US Finalizes Stablecoin Rules, Bitcoin Slips Amid ETF Flows Reversal
This week's crypto market saw major regulatory developments, Bitcoin's downturn, and Solana's network upgrade.
This week's crypto market saw major regulatory developments, Bitcoin's downturn, and Solana's network upgrade. Bitcoin (BTC) is trading at ₹76,54,619 ($80,544.00). This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Sat, 24 Oct 2026 10:00:01 UTC.
The finalized stablecoin rules under the GENIUS Act mark a significant step in US crypto regulation, while Bitcoin's price reaction highlights sensitivity to ETF flows and macroeconomic factors. Solana's upgrade aims to enhance network performance and scalability.
- US regulators finalized stablecoin rules under the GENIUS Act
- Bitcoin price dropped 1.33% amid ETF flow reversal
- Solana activated Alpenglow upgrade to improve network performance
- Market remains in Neutral territory with Fear & Greed at 51
This week, US regulators took a significant step in crypto regulation by finalizing stablecoin rules under the GENIUS Act. This development comes amid ongoing efforts to establish clear regulatory frameworks for digital assets in the United States.
Bitcoin experienced a downturn, with its price dropping 1.33% over the past 24 hours to $48,060. The reversal in ETF flows appears to have contributed to this decline, reflecting the asset's sensitivity to institutional investment trends.
Solana activated the Alpenglow upgrade, which aims to enhance network performance and scalability. This upgrade is part of Solana's ongoing efforts to address previous network issues and improve its competitive position in the smart contract platform space.
The broader crypto market remains in a state of consolidation, with the total market cap at $2.76 trillion. 
Ethereum also saw a decline of 1.59% over the past day, while Solana's SOL token dropped 2.58% to $101.8.
The overall market sentiment remains Neutral, with the Fear & Greed index at 51. This indicates that while there is some caution, investors are not yet in a state of extreme fear despite recent market fluctuations.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹76,60,511.47$80,606.00 to ₹76,54,619.21$80,544.00 — -0.08%.
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.
Will Bitcoin dip to $80,000 October 19-25?
Crowd-implied probability on Polymarket, ₹7.43M 24h volume, resolves Oct 26 — snapshotted when this brief published (Oct 24 09:05 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 ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.26M (about $80,544.00), down 1.2% over 24 hours. The rupee itself trades about 7.9% 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 assets in this story — live, source-stamped, updated every 15 minutes.
US Finalizes Stablecoin Rules, Bitcoin Slips Amid ETF Flows — questions & answers
What are the new stablecoin rules under the GENIUS Act?
The exact details of the rules have not been fully disclosed, but they represent a significant regulatory development for the crypto industry.
Why did Bitcoin's price drop?
Bitcoin's price declined due to a reversal in ETF flows, indicating potential shifts in institutional investment sentiment.
What is the Alpenglow upgrade for Solana?
The Alpenglow upgrade is designed to improve Solana's network performance and scalability, addressing previous technical challenges.
How much is 1 Bitcoin worth in rupee today?
About ₹8.26M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $80,544.00. 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 down 0.08% since this brief first published — trading at ₹76,54,619 ($80,544.00) now versus ₹76,60,511 ($80,606.00) 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.
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.