Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin falls below $83,000 amid heavy outflows from U.S. spot Bitcoin ETFs and Fed rate hike concerns

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin falls below $83,000 amid heavy outflows from U.S. spot Bitcoin ETFs and Fed rate hike concerns

Bitcoin dropped below $83,000 early Thursday, pressured by significant withdrawals totaling $484.9 million from U.S. spot Bitcoin ETFs, the largest since June 25. Major outflows came from BlackRock's IBIT, Fidelity's FBTC, and ARK 21Shares' ARKB. The market also reacted to the Federal Reserve's recent 25 basis point rate hike and signals of potential further increases due to persistent inflation above the Fed's 2% target. These factors combined to weigh on Bitcoin's price, which has fallen over 4% this week.

Bitcoin's recent notable outflows from U.S. spot ETFs totaled $484.9 million, the largest since June 25, as of October 8, 2026. For readers following cryptocurrency markets on Pluang, here is the market snapshot as of Oct 08, 2026 17:02 WIB: among 50 major cryptocurrencies, 22 rose and 27 fell today. Notable movers include BAL (Balancer) with a 1-day change of +11.14% at Rp16.297, CRV (Curve DAO Token) up +10.49% at Rp6.953 with a typical hold time of 62 days and a Pluang order activity split of 52% Sell / 48% Buy, and EOS (EOS.IO) rising +8.13% at Rp12.649 with a typical hold time of 87 days.

More News

Canadian Utilities to merge with Emera, RBC Capital keeps 'Sector Perform' rating

Canadian Utilities to merge with Emera, RBC Capital keeps 'Sector Perform' rating

Canadian Utilities and Emera have agreed to merge as equals, creating a larger utility and energy infrastructure company. RBC Capital maintains a 'Sector Perform' rating on Canadian Utilities, indicating expected performance in line with the sector. ...

Market News
Neutral
37 minutes ago
Domino's Pizza Q3 earnings expected to rise slightly with focus on promo impact

Domino's Pizza Q3 earnings expected to rise slightly with focus on promo impact

Domino's Pizza is set to report its Q3 earnings on October 13, 2026, with analysts forecasting earnings per share between $4.33 and $4.36 and revenue around $1.17 billion, a 1.6% increase year-over-year. Investors will watch closely how promotional d...

Company Fundamentals
Neutral
49 minutes ago
Resilinc launches Microsoft Copilot plugin for real-time, organization-specific supply chain risk and compliance insights.

Resilinc launches Microsoft Copilot plugin for real-time, organization-specific supply chain risk and compliance insights.

Resilinc introduced a new plugin for Microsoft Copilot that allows authorized enterprise users to access live, organization-specific supply chain risk and compliance intelligence directly within Microsoft applications. This integration helps teams qu...

Market News
Bullish
49 minutes ago
Third Life World acquires control of Transglobal Management to expand its AI-agent blockchain platform.

Third Life World acquires control of Transglobal Management to expand its AI-agent blockchain platform.

Third Life World, a developer of a persistent AI-agent world on the Base blockchain, has signed a definitive agreement to acquire voting control of Transglobal Management Group, Inc. (TMGI). This acquisition will make Third Life World's platform the ...

Company Fundamentals
Bullish
49 minutes ago
Le Vian launches Antique Cushion Collection with patented cuts and natural gemstones at KAY this fall.

Le Vian launches Antique Cushion Collection with patented cuts and natural gemstones at KAY this fall.

Le Vian introduces its new Antique Cushion Collection at KAY Jewelers this fall, featuring a patented gemstone cut inspired by vintage old mine diamonds. The collection highlights eight natural gemstones with unique colors and includes 17 in-store st...

Others
Bullish
53 minutes ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App