Bitcoin could grow into a $30 trillion asset by following gold's expansion, Bitwise's investment chief suggests. He points to expanding institutional access while warning that investor behavior could determine who benefits from long-term gains.
Three inflow sessions were offset by three larger withdrawals through Oct. 8. A $21.1 million inflow on Oct. 9 narrowed the recent outflow streak but did not erase it.
Is Bitcoin ETF losing steam to other altcoin ETFs stealing the spotlight?
This week's stories spanned corporate adoption, government crypto flows, security risks and macro concerns. Robinhood added $25 million in bitcoin to its balance sheet, while U.S. government-linked wallets moved nearly $1.9 billion in crypto.
Bitcoin traded near $83,000 after retreating from the $86,000-$90,000 resistance zone, while the Coinbase Premium Index stood near -0.1%.
Bitcoin is trading around $83K after the rejection from the $86K to $90K resistance zone weakened short-term structure, while the Coinbase Premium Index has turned sharply negative, suggesting US-based buying demand may be fading. BTC is attempting to stabilize, but buyers need to reclaim nearby resistance to improve the outlook.
Bitcoin reached $83,051 while Ether, XRP, BNB, Solana and Dogecoin also gained. Crypto liquidations totaled $46.9 million over 24 hours.
One year after more than $19 billion in leveraged crypto bets were wiped out in a single night, bitcoin sits about 34% below the record it set four days before the crash. The Night That Broke the Market On Oct.
On October 30, 140,844 Bitcoin contracts worth $11.69 billion run out, and two thirds of them are bets on higher prices. At both expiry dates the largest hedge sits at $80,000.
Traders have concentrated 4.5 billion dollars of bitcoin call options between 90000 and 100000 dollars, with an expiration set for October 30. This accumulation reflects a renewed interest in a BTC price increase, without constituting a unanimous market forecast.
On October 10, 2025, the cryptocurrency market suffered a brutal crash that led to nearly 19 billion dollars in liquidations. A few days after a historic record above 126,000 dollars, bitcoin quickly lost part of its value.
Daily miner revenue increased from about $27 million to $48 million as Bitcoin climbed above $83,000, reducing pressure to sell coins for operating costs.