BITCOIN PRICE HOLDS ABOVE $81K AS ETF OUTFLOWS RAISE CONCERNS

What happened: Bitcoin held above $81,000 on Saturday, October 17, after a volatile week that briefly pushed prices below the $80,000 support level, as investors weighed fluctuating U.S. spot Bitcoin ETF flows. Key numbers: Bitcoin rose 0.6% to $81,544.8 as of 19:00 GMT. U.S. Why it matters: Traders are watching the $80,000 support level; renewed ETF inflows could support momentum toward $83,000, while continued institutional withdrawals and hawkish Federal Reserve expectations may trigger additional selling pressure.

Bitcoin held above $81,000 on Saturday, October 17, after a volatile week that briefly pushed prices below the $80,000 support level, as investors weighed fluctuating U.S. spot Bitcoin ETF flows.

Traders are watching the $80,000 support level; renewed ETF inflows could support momentum toward $83,000, while continued institutional withdrawals and hawkish Federal Reserve expectations may trigger additional selling pressure.