Daily Markets Brief: October 25, 2026

BTC/USD: $80,260 (-0.63% over 24h). Day range: $79,121 - $80,919. 24h volume: 1,816 BTC.

Macro snapshot

• S&P 500: 7,757.17 (as of 2026-10-21)
• 10-Year Treasury: 4.96% (as of 2026-10-22)
• SOFR: 3.90% (as of 2026-10-22)
• Prime Rate: 6.75% (as of 2025-12-11)

Take: Equities holding near 7,757 with the 10-year at 4.96%: markets are pricing growth but paying up for duration risk. Watch rates for the near-term direction of risk assets.

What we are reading

• Biotech stocks are surging. How investors can play the new drug innovation boom
• What next for France as riots rattle markets? Three questions facing investors ahead of more protests
• America by the numbers: How voters feel about the economy, inflation, AI and Trump
• Worried about this stock-market selloff? Relief may be coming after the midterms — no matter who wins.
• ‘Nonanswers’ aren’t working. This is what investors really need from the Fed.

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