Bitcoin ETFs returned to positive territory on Friday with a modest $21.13 million inflow, offering some relief after two heavy days of redemptions. Ether funds remained under pressure, while NEAR kept attracting fresh capital.
Bitcoin was up $200 from 15 minutes earlier and 0.22% from one hour earlier at 10:38 a.m. ET (14:38 UTC) on Oct. 10.
Over $19 billion was wiped out a year ago and BTC is still facing the consequences.
The miner sold 702 BTC while completing a $2.276 billion debt offering for its Sandersville, Georgia, data-center expansion.
The Strike co-founder said a user identified the wrong self-custody address and that the company is working to help recover the Bitcoin.
Spot and U.S. ETF volume averaged $6.8 billion daily, while new capital supplied less than 40% of a $12.8 billion rise in realized capitalization.
Leading on-chain analytics firm Glassnode took a deep dive into the Bitcoin market after the asset jumped above $85,000.
Bitcoin gained 26% from its mid-August low while U.S. spot Bitcoin ETFs recorded $2.23 billion in creations during the squeeze window.
Bitcoin traded near $82,900 in PerpFinder's Oct. 10, 09:36 UTC snapshot, with traders watching whether the weekend rebound brings fresh leverage or further position unwinding. The same snapshot put Binance BTC futures open interest at $7.70 billion and showed longs receiving funding, indicating negative funding.
Bitcoin's rally suggests cautious optimism; reduced leverage may lead to sustainable growth but limits potential for rapid price surges. Bitcoin rally restores some confidence, but open interest lags.
Bitcoin fell 3.6% over seven days after touching about $80,400, while NEAR and Monero posted narrower declines during an uneven crypto-market rebound.
NEAR's sharp rebound and Monero's smaller loss stood out as Bitcoin's selloff swept through major coins.