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Murad Claims Crypto Bull Cycle Yet to Begin as Bitcoin Trades Near $82K

Meme coin investor Murad asserts the crypto bull market is still in its early stages, citing Bitcoin's price and ETF inflows.

Meme coin investor Murad asserts the crypto bull market is still in its early stages, citing Bitcoin's price and ETF inflows. Bitcoin (BTC) is trading at ₹78,59,524 ($82,736.00), up 0.2% since this brief published. This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Wed, 21 Oct 2026 07:15:01 UTC.

Why it matters

Murad's claim highlights the ongoing debate about the crypto market's trajectory, with significant ETF inflows suggesting strong institutional interest that could drive further growth.

Key takeaways
  • Murad believes the crypto bull cycle is still in its early stages.
  • Bitcoin ETF inflows hit $526.7M, indicating strong institutional interest.
  • Bitcoin trades near $82,570, maintaining recent price momentum.

Meme coin investor Murad has stated that the cryptocurrency bull market has not yet reached its peak, with Bitcoin currently trading near the $82,570 mark. This assertion comes at a time when the market is showing signs of strength, supported by substantial inflows into U.S. spot Bitcoin exchange-traded funds.

According to the report, these ETFs recorded daily inflows of $526.7 million, highlighting significant institutional interest in Bitcoin. Such inflows are often seen as a bullish indicator, suggesting that large investors are increasingly allocating capital to the cryptocurrency.

Murad's claim that the bull cycle is still in its early stages contrasts with some other market analyses that suggest Bitcoin may be nearing a temporary peak. However, the strong ETF inflows and Bitcoin's recent price performance lend credence to the idea that the market could have further room to grow.

The broader cryptocurrency market is also experiencing a positive trend, with the total market capitalization now standing at $2.83 trillion. This upward movement is reflected in Bitcoin's 24-hour price increase of 1.19%, although it has seen a slight 1.30% dip over the past week.

The Fear & Greed Index currently stands at 63, indicating a 'Greed' sentiment among investors. This level suggests a positive market outlook, but it also raises the question of whether the market might be overheating.

Market reaction since this brief Live

Since this brief published about 12 hours ago, Bitcoin (BTC) has moved from ₹78,43,754.99$82,570.00 to ₹78,59,524.19$82,736.00 — +0.20%.

$82,547$82,600$82,653$82,706$82,759 published · $82,570 now · $82,736 (+0.20%) Oct 20 19:27 UTC Oct 21 07:15 UTC
BeforeSince publishPublished · ₹78,43,754.99$82,570.00

The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

Prediction-market odds snapshot

Will Bitcoin dip to $50,000 by December 31, 2026?

Yes 8%

Crowd-implied probability on Polymarket, ₹15.88M 24h volume, resolves Jan 1 — snapshotted when this brief published (Oct 21 06:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗

What this means in rupee

At today's peer-to-peer rate, 1 BTC ≈ ₹8.63M (about $82,736.00), up 1.3% over 24 hours. The rupee itself trades about 9.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#1
₹78,59,524.19$82,736.00 ▲ 1.27%
+0.20% since this brief published
7d -0.82%MCap ₹157.97TFull BTC data →
The market when this published · October 20, 2026
Total market cap₹269.17T
Bitcoin 24h+1.19%
Ethereum 24h+1.82%
BTC dominance58.6%
Fear & Greed63 · Greed

Murad Claims Crypto Bull Cycle Yet to Begin as Bitcoin Trade — questions & answers

What is Murad's view on the current crypto bull cycle?

Murad believes the crypto bull cycle is still in its early stages.

How much have Bitcoin ETFs received in daily inflows?

Bitcoin ETFs recorded $526.7 million in daily inflows.

What is the current price of Bitcoin?

Bitcoin is trading near $82,570.

How much is 1 Bitcoin worth in rupee today?

About ₹8.63M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $82,736.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.

Has Bitcoin's price moved since this brief was published?

BTC is up 0.20% since this brief first published — trading at ₹78,59,524 ($82,736.00) now versus ₹78,43,755 ($82,570.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 21, 2026 ⛓ Timestamped at Bitcoin block #972,427 sha256:42219ee30f91a639
Based on reporting by Crypto.news — this is an original Token Times summary with live market data, not the original article.Crypto.news · Oct 20 19:27 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.