SteelWater daily crypto read · 22 Oct 2026

Bitcoin climbs 2.5% to around $83,400 as a tech-stock rally and the biggest Bitcoin ETF inflow in weeks offset lingering Fed rate-hike worries.

Sentiment 60/100 (Cautiously Optimistic)

5% back above $83,000 as a rally in tech stocks lifted risk appetite broadly. The bigger story underneath: US spot Bitcoin ETFs took in $527 million in a day, their biggest haul in weeks, led by BlackRock's fund, a sign that institutional buyers are warming back up after a quiet stretch.

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