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Saturday, October 24, 2026Updated 13:28 UTC

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Bitcoin hovers near $80,000 and Ethereum at $2,370 as macro uncertainty and weak institutional flows weigh on crypto markets

Source: Economic Times · Oct 24, 2026 06:52 UTC

Pile of physical souvenir Bitcoin coins — File photo antanacoins / Flickr · CC BY-SA 2.0 · Source

The Quick Take

In recent developments, Bitcoin has dropped to roughly $80,685, while Ethereum hovers around $2,370 due to various market influences. Major altcoins such as XRP and Dogecoin have also experienced dips, some decreasing by 2.2%. A noticeable decline in institutional interest is evident, with substantial outflows from Bitcoin and Ether ETFs. Both Bitcoin and Ethereum are facing challenges sustaining

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