Markets· ★★★· neutral·

Bitcoin Holds Near $83K as NEAR and Monero Outperform in Weekly Selloff

  • —Bitcoin dropped to $80,400 on October 8 and rebounded to $83,247 by October 9
  • —NEAR fell 0.3% for the week after a 91.7% monthly gain, then rose 10% on October 10
  • —Monero declined 1.3% for the week, outperforming Bitcoin
  • —Bitcoin ETFs posted $244 million in daily net outflows; XRP funds saw $8.2 million in inflows
Why it matters: Divergent ETF flows and relative altcoin resilience suggest uneven demand, leaving Bitcoin's market leadership unconfirmed.
Source: Blockonomi