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#Bitcoin supply absorption

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Bitcoin Starts New Quarter Trading in Familiar $82,000-$85,000 Range
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Bitcoin Starts New Quarter Trading in Familiar $82,000-$85,000 Range

Key Highlights: Bitcoin remains range-bound between $82,000 and $85,000, trading at $83,941.93. U.S.-listed spot Bitcoin ETFs recorded $148.7 million in net outflows on Wednesday, ending a nine-day inflow streak worth $3.08 billion. The Bitfinex Absorption-to-Emission Ratio fell from 25.6x on Sept. 21 to 1.8x on Sept. 29, signaling sharply reduced ETF absorption of newly mined ...