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Review the October 5-11 market highlights, from Fed minutes to Bitcoin ETF flows, and connect the market context with KriptoK League.
Week covered: October 5-11, 2026. Prepared on October 13, 2026.
The latest Federal Reserve minutes, fresh inflation signals and a week of Bitcoin ETF outflows give traders three developments to assess before the next US inflation reports. This edition follows what changed in the information available to markets, why it matters and what comes next.
The economic releases below describe September, while the ETF figures cover the five US trading sessions from October 5 to October 9. Keeping those dates separate matters: a release can be new even when the activity it describes happened weeks earlier.
What happened: On October 7, the Federal Reserve published the minutes of its September 15-16 meeting. At that meeting, policymakers had raised the federal funds target range by 0.25 percentage point to 3.75%-4.00%. The minutes showed that most participants considered another increase likely to be appropriate before year-end, while emphasizing that future decisions would depend on incoming information. Read the September FOMC minutes.
Why it matters: The October publication provided more detail about an earlier decision; it was not a new rate hike. Our interpretation is that the discussion keeps inflation data central to the policy outlook. For crypto and equity traders, the useful question is whether later releases strengthen or weaken the reasoning behind that discussion, rather than assuming a future increase is already decided.
The minutes also have a cutoff: they reflect information available during the September meeting. Treating them as the Fed’s assessment of every subsequent development would overstate what the document tells us.
What to watch next: The next scheduled FOMC meeting is October 27-28. Before then, new inflation data will add information that was unavailable at the September meeting. Federal Reserve meeting calendar.
What happened: The September ISM Services PMI, released on October 5, registered 54.9, down from 55.4 in August but still above the 50 threshold that indicates sector expansion. Its Prices Index rose from 72.6 to 74.0, the highest reading since July 2022. ISM September services report.
Two days later, the New York Fed reported that consumers’ median one-year inflation expectations rose to 3.9% in September, from 3.6%. Three-year expectations increased to 3.3%, while five-year expectations remained at 3.0%. New York Fed September survey.
Why it matters: These measures describe different things. ISM surveys businesses about conditions and costs; the New York Fed asks households what they expect. Neither is the actual consumer inflation rate. In particular, an ISM Prices Index of 74 does not mean prices increased by 74%.
Our reading is that the combination gives traders a reason to examine the next inflation release closely. It does not establish what that release will show, or how the Fed will respond.
What to watch next: Compare these survey signals with the September CPI and PPI releases. A single headline should not be treated as interchangeable with the details behind it, including monthly changes and measures excluding food and energy.
What happened: Farside Investors’ daily table shows combined net outflows of $678.9 million from US Bitcoin ETFs over October 5-9. That total is our sum of the five daily figures. October 7 recorded the largest net outflow at $484.9 million; October 9 ended with a $21.1 million net inflow. Farside Bitcoin ETF flow data.
Why it matters: The total describes flows through this particular investment channel. It is not a measure of all Bitcoin buying and selling, and it does not identify one cause for a price move. Friday’s positive figure also did not erase the outflows earlier in the week.
Our interpretation is that the weekly total provides useful context for demand through US ETFs, while the daily pattern shows why one positive or negative session can give an incomplete picture.
What to watch next: Whether subsequent sessions sustain inflows or return to outflows. The direction and persistence of the sequence will be more informative than treating a single day as a confirmed trend change.
As of October 13, the Bureau of Labor Statistics lists:
These are scheduled releases, not results. Check the official BLS October calendar for updates.
For readers following these developments through perpetual markets, our guide to perpetuals, funding and liquidation explains the contract mechanics that sit alongside the market story.
The Fed, inflation and ETF figures provide context for the markets League traders follow. In KriptoK League, rankings reflect percentage return, so a view on market direction is only part of the picture. Position size, entry and exit prices, fees and funding all affect the performance you track.
If you follow these markets from your phone, our guide to using Hyperliquid on mobile with KriptoK explains the trading workflow. The KriptoK League guide explains how qualifying activity, ROI and season points fit together.
Explore KriptoK League and the current leaderboard to follow the competition. Review the current round rules before taking part.
This recap is informational and is not a trading recommendation. Figures reflect the linked sources available on October 13, 2026; source data and release schedules may be revised.