EconomyBitcoin’s weekend rebound faces an $80,400 test after nearly $730 million in ETF outflows
Bitcoin traded near $82,900 in PerpFinder’s Oct. 10 snapshot, as traders assessed whether the weekend rebound reflected renewed leverage or position unwinding. Sunday’s Deribit options book was put-heavy. US spot Bitcoin ETFs saw nearly $730 million in outflows on Oct. 7 and 8, followed by a modest $21.1 million inflow on Oct. 9. The article says the rebound’s durability depends on futures positioning and spot demand, with $80,400 a key downside level.
Bitcoin’s weekend rebound faces an $80,400 test after nearly $730 million in ETF outflows
Economy