Bitcoin Slips Below $80,000 as ETF Outflows and Fed Risk Weigh on Crypto
BTC touched $79,250, its lowest since July, with a $635.6M single-day ETF outflow on Oct 22 and roughly $11B of options expiring Oct 30 into the Fed decision.
Bitcoin dipped below $80,000 on Monday, touching $79,250 — its lowest level since July — before stabilising around $80,100. The coin is down about 2.2% over seven days and 5.1% over thirty, and trades roughly 36% below its October 2025 all-time high of $126,080.
Flow data show institutional demand turning choppy: U.S. spot bitcoin ETFs posted a $635.6 million single-day outflow on October 22, the largest since late June, though the week still closed with about $301 million of net inflows led by BlackRock's IBIT. October's cumulative net flows remain negative.
Positioning is not overheated — funding sits near 0.01% per eight hours and open interest is flat — but the calendar is crowded: the Fed decision on October 28, September PCE on October 29, and roughly $11 billion of bitcoin options expiring October 30. Support clusters at $79,200-$77,600; resistance at the 50-day average near $81,800.
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