Bitcoin was near $80,400, little changed since midnight UTC after dipping to around $79,300 during the Asian morning. The DeFi index was the only CoinDesk index to gain, after Arthur Hayes said his Maelstrom fund sold its entire directional book, including 6,400 ether, due to macro and geopolitical risk. U.S. crude fell around 2% to near $101 a barrel and Brent slipped to around $110 as Qatari mediators arrived in Tehran. The Fed, which raised rates in September, decides on Wednesday, with CME's FedWatch showing a 90% chance of no change. Spot bitcoin ETFs saw $138 million of outflows on Friday, taking the two-day exit to $772 million.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on CoinDesk ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/25/2026 | 80,154.09 |
| Change that session | -0.91% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Bitcoin steadies near $81,700 as altcoins rebound, pepe climbs 13%
Bitcoin rose 0.5% to around $81,700 since midnight UTC, recovering from a low near $81,000, while altcoins moved faster: the CoinDesk 80 gained 1.4%, memecoins climbed 2.9% and pepe jumped 13%. The rebound followed Thursday's tech-led selloff, when the Nasdaq Composite fell 2.6% in its steepest decline since June. Traders are watching the Fed's Oct. 27-28 meeting, with Brent crude near $113 keeping inflation worries alive, after U.S. spot bitcoin ETFs lost $635 million on Thursday following more than $1 billion of inflows in the first three days of the week. In derivatives, crypto futures volume fell 19% and liquidations dropped 23% over 24 hours.
- Bitcoin Slips Below $80K As Peter Schiff Warns Of 'Very Long Weekend' For BTC Investors — Mike McGlone Says 'Don't Fight The Fed'
Bitcoin edged lower to about $80,166, down 0.3% over 24 hours after briefly dipping to the $79,000 range. U.S. spot Bitcoin ETFs recorded total net outflows of $773.5 million on Thursday and Friday, according to Farside Investors data. Peter Schiff said BTC was finally breaking down, with the next stop likely at $75,000, and warned that if that level fails, ETF investors could not sell until Monday because spot ETFs trade only when U.S. stock markets are open. Retail sentiment on Stocktwits remained 'bearish,' and the Crypto Fear & Greed Index stood at 40, in 'Fear' territory. Bloomberg Intelligence's Mike McGlone said 'Don't fight the Fed' may be the lesson of 4Q for high-beta, correlated assets such as Bitcoin, gold and copper, and recalled his earlier call for Bitcoin to slide toward $10,000.
- Bitcoin ETFs Erase October Losses With $1 Billion in Three Days
U.S. spot Bitcoin ETFs took in $524.8 million on Wednesday, extending a three-day inflow streak to about $1.07 billion and pushing October's net flows positive by roughly $460 million. Ethereum ETFs snapped a five-day outflow streak with a $14.9 million inflow, though they remain down about $1.07 billion for the month. Bitcoin, however, fell 2.4% to about $81,470 despite the inflows, and Ethereum dropped 2.6%. Prediction-market traders on Myriad give Bitcoin only a 20% chance of topping $87,500 before October ends. The Federal Reserve meets on Oct. 27-28, with persistent inflation keeping another rate hike on the table.
- Equity weakness could damp demand for bitcoin after biggest ETF inflows in a month
Bitcoin fell about 1.1%, ether dropped 1.7% and the CoinDesk 20 index lost roughly 1.6% over the past 24 hours, pulled lower by Asian stock declines and rising oil. QCP Capital warned that further equity weakness could damp crypto demand and threaten the $80,000 support level if sustained. Still, spot U.S. bitcoin ETFs drew about $527 million in net inflows on Monday, their biggest in a month, with BlackRock's IBIT taking in $665 million while Fidelity and Grayscale saw outflows. Ether ETFs lost $103.3 million, their fourth straight day of outflows. The 10-year Treasury yield is near 5.13% and Brent is near $110, while prediction markets price in a 25 basis-point Fed rate hike next month.
- Bitcoin Price Holds Above $81K as ETF Outflows Raise Concerns
Bitcoin held above $81,000 on Saturday, October 17, rising 0.6% to $81,544.8 after a volatile week that briefly fell below $80,000 following a rally past $84,000. U.S. spot Bitcoin ETFs recorded $82.39 million in net outflows on October 16, including $71.78 million from BlackRock's IBIT, after $261.4 million left on October 14. Concerns center on inconsistent institutional demand and expectations of further Federal Reserve rate hikes. Ethereum gained 0.5% to $2,417.92, and stablecoin issuer Circle reported about $1.4 billion in first-half 2026 revenue.
- Bitcoin Whipsaws as Crypto Liquidations Near $1 Billion
Bitcoin fell 2.6% and dipped below $80,000 for the first time in over a month after hotter-than-expected CPI and PPI data revived bets on another Fed rate hike. Crypto liquidations totaled $948.22 million across 177,440 traders in 24 hours, with long positions making up 90.6%, according to CoinGlass. Bitcoin now trades near $82,000, roughly 2% below the $82,300 average cost of U.S. spot ETF holders, putting those buyers back underwater. Analyst Iliya Kalchev of Nexo sees the selloff as a broad exit from risk rather than a Fed story, with stocks and copper falling while gold rose. Key levels to watch are $81,603, $80,286 and $78,002, and Kalchev says a recovery needs ETF flows to turn consistently positive after $681 million of outflows last week.
Related markets
Latest news
- SpaceX's Elon Musk reveals $40 billion in debt for AI chips, warns of neoclouds
SpaceX (SPCX) CEO Elon Musk said the company closed $40 billion in financing to buy specialized AI chips, but warned that debt access has nearly dried up for firms without substantial revenue outside AI data centers. Shares of CoreWeave (CRWV) and Nebius (NBIS) fell after his comments. Musk said the debt is primarily callable debt for Nvidia (NVDA) GPU purchases arriving in Q1 and Q2 and is not a major factor this quarter. SpaceX's AI segment brought in $7.6 billion in the third quarter, more than Starlink and the rocket business combined and over half of its $14.6 billion total revenue. Musk predicted neoclouds will see 'guppy-level death and consolidation,' and CoreWeave shares have tanked more than 37% over the past month.
- Morning Minute: Bitcoin Breaks Below $80,000 as Iran Fears Hit the Weekend
Bitcoin slipped below $80,000 over the weekend after the Wall Street Journal reported the U.S. is rapidly evacuating personnel from embassies and military bases across the Middle East. A Friday memo from Director of National Intelligence Jay Clayton said Iran has substantially increased efforts to target U.S. personnel. BTC was at $80,160, down 2.4% on the week, with Ethereum down 3.8% to $2,322 and Solana down 3.2% to $101. Over 30 days, Bitcoin is down 4.8% while the majors around it average a 16.5% decline, and Zcash is up 8% on the week. The newsletter flags a busy week ahead, including the FOMC decision, Robinhood earnings and Q3 GDP and PCE data.
- United States Antimony Announces Completion of New Technical Report on Nolan Creek, Alaska Gold/Antimony Deposit
United States Antimony (NYSE: UAMY) has completed a new technical report under SEC S-K 1300 defining gold-antimony resources at its 100%-owned Nolan Creek property in northern Alaska, to be filed with the SEC on Form 8-K. Measured and Indicated resources are valued at over $314 million and Inferred resources at over $125 million, using a $4,000/oz gold price and $8.30/lb antimony price, before mining, transport and processing costs. The company acquired the claims through a Trustee's Sale on January 30, 2026, and began mining an exploration bulk sample of about 1,000 tons this month. It aims to show in the first half of 2027 that the site can fully meet feed capacity for its Radersburg, Montana mill.
- Dell (DELL) Stock May Be 26% Undervalued After AI Factory News
The analysis notes Dell Technologies has returned about 792% over the past 5 years, putting pressure on its valuation to be supported by future cash generation. Its latest twelve-month free cash flow is about $8.2b, and a discounted cash flow (DCF) model projects that cash flow grows, giving an intrinsic value meaningfully above the current share price of $456.44; the stock trades at a 25.5x P/E. The article links the gap between the share price and that DCF value partly to uncertainty about the timing of enterprise AI spending, which a recent Barclays downgrade highlighted. Dell is closely tied to NVIDIA's AI infrastructure initiatives, from modular AI factories to on-premises AI servers.
- Cracking AI trade has Wall Street looking for a hedge. An ex-Citadel quant may have the answer
As CoreWeave shares plunged and dragged much of the AI sector lower, investors are looking for ways to hedge AI risk. Hyperbolic, a 50-person fintech startup led by former Citadel Securities quant Jasper Zhang, runs a spot marketplace for GPU computing power that lets traders buy, sell and control GPU clusters. The company has raised $20 million since its 2022 launch, expects a $150 million annualized run rate by year-end, and says it has about 250,000 users. Meanwhile, CME Group plans a cash-settled futures product tied to GPU pricing from Silicon Data, which is under CFTC review, with the review period extended to November 9th. Hyperbolic's Kim argued that cash futures need physical usage data to stay tied to reality, while Zhang said cash-settled futures alone do not put idle GPUs to work.
- Flow Metals Secures Little Gold Creek Headwaters, Completing Strategic Consolidation of Sixtymile Gold District
Flow Metals (CSE: FWM) staked 44 additional quartz claims (the Mila Claims) along the northern part of its Sixtymile Gold Project in western Yukon, completing its 2026 land acquisition campaign. The contiguous land package now covers 17,635 hectares, nearly tripling the original 6,558-hectare footprint. The claims cover a magnetic lineament trending northwest in line with Little Gold Creek, which encapsulates the headwaters of a historic placer gold source, and extend the Project's northern boundary to the Top of the World Highway. The Company interprets epithermal textures and quartz veins found in its 2026 exploration as supporting a younger magmatic-hydrothermal event overprinting an older gold system. It is integrating historical geophysical data and a 3D review of airborne magnetic and CSAMT surveys to evaluate these targets.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.