Bitcoin spot ETFs recorded $4.5 million in net outflows on Oct. 10, ending a nine-day streak of positive flows that had brought in over $5 billion.
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Bitcoin stayed near three-week lows after a giant $20 billion liquidation cascade, but crypto market predictions warned that the bottom was not yet in.
US spot Bitcoin ETFs logged $2.71 billion in weekly inflows, even as Trump's China tariff comments triggered a brief market outflow.
The last time the Crypto Fear & Greed Index dropped to this level of fear, Bitcoin's price was trading around $80,000.
An economist said Bitcoin declining more than 5% in October is "exceedingly rare," and historically, the asset has usually rebounded within the following week.
Swan Bitcoin CEO Cory Klippsten said Bitcoin's price plunge on Friday was "classic macro whiplash," and Bitcoiners should expect turbulence in the short term.