Bitcoin Trades Near $73,500 After a Hot October CPI Print
The coin slipped under $74,000 after October prices rose 0.4%. Spot ETFs lost $201 million on Monday.
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The coin slipped under $74,000 after October prices rose 0.4%. Spot ETFs lost $201 million on Monday.
The miner sold about 40% of its end-September stack near $81,039 and said further sales are planned.
The coin traded near $74,289 after a weekend hold near $75,700. About 90% of the liquidations were longs.
The coin held near $75,700 after a brief move above $76,000. Ether traded near $2,233.
Spot bitcoin funds lost $1.28 billion. IBIT shed $403 million on Friday. The year is now red.
The coin traded near $75,700 after giving back a bounce above $80,000. Ether fell toward $2,230.
Bitcoin funds lost $430 million. Ether funds shed about $100 million. IBIT's streak topped $1 billion.
Keel sold about $192 million of bitcoin in the third quarter. Core Scientific expects to leave mining by year-end.
The coin dipped under $76,000, then traded near $78,300. Ether held near $2,292.
Tuesday's outflow was $115.56 million. BlackRock's IBIT lost $94.98 million.
The 7,500 BTC that left on 31 October moved again. The fund still holds about $583 million.
The coin traded near $76,488. Ether held near $2,244. Solana was near $91.51.
Bitcoin funds lost $398.6 million. Ether funds lost $139.7 million, a sixth day.
The coin rose about 1% in Asian hours. Ether held just above $2,300. ZEC led near $1,280.
Friday cut 63.6% of this year's net inflow. Fund assets fell to $98.14 billion.
Coinbase showed $78,052. Ether held near $2,271. Friday's bitcoin ETFs lost $643.2 million.
The coin fell to $76,368 and bounced toward $78,000. Ether touched $2,178. BNB traded near $710.
The coin dipped to about $79,600 and bounced. Ether slipped toward $2,320. AI tokens fell harder.
IBIT added $136 million. Three green days total $423.6 million. October is positive again.
A Fed hold is priced near 90%. Bitfinex puts the next support zone at $77,000 to $77,765.
Ether funds lost $88.58 million. XRP lost $3.61 million and Solana lost $8.23 million.
The session low was about $79,340. Traders are watching $82,500 and Wednesday's Fed decision.
Thursday and Friday took out $773.5 million. October is about $313 million in the red.
The weekly print is provisional. Friday's IBIT line was still blank. The prior week was $2.39 billion.
IBIT led $54.84 million of Monday creations. It was the eighth straight inflow day.
The $142.7 million purchase used MSTR share sales. The average price was $85,681.
IBIT led $350.3 million of Tuesday creations. Four sessions added about $2.31 billion.
The $75.7 million purchase used cash. The company also bought back $174 million of STRC.
FBTC led $214.8 million of Tuesday redemptions. IBIT lost $161.7 million. The Fed votes at 2 p.m.
IBIT led $134 million of Monday creations after a $463 million outflow week. The Fed votes Wednesday.
ARKB led $78 million of Tuesday redemptions. IBIT printed a $19.5 million outflow before Friday CPI.
Thursday's $731 million creation was the heat. Monday's $46.6 million outflow is the first test before Friday CPI.
No coins bought last week. $176.3 million went to STRC preferred instead.
IBIT led $201 million of redemptions. BTC traded near $77,517 after Monday's $217 million rebound failed to stick.
Holdings remain 43,000 BTC. CEO Simon Gerovich said the on-chain cluster is custody, not a liquidation.
BTC trades near $78,700. U.S. spot Bitcoin ETFs took in $217 million, reversing Friday's $202 million outflow.
BTC trades $77,600 to $77,900. U.S. spot Bitcoin ETFs still finish August with more than $3 billion of inflows despite Friday redemptions.
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