[Bitcoin now] Bitcoin holds $80,000 as trading volume and active wallets decline

Bitcoin held above $80,000 but slipped as trading volume and active wallets declined. Sentiment improved within neutral territory, while exchange outflows offered a counterpoint to weaker market participation.

As of October 25, 2026, at 11:23 UTC

Bitcoin extended its recent decline as trading activity and network usage weakened. Sentiment and search interest improved, but daily momentum remained negative.

📈 Price now: $80,306 (-0.30%) Bitcoin remained above $80,000 despite a modest decline. The latest move left its recent downward trend intact.

Trading volume: $18.60 billion (-14.87%) Turnover fell alongside the price, indicating reduced trading participation.

Daily return: -0.56% Returns over the latest five days were +1.28% on October 21, -3.18% on October 22, -0.28% on October 23, -0.37% on October 24 and -0.56% on October 25. Bitcoin rose on the first day before recording four consecutive daily declines.

Asset comparison: S&P 500 down; gold at $3,995.52 The S&P 500 fell 0.52% to 7,623.68. No change figure was available for gold, preventing a comparison of its direction.

MACD: daily -387; weekly 2,266 The negative daily reading indicated weaker short-term momentum. The positive weekly reading suggested that the longer-term momentum signal remained stronger.

❤️ Sentiment now: Bitcoin dominance 60.18% (+0.06 percentage points) Bitcoin’s share of the cryptocurrency market increased slightly as its price declined. That combination alone does not establish stronger buying demand.

Fear and Greed Index: 54 (Neutral) The reading increased from 51 the previous day and 53 a week earlier. Sentiment improved but remained in neutral territory.

Google Trends score: 82, versus 74 previously Search interest increased despite lower trading volume. The indicators showed a divergence between attention and trading activity.

🧭 Market now: SOPR 1.0018 The reading was slightly above the breakeven threshold, indicating that coins moved on-chain were, in aggregate, realizing a small profit.

Funding rate: +0.01% (+8.7% annualized) Positive funding meant long positions paid short positions. The rate declined from its previous reading, while the funding regime remained neutral.

Exchange reserves: 2,497,579 BTC Reserves declined slightly, indicating a modest reduction in bitcoin held on exchanges.

Exchange net flows: 236 BTC net outflow More bitcoin left exchanges than entered them. This pointed to withdrawals rather than an increase in exchange-held supply.

Active wallets: 579,621 The October 24 reading fell from 644,858 previously. Together with lower trading volume, the decline indicated weaker network and market participation.

This column is based on market data and indicator analysis and does not constitute investment advice.