U.S. Bitcoin market indicators show a bearish outlook as institutional investors hold more short positions than longs, with leveraged funds on CME showing shorts at 2.1 times longs. The Coinbase premium remains negative, indicating weaker U.S. buying demand as Bitcoin trades cheaper domestically than offshore. Institutional trading volume on Coinbase Prime dropped sharply, signaling reduced participation. Additionally, rising market volatility (VIX) near the 20 threshold and elevated U.S. Treasury yields add pressure on crypto assets. Key signals to watch include a potential positive shift in the Coinbase premium and whether the VIX crosses above 20, which could influence Bitcoin's short-term direction.
The U.S. Bitcoin market's bearish sentiment is highlighted by institutional short positions outnumbering longs by 2.1 times on CME. For readers following cryptocurrency, here is Pluang's market snapshot as of Oct 17, 2026 18:01 WIB: out of 50 major cryptocurrencies, 9 rose and 40 fell today. Notable movers include SAND with a 7.28% gain and a Pluang order activity of 41% Sell / 59% Buy, ALGO down 5.42% with 13% Sell / 87% Buy, and COTI down 5.02% with 23% Sell / 77% Buy. Typical hold times range from 121 to 130 days.
TSMC reports that demand for AI chips remains significantly higher than its production capacity. This supply-demand gap highlights the strong growth potential in the AI semiconductor market. As a result, investors see Nvidia, a leading AI chipmaker, ...
Ether (ETH) briefly fell below $2,400 before closing at $2,423.54, driven by continued net outflows from U.S. spot Ether exchange-traded funds (ETFs), which have seen outflows in 13 of 14 sessions since late September. Despite these outflows, exchang...
Bitcoin saw the largest inflows and outflows among cryptocurrencies, attracting $27.32 million while also recording $18.63 million in withdrawals. Zcash ranked third in inflows with $11.19 million, behind Bitcoin and Ether. Other notable inflows incl...
On October 17, multiple cryptocurrencies reached new all-time highs and lows, reflecting volatile market conditions. Tokens like Quack AI (Q) and Hive Dollar (HBD) set new highs, significantly rising from their historical lows by over 700%. Conversel...
Bitcoin held on exchanges showed net inflows over one and seven days, but the 30-day balance continued to decline, indicating ongoing monthly outflows. Major exchanges like Coinbase Pro, Binance, and Bitfinex saw mixed inflow and outflow activity, wi...
