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.
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Related tickers and likely impact
BTC/USDT
▼ Likely negativeBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/16/2026 | 81,615.64 |
| Change that session | -0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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