Markets· ★★★· bullish·

Bitcoin rebounds to $83,000 after weak morning as ETF inflows hit $469M

  • —Bitcoin rose from $81,743 in the morning to $83,156 by the afternoon of October 20
  • —US spot bitcoin ETFs drew $469 million, all of it into BlackRock's IBIT
  • —Mt. Gox moved its creditor repayment deadline to October 31, 2027
  • —Zcash gained 3.4% to $1,219.88, leading the top-10 gainers
Why it matters: The rebound looks fragile with spot demand still weak, while the Mt. Gox delay removes a near-term supply overhang for another year.
#BTC#ZEC
Source: Crypto Insiders
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