Altcoins rally on thin trading as bitcoin holds below $83,500
The CoinDesk 80 has risen around 3% in 24 hours, more than double the CoinDesk 5, while spot bitcoin ETFs lost $681 million last week.
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Summary
- Smaller tokens are outperforming, with the CoinDesk 80 up around 3% over 24 hours against 1.2% for the CoinDesk 5, as bitcoin trades below $83,500.
- CoinDesk research shows bitcoin and ether order books have rebuilt since the Oct. 10, 2025 flash crash, while altcoin liquidity has continued to thin.
- U.S. spot bitcoin ETFs recorded $681 million of net outflows last week, the most since June, ahead of Wednesday’s U.S. CPI data.
