Bitcoin holds near $81,200, Ethereum at $2,415 as institutional inflows cushion global market pressure
Bitcoin and Ethereum fell on Thursday amid hotter-than-expected US inflation data, rising Treasury yields, and weaker global equities, though institutional inflows into spot ETFs cushioned the decline. Bitcoin traded near $81,200, down 2.66%, while Ethereum hovered around $2,415, down 5.42% over 24 hours. US spot Bitcoin ETFs attracted $175.62 million in inflows, and Ethereum ETFs recorded $24.84 million, ending a 10-session withdrawal streak. Nearly $944 million in crypto positions were liquidated over 24 hours, with $487 million in the latest one-hour window, according to CoinGlass. Global crypto market capitalisation fell 2.97% to $2.72 trillion. September CPI rose to 3.7% annually against a 3.6% forecast, with core inflation at 2.6%. The crypto Fear and Greed Index slipped to 48, indicating neutral sentiment. Major altcoins including BNB, XRP, Solana, and Dogecoin corrected by up to 11.94% over the past week.