Bitcoin (BTC) Reclaims $82,000 as Ether (ETH) Fund Outflows Continue
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Bitcoin (BTC) returned above $82,000 Friday after briefly slipping below $80,000 a day earlier, while U.S. spot funds posted different flow results for Bitcoin and Ether (ETH). At 6:41 a.m. ET (10:41 UTC) Oct. 16, the snapshot put Bitcoin at $82,186, Ether at $2,455 and XRP at $1.34. Bitcoin was above its 50-day exponential moving average (EMA) at $80,446. A prior recovery attempt had stalled near $84,000. U.S. spot Bitcoin exchange-traded funds (ETFs) had a net inflow of $5.1 million on Oct. 15, after $261.4 million in net outflows on Oct. 14. Ether ETFs lost $60.3 million on Oct. 15, following $129.5 million in net outflows the previous session. Ether's 100-day and 200-day EMAs were $2,358 and $2,304, respectively, while its 50-day EMA stood at $2,494.
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