Bitcoin Slips on White Paper Anniversary, Weekly ETF Outflows Hit $600M: Crypto Daybook Americas

Cryptocurrency prices generally moved downward, with Bitcoin falling slightly to around $110,000 on the 17th anniversary of its white paper release, while Ether dropped 1.3%. This dip coincided with significant investor caution, as spot Bitcoin ETFs saw $600 million in outflows this week, and ETH ETFs registered $184.3 million in outflows, reflecting growing macro anxiety over persistent inflation and uncertain Federal Reserve policy. Despite the short-term pullback, on-chain activity remains resilient, and Coinbase reported better-than-expected Q3 earnings, with its Base layer-2 network becoming profitable. Market participants are closely watching upcoming macro data releases and Fed commentary, as derivatives positioning suggests traders are leaning towards income strategies in the current price range.

(Source：CoinDesk)