๐ CRYPTO MARKET UPDATE โ Monday, October 19
๐ Snapshot
โข BTC ~$82,500 (24h: +0.7%) โ climbing back toward $83K after dipping under $80K
โข ETH ~$2,425 (24h: flat) โ steady in the $2,330โ$2,427 range
๐ฐ Top stories
โข China beats: Q3 GDP came in at +4.5% with retail sales +1.1% (vs 0.5% expected) โ a risk-on signal to start the week.
โข ETF outflows deepen: BTC funds lost ~$910M in two weeks; CoinShares reports $446M weekly outflows, $3.2B since Oct 10. XRP products were the week's most-bought at +$70.2M.
โข BlackRock goes staking: BlackRock filed for a staked Ethereum ETF โ the first big TradFi move toward ETH yield products.
โข Macro pressure: oil surged (WTI $101.41) on Middle East tensions; hot US CPI/PPI briefly knocked BTC under $80K. All eyes on the Oct 27โ28 FOMC.
๐ What to watch
Whether China's risk-on mood lifts crypto, ETF flows stabilizing, and the FOMC next week.
Risk-on Monday โ green week ahead? ๐
#Bitcoin #CryptoNews #Ethereum #CryptoMarket #Binance
๐ Snapshot
โข BTC ~$82,500 (24h: +0.7%) โ climbing back toward $83K after dipping under $80K
โข ETH ~$2,425 (24h: flat) โ steady in the $2,330โ$2,427 range
๐ฐ Top stories
โข China beats: Q3 GDP came in at +4.5% with retail sales +1.1% (vs 0.5% expected) โ a risk-on signal to start the week.
โข ETF outflows deepen: BTC funds lost ~$910M in two weeks; CoinShares reports $446M weekly outflows, $3.2B since Oct 10. XRP products were the week's most-bought at +$70.2M.
โข BlackRock goes staking: BlackRock filed for a staked Ethereum ETF โ the first big TradFi move toward ETH yield products.
โข Macro pressure: oil surged (WTI $101.41) on Middle East tensions; hot US CPI/PPI briefly knocked BTC under $80K. All eyes on the Oct 27โ28 FOMC.
๐ What to watch
Whether China's risk-on mood lifts crypto, ETF flows stabilizing, and the FOMC next week.
Risk-on Monday โ green week ahead? ๐
#Bitcoin #CryptoNews #Ethereum #CryptoMarket #Binance