Geopolitics Alpha

Crypto traders braced for a total wipeout this week but Bitcoin had other plans

Published . Updated .

Market experts view bitcoin’s price stability as evidence of its fundamental independence from Washington, maintaining that global liquidity and adoption cycles remain the primary growth drivers.

Directly affected

  • CRCW Crypto

    Named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MSTR Strategy

    This company's value is tied to its bitcoin holdings

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • BITB BITWISE BITCOIN ETF TR

    GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BITU PROSHARES ULTRA BITCOIN ETF

    GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BITX 2X BITCOIN STRATEGY ETF

    GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • GBTC GRAYSCALE BITCOIN TRUST ETF

    GA selected GBTC as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CRCW———————
IBIT———————
COIN———————
MSTR———————
MARA———————
RIOT———————
HOOD———————
BITB———————
BITU———————
BITX———————
GBTC———————

Market experts view bitcoin’s price stability as evidence of its fundamental independence from Washington, maintaining that global liquidity and adoption cycles remain the primary growth drivers.

Source: CoinDesk

The price since 20 Sep 2026: Bitwise Bitcoin ETF (BITB) versus the S&P 500

Since the first closing price after “Crypto traders braced for a total wipeout this week but Bitcoin had other plans,” Bitwise Bitcoin ETF (BITB) is -5.56%. The S&P 500 fund (SPY) is -0.89% over the same days, a -4.66% difference versus the market.

BITB
SPY

Taiwan Strait on the map for this story

Taiwan Strait has 48 linked stories in the last 7 days and 48 in the last 30 on the page that also carries “Crypto traders braced for a total wipeout this week but Bitcoin had other plans.” The recent pace is rising.

Who gains and who pays if Taiwan Strait stays in the story

Companies tied to this story

  • BITB Bitwise Bitcoin ETF

    In “Crypto traders braced for a total wipeout this week but Bitcoin had other plans,” Bitwise Bitcoin ETF (BITB) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BITU Proshares Ultra Bitcoin Etf

    Proshares Ultra Bitcoin Etf (BITU) is linked, with no stored direction, medium confidence in the 20 Sep 2026 story “Crypto traders braced for a total wipeout this week but Bitcoin had other plans.” Reason on file: GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BITX 2X Bitcoin Strategy Etf

    In “Crypto traders braced for a total wipeout this week but Bitcoin had other plans,” 2X Bitcoin Strategy Etf (BITX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • GBTC Grayscale Bitcoin Trust ETF

    Grayscale Bitcoin Trust ETF (GBTC) is linked, with no stored direction, medium confidence in the 20 Sep 2026 story “Crypto traders braced for a total wipeout this week but Bitcoin had other plans.” Reason on file: GA selected GBTC as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • IBIT iShares Bitcoin Trust ETF

    For “Crypto traders braced for a total wipeout this week but Bitcoin had other plans,” iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence. Reason on file: GA selected IBIT as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ARKB Ark 21Shares Bitcoin ETF

    Ark 21Shares Bitcoin ETF (ARKB) is linked, with no stored direction, medium confidence in the 20 Sep 2026 story “Crypto traders braced for a total wipeout this week but Bitcoin had other plans.” Reason on file: GA selected ARKB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

From Taiwan Strait to Bitwise Bitcoin ETF (BITB)

The 20 Sep 2026 story “Crypto traders braced for a total wipeout this week but Bitcoin had other plans” names Bitwise Bitcoin ETF (BITB) because of Taiwan Strait.

The link for Bitwise Bitcoin ETF (BITB) is this: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, Proshares Ultra Bitcoin Etf (BITU): GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

The price range for Bitwise Bitcoin ETF (BITB), and the dates in the story

BITB traded between 43.26 and 47.30 across 20 sessions. The latest close on file is 44.34. BITU traded between 13.70 and 16.49 across 20 sessions. The latest close on file is 14.38. BITX traded between 17.70 and 21.33 across 20 sessions. The latest close on file is 18.59.

How strong the case is around Bitwise Bitcoin ETF (BITB)

46 out of 100

“Crypto traders braced for a total wipeout this week but Bitcoin had other plans” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.