Crypto markets opened the week with a firmer tone, but the backdrop remained mixed: Bitcoin bounced with stocks, U.S. spot crypto ETFs continued to see outflows, and policy and infrastructure headlines kept stablecoins and institutional adoption in focus.
Bitcoin follows rebound in risk assets
Bitcoin rose above $82,000 as U.S. stocks and Nasdaq futures recovered, helped by stronger China GDP data and improved risk appetite. Related market coverage also pointed to Bitcoin retesting the $80,000 area as equities try to stabilize after last week’s losses.
Sources: CoinDesk, CoinDesk, Cointelegraph, CoinDesk
ETF outflows continue to weigh on the market
US spot Bitcoin and Ether ETFs saw combined weekly outflows, with Bitcoin funds extending their withdrawal streak and Ether products adding to October redemptions. Separate market coverage said Bitcoin ETFs had nearly $1 billion in net outflows over two weeks.
Sources: Cointelegraph, Decrypt
Stablecoin and payments headlines remain active
World Liberty Financial’s USD1 stablecoin lost more than $400 million in market cap over two weeks amid redemptions on Ethereum and BNB Chain. In separate developments, France advanced a tax amendment covering certain stablecoin swaps, while JPMorgan was reported to be bringing JPM Coin to Ethereum for institutional clients.
Sources: Cointelegraph, Cointelegraph, Cointelegraph, CoinDesk
Strategy adds Bitcoin and expands buybacks
Strategy said it added 267 Bitcoin while repurchasing 1.94 million STRC shares and increasing its preferred stock buyback authorization to $3 billion.
Sources: Cointelegraph
Security, custody and infrastructure updates
A dormant Bitcoin wallet moved 411 BTC, while a UK trio was jailed over a failed home-invasion crypto theft attempt. On the institutional side, Deutsche Bank targeted Asia crypto custody expansion in 2027 after an initial Germany launch, and crypto vault deposits reportedly topped $10 billion as lending risks drew regulatory scrutiny.