TL;DR Genius Group has restarted Bitcoin purchases, buying 10 BTC for approximately $854,000. The company paid an average of $85,364 per Bitcoin across purchases made between October 2 and October 5.
The price was $86,182 15 minutes earlier and was down 0.74% over the past hour.
The Bitcoin was valued at about $22.87 million and moved to a new address on Oct. 6.
China's potential crypto market reopening could significantly boost global digital asset demand, contingent on effective risk management. China's crypto rollout could trigger Bitcoin supercycle, says Solana Company CEO.
The service includes virtual IBANs, instant SEPA transfers, Bitcoin-to-euro conversion, Lightning payments and stablecoin support. Businesses can buy Bitcoin directly into self-custody wallets.
U.S. crypto ETFs opened the week under pressure, with bitcoin funds posting $89.90 million in net outflows and ether ETFs extending their losing streak to five sessions.
Binance sees Bitcoin leave in largest weekly outflow since 2023.
Sustained ETF buying and progress on crypto regulation could help determine whether post-election optimism translates into lasting gains.
Bitcoin's price is knocking on the same ceiling that has repeatedly turned buyers away, trading near $86,256 with $87,000 to $87,374 standing between the bulls and a fresh range high.
Bitcoin reserves on Binance are dropping fast as whales continue to scoop the asset off the leading exchange in large quantities despite its price volatility.
The Bull Score of bitcoin, calculated by CryptoQuant, shows 90 out of 100, according to the report published by the company on September 29, 2026. This index summarizes the state of the bitcoin market on a scale from 0 to 100.
The reported ratios were 103.88% for USDT, 100.00% for Ether and 100.47% for BNB. Users' BTC and ETH balances moved in opposite directions from September.