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.
Bitcoin's price traded at $82,816 on Saturday, Oct. 10, as the market continued consolidating following its retreat from the $87,000 region. While the hourly chart shows signs of recovery, the four-hour and daily charts remain range-bound, with bulls defending support near $82,200.
Bitcoin is fluctuating around a capital-weighted cost-basis indicator, while $80,500 may serve as a key near-term support level.
Three transfers moved $169.1 million, including $111.1 million sent to exchange-related destinations and no recorded outflows to unknown wallets.
Bitcoin has just closed a negative ETF trading week as its funds continue to see substantial withdrawals from investors on most days of the last week.
Strive's SATA preferred stock raised an estimated $55 million, but below-par trading paused new issuance for three sessions.
The crypto market's bifurcation highlights Bitcoin and Ether's institutional appeal, while altcoins face volatility and limited growth potential. One year after 10/10, Bitcoin and Ether liquidity is back while altcoins lag.
Bitcoin and ether order books are deeper than before the crash, while altcoin liquidity keeps eroding and spot trading remains well below its October 2025 peak.
The 10/10 crash highlighted crypto's vulnerability to external shocks, prompting calls for better risk management and transparency in trading. Bitcoin's $19 billion crash still shapes crypto risk a year later.
One year after a flash crash wiped out billions in leveraged crypto bets, traders have better tools to spot risks. But the forces behind the selloff remain.
An estimate puts SATA proceeds at about $55 million, enough for an estimated 638 Bitcoin, though no such purchase was confirmed as of Oct. 10.