Business · Updated 13 Oct, 11:46 am IST
Bitcoin holds above $83,000 as ETF outflows and yields weigh on market
Why it matters for readers: Explains why prices moved today and which big players were buying or selling.
- Bitcoin was trading near $83,600, roughly Rs. 79.3–79.5 lakh, on Tuesday.1
- Ethereum was trading near $2,500, about Rs. 2.37–2.39 lakh, and most major altcoins recorded losses over 24 hours.1
- Recent outflows from US spot Bitcoin ETFs and elevated Treasury yields pressured sentiment in the crypto market.1
- Selective institutional buying provided some support, with Strategy buying 250 BTC and Bitmine adding 12,532 ETH.1
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