Bitcoin moved from $85,844 to $85,531, a decline of $313 or 0.36 percent.A quiet day. Price drifted inside its 30-day range with ETF outflows of $90 million sitting at negative 0.70 standard deviations versus the 30-day mean, well within normal. Nothing structural changed near-term risk.
Spot Bitcoin ETFs posted $90 million in outflows, reversing two days of inflows but remaining within one standard deviation of the 30-day daily average of $133.1 million.
Binance BTC reserves fell by nearly 40,000 coins since September 20, the largest outflow since mid-2023, while stablecoin deposits on the exchange rose simultaneously.
Bitcoin was rejected at $87,000 for the third time since September 23, confirming a short-term supply wall that has capped the weekly gain at 2.56 percent.
FinCEN withdrew its proposed $10,000 reporting requirement for crypto sent to private wallets, removing a years-old compliance overhang on self-custody.
Network hashrate stands at 970 EH/s with fees at 1 sat/vB across all priority levels, reflecting a quiet mempool and stable miner economics.
Market Snapshot
Market Cap
$1.72T
24h Volume
$26.74B
Dominance
58.7%
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