcoin slips back under $83,000 and altcoins fall harder as spot-ETF outflows run into Wednesday's US CPI report.

Sentiment 42/100 (Cautious)

9%. For newcomers, that gap matters: Bitcoin is the most liquid and widely held crypto asset, so it tends to move less in percentage terms than smaller 'altcoins' like Solana and XRP, which have thinner order books and more leveraged trading. When investors get nervous, they typically sell the riskier, more volatile coins first, which is exactly what happened today.

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