NewsSignals AI analysis·Oliver Knight·Oct 23, 2026

Bitcoin steadies near $81,700 as altcoins rebound, pepe climbs 13%

Grade Bbullish AI signal$BTC$ETH$PEPE$SOL$XRP$DOGE$ZEC$BNB$SUI$FLOKI$BONK$SHIB$DOT$ATOM$UNI$ENA$MON$2Z$XMR$XAUT

Bitcoin steadied near $81,700 as altcoins rebounded, with Pepe surging 14% to lead the CD100 after extending its weekly gain to 23%. Ether rose 0.9% and the altcoin index gained 0.7%, but U.S. spot Bitcoin ETFs recorded $635 million in outflows on Thursday as traders positioned ahead of the Fed meeting. The recovery could extend across altcoins if risk appetite strengthens, though ETF outflows and persistent inflation concerns may limit Bitcoin's upside.

Bullish strength: 60/100

Pepe surged 14% on the day and gained 23% over the week.
Ether rose 0.9% and the CoinDesk 80 altcoin index gained 0.7%.
Bitcoin and Ether futures open interest increased about 1%, suggesting renewed position building.
The Altcoin Season indicator rose to 58/100 from Monday's 54/100.

Bearish strength: 40/100

U.S. spot Bitcoin ETFs recorded $635 million in outflows on Thursday.
Brent crude near $113 is keeping inflation concerns alive ahead of the Fed meeting.
The long/short taker volume ratio slightly favors shorts at 51.6%.
Open interest continued to decline in ZEC, SOL, XRP and DOGE as traders closed positions.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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