An important test of whether exchange-traded fund interest can outstrip that of a bond market that has grown less accommodating will take place next week in the bitcoin market.
As we enter the last week of the third quarter, the price of Bitcoin ranges from $83,000 to $84,500.
It failed to sustain its weekend close to $85,100 and has still not recovered from its peak earlier this month of about $87,000.
That is down around 33% from the all-time high of $126,210 hit on October 6, 2025.
The market appears steady, yet the broader economic landscape is anything but tranquil.
A central bank with a strong stance, an energy crisis, and a bond market reaching levels not seen in decades are converging with a packed schedule of US economic data.
The bid for a cryptocurrency ETF is the sole factor maintaining stability in the market.
The Regime: An Oil-Driven Tightening Cycle
