Bitcoin holds above $80,000 as spot ETFs end three-day outflow streak
Briefing by News4U · First published
In this evening’s News4U market wrap, CoinDesk reported that bitcoin slipped 0.2% to around $80,250 since midnight UTC on Thursday, holding above $80,000 after jumping from about $78,000 on Wednesday as U.S. stocks rose and oil fell around 8% following the Democratic midterm sweep. Ether fell 0.4% while the CoinDesk 80 Index gained 0.9%. U.S. spot bitcoin ETFs took in $74.6 million on Wednesday, ending a three-day outflow streak, according to Farside Investors; stock futures were mixed early Thursday, with S&P 500 futures down 0.1% and Nasdaq-100 futures down 0.8% ahead of jobless claims and Friday’s jobs report, and Brent crude was trading near $95 a barrel. [1]