Bitcoin traded above $83,000 late in the month while U.S. spot Bitcoin ETFs recorded approximately $2.4 billion in weekly net inflows.
Bitcoin's resilience amid a strong dollar suggests a decoupling from traditional financial indicators, potentially altering market dynamics. Bitcoin shows resilience despite stronger US Dollar Index.
Institutional interest in Bitcoin ETFs signals renewed confidence, potentially stabilizing the crypto market and encouraging further investments. Spot Bitcoin ETFs see $3B in purchases over 9 days as institutional appetite returns.
Traders are waiting on the Fed's favored inflation gauge after a month of oil-driven rate-hike bets that sent 30-year Treasury yields to their highest since 2002.
Ether ETFs shed $3 million Tuesday after seven days of inflows, following an $8 million outflow from Zcash funds at the start of the week.
Riot Platforms repaid and closed its $200M Bitcoin-backed Coinbase credit line, releasing 5,821 BTC in pledged collateral with no early termination fee.
U.S. spot Bitcoin ETFs drew $66.19 million on Sept. 29, led by a $51.09 million inflow into BlackRock's iShares Bitcoin Trust ETF.
HANetf and HSBC have launched pound- and euro-hedged Bitcoin ETCs, giving investors a new way to manage currency exposure alongside Bitcoin.
Bitcoin remains above major cost-basis levels, while September spot ETF inflows have reached $2.8 billion so far.
The measure covers traders with $0 to $10,000 in trading volume and moved from more than 17% to -3.5% during Bitcoin's current rise.
Bitcoin's supply in profit declined to about 72% by Sept. 29, below its 76% long-term average, while BTC held near $83,000.
BTC maintained its position around $83,453 on Tuesday, registering a modest 0.3% daily increase. This stability emerged as crude oil markets softened and the recent Treasury bond selloff showed signs of moderating.