SteelWater daily crypto read · 20 Oct 2026

Bitcoin, Ethereum, Solana and XRP hold modest gains as weekend "Black Monday" crash fears fizzle out following a stronger-than-expected China Q3 GDP print, even as US spot crypto ETFs log a second straight week of net outflows and the Strait of Hormuz standoff keeps oil elevated.

Sentiment 57/100 (Cautiously Optimistic)

Bitcoin, Ethereum, Solana and XRP are all modestly higher today, recovering from a weekend scare where crypto social media buzzed about a possible "Black Monday" repeat, the 39th anniversary of the 1987 crash.

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