Markets· ★★★· bearish·

Bitcoin holds near $80.8K as US tech selloff weighs on crypto

  • —BTC near $80,800, down 0.9% in 24 hours; intraday low of $79,600 on Oct. 29
  • —US spot bitcoin ETFs drew $137.3 million on Oct. 28, a third straight inflow day
  • —Three-day ETF inflows total roughly $423.6 million
  • —Crypto liquidations hit $356 million in 24 hours, with longs at about 58%
Why it matters: ETF inflows are not lifting prices, leaving bitcoin tied to US tech sentiment and risk appetite.
Source: CoinDesk Japan