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Series of events · Bitcoin

Bitcoin retreats from about $87,000 to below $80,000

Bitcoin rose alongside ETF inflows, then traded lower amid outflows, liquidations and concerns over Iran.

3 eventsOct 13 to Oct 26

Updated

The flow in 3 points

  1. Bitcoin initially climbed to about $87,000 alongside $1.5 billion in ETF net inflows
  2. Bitcoin later traded near $81,500 despite ETF outflows and liquidations
  3. Bitcoin fell below $80,000 as concerns over Iran affected weekend trading

What happened, in order

Times are Eastern
  1. Where it began

    Bitcoin rises with inflows

    Bitcoin climbed to about $87,000 as large holders' balances reached 3.03 million BTC and U.S. spot ETFs drew $1.5 billion in net inflows.

  2. Turning point

    Bitcoin traded near $81,500 despite $635.5 million in ETF outflows and $254 million in liquidations.

    Read the story
  3. Latest

    Bitcoin falls below $80,000

    Bitcoin dropped below $80,000 as concerns over Iran affected weekend trading. Lower oil prices and interest rates later offered some relief.

    Read the story

How they connect

Bitcoin first climbed alongside increased large-holder balances and ETF inflows, then traded lower amid ETF outflows and liquidations. It later fell below $80,000 as concerns over Iran affected weekend trading.

What to watch

  • A busy week for macro data

A series is a short summary of connected news, for learning. Not verified and not advice. Check the full stories before you act.