A Bitcoin (BTC) wallet that sat untouched for more than 15 years has suddenly become active, moving 20.43 BTC, now worth roughly $1.7 million.
Bitcoin was at $85,030 15 minutes earlier and was up 0.03% over the prior hour.
Bitcoin's recovery is drawing support from softer employment figures and renewed investment demand, according to 21shares. The firm's strategist views reduced expectations for further monetary tightening as favorable for cryptocurrencies heading into the final quarter. Softer Jobs Data Put Bitcoin's $87K Barrier in Focus Bitcoin broke through $85,000-$86,000 overnight and was testing $87,000 on Oct.
The price was $84,968 15 minutes earlier and was up 0.18% over the previous hour.
Bitcoin was quoted at 85,004.25 USDT on Oct. 4, 2026, after moving above the 85,000 USDT level.
Bitcoin traded at $612.13 on Oct. 3, 2016. A decade later BTC is above $84,000 as ETFs, corporate treasuries and institutional demand reshape the market.
Difficulty stood at about 132.72 trillion after the Oct. 3 adjustment, while estimated network hashrate was 986.07 exahashes per second.
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According to data, Bitcoin's blockchain logged an extremely modest difficulty adjustment at block height 969696, dropping by a mere 0.03%. Hashprice has held above $40 per petahash, while the network's computational power has remained below 1,000 exahash per second (EH/s). Bitcoin Difficulty Barely Budges With 0.
Arthur Hayes, chief investment officer of the crypto fund Maelstrom and chief executive of Flop Labs, is arguing that the artificial-intelligence buildout is less a durable earnings story than a credit boom whose eventual strain could force official liquidity back into digital assets.
About 5,400 BTC moved in September. Wallets created in 2016 accounted for the largest reported cohort, with 1,556.53 BTC moved across 13 transactions.
Bitcoin is trading around $84.7K after a strong recovery from the $60K area over the past couple of months. The charts show improving market structure, but BTC is now approaching a significant resistance cluster at $88K.