🔥$BITCOIN in Starts October Strong as ETF Inflows Return
Bitcoin is holding above the $84,000 level after briefly reaching around $87,146 over the past 24 hours, keeping the market focused on whether the recent momentum can continue.
One of the biggest catalysts has been renewed institutional demand. U.S. spot Bitcoin ETFs recorded approximately $102.7 million in net inflows on October 1, while September saw around $2.65 billion of net inflows.
The broader macro backdrop is also being closely watched. Softer inflation data and changing expectations around U.S. interest rates have supported risk assets, while upcoming economic data could bring fresh volatility to crypto markets.
Ethereum is also attracting attention, with the upcoming Glamsterdam upgrade scheduled to reach the Sepolia testnet on October 6. Meanwhile, U.S. spot Ether ETFs recorded about $55.4 million in outflows on October 1.
For now, Bitcoin remains the main focus as October begins with strong ETF activity and renewed market momentum. The next major moves could depend heavily on liquidity, economic data and institutional flows.
Disclaimer: This article is for informational purposes only and is not financial advice. Crypto markets are highly volatile and involve significant risk. Always do your own research.
#BitcoinDunyamiz
#bitcoin.”
Bitcoin is holding above the $84,000 level after briefly reaching around $87,146 over the past 24 hours, keeping the market focused on whether the recent momentum can continue.
One of the biggest catalysts has been renewed institutional demand. U.S. spot Bitcoin ETFs recorded approximately $102.7 million in net inflows on October 1, while September saw around $2.65 billion of net inflows.
The broader macro backdrop is also being closely watched. Softer inflation data and changing expectations around U.S. interest rates have supported risk assets, while upcoming economic data could bring fresh volatility to crypto markets.
Ethereum is also attracting attention, with the upcoming Glamsterdam upgrade scheduled to reach the Sepolia testnet on October 6. Meanwhile, U.S. spot Ether ETFs recorded about $55.4 million in outflows on October 1.
For now, Bitcoin remains the main focus as October begins with strong ETF activity and renewed market momentum. The next major moves could depend heavily on liquidity, economic data and institutional flows.
Disclaimer: This article is for informational purposes only and is not financial advice. Crypto markets are highly volatile and involve significant risk. Always do your own research.
#BitcoinDunyamiz
#bitcoin.”
