Bitcoin

Bitcoin trades about a third below its peak

Bitcoin is a digital currency whose payments are recorded on a shared network. New coins enter circulation through mining, with a maximum supply of 21 million. At 01:46 UTC on 13 October 2026, CoinGecko priced it at $82,281, with a market value of $1.65 trillion. That was about 35% below its $126,080 record of 6 October 2025.

Price, fund demand and network activity measure different things. A falling price shows that buyers and sellers have agreed a lower valuation. To understand the change, readers can compare investment flows, interest rates and the network’s usage rather than assign the whole move to one cause.

Bitcoin funds gained $21.1m on 9 October

US spot Bitcoin exchange-traded funds recorded $21.1m in net inflows on 9 October 2026, according to Farside Investors. BlackRock’s IBIT received $22.4m, VanEck’s HODL received $2.3m and Fidelity’s FBTC lost $3.6m. Cumulative net inflows since launch stood at $57.18bn.

Farside’s 12 October row was still incomplete when checked on 13 October. The latest fully reported week, 5 to 9 October, still ended with $678.9m in net outflows. Daily flows can change direction quickly; several sessions give a clearer picture of fund demand. Our Bitcoin ETF guide explains how fund shares connect investors to the underlying coins.

Strategy now holds 848,250 BTC

Strategy reported 848,250 BTC held on 11 October 2026 in its 12 October update. It bought 250 BTC during 5–11 October for $21.5m, at an average of $86,194 including fees and expenses. Its total acquisition cost was $64.00bn.

At the dated $82,281 market price above, those holdings were worth about $69.79bn. That comparison values the coins alone. A shareholder also has to account for the company’s debts, preferred shares, cash and operating business. The treasury-company guide explains those differences.

The next Federal Reserve decision is on 28 October

The Federal Reserve’s next scheduled meeting is 27 and 28 October 2026, according to its calendar. On 16 September it raised the federal funds target range to 3.75–4%, with all twelve voters supporting the increase.

Interest rates affect the return available on cash and government debt, and therefore the choices facing investors in Bitcoin. The figures to follow are the next rate decision, completed ETF trading days and companies’ filed purchases or sales. Each has a dated public record; none determines the next Bitcoin price on its own.