Bitcoin Reclaims $82,000 as Crypto ETFs Still See Outflows
Bitcoin rose above $82,000 after dipping below the level, while withdrawals continued from several crypto funds.
Key takeaways
- Bitcoin climbed back above $82,000 after briefly falling below $80,000.
- Bitcoin ETFs recorded a $5 million net inflow, while ether and SOL funds saw withdrawals.
Bitcoin climbed back above $82,000 on Friday after briefly falling below $80,000 the previous day. As of 09:47 UTC, it traded at $82,044, up 1.09% over 24 hours.
The broader crypto market also rose. ZEC gained 11% to about $1,230, while SOL and ether each added more than 3%, according to CoinDesk.
Fund flows were mixed. Bitcoin ETFs recorded a net $5 million inflow, following $261 million in outflows on Wednesday. Ether funds lost about $60 million, and SOL funds saw nearly $10 million in withdrawals, their ninth straight day of outflows, according to SoSoValue data.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
