Bitcoin Holds Above Eighty One Thousand Amid ETF
PUBLISHED Oct 17, 2026, 4:55 AM ET
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Bitcoin traded above eighty‑one thousand dollars on Saturday, as investors weighed mixed U.S. spot ETF flows and outflows. The price, which had recently slipped below the eighty‑one‑thousand mark, rebounded after a brief dip, reflecting cautious sentiment amid stronger economic data. Market watchers note that the recent outflows from spot ETFs have tempered enthusiasm, yet the digital currency remains resilient, holding above the key support level. The cryptocurrency’s journey from a two thousand‑eight white paper to a twenty‑six market mainstay underscores its volatility and regulatory challenges. Despite legal tender experiments in El Salvador, Bitcoin continues to attract both institutional and retail interest, with its price movements closely tied to ETF activity and macroeconomic indicators.
By Elena V. | JQJO News
Timeline of Events
- 2008 — Bitcoin invented by unknown author pseudonym Satoshi Nakamoto
- 2009 — Bitcoin open‑source implementation released to public
- 2021 — El Salvador adopts Bitcoin as legal tender
- On May 5 2026 Bitcoin price tops eighty‑one thousand during Asian trading.
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