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

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

Photo: CryptoSlate

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. 20, with both sessions positive. A $26… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Source: CryptoSlate

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