Bitcoin Slides Toward $82K as $729M Exits US Spot ETFs in Two Days
- —ETFs lost $484.9 million on October 7 and another $244.1 million on October 8
- —Fidelity bled $302.2 million over two days, BlackRock $213.2 million
- —Flows turned positive with $109.8 million of inflows on October 13
- —BTC dropped to $80,337 on October 8 before rebounding to $83,400
Why it matters: Heavy ETF outflows and rising Treasury yields keep Bitcoin under pressure, with the $80,000 level now key for the near-term trend.
Source: Coinpaper