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Bitcoin

[Bitcoin now] Bitcoin slips near $80,000 as volume falls and exchanges record net inflows

Image: TokenPost

Bitcoin fell near $80,000 as trading volume declined 14.11%, pointing to weaker market participation. Sentiment remained neutral, while exchanges recorded net inflows and active addresses increased. Bitcoin's decline coincided with lower turnover, suggesting limited trading support for a recovery. Network activity increased, but rising exchange balances pointed to more supply potentially available for sale. 📈 Price now: $80,494 (-1.26%) Bitcoin traded lower from the previous day, with short-term price momentum remaining weak. Trading volume: $21.80 billion (-14.11%) Turnover fell alongside the price, indicating reduced participation. The figures offered little evidence of stronger trading activity supporting a rebound. Daily return: -0.73% Returns over the latest five trading days were +1.33% on October 20, +1.28% on October 21, -3.18% on October 22, -0.28% on October 23 and -0.73% on October 24.

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