He also named potential Fed policy shifts, U.S. government purchases and stimulus, and described ETF demand as supportive.
As the Bank of Russia moves to regulate the mainstream adoption of cryptocurrency in the country through the Federal Law No. 282-FZ, which sets the legal rules for cryptocurrencies and digital rights in Russia, the central bank has established that transactions must be conducted strictly through state-supervised intermediaries and organized trading.
CleanSpark mined 529 BTC in September, sold 702 BTC, and ended monthly updates as BitFuFu output slid and Canaan stayed at 44 BTC.
Morgan Stanley is seeing early signs of Bitcoin entering broader portfolio allocations. The bank has raised lending limits against Bitcoin ETPs and is exploring loans backed by spot crypto.
Google search interest in Bitcoin and BTCUSD has fallen to multi-year lows in October 2026, reflecting reduced retail attention during the market correction. Bitcoin has retreated from its October 2025 all-time high of $126,080 and is trading around 82,500–83,400 in mid-October 2026.
Weekly growth fell to 16,500 BTC from about 55,000 BTC around the turn of October, while a separate 30-day apparent-demand measure remained negative at 23,000 BTC.
James Thorne linked his view to changing market structure and his experience with commodities supercycles.
Bitcoin fell back around $81,000 after US inflation exceeded expectations, reviving the risk of another rate hike by the Federal Reserve. The simultaneous decline in stocks, copper and bond yields, while gold rises, mainly reveals a general flight to assets deemed safer.
The philosopher ties Bitcoin's appeal to its role as a refuge from money printing and expects academics to understand it after innovators, finance professionals and journalists.
The scenario involves an implanted program that sends a user's seed phrase to an attacker.
Bitcoin registered an intraday low of $79,730 before recovering to around $82,000 as surging US wholesale inflation intensified a cryptocurrency selloff that triggered nearly $940 million in liquidations. This price action extended losses as stronger-than-expected inflation data raised concerns about another interest rate hike by the Federal Reserve.
Bitcoin staged a rapid recovery Thursday, climbing back above $82,000 to trade slightly higher over 24 hours with a market cap near $1.65 trillion. BTC Rebounds Above $82K After CPI Volatility Bitcoin appeared to recover from a morning rout Thursday after it reclaimed $82,000 just hours after sliding below $80,000.