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Bitcoin shrugs off ETF outflows to trade above $84,000 as oil falls

CoinDesk·October 12, 2026·1 min read
Bitcoin shrugs off ETF outflows to trade above $84,000 as oil falls

Bitcoin trades above $84,000 despite ETF outflows exceeding $600 million last week. Oil prices fell, supporting risk assets. The cryptocurrency held weekend gains as investors weighed macro factors. Analysts watch whether Bitcoin can sustain this level amid persistent institutional selling pressure.

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