According to Fixygen, the global cryptocurrency market ended the week of October 19–25, 2026, with most major digital assets trading lower. Bitcoin fell to $80,000, Ethereum lost nearly 4% over seven days, and the total market capitalization stood at approximately $2.8 trillion.
The main factors driving these trends were volatile capital flows into U.S. cryptocurrency ETFs, heightened geopolitical uncertainty, and anticipation of the next U.S. Federal Reserve meeting.
According to CoinPaprika, as of October 25 at 10:00 UTC, Bitcoin (BTC) was trading at around $80,250, down 2.1% over the past seven days. Ethereum (ETH) was trading at $2,326 thousand, down 3.8%, while Solana (SOL) was trading at around $100.9, down 2.9% for the week.
Among other major cryptocurrencies, BNB rose by approximately 2% to $736.9, while XRP fell by 0.3% to $1.294. Dogecoin dropped by 3.6% to $0.0765, and Chainlink fell by 5.7% to $11.32.
The total market capitalization of the cryptocurrency market, according to CoinPaprika’s methodology, stood at approximately $2.81 trillion as of Sunday morning. Trading volume over the previous 24 hours reached $79.4 billion, and Bitcoin’s share of the total market value was estimated at 57.5%.
Meanwhile, the Fear & Greed Index stood at 54 points out of 100, indicating a neutral market sentiment. This figure suggests that neither optimistic nor pessimistic sentiment is clearly dominant, despite the decline in prices.
Bitcoin started the week near the $82,000 mark and, during the first trading days, attempted to recover from the decline that occurred in mid-October amid higher-than-expected U.S. inflation figures.
On October 21, BTC prices approached $85,000 but failed to break through that level. A subsequent correction pushed the cryptocurrency back to around $82,000, and the decline continued through the weekend.
On October 24, Bitcoin fell to approximately $80,400, after which the market attempted to stabilize.
As a result, by October 25, the leading cryptocurrency was once again near the psychologically significant $80,000 level. After two weeks of volatile price action, investors continue to assess the prospects for a recovery in institutional demand.
Ethereum showed weaker weekly performance compared to Bitcoin. The decline in ETH was accompanied by an outflow of funds from specialized exchange-traded funds, while investors in Bitcoin ETFs maintained a positive investment balance at the end of the trading week.
Solana also fell in price, despite the implementation of one of the most significant network upgrades in recent years.
One of the most important indicators of the week was the performance of U.S. spot exchange-traded funds investing in cryptocurrencies. According to data from Farside Investors, over the five trading days from October 19 to 23, net inflows into spot Bitcoin ETFs totaled approximately $301.2 million.
By comparison, during the previous week, October 12–16, investors withdrew approximately $228 million from these funds.
However, significant fluctuations were observed during the reporting period.
On October 19, net inflows into Bitcoin ETFs totaled $526.7 million; on October 20, $23.2 million; and on October 21, $524.8 million.
Over the next two days, the direction of the flows reversed. On October 22, investors withdrew $635.6 million, and on October 23, another approximately $137.9 million.
Thus, the positive weekly result was driven primarily by large inflows on Monday and Wednesday, which offset significant outflows in the second half of the week.
From October 19–23, approximately $220.7 million was withdrawn from U.S. spot Ethereum ETFs. Negative results were recorded on four out of five trading days, with the largest outflow occurring on October 22, when investors withdrew $110.6 million.
According to Fixygen, the global cryptocurrency market ended the week of October 19–25, 2026, with most major digital assets trading lower. Bitcoin fell to $80,000, Ethereum lost nearly 4% over seven days, and the total market capitalization stood at approximately $2.8 trillion. The main factors driving these trends were volatile capital flows into U.S. cryptocurrency ETFs, heightened geopolitical uncertainty, and anticipation of the next meeting of the U.S. Federal Reserve.
According to CoinPaprika, as of October 25 at 10:00 UTC, Bitcoin (BTC) was trading at around $80,250, down 2.1% over the past seven days. Ethereum (ETH) was trading at $2,326 thousand, down 3.8%, while Solana (SOL) was trading at around $100.9, down 2.9% for the week.
Among other major cryptocurrencies, BNB rose by approximately 2% to $736.9, while XRP fell by 0.3% to $1.294. Dogecoin dropped by 3.6% to $0.0765, and Chainlink fell by 5.7% to $11.32.
The total market capitalization of the cryptocurrency market, according to CoinPaprika’s methodology, stood at approximately $2.81 trillion as of Sunday morning. Trading volume over the previous 24 hours reached $79.4 billion, and Bitcoin’s share of the total market value was estimated at 57.5%.
Meanwhile, the Fear & Greed Index stood at 54 points out of 100, indicating a neutral market sentiment. This figure suggests that neither optimistic nor pessimistic sentiment is clearly dominant, despite the decline in prices.
Bitcoin started the week near the $82,000 mark and, during the first trading days, attempted to recover from the decline that occurred in mid-October amid higher-than-expected U.S. inflation figures.
On October 21, BTC prices approached $85,000 but failed to break through that level. A subsequent correction brought the cryptocurrency back down to around $82,000, and the decline continued through the weekend.
On October 24, Bitcoin fell to approximately $80,400, after which the market attempted to stabilize.
As a result, by October 25, the leading cryptocurrency was once again near the psychologically significant $80,000 level. After two weeks of volatile price action, investors continue to assess the prospects for a recovery in institutional demand.
Ethereum showed weaker weekly performance compared to Bitcoin. The decline in ETH was accompanied by outflows from specialized exchange-traded funds, while investors in Bitcoin ETFs maintained a positive investment balance at the end of the trading week.
Solana also fell in price, despite the implementation of one of the most significant network upgrades in recent years.
One of the most important indicators of the week was the performance of U.S. spot exchange-traded funds investing in cryptocurrencies. According to data from Farside Investors, over the five trading days from October 19 to 23, net inflows into spot Bitcoin ETFs totaled approximately $301.2 million.
By comparison, during the previous week, October 12–16, investors withdrew approximately $228 million from these funds.
However, significant fluctuations were observed during the reporting period.
On October 19, net inflows into Bitcoin ETFs totaled $526.7 million; on October 20, $23.2 million; and on October 21, $524.8 million.
Over the next two days, the direction of the flows reversed. On October 22, investors withdrew $635.6 million, and on October 23, another approximately $137.9 million.
Thus, the positive weekly result was driven primarily by large inflows on Monday and Wednesday, which offset significant outflows in the second half of the week.
From October 19–23, approximately $220.7 million was withdrawn from U.S. spot Ethereum ETFs. Negative results were recorded on four out of five trading days, with the largest outflow occurring on October 22, when investors withdrew $110.6 million.
More than 16 billion hryvnias have already been spent on improving the capital’s resilience since the beginning of 2026, compared to 2 billion hryvnias last year, and another 4.5–5 billion hryvnias are planned to be spent by the end of this year, said Oleksandr Kharchenko, director of the Center for Energy Research.
“This is effectively a tenfold increase in investment, and these investments are specifically in security measures. This includes protecting high-voltage substations, providing backup power for essential sewer systems, and providing backup power for heating systems,” he said during a discussion titled “Ukraine on the Threshold of Winter: Energy, Defense, and the New Diplomatic Reality” at the Interfax-Ukraine news agency on Friday.
At the same time, according to the expert, the city needs an additional approximately EUR1.5 billion to carry out the necessary work to improve resilience.
As he noted, this year’s preparations for the heating season in Kyiv were funded primarily by the local budget, while the central budget’s share amounted to only about 10%.
“The national budget is not in very good shape right now, and payments in treasury accounts were frozen for over a month, which dealt a severe blow to all local authorities and to winter preparations as well,” explained the director of the Center for Economic Development.
As a result, some of the equipment that the city had planned to install by November or December will have to be put into operation later due to the four-week delay.
As Kharchenko recalled, in January 2026, all of Kyiv’s local power generation capacity was destroyed. In other words, Kyiv—with consumption of approximately 2 GW at a temperature of -10°C, and consumption of 1.2 GW under the current weather conditions in Ukraine—had 1.3 GW of domestic generating capacity until January 2026.
“In January 2026, these facilities were physically destroyed. What does this lead to? It leads precisely to the effects that are currently causing great distress among Kyiv residents,” explained Kharchenko.
In the absence of power generation in the city, the metro shuts down and switches to backup power, and the water utility’s pumping stations also shut down and switch to backup power—which, under such operating conditions, cannot provide full service.
However, according to the expert, despite this, the city has currently secured its key systems against man-made accidents and strategic technological issues.
“But it’s one thing to maintain water pressure in the water mains—which allows water to circulate through the pipes, fill reservoirs, and support basic infrastructure—and quite another to deliver pressure, say, to Pechersk or certain other districts located on hills,” he added.
This cannot be achieved without the operation of the main power supply lines at the water utility’s facilities.
“Therefore, certain inconveniences this winter are almost inevitable,” the expert concluded.
According to Kharchenko, in most cities it is impossible—due to engineering and regulatory factors—to implement technical projects aimed at improving energy resilience in a single season lasting seven to eight months; this would take two to three years.
“First, you spend seven to eight months on paperwork—even if you have the money—and then you start building something. This applies to everything: installing backup power supplies, backup generators, decentralized cogeneration plants—absolutely everything,” he explained.
According to the director of the Center for Energy Efficiency (CEE), Kyiv, in particular, needs approximately another EUR1.5 billion to do everything necessary to ensure the city’s resilience. Nationwide, the need could amount to 250–300 billion UAH per year for at least the next two years.
energy resilience, HEATING SEASON, INVESTMENTS, Kharchenko, KYIV, POWER GENERATION
In September 2026, Ukrainian citizens purchased 158 residential properties in Turkey, a 7.5% increase from August; however, they dropped from second to fifth place among foreign buyers. Russians retained their lead, increasing the number of purchases over the year by 45.3% to 388 properties, according to data from the Turkish Statistical Institute (TÜİK) published on October 16.
In September, Russian citizens purchased 388 apartments and houses, compared to 343 in August and 267 in September of last year. Thus, the number of transactions rose by 13.1% over the month and by 45.3% year-over-year. Russian buyers accounted for approximately 17.9% of all residential property sales to foreigners.
Iraqi citizens ranked second among foreign buyers with 166 properties purchased, followed by Germany in third place with 162. Next came Iran with 159 properties and Ukraine with 158. China ranked sixth, with its citizens purchasing 124 properties.
Despite dropping in the rankings, Ukrainian buyers have increased the number of transactions for the third consecutive month. In July, they purchased 145 properties; in August, 147; and in September, 158. The share of Ukrainians among all foreign homebuyers in Turkey in September was 7.3%, down from 7.6% in August.
A total of 2,167 residential properties were sold to foreign citizens in September, which is 9.9% more than during the same period last year. Compared to August, when foreigners purchased 1,938 properties, this represents an 11.8% increase.
However, over the first nine months of 2026, the number of apartments and houses purchased by foreigners decreased by 4.3% compared to the same period in 2025, totaling 15,308 properties. Foreign buyers accounted for 1.5% of the total number of transactions in September.
The domestic Turkish real estate market continues to decline. In September, 142,390 residential properties were sold in the country, which is 9.3% less than a year earlier. Sales of new homes rose by 3.9% to 51,519 units, while the number of transactions in the resale market fell by 15.3% to 90,871.
From January through September, total housing sales in Turkey amounted to 1.093 million units, a 7.2% decrease compared to last year.
Ukrainians remain one of the largest groups of foreign buyers of Turkish real estate. By the end of 2025, Ukrainian citizens had purchased 1,541 residential properties, ranking third behind Russians, who bought 3,649 properties, and Iranians, with 1,878 purchases. In 2024, Ukrainians purchased 1,631 properties.
As previously reported by Open4Business, in August 2026, approximately 78% of all residential property purchases by Ukrainian citizens in Turkey took place in the province of Antalya. There, Ukrainians purchased 114 out of 147 properties, while Russians purchased 226. Overall, Istanbul, Antalya, and Mersin remained the largest hubs for foreign purchases in August.
According to the international real estate agency Homium, the average budget for a Ukrainian buyer of real estate in Turkey in 2025–2026 is $100,000–$200,000. The main interest is focused on Antalya, Alanya, Istanbul, and other cities along the Mediterranean coast.
Thus, the September statistics indicate a revival in foreign demand for Turkish real estate against the backdrop of an overall contraction in the domestic market.
Net inflows from non-residents for real estate purchases in Egypt for the 2025/2026 fiscal year, which ended on June 30, increased by 47.4% compared to the previous fiscal year—rising from $1.9 billion to $2.8 billion. This is according to data from the Central Bank of Egypt (CBE) published on October 12, 2026.
Thus, revenues increased by approximately $900 million over the course of the year. This positive trend is driven by growing international demand for Egyptian real estate, the development of major construction projects, and government initiatives aimed at attracting foreign capital.
However, the Central Bank’s statistics include real estate purchases by all non-residents, including foreign nationals and Egyptians permanently residing abroad. Therefore, the $2.8 billion figure cannot be attributed entirely to foreign nationals.
The growth in real estate investment has become part of an overall increase in the inflow of foreign capital into Egypt’s economy. According to Central Bank data, the net inflow of foreign direct investment in the 2025/2026 fiscal year reached approximately $18 billion, compared to $12.2 billion a year earlier.
In particular, investments in the establishment of new enterprises and capital increases for existing companies rose to $8.8 billion from $5.5 billion. Reinvested earnings increased from $4.2 billion to $6.2 billion, while net proceeds from the sale of companies and production assets to non-residents totaled $433.2 million, compared to $399.8 million a year earlier.
Large-scale real estate development projects along the Mediterranean coast, in New Cairo, and in Egypt’s new administrative capital play a significant role in attracting investment.
In May 2026, Egypt’s Ministry of Justice finalized a draft law regulating the purchase of completed real estate and undeveloped land plots by foreign nationals. Its goal is to simplify property registration procedures and make the market more accessible to foreign investors.
The government is also developing digital mechanisms for real estate purchases by foreigners, which involve processing transactions and transferring funds through Egypt’s banking system.
Against the backdrop of growing foreign demand, the authorities are paying increasing attention to the transparency of development projects, property registration, and the protection of buyers’ interests.
Unlike Turkey, where the statistics agency publishes monthly data on the number of transactions with foreigners broken down by citizenship, Egypt does not provide a comparable nationwide ranking of real estate buyers that is publicly available.
Therefore, the structure of foreign demand must be assessed based on studies by consulting firms, reports from Egyptian developers, and regional real estate agencies.
One of the largest groups of buyers consists of citizens of Gulf states, primarily Saudi Arabia, Qatar, the UAE, and Kuwait.
According to an assessment by Basem Kalila, CEO of Kalila—the company that organizes the international Nile Property Expo—published by the Egyptian publication Osoul Misr on October 1, 2026, the most active foreign buyers of Egyptian real estate are citizens of Saudi Arabia and Qatar.
Saudi buyers are showing particular interest in real estate in Egypt’s new administrative capital. Qatari citizens are primarily considering projects on the northern coast of the Mediterranean Sea, while investors from other Gulf states are actively interested in the western districts of Cairo.
It should be noted that this is a market participant’s assessment, not an official statistical ranking based on the number of registered transactions.
The second largest category of buyers consists of Europeans and citizens of former Soviet Union countries, who traditionally purchase real estate in Red Sea resorts.
According to a September 19, 2025, article in the Egyptian newspaper Al-Masry Al-Youm, representatives of the local real estate development industry cited citizens of Russia, Germany, the United Kingdom, and Italy as among the most active foreign buyers in Hurghada.
Buyers from Poland, the Netherlands, the Czech Republic, and other European countries are also showing significant interest in resort housing.
Unlike investors from the Persian Gulf, who tend to focus on large residential complexes and high-end real estate in the capital region and along the Mediterranean coast, European buyers primarily consider apartments for vacation use, long-term residence, and subsequent rental.
The main centers of this demand remain Hurghada, El Gouna, Sahl Hasheesh, and other Red Sea resort areas. Sharm el-Sheikh holds a special place, as it has specific rules governing the registration of property rights for foreigners.
Ukrainian citizens are also among the foreign buyers of Egyptian real estate, primarily in the Red Sea resorts. According to a study by Experts Club and the Relocation.com.ua project, published on September 14, 2025, Ukrainians are among the most prominent groups of buyers of resort properties in Egypt, especially in Hurghada.
According to market participants, Ukrainian citizens began actively purchasing real estate in Egyptian resorts as early as the 2010s, and after the outbreak of full-scale war in 2022, some buyers began to view Egypt not only as a tourist destination but also as a place for long-term residence.
Ukrainians are most interested in relatively affordable apartments ranging from 40 to 70 square meters, which are purchased for personal use, seasonal vacations, or rental purposes.
A study by Experts Club noted that Ukrainian buyers are primarily concentrated in the affordable price segment, while wealthier investors are looking at properties priced at $300,000 and above, particularly due to the opportunity to participate in Egypt’s investment migration programs.
However, the country’s Central Bank has not published official data on the number of properties purchased by Ukrainian citizens in Egypt during the 2025/2026 fiscal year. Consequently, it is not yet possible to determine the exact share of Ukrainians in the total volume of non-resident investments or their current standing among foreign buyers.
The program for obtaining Egyptian citizenship through investment provides, in particular, for the purchase of real estate valued at no less than $300,000, subject to compliance with the conditions set by the state. This program is designed for a specific category of investors and does not reflect the typical budget of buyers of resort apartments.
Egyptian authorities view international real estate sales as one of the tools for attracting foreign currency, increasing investment, and developing the construction sector. One of the largest markets remains the northern coast of the Mediterranean Sea, where large-scale projects involving Arab capital are being implemented.
According to Fixygen, the cryptocurrency market is ending the week of October 12–16, 2026, amid heightened volatility and declining investor interest in risky assets. Bitcoin (BTC) is trading near $82,000, while Ethereum (ETH) is trading around $2,450. The main factors putting pressure on the market were accelerating inflation in the U.S., capital outflows from cryptocurrency ETFs, and MSCI’s decision to revise the criteria for including companies that hold digital assets in international stock indices.
According to market quotes as of October 16, Bitcoin has partially recovered after falling to a four-week low of around $79,800 the previous day. Earlier in the week, the largest cryptocurrency traded mostly above $82,000, but the release of U.S. macroeconomic data intensified selling pressure.
Ethereum showed weaker performance, falling to approximately $2,440–$2,450 from $2,500 at the end of the previous week. Other major digital assets were also under pressure, notably Solana, which traded at around $105.
The most significant event for financial markets was the release on October 14 of U.S. Department of Labor data on September inflation. The Consumer Price Index (CPI) rose 0.6% month-over-month and 3.7% year-over-year. Additional pressure came from producer price data released on October 15: the PPI rose by 1.3% month-over-month, marking the largest monthly increase since March 2022. Annual producer inflation reached 6.3%.
The acceleration in inflation has heightened market participants’ concerns regarding the future policy of the U.S. Federal Reserve. For cryptocurrencies, this implies the risk of persistently high interest rates, which limit the availability of liquidity and investment demand for highly volatile assets.
This negative trend has impacted U.S. exchange-traded funds (ETFs) focused on digital assets.
According to statistics from Farside Investors, over four trading sessions from October 12 to 15, net outflows from U.S. spot Bitcoin ETFs totaled approximately $146 million. The largest outflow was recorded on October 14, when investors withdrew $261.4 million. Meanwhile, on October 13, the funds attracted $175.7 million, and on October 15, another $5.1 million.
From spot Ethereum ETFs, investors withdrew approximately $250.4 million over the same period. The largest single-day outflow occurred on October 14 and totaled $129.5 million, while on October 15, the funds lost another $60.3 million.
Thus, the total net outflow from U.S. spot Bitcoin and Ethereum funds over four trading days reached approximately $396.4 million. The results of Friday’s trading session have not yet been included in these calculations.
A notable event of the week was the decision by international index provider MSCI, announced on October 15, to change the methodology for including non-operating companies in global stock indices.
The new rules provide for the exclusion of companies whose financial characteristics make them comparable to investment funds and other passive investment structures. The changes will take effect following the November index review, which is scheduled to conclude on November 30.
Public companies whose activities are largely related to the accumulation of Bitcoin and other digital assets fall under these potential restrictions. Among them are Michael Saylor’s U.S.-based Strategy and Japan’s Metaplanet.
MSCI intends to publish the final list of affected companies on November 11. The decision itself does not mean the automatic exclusion of all companies with cryptocurrency reserves: classification will depend on established financial criteria.
According to Reuters, Strategy had previously estimated the potential volume of sales of its shares by index funds in the event of exclusion from the indices at approximately $2.8 billion. Against the backdrop of this news, the company’s shares fell by more than 4% on October 16.
Meanwhile, corporate purchases of Bitcoin continue.
U.S.-based Strive Inc., whose shares trade on the Nasdaq, announced on October 13 that it had purchased 3,311 BTC between October 5 and 9 at an average price of about $84,500. The total value of the purchase was approximately $279.8 million, and the company’s total cryptocurrency reserve increased to 32,773 BTC.
On October 14, Strive announced the additional purchase of 2,822 BTC between October 12 and 13 at an average price of $83,270. The total value of this batch is estimated at approximately $235 million.
Thus, taking into account the two announced purchases, the company’s Bitcoin reserves are estimated to have reached 35,595 BTC.
At the same time, Strive reported the exercise of stock warrants, which is expected to raise approximately $369.2 million before deducting related expenses.
These transactions indicate that demand for Bitcoin from certain public companies remains strong, even amid downward pressure on prices and a decline in investments in exchange-traded cryptocurrency funds.
At the same time, the infrastructure for servicing digital assets by traditional financial institutions is developing.
On October 16, Deutsche Bank confirmed plans to launch its first cryptocurrency custody service for institutional and corporate clients in the coming weeks. Initially, the platform will operate in Germany, after which the bank expects to expand its presence to Asia’s major financial centers by 2027.
In the initial phase, the service will focus on storing Bitcoin and Ethereum. Going forward, Deutsche Bank plans to add transactions involving stablecoins, tokenized deposits, and digital securities.
The German bank views blockchain infrastructure as a complement to traditional financial services, rather than a replacement for them.
On the regulatory front, a document published by the Commodity Futures Trading Commission (CFTC) in the U.S. Federal Register on October 13 drew particular attention; it outlines the development of comprehensive rules for certain retail transactions involving cryptoassets.
The initiative was initially announced by the regulator on October 5. It aims to establish a legal framework for cryptocurrency markets, increase transaction transparency, and protect retail investors. The public comment period for the document will run until December 14, 2026.
At this stage, the focus is on drafting regulations, not on the new requirements taking effect.
Thus, the main theme of the week was the divergence between short-term cryptocurrency price movements and the development of industry infrastructure. Bitcoin, Ethereum, and other digital assets came under pressure from macroeconomic factors, yet traditional banks continued to develop new products, and some public companies continued to expand their cryptocurrency reserves.
Next week, investors will be watching the performance of U.S. Treasury bonds, changes in expectations regarding the Fed’s interest rates, capital flows into cryptocurrency ETFs, and the implications of MSCI’s decision.
For the corporate sector, preparations for the November 11 announcement of the final list of companies that may be removed from international stock indices will be particularly important.
