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Bitcoin rebounds above $83K amid U.S. inflation report uncertainty and ETF outflows.

Market News
12 Oct 2026
Crypto news
View Source
Neutral
Bitcoin rebounds above $83K amid U.S. inflation report uncertainty and ETF outflows.

Bitcoin has climbed back above $83,000 following a period of volatility driven by concerns over the upcoming U.S. inflation report and significant outflows from Bitcoin ETFs. Analysts suggest that if inflation data is hotter than expected, Bitcoin could drop below $80,000, while softer inflation could push it above $86,000. Despite recent ETF withdrawals totaling around $800 million, Bitcoin shows resilience against geopolitical risks and oil price pressures. Market watchers are closely monitoring ETF flows, inflation data, and Federal Reserve decisions for Bitcoin's next move.

Bitcoin's potential price moves amid inflation concerns provide context for cryptocurrency market activity. For readers following crypto markets, here is Pluang's snapshot as of Oct 12, 2026 23:32 WIB: out of 50 major cryptocurrencies, 11 rose and 38 fell today. Notable movers include SAND at Rp1.106 with a -6.17% change and a typical hold time of 123 days, EGLD at Rp67.047 down 6.14% with 99% sell order activity, and ONE at Rp34 down 6.05% with 65% buy order activity.

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