Bitcoin is trading above $84,000 despite U.S. spot Bitcoin ETFs recording $681 million in net outflows last week, the highest weekly withdrawal since June according to SoSoValue. The bulk of these outflows occurred on October 7 and 8, signaling cautious institutional sentiment amid volatile flows and a demanding macro backdrop that saw Treasury yields reach 24-year highs. Market participants are closely watching the $82,000 level as critical support that bulls must defend to prevent deeper losses. Attention now shifts to the upcoming U.S. inflation data scheduled for October 14 as the next major macro catalyst. Concurrently, oil prices have declined following President Donald Trump’s announcement of an agreement for Russia to supply 300,000 metric tons of diesel fuel, marking a partial easing of sanctions, though disputes over a claimed energy ceasefire persist.