Bitcoin recently moved above $84,000, but the market saw a pullback, with $BTC falling toward the $83,000 area. At the same time, major altcoins also gave back part of their recent gains.

BTC
BTC
85,848.01
-0.04%

One major development is institutional demand: U.S. spot Bitcoin $ETFT.ETF recorded around $2.4 billion in weekly inflows for the week ending September 25, according to recent market reports.

ETFT.ETF
ETFT
ETF
Fundsmith Equity ETF
9.973
+0.63%

BTC Markets +1

Meanwhile, traders are watching upcoming U.S. economic data, including GDP, Core PCE, jobless claims and nonfarm payrolls, because macroeconomic conditions can influence crypto-market volatility.

Binance

Key levels to watch:

๐Ÿ”น BTC: around $83K

๐Ÿ”น ETH: around $2.65K

๐Ÿ”น ETF flows

๐Ÿ”น U.S. economic data