# Bitcoin holds above $84,000 as oil falls, despite more than $600 million in weekly ETF outflows

Iran said Washington's reply on reopening the Strait of Hormuz falls short, Kyiv first denied and then backed a Trump-announced energy ceasefire, and Ethereum Foundation-linked wallets sent $11.13 million of ether to Kraken.

- Published: 2026-10-12T05:41:53.098Z
- Canonical: https://polylog.news/crypto/2026-10-12/bitcoin-holds-above-84-000-as-oil-falls-despite-more-than-60
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/10/12/bitcoin-shrugs-off-etf-outflows-to-trade-above-usd84-000-as-oil-falls), [Polylog editors](https://polylog.news), [CoinDesk](https://www.coindesk.com/markets/2026/10/11/president-trump-declares-energy-ceasefire-between-russia-and-ukraine), [crypto.news](https://crypto.news/ethereum-wallets-move-11m-to-kraken-is-a-sell-off-coming/), [Cointelegraph](https://cointelegraph.com/markets/bitcoin-ether-etfs-october-outflows-billion)

Bitcoin traded above $84,000 in early Asian trading on Monday and held its weekend gains as oil prices fell. It had moved back above that level on Sunday. The price held even though exchange-traded funds (ETFs) lost more than $600 million t…

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