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Decrypt· Tyler Warner·· 12d ago

Crypto majors rebound despite Black Monday fears; Bitcoin at $82k, ETFs see net outflows

Original source: DecryptRead original
AI brief

Bitcoin rebounded to $82,161, down 1.4% weekly but up over 1% monthly, while Ethereum fell 5.3% to $2,415. Major altcoins including BNB, Solana, and XRP saw double-digit weekly losses, with the top twelve losers averaging over 20% decline. Spot Bitcoin and Ethereum ETFs recorded a combined $548.5 million in net outflows this past week, bringing October outflows to $1.86 billion. Crypto markets lack circuit breakers, making them vulnerable to rapid liquidation, though current conditions show a slow bleed rather than a crash.

Source: Decrypt · decrypt.co