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Bitcoin is about $77,874, and the latest ETF figure is still an outflow of $643.2 million
Daily on Cardano
Bitcoin spent Sunday a little above yesterday's print, with no new row from the funds. Around 14:10 Central European time, CoinMarketCap holds Bitcoin at $77,873.94, up 0.60 percent. CoinGecko gives $77,873 and a gain of 0.54 percent. The working price is $77,874, up 0.6 percent from yesterday's $77,413. The 24-hour range is $77,253 to $78,147. Over seven days Bitcoin is down 3.07 percent, and over 30 days it is down 10.21 percent. Ether is at $2,260.52. Bitcoin dominance on CoinMarketCap is 58.4 percent. The six-week low after the attack, according to crypto.news, was about $76,100.
The funds are still on Friday
Farside for 30 October records Bitcoin minus $643.2 million. IBIT is minus 233.7, FBTC minus 201.0, ARKB minus 129.5, GBTC minus 53.3, and BITB minus 25.7. Ether the same day is minus $155.7 million. Solana is minus 10.8. On 28 October Bitcoin was plus $137.3 million. On 29 October it was plus 17.2, with ether minus 105.5 and Solana minus 27.7. There is no trading for 31 October and 1 November. The next figure will be for Monday, 2 November. Cumulative net inflows into the US spot Bitcoin ETFs, the Total row on Farside, are $57,048 million. CryptoSlate writes that open interest is rising despite the outflows and that the US jobs report is on 6 November.
The network and the pair against ADA
Around 14:10 mempool.space gives fees of 2 and 1 satoshi per virtual byte. Hashrate is about 1,076 exahash per second. The retarget at height 975,744 is estimated at plus 0.21 percent, around 12 November at 19:18 Central European time. Yesterday the estimate was minus 3.62 percent. That is a change in the estimate, not an adjustment that has already landed.
In the same hour Bitcoin is up about 0.6 percent and ADA is up about 0.2 percent. The pair still slipped for a third straight day, from 249.4 to 248.6 and then to 247.8 satoshis. In a recovery, capital returns to bitcoin first. Monday's ETF figure and Binance's proof of reserves on 3 November are the keys to whether risk appetite spreads to altcoins. Without that, the levels being watched for ADA are $0.1919 and $0.1838. That is a scenario, not a forecast.
Sources: CoinMarketCap, CoinGecko, crypto.news, the low, Farside, Bitcoin, Farside, ether, Farside, Solana, CryptoSlate, derivatives, mempool.space, difficulty adjustment.