Bitcoin was down about 1%. Bitwise Chief Investment Officer Matt Hougan said he had expected crypto prices to fall 3% to 5%.
Long positions accounted for $13.41 million of the total as Bitcoin fell 1.48% over the hour.
The price was $830 lower than 15 minutes earlier and down 0.69% from one hour earlier.
Bitcoin held near $83,000 after briefly reaching $84,000, while CoinMarketCap later showed BTC around $83,345 and market capitalization near $2.8 trillion. Altcoins lagged as the Altcoin Season Index fell to 55 from 60, while Bitcoin dominance remained near 59.86% ahead of U.S. inflation data. Crypto futures volume fell 26% to $156.
At unchanged Bitcoin price, subsidy and fees, the projected Oct. 16 retarget could push 20 J/TH equipment paying 8 cents/kWh below its electricity-only threshold. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
U.S. crypto ETF flows improved sharply on Tuesday as bitcoin funds attracted $175.62 million and ether snapped a 10-session losing streak with $24.84 million in inflows. Fidelity Pulls in $103M as Bitcoin ETFs Flip Back to Inflows Institutional buyers returned with more conviction on Tuesday, but they were selective about where they put money.
Bitcoin posted the largest five-hour outflow at $105.48 million, while Ether led asset inflows with $28.98 million. Stablecoins also drew sizable liquidity.
ETF Rebound: Bitcoin and Ethereum ETFs recorded a combined $200.5 million in net inflows on Oct. 13, returning both categories to positive territory. Bitcoin Demand: Bitcoin ETFs attracted $175.7 million, led by Fidelity's FBTC and BlackRock's IBIT, reversing the previous session's outflows. Ethereum Recovery: Ethereum ETFs brought in $24.
Metaplanet bought nearly 74 million of its common shares on October 14 as it arranged a ¥52 billion convertible bond to repay Bitcoin backed borrowing and fund further repurchases. Strategy disclosed $192.
The Q-Day may be years away, but Coinbase wants Bitcoin to be ready in advance
Major exchanges recorded a one-day net inflow of about 1,590 BTC and a weekly inflow of 13,671 BTC. Binance BTCUSDT volume rose 37% in Asia while U.S. session volume fell 54%.
Other items include a proposed PancakeSwap fee change and Standard Chartered receiving approval to offer crypto trading in the UAE.