Bitcoin reclaimed the $82,000 level on Monday, up nearly 2% for the day but still down over a seven-day period and down 2% since the start of October. U.S. investors pulled $228.4 million from bitcoin ETFs managed by BlackRock, Fidelity and Grayscale last week according to data from Farside Investors. Despite the sluggish October start, bitcoin had its best third quarter since 2024 and analysts consider it to be in a bull market after spending most of the year trading below $70,000, well below its all-time high of $126,080.
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