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bitcoin newsOct 12, 2026AI summary

Bitcoin Holds Above $84,000 Despite Weekly ETF Outflows

Bitcoin retained its weekend gains above $84,000 as oil prices declined, despite more than $600 million in ETF outflows the previous week.

Bitcoin Holds Above $84,000 Despite Weekly ETF Outflows

Bitcoin traded above $84,000, maintaining gains made over the weekend, according to CoinDesk.

The price held up despite more than $600 million flowing out of ETFs last week. Those withdrawals did not prevent bitcoin from retaining its weekend advance.

Oil prices moved lower at the same time, providing a contrasting backdrop to bitcoin’s resilience.

Source: CoinDesk

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