CryptoQuant Signals Bullish Bitcoin Trend Amid 24% Price Rally
CryptoQuant's Bull Score Index has surged, suggesting Bitcoin may be entering a new bull market phase.
CryptoQuant's Bull Score Index has surged, suggesting Bitcoin may be entering a new bull market phase. Bitcoin (BTC) is trading at $81,827.00, up 0.3% since this brief published. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Wed, 14 Oct 2026 17:00:04 UTC.
The surge in CryptoQuant's Bull Score Index, combined with other bullish on-chain indicators, suggests growing investor confidence and potential for further price increases, impacting market sentiment and investment strategies.
- CryptoQuant's Bull Score Index has entered bullish territory following Bitcoin's 24% rally.
- Bitcoin's network hashrate is at 1008 EH/s, reflecting strong miner participation.
- A significant Bitcoin wallet moved $377M worth of BTC, originally worth $40M in March 2020.
- The total crypto market cap is $2.81T, with Bitcoin at $81,590 and a 24h loss of -2.26%.
CryptoQuant's Bull Score Index has entered bullish territory, suggesting that 
Bitcoin may be in the early stages of a new bull market. This follows a 24% price rally in Bitcoin, which has sparked renewed interest and optimism among investors. The Bull Score Index, which aggregates various on-chain and demand indicators, has shown a significant uptick, indicating strengthening market fundamentals.
Supporting this bullish outlook, the Bitcoin network hashrate has reached 1008 EH/s, according to mempool.space. This high hashrate reflects strong miner participation and network security, which are often seen as positive indicators for Bitcoin's long-term value. Additionally, the network difficulty stands at 132.7T, underscoring the increasing complexity of mining operations.
While the overall market sentiment appears positive, there are also signs of caution. CoinCodex reports a slight 24-hour decline in Bitcoin's price (-0.25%) and a minor decrease in the total crypto market cap (-0.09%). This suggests that the market may still be in a period of consolidation despite the recent rally.
In other developments, a Bitcoin wallet that received 4,581 BTC in March 2020, worth approximately $40 million at the time, moved its entire stash today. The current value of the transfer is about $377 million, highlighting the substantial gains made by early Bitcoin investors. This movement, reported by Decrypt, adds to the narrative of growing wealth and liquidity in the crypto space.
Meanwhile, 
Optimism (OP) has emerged as a top performer, with a 24-hour price increase of 10.60% and a 7-day gain of 16.07%, according to CoinCodex. The total value locked (TVL) in Optimism has also risen by 12.3% over the past week, reaching $829.31 million, as per DeFiLlama. This performance underscores the growing interest in layer-2 solutions and their potential to drive further innovation and adoption in the DeFi sector.
Looking at the broader market, the total crypto market cap stands at $2.81 trillion, with Bitcoin priced at $81,590, reflecting a 24-hour loss of 2.26% and a 7-day decline of 1.65%. The Fear & Greed Index is at 62, indicating a 'Greed' sentiment, which suggests that investors remain cautiously optimistic. As the market continues to evolve, investors will be closely watching key levels and indicators to gauge the sustainability of the current trends.
Since this brief published about 3 hours ago, Bitcoin (BTC) has moved from $81,590.00 to $81,827.00 — +0.29%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦111.76M (about $81,827.00), down 1.8% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 14, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
CryptoQuant Signals Bullish Bitcoin Trend Amid 24% Price Ral — questions & answers
What is the significance of CryptoQuant's Bull Score Index?
The Bull Score Index aggregates on-chain and demand indicators to signal potential market trends, with a surge suggesting a possible new bull market for Bitcoin.
How much has Bitcoin's network hashrate increased?
Bitcoin's network hashrate is at 1008 EH/s, reflecting strong miner participation and network security.
What is the current value of the Bitcoin wallet that moved $377M?
The wallet originally received 4,581 BTC in March 2020, worth $40M then, and is now worth $377M.
How much is 1 Bitcoin worth in naira today?
About ₦111.76M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $81,827.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.29% since this brief first published — trading at $81,827.00 now versus $81,590.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.