Bitcoin Rebounds After Rough Week, But Traders Are Pricing In More Downside

US spot Bitcoin and Ether ETFs have posted nearly $1 billion in combined net outflows in October. Bitcoin funds have lost $407.4 million and Ether funds $578.9 million so far this month, while Bitcoin’s rally weakened and its price fell to around $80,427 before a slight recovery.
AI Analysis
The article reports large net outflows from Bitcoin and Ether ETFs and notes a weakening Bitcoin price, both of which are negative near-term signals for the assets.