Crypto Market Slips to $2.82T as Macro Jitters and ETF Outflows Weigh
- —Japan's inflation rose to 2.1%, raising odds of a BOJ rate hike in December
- —Spot Bitcoin ETFs saw $635.6 million in net outflows, with IBIT losing $254.1 million
- —$1.31 billion in BTC options and $250 million in ETH options expire on Deribit
- —Brent crude topped $113, the yen strengthened to 156 per dollar and US10Y yield hit 4.98%
Why it matters: Combined macro pressure and ETF outflows are eroding support near $81K, with next week's monthly options expiry and its $78K max pain level the key test for traders.
Source: CoinGape