Bitcoin rose above $83,000 on Oct. 19 after falling to $80,595 the previous afternoon, but the rebound did not hold. By 1:20 p.m. ET, it traded at $81,926, up roughly 1% for the session.
Coinglass data put liquidations across the crypto market at $334 million. U.S. bitcoin ETFs recorded $228.6 million in net outflows last week, according to data cited by Bitcoin.com News. Glassnode said heavy selling had eased but new demand had not replaced it; it expects limited upside until spot and ETF buyers resume accumulating bitcoin.
