Bitcoin Falls Below $81,000 as Spot ETF Outflows Reverse Previous Inflows
📉 Bitcoin fell below $81,000 during the Asian trading session on October 15, briefly approaching $80,000 before recovering slightly. The decline came amid growing risk aversion across financial markets.
💰 U.S. spot Bitcoin ETFs recorded net outflows of $261.4 million on October 14, reversing the previous session's $175.7 million inflows. FBTC and IBIT saw withdrawals of $152.7 million and $110.9 million, respectively.
🏦 Pressure on Bitcoin intensified as U.S. CPI data raised concerns about further Federal Reserve rate hikes. Although rate hike expectations have eased somewhat, macroeconomic uncertainty continues to weigh on risk assets.
📊 The $80,000 level remains a key psychological support. Bitcoin's ability to hold this area, alongside upcoming ETF fund flows, will be important factors to monitor in the following sessions.
#Bitcoin $BTC
📉 Bitcoin fell below $81,000 during the Asian trading session on October 15, briefly approaching $80,000 before recovering slightly. The decline came amid growing risk aversion across financial markets.
💰 U.S. spot Bitcoin ETFs recorded net outflows of $261.4 million on October 14, reversing the previous session's $175.7 million inflows. FBTC and IBIT saw withdrawals of $152.7 million and $110.9 million, respectively.
🏦 Pressure on Bitcoin intensified as U.S. CPI data raised concerns about further Federal Reserve rate hikes. Although rate hike expectations have eased somewhat, macroeconomic uncertainty continues to weigh on risk assets.
📊 The $80,000 level remains a key psychological support. Bitcoin's ability to hold this area, alongside upcoming ETF fund flows, will be important factors to monitor in the following sessions.
#Bitcoin $BTC