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Bitcoin spot demand contracts despite $176M inflows to US spot funds, Bull Score Index drops from 90 to 60

Market News
28 Oct 2026, 14:55 WIB
Tokenpost
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Neutral
Bitcoin spot demand contracts despite $176M inflows to US spot funds, Bull Score Index drops from 90 to 60

Bitcoin spot demand continued to shrink even as U.S. spot funds attracted $176 million on October 27, led by BlackRock's IBIT and Fidelity's FBTC. This inflow extended a two-day streak totaling $286.3 million, but still fell short of the $773.5 million withdrawn earlier in the week. CryptoQuant's Bull Score Index also fell sharply from 90 to 60, indicating weakening market sentiment. The Federal Open Market Committee meeting conclusion on October 28 may influence future demand dynamics.

CryptoQuant's Bull Score Index and Bitcoin ETF inflows provide context for cryptocurrency market sentiment. For readers following crypto markets, here is Pluang's market snapshot as of Oct 28, 2026 18:43 WIB: out of 50 major cryptocurrencies, 46 rose and 3 fell today. Notable movers include EGLD at Rp61.938 with a 5.44% increase and 100% buy order activity, GRT at Rp413 with a 4.99% rise and 97% sell order activity, and COTI at Rp191 with a 4.65% gain and 95% buy order activity. The most notable figure is EGLD's 100% buy order activity on Pluang.

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