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Bitcoin trades near $82K amid $230M ETF outflows and weak buying demand.

Market News
20 Oct 2026, 08:52 WIB
Tokenpost
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Bearish
Bitcoin trades near $82K amid $230M ETF outflows and weak buying demand.

Bitcoin (BTC) traded near $82,000 on October 19 as U.S. spot exchange-traded funds (ETFs) recorded about $230 million in weekly net outflows, indicating weak buying demand. Although broader profit-taking had eased since early October, the continued ETF outflows and net selling by spot traders suggest limited investor interest. Earlier in the month, short-term profitable holders (those holding BTC for fewer than 155 days) accounted for a significant 86% of coins sent to exchanges on October 4, the highest daily share in a year. This activity preceded a peak price above $85,000 before Bitcoin retreated, highlighting cautious market behavior.

Bitcoin's recent trading near $82,000 comes as U.S. spot ETFs saw $230 million in outflows last week. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Oct 20, 2026 12:11 WIB: out of 50 major cryptocurrencies, 21 rose and 27 fell today. Notable movers include BAL at Rp16.297 with an 11.14% gain and BAT at Rp3.504 with an 11.06% increase, while SAND dropped 8.19% to Rp1.036.

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