Toscale: Bitcoin Reclaims $81k as ETF Inflows Surge (24h)

Crypto markets stabilized Thursday after geopolitical tensions eased, with JPMorgan reporting $50 billion in ETF inflows driving renewed momentum. Bitcoin reclaimed the $81,000 level following President Trump’s assurance that no strikes on Iran would occur before the November 3 midterms. Meanwhile, Bitwise is closing its Dogecoin ETF due to weak demand, highlighting divergent sentiment across digital assets. This consolidation phase offers a critical window for Toscale users to monitor structural shifts in market dominance and liquidity.

Bitcoin’s recovery was bolstered by a retreat in crude oil prices and a broader risk-on appetite, though altcoins continued to lag significantly. Market dominance climbed to 60.05% as over $900 million in leveraged positions were liquidated, with Ethereum and XRP leading the downside. In contrast, Raydium surged 14% on negative funding rates that triggered a short squeeze, signaling selective speculative interest outside of Bitcoin. Circle’s stock slipped below $81 after U.S. jobless claims came in lower than expected, reflecting broader macro sensitivity.

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Germany Trade Balance s.a. came in at 19.5 versus a forecast of 19.2, indicating resilient export data. Mexico Headline Inflation printed at 0.42%, slightly below the 0.43% forecast, suggesting persistent but manageable price pressures. ECB Monetary Policy Meeting Accounts were released, providing insight into the central bank’s recent deliberations. Bybit to Delist 2 Tokens on Oct 8, 2026 was also noted as a liquidity event.

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Claptone and Crusy Set to Perform at TOKEN2049 Closing Party in Singapore is scheduled for October 9, potentially influencing regional trading sentiment.

Market read: Near-term crypto risk remains tied to the sustainability of the Bitcoin rebound above $81,000 and whether ETF inflows can sustain momentum without further geopolitical shocks. The liquidation of over $900 million suggests leveraged positions are still fragile; a failure to hold support could trigger another wave of downside pressure on altcoins. Traders should watch for follow-through in institutional flows as the market digests the gap between OpenAI’s revised revenue guidance and broader tech weakness. Any resurgence in oil prices or hawkish commentary from ECB officials could quickly reverse the current risk-on posture.