Bitcoin Falls Below $80,000, Then Rebounds as US Inflation Stays Hot
Bitcoin fell to $79,676 on Coinbase before reclaiming $80,000, extending a volatile session after hot US inflation data and renewed spot ETF outflows.
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The Bitcoin section delivers focused coverage on the world’s largest cryptocurrency, including price movements, market sentiment, institutional adoption, on-chain activity, network upgrades, mining developments, and policy impacts. This category highlights the trends, data, and news shaping Bitcoin’s role in global markets and its influence across the digital asset ecosystem.
Latest Bitcoin News
US PPI Jumps to 6.3% as Bitcoin Slips Toward $80,500
US producer inflation exceeded forecasts in September, while Bitcoin slipped toward $80,500 and jobless claims remained low at 199,000.
Bitcoin and Ether ETFs Lose $391M as Outflows Return on October 14
US spot Bitcoin ETFs lost $261.46 million and Ether funds shed $129.51 million on October 14, more than reversing the previous day’s combined inflows.
Bitcoin Dips Below $81,000 as Ether Falls Under $2,400
Bitcoin fell below $81,000 and Ether under $2,400 on October 15, extending crypto losses after US inflation data before recovering from their overnight lows.
White House Explores Ways to Add Bitcoin to US Reserve, Witt Says
Patrick Witt says the administration is reviewing budget-neutral ways to add Bitcoin, including gold revaluation and mining, without announcing purchases.
Bitcoin and Ether ETFs Draw $200.5M in October 13 Inflows
US spot Bitcoin ETFs attracted $175.62 million and Ether funds added $24.84 million on October 13, ending a ten-session outflow streak for Ether.
Standard Chartered Launches BTC and ETH Trading for UAE Wealth Clients
Standard Chartered’s UAE launch lets eligible Professional Investors trade Bitcoin and Ether through bank accounts, with custody and settlement managed in-house.
Strive Proposes $500M SATS Preferred Offering With 15% Dividend
Strive’s proposed SATS offering would carry a fixed 15% dividend rate and an 18-month payout reserve, with Bitcoin among the planned uses.
Bitcoin Faces Fresh Pressure as October ETF Outflows Weigh on Sentiment
Rising Treasury yields, geopolitical tensions, and oil price volatility are adding to market uncertainty, while Bitcoin faces a key support level near $82,000.
Strive Buys 3,311 Bitcoin for $280M, Taking Holdings to 32,773 BTC
Strive, co-founded by Vivek Ramaswamy, added 3,311 BTC for about $280 million, lifting holdings to 32,773 BTC as cash reserves and its share count increased.
China Seeks Forfeiture of 61,800 Bitcoin Linked to $5.7B Fraud
Chinese prosecutors seek more than 61,800 BTC linked to the Tianjin fraud case, while UK asset recovery and investor claims remain separate.
Binance to Close Mining Pool and Related Services on November 10
Binance Pool will stop accepting mining shares on November 10 at 07:00 UTC, with savings, cloud mining and APIs also closing and records available until November…