Bitcoin holds near $81,700 as ETF outflows near $1 billion in two weeks
Bitcoin rose 0.52% to $81,669 as Decrypt tallied nearly $1 billion in two weeks of ETF outflows, while Fear & Greed held neutral at 53 and Ether lagged.
Live chart · BTCUSD, ETHUSD · TradingView
Bitcoin held near $81,700 on Sunday evening, little changed from this morning, as fresh data showed investors pulling money from US spot bitcoin ETFs for a second straight week. According to Decrypt, the funds have now shed nearly $1 billion in two weeks.
Bitcoin
Bitcoin traded at $81,669 at the time of the CoinGecko snapshot, up 0.52% over 24 hours but down 2.07% over seven days. The 24-hour range ran from $80,672 to $82,178. Spot volume was $19.5 billion. The price sits slightly below the $81,847 level we reported in this morning's edition, so the day has been mostly flat. View the BTC/USD chart.
Ether and the majors
Ether was flat on the day at $2,390 and remains down 5.24% for the week, trading between $2,329.53 and $2,426.58. The other large coins posted small daily gains, but all are lower over seven days. Cardano is the weakest, down 12.7% on the week. View the ETH/USD chart.
| Coin | Price (USD) | 24h % | 7d % |
|---|---|---|---|
| Ether (ETH) | 2,390.08 | -0.01 | -5.24 |
| BNB | 719.06 | 0.45 | -4.18 |
| XRP | 1.30 | 0.56 | -7.28 |
| Solana (SOL) | 103.74 | 0.73 | -6.13 |
| Dogecoin (DOGE) | 0.079013 | 0.00 | -8.35 |
| Cardano (ADA) | 0.219004 | 0.06 | -12.70 |
Breadth and sentiment
CoinGecko puts total crypto market value at $2.726 trillion and shows a 3.24% fall over 24 hours. That figure does not match the small gains across the largest coins, so we treat it with caution. Bitcoin dominance stands at 60.1% and Ether dominance at 10.7%.
The Crypto Fear & Greed Index from Alternative.me reads 53 (Neutral), down from 55 on Saturday and 63 on Friday. A week ago, on Oct. 11, it stood at 61, and it peaked at 69 on Oct. 12. The trend over eight days is a slow cooling from greed toward neutral.
What moved the market
- ETF outflows. Bitcoin ETFs lost a net $228.6 million this week after a $681.1 million drain the week before, Decrypt reports, pushing October deep into the red.
- Calm after Friday's stock scare. CoinDesk writes that the VIX spiked on Friday as stocks dropped, but history, seasonality and a calm bitcoin suggest the fear may fade on Monday. Our sister site covered the AI debt fears that hit stocks and the dollar on Friday.
- White House departure. Patrick Witt, the White House's crypto chief, announced his departure last week, according to CoinDesk.
- Arrest and a token slide. HEX founder Richard Heart was detained in an early morning raid in Istanbul, Cointelegraph reports. The same report says Starknet plunged almost 50% as it votes to become a layer 1, and that Bitwise says all signs point to a "Crypto Spring."
- Stablecoin payments. Stablecoin supply has stalled, but payments jumped 45% to $482 billion so far this year, analytics firm Allium told CoinDesk, as Visa, Mastercard and Stripe add crypto rails.
- Security. Cysic halted its bridge after an unauthorized mint of 10 million CYS, Cointelegraph reports. The company said mainnet and other systems were not affected.
What to watch next
- Monday's open. CoinDesk's analysis points to Monday as the test of whether Friday's stock market fear fades.
- ETF flows. Whether the two-week outflow streak Decrypt describes continues into the final stretch of October.
- Starknet's L1 vote. Cointelegraph reports the network is voting to become a layer 1 after its token's sharp drop.
- Latvia's tax overhaul. Latvia's parliament passed a law that taxes crypto withdrawals above deposits rather than individual trades, and the country eyes crypto tax payments in 2027, according to CoinDesk.
CryptoClick Desk
How we make this article: software gathers the market data and the news from the sources linked in the article, then cross-checks them. AI writes the text. People choose the sources, set the rules and run the process. Not investment advice.