Bitcoin consolidated near $82,505 today, up 0.93% in the past 24 hours from $81,757 yesterday, after a weekly decline of 2.53% that saw price briefly touch around $80,000.A quiet day. Price drifted inside its 30-day range and no institutional moves cleared the threshold for a near-term risk change. The Iran geopolitical catalyst faded after Trump ruled out a strike before midterms, leaving the dominant signal as October ETF outflows approaching $1 billion and options traders positioned for further near-term weakness.
Bitcoin ETFs shed $244 million on Thursday, with October cumulative outflows approaching $1 billion as Ether funds extended an eight-session outflow streak.
MARA transferred $81.1 million in bitcoin to Galaxy Digital; the miner's treasury has fallen from 53,822 BTC in February to 35,577 BTC in August, a trend worth monitoring across the public miner sector.
Ledger is investigating potential wallet tampering tied to Southeast Asian reseller CryptoBilis, with on-chain researchers estimating more than $86 million in suspected thefts; hardware wallet custody risk is a near-term headline overhang.
Thailand's SEC issued bitcoin and ether ETF rules set to take effect October 16, opening a new regulated access point for Bitcoin in Southeast Asia.
Bitcoin's hash rate at 986.6 EH/s and the 50-day SMA holding below current price at $80,799 represent the two clearest structural positives on an otherwise cautious day.
Market Snapshot
Market Cap
$1.66T
24h Volume
$26.13B
Dominance
59.1%
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