Bitcoin Slides as $681 Million Exits ETFs

Bitcoin retreated and ETFs recorded $681 million in outflows ahead of the US CPI release.

The Dutch company Esml, one of the most important players in the global chain of semiconductor production, on the eve of the release of its third quarter financial report, Kaya Callas, the head of the EU foreign policy: there is a clear agreement that now is not the time to reduce pressure on Moscow. The ceasefire cannot be effective if only one side adheres to it. The future of Ukraine in the European Union, the spokesperson of Iran's Ministry of Foreign Affairs, Sigh Baghai, rejected the American claim that energy cargoes continue to pass freely through the Strait of Hormuz.

British Prime Minister Andy Burnham is scheduled to meet on November 20 with Ursula von der Leyen, the president of the European Commission, and Antonio Costa, the president of the world's banks will profit $5 billion from the gold rush in 2026. At a glance, the historical record of profitability: the world's banks are expected to make about $5 billion from metal transactions in 2026.

Bitcoin initially rose to the $84,250 range in trading on Monday, October 12, but then gave back some of its growth. In the CoinDesk report, the price at the time of publication had reached the range of $83,400; قیمت رمزارزها پیوسته تغییر می‌کند و این عدد قیمت لحظه‌ای محسوب نمی‌شود.

The pressure on the market was seen at the same time as the report of capital outflows from US Bitcoin exchange-traded funds. These funds recorded a total of $681 million in net outflows in the week ending October 9; رقمی که طبق گزارش کوین‌دسک، بزرگ‌ترین خروج هفتگی از ماه ژوئن بود. بخش عمده خروج‌ها در روزهای چهارشنبه و پنج‌شنبه رخ داد.

Inflation data can affect investors' expectations of the Federal Reserve's interest rate path. شاخص قیمت مصرف‌کننده آمریکا برای ماه سپتامبر قرار است ۱۴ اکتبر منتشر شود. زمان انتشار در تقویم رسمی اداره آمار کار آمریکا (BLS) درج شده است. A result higher or lower than the forecasts may affect the dollar, the yield of treasury bonds and subsequently risky assets.

In the market report, the range of $82,000 was mentioned as a support level under the traders' eyes. However, the technical level alone does not determine the price path, and the market's reaction to the flow of funds and economic data is also important. At the same time, West Texas crude first fell below $90 and then reached $92.63 in the report; این هم‌زمانی به‌تنهایی رابطه علّی میان نفت و حرکت بیت‌کوین را ثابت نمی‌کند.

Ambassador Arjan's analysts believe that the combination of capital outflows from ETFs and the publication of US inflation statistics can increase the volatility of Bitcoin, but the direction of movement depends on the market's reaction to the data. For Iranian traders, it is important to pay attention to the Tether price, the difference between the domestic market price and the global rate, fees and liquidity. Using a stop loss and avoiding making decisions based solely on a price level can reduce the risk of leveraged trading.