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Wall Street Oct 8: Bitcoin Slips Below $83,000 as ETF Outflows and Quantum Fears Weigh on Crypto
Bitcoin dipped to about $82,300 before recovering to roughly $82,800, close to 4% below Tuesday’s high near $86,600. The crypto top 100 index lost nearly 2% in a day. U.S. spot bitcoin ETFs added to the gloom with net outflows of $487.1 million on Wednesday, the biggest since June 25 and about 2.1 standard deviations …
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About the author
Covers Bitcoin, on-chain data and market structure. Breaks down what the charts and wallet flows are actually saying, without the hype.
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