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Quick Answer. Bleeding in the ear most often indicates a perforated or ruptured eardrum, but can also result from more serious conditions such as head trauma or ear canal cancer, according to Healthgrades. Individuals who fall or strike their heads and experience bloody ear discharge need to seek emergency medical care. Continue Reading.
The most likely cause of the bleeding is from the skin of the outer ear canal after you have been drying your ears a little too vigorously. In the absence of infection, and with you feeling perfectly well and retaining normal hearing, I am sure that you are wise to accept the advice of your GP and carry on as you are.