Market pulse

Crypto trading is broadly higher, with 74 of 100 tracked assets advancing and the median 24-hour gain at about 1.6%. That breadth points to a wider recovery rather than strength confined to a few large tokens, though Bitcoin’s recent weekly performance remains negative.

Bitcoin is near $83,600, up less than 1% over 24 hours but down about 3.3% over seven days. Its price is just below the 20-day average, while open interest has risen about 1% in a day. Long positions outweigh shorts, and buyers have been more active in perpetual futures, but these signals show positioning—not a guarantee that the rebound will continue.

The near-term picture is constructive but not decisive: most tracked major assets are above their 50-day average, while the median relative strength reading remains below 50. US CPI on October 14 is the key scheduled macro event this week and could shift expectations for risk assets. Among the largest reported movers, CKB gained about 39%, while US fell about 36%; unusually sharp moves in individual tokens can sit alongside broader market strength.