Bitcoin has entered the final quarter of the year and has been the topic of conversation amongst leading market players.
Bitcoin's rally is approaching a $90,000 test as a rare accumulation pattern reappears and sell-side liquidity thins. On Oct. 2, Bitcoin registered an intraday high at $87,000 after buyers broke through a sell wall around $85,000 that had stalled several previous attempts to advance.
Bitcoin price has retreated toward $84,000 after reaching $87,220, while Bitfinex analysts have identified sustained buying above $86,500 as a condition for further gains. Bitfinex's Analyst Team, in comments provided directly to crypto.news, said renewed U.S.
The company plans to hold U.S. Treasuries and other interest-bearing assets between Bitcoin positions as it seeks to outperform a buy-and-hold strategy.
Most bitcoin treasury companies follow the buy-and-try-to-hold model pioneered by Strategy, the publicly traded giant with nearly $72 billion worth of BTC. But a new entrant to the space says it already plans to sell acquired assets in an effort to beat bitcoin's price moves.
Why is bitcoin down so much today despite the positive macro news in the US?
South Africa's Absa Bank is offering Bitcoin custody services, signaling a new step for institutional crypto access in the country.
Bitcoin's Q3 surge highlights its potential as a high-reward asset, but macroeconomic shifts and profit-taking could impact future performance. Bitcoin jumps 42.9% in Q3 2026, leaving gold and stocks behind.
On October 2, bitcoin surpassed 86000 dollars. It also briefly approached 87100 dollars, supported by the recovery of ETF inflows and the liquidation of short positions.
Circle announced this Friday the deployment and institutional use cases of its new wrapped Bitcoin, dubbed cirBTC, available on the Ethereum and Arc networks.
The total across Binance, Bybit and OKX was $11.65 million as Bitcoin fell 0.56%.
Utexo has outlined an October launch for USDT on Bitcoin, with three planned services covering private transfers, direct BTC swaps, and Bitcoin-backed loans.