[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"news-aggregator-in-brief-24h-6312533":3},{"id":4,"timestamp":5,"title":6,"content":7,"link":8,"preview":9,"tags":10,"predictedTags":11,"showTags":12,"source":13,"reactions":14,"selfReactions":15,"logo":16,"sourceId":17,"sourceUserId":18,"asset":19,"tagsCategories":20,"totalComments":21,"lang":22,"unique_views_count":23,"enrichStatus":24,"triageKind":25,"triageImportance":26,"expandEligible":27,"summarizeEligible":27,"eventEligible":27,"eventType":28,"eventAction":28},"in-brief-24h-6312533","1792886809704","Toscale Digest: BTC Below $80K as ETF Outflows Surge (24h)","\u003Cp>Bitcoin lost its hold on $80,000 amid heavy spot ETF outflows and liquidation cascades, while Ethereum suffered a sharp 12% monthly decline. The market is grappling with renewed inflation concerns after US CPI data accelerated to 3.7%, challenging the narrative of BTC as a reliable hedge. \u003Ca href=\"https://toscale.io/\" target=\"_blank\">Toscale\u003C/a> tracks these shifting dynamics as institutional demand cools and macro uncertainty rises.\u003C/p>\u003Cp>Bitcoin’s price action has been defined by volatility, with over $239 million in long positions liquidated as the asset dipped below key psychological levels. This sell-off coincided with $773 million exiting US spot Bitcoin ETFs over two days, signaling a retreat in investor confidence despite BlackRock’s IBIT securing $565.7 million in net inflows. The broader ETF landscape saw rivals like FBTC and ARKB report outflows, reversing earlier gains of $907 million. Analysts note that BTC must reclaim $82,000 to stabilize, as Wall Street demand wavers. \u003Ca href=\"https://toscale.io/news-aggregator/blackrock-ibit-drives-dollar301301a16fea-780f-76e1-a0bf-919d7efcbfa7\" target=\"_blank\">BlackRock IBIT drives $301 million net inflows for US Bitcoin ETFs\u003C/a> highlights the divergence between top-tier flows and overall market sentiment.\u003C/p>\u003Cp>Ethereum faced similar pressure, with ETF outflows topping $671 million during a 12% monthly drop. Institutional moves fueled volatility as recent gains met resistance ahead of technical upgrades. Meanwhile, Grayscale’s Zcash ETF (ZCSH) crossed $1 billion in assets within 30 days, marking one of the fastest asset-gathering runs for single-coin funds this year. \u003Ca href=\"https://toscale.io/news-aggregator/grayscales-zcash-etf-crosses-d11301a16f9e-3d6e-77c0-ae68-12d91ce59d0b\" target=\"_blank\">Grayscale's Zcash ETF Crosses $1 Billion in Assets Within 30 Days\u003C/a> stands out as a rare positive in a sector dominated by outflows.\u003C/p>\u003Cp>On the regulatory front, GMO Coin announced the delisting of Filecoin (FIL), ending trading on October 24. \u003Ca href=\"https://toscale.io/news-aggregator/bitcoin-falls-below-dollar80001301a16fea-776f-7a17-9dc0-b2631c8ea813\" target=\"_blank\">Bitcoin falls below $80,000, $239M in BTC longs liquidated as ETF outflows hit $773M\u003C/a> underscores the liquidity crunch. Additionally, Binance is offering nearly 8% yields on XRP for RLUSD, though base rates continue to fall, reflecting broader yield compression.\u003C/p>\u003Cp>Calendar — past:\u003C/p>\u003Cp>\u003Ca href=\"https://toscale.io/economic-calendar?q=Presidential+Elections+-+2nd+Round&range=week&event=fxe-421509\" target=\"_blank\">Presidential Elections - 2nd Round\u003C/a> concluded in Brazil, adding to geopolitical monitoring. \u003Ca href=\"https://toscale.io/economic-calendar?q=GMO+Coin+to+Delist+Filecoin+%28FIL%29%3A+Trading+Ends+October+24&range=week&event=news-gmo-coin-to-delist-filecoin-fi11301a084f7-9b9b-7af4-9fde-f2d9f11248ba\" target=\"_blank\">GMO Coin to Delist Filecoin (FIL): Trading Ends October 24\u003C/a> impacts FIL liquidity. \u003Ca href=\"https://toscale.io/economic-calendar?q=Binance+Offers+Nearly+8%25+in+XRP+for+RLUSD+But+the+Base+Rate+Keeps+Falling&range=week&event=news-binance-offers-nearly-8percent11801a1491c-dd78-7d78-84df-ea77318f2fa2\" target=\"_blank\">Binance Offers Nearly 8% in XRP for RLUSD But the Base Rate Keeps Falling\u003C/a> highlights yield shifts.\u003C/p>\u003Cp>Calendar — ahead:\u003C/p>\u003Cp>\u003Ca href=\"https://toscale.io/economic-calendar?q=RBA+Jones+Speech&range=week&event=fxe-421911\" target=\"_blank\">RBA Jones Speech\u003C/a> at 21:10 UTC on October 25 is the key upcoming catalyst for AUD and risk sentiment.\u003C/p>\u003Cp>Market read:\u003C/p>\u003Cp>Bitcoin’s failure to hold $80,000 exposes it to further downside if ETF outflows persist into Monday’s open. The 3.7% CPI reading complicates the inflation-hedge thesis, potentially delaying rate cut expectations that support risk assets. Ethereum’s 12% drop suggests altcoins remain vulnerable to liquidity drains even with technical upgrades pending. Traders should watch for a decisive break below $80,000 or a reclaim above $82,000 to determine the near-term trend. The RBA speech may provide temporary volatility but is unlikely to reverse the current ETF-driven pressure.\u003C/p>","https://toscale.io/news-aggregator/in-brief-24h-6312533","https://toscale.io/images/default-news/0.jpeg","[\"In Brief\",\"24h\",\"Bitcoin\",\"Ethereum\",\"ETF\",\"CPI\"]","[\"Bitcoin\",\"BTC\",\"ETH\",\"Ethereum\",\"ZEC\",\"Zcash\",\"Base\",\"Filecoin\",\"FIL\",\"Binance\",\"-\",\"Market\",\"Stabilize\",\"Surge\",\"Reverse\"]","[{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/BTC.png\",\"name\":\"BTC\"},{\"name\":\"ETH\",\"id\":\"eth\",\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/ETH.png\"},{\"name\":\"ZEC\",\"id\":\"zec\",\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/ZEC.png\"},{\"name\":\"Base\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/blockchains/base.png\"},{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/FIL.png\",\"name\":\"FIL\"},{\"name\":\"Binance\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/blockchains/binance.png\"},{\"name\":\"-\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/-.png\"},{\"name\":\"Stabilize\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/stabilize.png\"}]","533",[],[],"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/news-feeds/sources/toscale-digest.png","Toscale Digest",null,"","[\"Crypto\",\"In Brief\",\"Official\"]","0","EN","1","done","other",0,false,"none"]