Bitcoin holds near $83,260 after weekly high of $84,700 as Nasdaq rallies
- —Bitcoin at $83,260, up 0.65% on the day; weekly high $84,700
- —Futures volume up 19% to $190 billion; liquidations total $284 million
- —Spot BTC ETFs drew $60 million on Oct 21, but October net flow is -$67.4 million
- —SpaceX and Tesla together hold 30,221 BTC worth about $2.5 billion
Why it matters: With no crypto-native catalyst, bitcoin's move hinges on tech-stock correlation and the Fed meeting on Oct 27-28.
Source: Journal du Coin