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Bitcoin dips as equity weakness and oil price rise weigh on demand despite strong ETF inflows.

Market News
20 Oct 2026
Coindesk
View Source
Neutral
Bitcoin dips as equity weakness and oil price rise weigh on demand despite strong ETF inflows.

Bitcoin fell about 1.1% to $81,392 amid declines in Asian stocks and rising oil prices, which could dampen demand if equity weakness continues. However, U.S. spot bitcoin ETFs saw their largest net inflows in a month, led by BlackRock's IBIT fund, signaling concentrated demand for bitcoin specifically. Ether ETFs experienced outflows, indicating less interest in the broader crypto market. Market uncertainty remains due to high Treasury yields, energy-driven inflation risks, and expectations of possible Fed rate hikes next month, keeping investors cautious.

Bitcoin trades at Rp1.469.736.167 on Pluang as of Oct 20, 2026 18:32 WIB, down 0.84% in one day. The market cap stands at Rp29.441,64 trillion with a 24-hour volume of Rp416,63 trillion. Sell orders dominate at 56%, while typical hold time is 112 days, showing steady investor engagement despite recent price drops.

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