Markets· ★★★· bearish·

Crypto market pressured as spot ETF outflows and miner selling weigh on sentiment

  • —Bitcoin $81,484 (-0.75%), Ethereum $2,424 (-0.85%), Solana $104.73 (-0.98%)
  • —Bitcoin ETFs lost $82.39 million, Ethereum ETFs $69.68 million on October 16
  • —Solana ETFs saw $12.67 million in outflows; NEAR ETFs drew $2.61 million
  • —Bitdeer sold all 294.2 BTC mined this week, keeping a zero balance
Why it matters: ETF outflows and miner selling deepen bitcoin's sensitivity to Treasury yields and Fed policy.
Source: CryptoActu