Bitcoin price $80,913: why ETF buyers are still in the red

On the record: Bitcoin trades at $80,913 on Wednesday morning, and the US spot ETFs bought their holdings at an average of roughly $81,500. The price therefore sits just below the entry level of the largest institutional buyer group in the market. Our own assessment follows further down: this line carries more weight on Wednesday than the evening interest rate decision, and the section setting out why closes this article. Bitcoin price on Wednesday morning: $80,913 after a quiet night The price stands at $80,913 on Wednesday morning, measured against CoinGecko market data.