*BITCOIN DAILY UPDATE - Oct 10, 2026*

Bitcoin $BTC is trading at *$82,634* today, up *+1.14%* in the last 24 hours. After a dip below $82K yesterday, $BTC is showing a mild recovery.

*Key Highlights Today:*

1. *ETF Pressure:* U.S. Spot Bitcoin ETFs saw $487M net outflows on Oct 7, with BlackRock and Fidelity leading withdrawals. Institutional buying is still weak.

2. *Macro Headwinds:* Rising US Treasury yields (5.30%) and a stronger dollar are pressuring risk assets. The market is cautious ahead of Fed policy updates.

3. *Leverage Down:* Futures open interest dropped 4.34% and funding rate is low at 0.0035%. Means traders are reducing risky leverage, not adding it.

*What to watch:* $85K is the key resistance. If $BTC holds above $82K, we could see a weekend bounce. If not, next support is around $80,900.

Trade with Stop-Loss. Don't trade on emotions.

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