Bitcoin Tests $80K Support as ETF Outflows Return Ahead of Fed Decision
- —U.S. spot BTC ETFs saw $635.6 million in outflows Thursday and $137.9 million Friday
- —BlackRock's IBIT lost $110.3 million, Fidelity's FBTC shed $31.8 million
- —The week still ended with roughly $224 million in net inflows over seven sessions
- —Brent crude is above $110 a barrel; daily RSI sits at 43.32
Why it matters: The $80K level matches the cost basis of ETF and corporate treasury buyers, so a break lower could accelerate selling.
Source: CoinCentral