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Bitcoin regains $84K despite weekly ETF outflows, helped by lower oil prices

October 12, 2026, 4:57 AM
Bitcoin regained the $84,000 level while holding on to its weekend gains as international oil prices fell, CoinDesk reported. CoinDesk said $681 million flowed out of U.S. spot Bitcoin ETFs on a net basis last week, but Bitcoin recovered the $84,000 mark amid lower oil prices and most major cryptocurrencies also moved higher. CoinDesk added analysts see $82,000 as a key support level for Bitcoin, while the U.S. September consumer price index due on Oct. 14 could act as a major market variable.

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