Article
Bitcoin is about $81,443, and Friday pulled $82.4 million from the ETFs
Cardano Daily
Bitcoin spent Saturday until 14:11 near $81,443. CoinMarketCap held it at $81,442.92, down 1.02 percent. CoinGecko at $81,459, down 1.01 percent. The working price is $81,443. Ether is near $2,430, Solana near $104.26, XRP near $1.304. The weekly range is $79,800–$84,352 (crypto.news). Warsh did not hint at a rate hike, so FedWatch fell to 15 percent. The Nasdaq Composite closed at minus 2.1 percent, MSTR at minus 9.56 percent. Mempool: 1–2 sat/vB; the plus 5.92 percent retarget ran on 16 October, and the next is estimated at plus 1.99 percent.
For ADA this hour means a stronger beta on the downside: Bitcoin about minus 1.0 percent, ADA about minus 3.5 percent. ADA/BTC fell from 280 to 273 satoshis. A BTC break below $80,000 with this beta would push ADA toward the $0.21 zone — that is an interpretation.
The funds: Friday outflow
Farside for Friday, 16 October, prints Bitcoin minus $82.4 million (IBIT −71.8), ether minus $69.7 million, Solana minus $12.7 million. Thursday was plus $5.1 million for BTC. Sum 12–16 October: BTC −228.4, ETH −320.1, SOL −25.5. XRP ETF: Farside 404, SoSoValue 403; Cointelegraph cites −2.47 million. TFTC cites net assets of $104 billion.
What follows
The Fed meets on 28 October. McGlone (opinion) sees support around $10,000 with a 20 percent equity drop; CryptoQuant's Ki Young Ju cites $58 billion in ETF inflows and 1.3 million BTC in corporate treasuries. Prediction markets give 27 percent for $100,000.
Sources: CoinMarketCap, CoinGecko, Farside, Cointelegraph, Warsh, mempool retarget, crypto.news, range, TFTC, McGlone / CryptoQuant.