Markets· ★★★★· bearish·

Bitcoin nears $80K as $402M ETF outflows threaten 'Uptober'

  • —Long liquidations totaled $1.707 billion on October 7-8
  • —Spot Bitcoin ETF outflows reached $401.9 million in October
  • —Binance BTC funding rate fell to -0.00215, lowest since January
  • —Bitcoin Regime Score remains negative at -22
Why it matters: A rocky start to October and hawkish Fed minutes weigh on sentiment; BTC needs to reclaim $83,200 to signal recovery.
#BTC
Source: AMBCrypto
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