Article
Bitcoin is about $80,800, and Wednesday took $261 million out of the funds
Cardano Daily
Bitcoin spent Thursday until 14:10 near $80,800. CoinMarketCap held it at $80,804.26, down 3.32 percent. CoinGecko at $80,837, down 3.38 percent. The working price is $80,800. Ether is near $2,359 (−5.9 percent), Solana near $102.0, XRP near $1.304. The Bitstamp low was $80,154, with KOSPI down 7.5 percent. Mempool: 1 sat/vB; retarget about plus 6.75 percent around 16 October at 12:12.
For ADA this hour means a stronger beta: Bitcoin about minus 3.3 percent, ADA about minus 6.5 percent. ADA/BTC fell from 282 to 273 satoshis. glassnode puts the ETF cost basis around $81,500; Bitcoin is below that line.
The funds: a sharp outflow
Farside for Wednesday, 14 October, prints Bitcoin minus $261.4 million, ether minus $129.5 million, Solana minus $1.3 million. That reverses Tuesday's plus $175.7 million. The fund-level split (FBTC about −153 / IBIT about −111) comes from RichPeterLi and is not verified. XRP ETF and SoSoValue are unavailable today (404/403).
CPI and what follows
Blockzeit on 14 October records CPI at 3.7 percent year on year, core 2.6 percent. CryptoSlate cites a 41 percent chance of a rate hike in October; BitcoinMagazine cites CME at 87.3 percent — A≠B. CryptoSlate sees a buy wall around $80,000 that may hide a liquidation trap toward $78,000. glassnode sees liquidation clusters around $75,000 and above $85,000.
Sources: CoinMarketCap, CoinGecko, Farside, Blockzeit on CPI, Cointelegraph, KOSPI, mempool retarget, glassnode, ETF cost basis, glassnode, liquidations, CryptoSlate.