Scott Melker, host of The Wolf Of All Streets podcast, highlighted Bitcoin's resilience amidst a turbulent global economic environment. On Thursday, October 22, 2026, Melker posted on X, observing that while various crises unfold, Bitcoin maintains its position. He wrote, "Internet is in shambles, websites coming down after PHP disaster, AI exploiting everything, Chinese and Asian stocks crashing, oil at cycle highs, war escalating, French yields parabolic etc… And Bitcoin is just kinda hanging out in the 80s, doing its own thing."
Melker's observation comes as institutional interest in Bitcoin continues to grow. Recent Gokhshtein Media coverage indicates that Bitcoin ETFs have drawn significant inflows, including $1.07 billion this week alone. Institutional accumulation has been a consistent theme, with reports of firms like Alpha Modus acquiring substantial Bitcoin holdings. The Crypto Fear & Greed Index currently sits at 68, indicating a 'Greed' sentiment in the market, even as broader global concerns persist.
The statement implies Melker's view that Bitcoin may be demonstrating a degree of decoupling from traditional market stressors. His remark about Bitcoin "hanging out in the 80s" suggests a stable price range, potentially in the $80,000s, which he presents as noteworthy given the surrounding market volatility. This perspective suggests that Bitcoin could be acting as a unique asset class, less directly impacted by geopolitical and technological disruptions affecting other sectors.
