The crypto market remained volatile overnight, with BTC hovering around $81,862.68, down slightly by 1.75% over 24 hours after briefly touching $80,800 on October 8. Market breadth remained weak, with only 19% of the top 100 coins in positive territory.
U.S. Bitcoin ETFs recorded a record $487 million in outflows on October 7, wiping out early-October gains and bringing the month-to-date total to a negative $163.3 million. However, since the start of 2026, these funds have still seen net inflows totaling $0.7 billion. Ethereum also struggled, falling 3.60% to $2,481.61, while Ethereum ETFs saw $201.9 million in outflows on October 6. Notably, the U.S. government transferred approximately 9,261 BTC (equivalent to $770 million) to Coinbase Prime on October 6–7, raising concerns about potential selling pressure.
Amid the broader downturn, $OGN still moved against the trend, posting an impressive gain of 86.70%, followed by AMP at 26.60%. On the other hand, ORCA lagged behind, dropping 23.21%.
U.S. Bitcoin ETFs recorded a record $487 million in outflows on October 7, wiping out early-October gains and bringing the month-to-date total to a negative $163.3 million. However, since the start of 2026, these funds have still seen net inflows totaling $0.7 billion. Ethereum also struggled, falling 3.60% to $2,481.61, while Ethereum ETFs saw $201.9 million in outflows on October 6. Notably, the U.S. government transferred approximately 9,261 BTC (equivalent to $770 million) to Coinbase Prime on October 6–7, raising concerns about potential selling pressure.
Amid the broader downturn, $OGN still moved against the trend, posting an impressive gain of 86.70%, followed by AMP at 26.60%. On the other hand, ORCA lagged behind, dropping 23.21%.