Year I · No. XXXIX
Weekly · Paris
Sun 27 September 2026
❦
The Crypto Chronicle · The Week in Review
Data as of 2026-09-27 08:00 UTC
Week 39
Circulation: public
International Sunday Edition
This week: Bitcoin and macroeconomics clearly dominate, ahead of geopolitical tensions (5 main themes).
In focus this week
BTC/Macro lead
ETF BTC +$134mn
S&P 500 ▲ +0.5% 24h
The Week's Editorial

Capital flows in; the market pauses to take stock

ETF flows, world indices and press sentiment: the crypto market in a single read.

▲   Section I  ·  Markets — Free to share Public edition
I
Of Cryptocurrencies
❦
◆ Market indices · Week 39 vs. 7d
MARKET CAP top 125 CMC BTC DOMINANCE BTC / total TOTAL3 excl. BTC, ETH TOTAL3ES excl. BTC, ETH, stables FEAR & GREED index 0–100
$2.94T 57.7% $914B $634B 70
20–27 SEP $2.79T → $2.94T 57.8% → 57.7% $865B → $914B $586B → $634B 71 → 70
Δ 7D ▲ +5.2% ▼ −0.1 pts ▲ +5.7% ▲ +8.2% ▼ −1.0 pts
MIN / MAX $2.79T / $3.00T 57.4% / 58.2% $865B / $921B $586B / $640B 70 / 78
◆ Top 20 cryptocurrencies (excluding stablecoins) weekly review
# Crypto Price 7d Range Week low Week high RSI 7d Week volume
1 BTC $84,436.66 ▲ +5.1% 8.1% $80,850.22 $87,395.67 62 $10.33bn
2 ETH $2,697.07 ▲ +4.5% 8.0% $2,600.15 $2,807.34 64 $4.96bn
4 BNB $772.19 ▲ +3.3% 6.7% $756.83 $807.49 61 $793mn
5 XRP $1.52 ▲ +9.8% 18.1% $1.40 $1.66 56 $2.52bn
7 SOL $120.65 ▲ +11.0% 11.1% $110.69 $122.94 65 $2.37bn
8 TRX $0.333 ▼ −1.9% 5.1% $0.3324 $0.3493 52 $211mn
9 ZEC $1,635.32 ▲ +13.0% 17.7% $1,443.25 $1,698.00 78 $2.38bn
10 HYPE $93.70 ▲ +3.6% 9.1% $89.88 $98.04 67 $314mn
11 DOGE $0.09609 ▲ +12.5% 21.4% $0.08722 $0.1059 52 $945mn
12 LINK $14.13 ▲ +17.4% 20.3% $12.06 $14.50 64 $337mn
14 ADA $0.252 ▲ +13.8% 17.1% $0.2266 $0.2654 53 $351mn
15 LEO $9.04 ▲ +1.5% 7.6% $8.69 $9.36 42 $102k
16 XLM $0.2145 ▲ +12.6% 15.7% $0.1957 $0.2265 55 $214mn
17 BCH $332.17 ▲ +34.7% 46.6% $250.00 $366.40 53 $338mn
18 NEAR $5.02 ▲ +44.2% 33.1% $3.92 $5.21 80 $1.77bn
19 UNI $9.77 ▲ +11.8% 28.6% $8.51 $10.94 74 $780mn
20 LTC $71.56 ▲ +25.6% 29.0% $58.16 $75.00 66 $410mn
21 CC $0.1366 ▲ +29.7% 32.8% $0.1059 $0.1406 53 $45mn
23 SUI $1.17 ▲ +41.7% 35.9% $0.8959 $1.22 58 $860mn
24 AVAX $10.75 ▲ +11.9% 18.4% $9.97 $11.80 59 $388mn

Method: current price and 7-day change from CoinMarketCap (real time). Weekly min/max, range and volume are computed from Binance daily candles over the last 7 days — the current price may therefore sit outside that range after a very recent move. Range = (max − min) / min, in %. 7-day RSI uses Wilder's formula (period 14) on weekly candles (or aggregated daily candles when unavailable). Top 20 by market capitalisation, excluding stablecoins. Cryptocurrencies not listed on Binance are shown as “—”.

Context
◆ Neutral sentiment — analysis based on the international press of the past 48 hours.
Sources CoinMarketCap.com (prices, volumes, market capitalisation)  ·  alternative.me (Fear & Greed Index)  ·  TradingView (Total3 / Total3ES definitions)
II
Of World Markets
❦
Quotes as of 27 September 2026 at 06:15 (Paris time).
NORTH AMERICA.
S&P 500 7,743 ▲ +0.5%
Nasdaq Comp. 30,608 ▲ +0.4%
Dow Jones 51,829 ▲ +0.9%
◆
EUROPE.
CAC 40 FR 8,078 ▼ −0.0%
DAX 40 DE 25,409 ▲ +0.6%
Euro Stoxx 50 6,303 ▲ +0.5%
ASIA-PACIFIC.
Nikkei JP 66,364 ▲ +1.3%
Hang Seng HK 24,510 ▼ −1.0%
SSE Comp. CN 3,888 ▼ −1.2%
KOSPI KR 7,081 ▲ +0.9%
◆
LATIN AMERICA.
IBOVESPA BR 183,477 ▼ −0.3%
IPC Mexico MX 64,992 ▲ +1.1%
EMERGING MARKETS.
Sensex IN 73,896 ▲ +0.4%
JSE Top 40 ZA 6,792 ▼ −0.3%
Exchange
rates
session
EUR / USD
1.1401
▲ +0.2%
GBP / USD
1.3253
▲ +0.3%
CHF / USD
1.2073
▼ −0.1%
JPY / USD
0.006362
▲ +1.0%
USD / EUR
0.8771
▼ −0.2%
USD / GBP
0.7545
▼ −0.3%
USD / CHF
0.8283
▲ +0.1%
USD / JPY
157.19
▼ −1.0%
Reading
On the financial press agenda this week: Bitcoin · macroeconomics · geopolitical tensions · regulation · altcoins.
The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.
— Satoshi Nakamoto, anonymous creator of Bitcoin (active 2008–2011)
III
Of Institutional Flows
❦
◆ Verdict · Friday 25 September session
Bullish conviction.
Bitcoin draws $134mn as its price rises 0.54%: conviction holds. Among altcoins, flows follow the move (−2.80% to +0.34%).
 
 
FLOWS
PRICE 24H
BTC
12 ETF
+$134mn
+0.54%
ETH
11 ETF
+$87mn
+0.34%
SOL
9 ETF
+$87mn
−0.01%
XRP
5 ETF
+$23mn
−2.80%
DOGE
3 ETF
+$1mn
−1.82%
Net total: +$332mn  ·  40 spot ETFs  ·  AUM $129.9bn
Sources SoSoValue.com (reported flows, assets under management)  ·  CoinMarketCap.com (24-hour change in the underlying)
◆ Who holds what · CFTC report

No unusual moves this week.

Ether: Leveraged Funds short at 35% of open interest, mid-range by historical standards.

Bitcoin: Leveraged Funds short at 36% of open interest, mid-range by historical standards.

A net short does not signal a bearish view: most often it reflects hedging, or arbitrage between the spot and futures markets.

Source CFTC.gov — positions as of 22 September 2026, published 25 September 2026

IV
Of Technical Signals
❦
◆ The week in review · 27 September

The week that opened with Bitcoin clearing $86,000 and a broad panel of assets in overbought territory closed with Bitcoin at $84,402, a seven-day change of minus 0.01 per cent, and weekly volume down 43.6 per cent against the prior week. The price, in the end, went almost nowhere. The volume tells the more consequential story.

A contraction of that magnitude in trading activity is not a routine ebb. It describes a market that, having moved with purpose the week before, chose restraint. Bitcoin's Bollinger position — latest price at $84,402, comfortably within the corridor bounded by $78,385 and $88,354, with the 20-day average at $83,370 — confirms the picture: no break in either direction, no signal of extension, a market holding its ground without pressing further.

Against that stillness, the ETF flows stand in notable contrast. Bitcoin-linked funds recorded net inflows of $2,386mn over the week, Ethereum products a further $690mn, for a combined $3,076mn — a figure that, in any prior week of comparable volume, might have been expected to move prices more decisively. Institutional capital continued to arrive; it found a market that absorbed it quietly.

The week's sharpest moves came from within the top twenty by market capitalisation. BCH advanced 31.3 per cent and NEAR 20.8 per cent; LINK added 12.7 per cent. These were not the gains of a broad rally but of a selective rotation, assets moving in isolation while the market's centre of gravity held still. TRX, by contrast, declined 2.9 per cent — the only significant loss among the larger names.

The editorial barometer moved from 56.1 to 56.9, neutral throughout. That reading, set beside the volume contraction and the range-bound price, captures the week's essential character: not a pause born of anxiety, but one that follows exertion — a market that has reached a level and is, for now, taking the measure of it.

◆ Bitcoin · technical map · 1W · 52 weeks · 27 September
RSI 70 · $99,482RSI 50 · $75,598RSI 30 · $39,974$84,402SepNovJanMarMayJulSep
RSI 70 (overbought)RSI 50 (neutral)RSI 30 (oversold)
◆ Weekly RSI map · Top 10weekly position · daily target prices
Weekly RSI · oversold / overbought pricesgap vs MA200305070MA200BTC$68,246$86,752$84,40261.5+18.7%ETH$2,112$2,801$2,69663.7+28.3%BNB$627.46$817.10$771.8161.3+21.6%XRP$1.00$1.72$1.5256.0+18.5%SOL$75.72$124.52$120.5864.9+41.9%›TRX$0.3215$0.3594$0.332852.1+0.7%ZEC$451.99$1,716$1,63578.3+187.4%›HYPE$63.35$100.44$93.2467.2+58.1%›DOGE$0.06084$0.1088$0.0960952.1+9.3%LINK$7.73$14.45$14.1164.4+50.3%›
◆ Weekly performance · Top 107-day price change
7-day performance · sorted best → worst0%−14%+14%LINK+12.7%DOGE+10.1%SOL+8.5%ZEC+8.3%XRP+7.5%BTC+4.0%ETH+1.9%BNB−0.1%HYPE−0.5%TRX−2.9%
The week in motion · weekly RSIheating upcoolingsteady (faded)last weekthis weekZEC 77HYPE 68ETH 63BNB 61SOL 61LINK 60BTC 59TRX 58XRP 52DOGE 4878 ZEC +1.767 HYPE65 SOL +3.964 LINK +4.764 ETH +1.162 BTC +2.861 BNB56 XRP +3.652 DOGE +4.652 TRX −5.9in colour: the cryptos that moved · in grey: the steady ones, set back
Analysis based on the international press of the past 48 hours.