U.S. spot Bitcoin ETFs recorded a net inflow of $301.2 million for the week ending Oct. 23, despite significant fluctuations during the week. Early sessions saw over $1 billion in inflows, followed by $773.5 million in outflows in the last two days. MEXC CEO Vugar Usi described Bitcoin as already in a bull cycle, attributing the positive market trend to easing macroeconomic pressures, including the Federal Reserve's recent interest rate hike. This suggests growing investor confidence in Bitcoin despite economic uncertainties.
The story on Bitcoin's bull cycle and ETF inflows provides context for cryptocurrency market activity. For readers following the crypto sector, here is Pluang's market snapshot as of Oct 27, 2026 06:02 WIB: out of 50 major cryptocurrencies, 16 rose and 32 fell today. Notable movers include VET (VeChain) down 4.18% with 91% sell orders, CAKE (PancakeSwap) up 3.88% with 65% buy orders, and ZIL (Zilliqa) up 3.16% with 58% sell orders. Prices were Rp118 for VET, Rp38,700 for CAKE, and Rp35 for ZIL.
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