Bitcoin Daily Wrap, 11 Oct 2026

Bitcoin traded at $82,987 on CoinGecko at the time of our snapshot on the evening of 10 October, up 0.51% over 24 hours. That's a modest move, but it sits against a weaker backdrop: the coin is down 2.07% over seven days, though still up 7.43% on the month. Over the year it has lost 27.69%, and it remains 34.18% below its all-time high of $126,080. Bitcoin's share of the crypto market stood at 59.09%. The Fear and Greed index read 64, firmly in Greed, slightly below the 67 it recorded a week earlier.

US spot bitcoin ETFs recorded a net outflow of $87.4 million on 8 October, the latest trading day in our data, which deepened a five-day net outflow of $220.2 million. On our figures, the funds have been giving back capital at a steady pace rather than in one sharp burst, even as the wider price has held near $83,000. Holdings across the sector are substantial. ETFs hold about 1,484,810 BTC, with iShares Bitcoin Trust (BlackRock) the largest at roughly 804,754 BTC. Public companies hold around 1,213,871 BTC, led by Strategy (MicroStrategy) with 848,000, while governments hold about 518,526 BTC and miners about 98,709 BTC.

On the network, block height reached 970,838, leaving 79,162 blocks until the next halving, which we estimate for 24 March 2028. Hashrate sits at 1,025 EH/s, and the next difficulty adjustment is projected at 3.73% higher. Among today's headlines, Decrypt reports that a Sam Altman-backed life insurer runs entirely on bitcoin and has just raised $37.5 million. CoinDesk reports that bitcoin and ether liquidity have rebuilt a year after the 10/10 flash crash, though altcoins still face risks. CoinDesk also notes that bitcoin's volatility has plunged, yet extreme price swings are more frequent than in 2018.