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bitcoin newsOct 12, 2026AI summary

Altcoins Outpace Major Tokens as Bitcoin Stays Below $83,500

The CoinDesk 80 gained about 3% over 24 hours amid thin trading, while spot bitcoin ETFs recorded $681 million in outflows last week.

Altcoins Outpace Major Tokens as Bitcoin Stays Below $83,500

Altcoins advanced in thin trading as bitcoin remained below $83,500, according to CoinDesk.

The CoinDesk 80 rose roughly 3% over 24 hours. Its percentage gain was more than twice that of the CoinDesk 5, highlighting stronger performance among the broader group of tokens.

Separately, spot bitcoin exchange-traded funds posted $681 million in outflows last week, marking a withdrawal of fund capital ahead of the latest altcoin gains.

Source: CoinDesk

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