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.
While August set a record for dormant bitcoin spending, September still saw a healthy batch of long-idle coins stir, with 5,419.45 BTC valued at $457.23 million shifting to new addresses. Although the pace cooled, dormant spending last month remained comfortably above July's tally.
September U.S. payrolls increased by 29,000, and the unemployment rate was 4.2%. An XRPL lending amendment proposes changes to vaults and interest accounting.
Strategy's (NASDAQ: MSTR) large Bitcoin holdings now sit at the center of a capital-markets operation that raises fresh dollars and distributes regular, dollar-denominated income to preferred investors, while common shareholders retain leveraged exposure to further coin accumulation.
The past week brought a broad shift in crypto market momentum. Bitcoin moved back above $85,000 before climbing above $87,000 after weaker-than-expected U.S. jobs data, while XRP and Shiba Inu entered October with several notable developments.
Leading asset management firm BlackRock has significantly expanded its Bitcoin holdings after a month of consistent inflows through its Bitcoin funds.
The banking behemoth has increased both targets after the latest price developments.
Bitcoin trades near $84.6K after failing above $87K. Weak U.S. jobs data and ETF demand keep $90K in play if resistance breaks.
Bitcoin whale selling shifts focus to $82.5K support after a price rejection near the $87,000 level.
Bitcoin traded between $84,614 and $84,887 on Saturday, Oct. 3, 2026, after a sharp rejection from a 24-hour intraday high of $87,085, leaving the market wedged between short-term consolidation and a broader bullish structure.