Bitcoin’s $80,000 floor faces Friday inflation test as ETF inflows lose momentum

T2Covered by 1 source · first reported by The Defiant / DL News / Protos / CryptoSlate at 22 Oct, 08:40 UTC

Bitcoin holds the $80,000 area, where Glassnode places the estimated average acquisition costs of US spot Bitcoin ETFs and publicly traded corporate treasuries, while ETF inflows slowed by 95.6% in a day. Farside Investors recorded $526.7 million in net inflows on Oct. 19 and $23.2 million on Oct…

businesscrypto

Sources

• T2Bitcoin’s $80,000 floor faces Friday inflation test as ETF inflows lose momentumThe Defiant / DL News / Protos / CryptoSlate22 Oct, 08:40