As Bitcoin (BTC) closed the third quarter (Q3) 2026 up over 43%, ending its third consecutive quarter of overall losses, users paid nearly $21 million in total transaction fees during the period.
BTC is below its 21-period EMA and temporarily finding support near the 50-period EMA, while its RSI has returned to a neutral 50.
BTC fell 3.6% to $80,764 as South Korea's Kospi sank 8% and Japan's Nikkei dropped 5.2% in a risk-off selloff following hot US inflation data.
The scenario projects trend growth settling below its pre-AI baseline and real wages per worker ending about 15% below the no-AI path.
Open interest increased after September inflation data, while spot Bitcoin ETFs recorded about $859 million in net outflows over six trading sessions.
A separate liquidation cluster sits near $75,000, while short positions have accumulated above $85,000 over the past week.
Here's the actual inflation data, broken down to sectors and why some fields are doing much worse than others.
Siebert Financial analyst Brian Vieten sees Bitcoin surpassing $175,000, implying a 117% rally as ETF outflows and inflation pressure BTC.
Bitcoin traded near $81,200 in early U.S. hours, while 94 of 100 tracked crypto assets declined.
The new UK tax rules could compromise user privacy, potentially exposing Bitcoin users to security risks and international data sharing. UK tax rules raise fears of linking Bitcoin users to their home addresses.
Bitcoin fell to just above $80,000 before recovering toward $81,000, while the crypto market briefly lost more than $100 billion in value. South Korea's Kospi plunged 8% and Japan's Nikkei fell 5%, extending a global risk-off move after hotter U.S. inflation renewed rate concerns.
Avanza Bank's indirect Bitcoin exposure highlights the growing trend of cautious institutional investment in cryptocurrency through proxies. Avanza Bank holds $298K in shares of Bitcoin treasury company Strategy.