CRYPTO PULSE

Crypto remains resilient, but leadership is narrow and macro-sensitive

Bitcoin is holding near recent highs while resistance and softer spot demand limit upside momentum. ETF and corporate accumulation provide support, but stronger dollar and Treasury yields keep risk appetite selective.

Crypto Drivers What Matters Now

BITCOIN

Resistance caps momentum near recent highs

Bitcoin has reversed from resistance, with consolidation indicating buyers have not yet regained full momentum.

FLOWS

ETF demand persists, but inflows are less consistent

Institutional interest remains supportive, although recent ETF activity has weakened from September’s stronger pace.

ETHEREUM

Strategic accumulation offsets elevated staking withdrawals

Corporate ETH purchases are constructive, while a high withdrawal queue adds a near-term supply and liquidity consideration.

ALTCOINS

Breadth remains uneven across major crypto assets

Performance is concentrated, with selected higher-beta tokens advancing while others lag materially.

MACRO

Dollar strength and yields remain the key cross-asset headwind

Recent Fed minutes reinforce policy sensitivity, while upcoming U.S. inflation data may reset rate and liquidity expectations. ([federalreserve.gov](https://www.federalreserve.gov/newsevents/pressreleases/monetary20261007a.htm?utm_source=openai))

Current web sources: Federal Reserve Board - Minutes of the Federal Open Market Committee, September 15-16, 2026