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Off-topic for aiqbench

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Bitcoin at $82,000: $760 Million in ETF Outflows and the $88,000 Threshold

GDELT6 min read

Follow sofokleous10.gr on Google Add us to your preferred sources to see our news and analysis more often on Google. Bitcoin is moving back near $82,000, but the recovery remains fragile: US spot Bitcoin ETFs have recorded net outflows of about $760 million since October 7, buying pressure is fading, and two large groups of recent holders are waiting for higher prices to reach their break-even point. At the same time, large BTC outflows from Binance are potentially limiting the immediately available supply, without by themselves proving accumulation. Shortly before 08:00 Greek time on October 16, Bitcoin was trading around $82,021, with a daily gain of about 0.6%. The intraday range was…

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