Binance's large Bitcoin holdings in cold storage could impact market liquidity and price dynamics, highlighting centralized control risks. Binance cold wallet holds nearly 250,000 Bitcoin, ranking first.
FIL and ZRO are among the biggest gainers over the past 24 hours.
About 1.59 million BTC traded in the range, which was identified as a major support zone.
Strive expanded its bitcoin reserves by 2,000 coins last week, allocating approximately $169 million for the acquisition. Shares of ASST increased roughly 2% on the disclosure, hovering around the $30.50 mark.
Shares of Metaplanet (MMTPLF) have gained around 6% across the last five trading sessions, even as the Japanese Bitcoin treasury company remains down approximately 26% year-to-date. Recent weeks have seen the firm navigate a fresh income-generation plan while addressing growing shareholder concerns about corporate governance and transparency.
An Anonymous Bitcoin trader 4chan, known for correctly predicting Bitcoin's Oct. 6, 2025 peak, is once again in the spotlight for its second prediction. His BTC cycle model marked Oct.
This shallower decline isn't limited to the one-year anniversary. The bear market itself has been milder with past downturns seeing prices plummet 77% to 85%.
The historical timing sequence offers a basis for cycle-low projections, while named analysts have set potential price targets for Bitcoin and Ether.
Binance perpetual and Hyperliquid perpetual markets had more buying than selling, while Coinbase spot and OKX perpetual markets favored sellers.
Bitcoin slid back towards $85,000 on Tuesday after another attempt to break above $87,000 failed, leaving traders caught between a still-supportive recovery and increasingly stubborn resistance. BTC was trading around $85,500 to $85,600 on October 6 after sellers rejected $87,000 for the third time since September 23. The pullback is still modest, but repeated failures at the same level suggest buyers are struggling to turn softer jobs data and ETF demand into another breakout. Bitcoin keeps failing at $87K despite a better macro backdrop Bitcoin has benefited from weaker US employment data, which reduced expectations of another near-term Federal Reserve increase. Yet that tailwind has still failed to push BTC decisively through $87,000. The 10-year Treasury yield remained around 5.
The shift towards call options suggests growing optimism in Bitcoin's future, potentially driving increased volatility and market speculation. Bitcoin options traders lean into upside as short-dated calls gain favor.
The exchange recorded a weekly net outflow of 23,100 BTC, its largest since June 2023.