Hotcoin TradFi Daily Asset Report — October 24, 2026

U.S. Market: Rising Oil Broadened the Market Pullback

On October 23, the S&P 500 fell 0.52%, the Dow lost 1.23%, the Nasdaq slipped 0.21% and the Russell 2000 declined 0.29%. The VIX rose to 19.45. Brent crude moved above $116 a barrel, intensifying concern about energy costs and persistent inflation. Selected AI shares rebounded, but that strength could not offset pressure across financial, industrial and consumer stocks. The market’s focus is shifting from technology valuation alone toward oil, rates and earnings quality.

Hotcoin Movers: Cybersecurity Strength Met Continued AI-Infrastructure Dispersion

At the 10:38 CST Hotcoin snapshot, CRDOB fell 10.16% and BEB dropped 9.33%, while CRWDB gained 8.17% in spot trading. In perpetuals, UNITREEUSDT rose 20.55%, CRDOUSDT declined 10.35% and BEUSDT lost 9.29%. At the October 23 U.S. close, MARA fell 3.17% and COIN declined 2.75%. The U.S. cash market is closed for the weekend, but Hotcoin’s rolling market data still shows rapid thematic rotation and elevated two-way volatility.

Weekend Outlook: The Fed, Inflation and Big Tech Set Next Week’s Direction

The U.S. cash market is closed today. Monday brings the Chicago Fed National Activity Index, the Dallas Fed manufacturing survey and Verizon earnings. Attention then shifts to the October 28 Federal Reserve decision and the October 29 advance GDP and PCE releases. Results from Microsoft, Alphabet and Amazon will directly test the economics of AI investment. If oil continues higher, resilient growth may still reinforce rate pressure and limit the rebound in high-valuation assets.