Market pulse

Crypto markets are broadly subdued, with declines outnumbering advances and Bitcoin little changed over 24 hours. Across 100 tracked assets, 53 fell and 39 rose; the median move was a slight loss of 0.12%. Bitcoin traded near $81,650, almost flat on the day but down about 1.6% over the week. Its monthly gain remains close to 6.8%, leaving the short-term picture softer than the one-month trend.

Bitcoin is below its 20-day average but near its 50-day average, while only two of nine major assets are above their 50-day averages. That points to weak near-term technical breadth, despite most tracked assets remaining above their 200-day averages. In futures, open interest fell about 1.3% over 24 hours, and the taker buy/sell ratio was below 1, reflecting more selling than buying by takers. Funding remained slightly positive and long positioning outweighed short positioning, so futures signals are mixed rather than decisively bearish.

China’s October GDP release on Monday is a potential macro catalyst, followed by Canada’s CPI later that day and the UK labour report on Tuesday. These events could affect broader risk appetite, but their market impact is uncertain. The immediate focus is whether Bitcoin can recover its 20-day average and whether selling pressure in derivatives eases.