Weekly wrap to October 11: Bitcoin slips 2.1%, Solana drops 8.1%
- —Bitcoin trades at $82,922, down 2.1% on the week, with a Thursday low of $80,652
- —Ether at $2,504 (-6.8%), XRP at $1.40 (-5.8%), Solana at $109.91 (-8.1%)
- —US Bitcoin ETFs lost about $680 million, including $485 million on Wednesday alone
- —Bitcoin dominance stands at 59.1% of a $2.81 trillion market
Why it matters: ETF outflows and Fed minutes flagging a possible rate hike are weighing on risk assets, with US CPI data next week set to steer direction.
Source: CryptoTicker