Bitcoin Price Drops to $81,668 as $635M ETF Outflows Shake Crypto Market

Bitcoin price fell to $81,668 on Friday, October 23, as investors withdrew $635.6 million from U.S. spot Bitcoin ETFs. Ethereum and XRP also declined, while $418 million in long liquidations, falling technology stocks and rising oil prices added pressure to the crypto market. Bitcoin (BTC) traded near $81,668, down 0.7% over 24 hours, after failing to extend its recent recovery toward $84,333. BTC moved between $80,989 and $82,265 during the period, leaving it close to the $80,000 level that traders are watching closely. The latest decline follows a failed attempt to break above $85,000 on October 21.