Bitcoin draws $87.83 million as BNB leads token outflows

Bitcoin led cryptocurrency inflows with $87.83 million, while BNB recorded $9.09 million in outflows. Data compiled on Oct. 16 showed $26.70 million in U.S. dollars and $4.85 million in euros flowing into the cryptocurrency market. About $140.42 million in USDT and $12.43 million in USDC was distributed across cryptocurrencies. Major inflows included $87.83 million for bitcoin (BTC), $25.36 million for solana (SOL) and $18.28 million for ether (ETH). Zcash (ZEC) followed with $8.73 million, TSLAB with $7.10 million and tron (TRX) with $6.63 million. On the outflow side, BNB posted the largest withdrawal at $9.09 million. Other outflows included $5.93 million from NEAR, $5.86 million from SNDKB, $4.65 million from ZEC, $4.62 million from XRP and $2.66 million from ETH.

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