Bitcoin started the week near $82,000 as stock markets attempted a tentative rebound after last week's tech-led selloff that began in South Korea, where KOSPI gained about 1.8% on Monday. Analysts expect bitcoin to retest $80,000 support after a weekly close below key local support, when the Coinbase Premium Index hit -0.14, its lowest level since late June. About 15% of S&P 500 companies report third-quarter earnings this week, including SpaceX, Tesla and Meta. Markets see 85% odds that the Federal Reserve keeps rates in the 3.75%-4.00% range at its October 28 meeting, and 75% odds of one 25-basis-point hike by year-end after two further hikes were priced out. Persistent inflation remains a concern, with September CPI at 3.7% year-on-year and PPI up 1.7% month-on-month, keeping tighter policy in view.
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Related tickers and likely impact
BTC/USDT
▲ Likely positiveBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/18/2026 | 82,116.00 |
| Change that session | +0.77% |
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 709.82 |
| Change that session | -2.50% |
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 763.31 |
| Change that session | -1.10% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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