Polymarket traders give a 59.5% chance that bitcoin touches $90,000 before October ends, and a 49.5% chance that it drops to $80,000. The Contract Polymarket's odds stand at 56% for a contract that says bitcoin will be “above $90,000 this month”. By early this morning, the price on that contract had risen to 59.
Open interest in Bitcoin futures and perpetual contracts reached about 653,000 BTC on Oct. 2, up from roughly 626,000 BTC on Sept. 30.
Rising open interest and funding rates signal renewed demand for bullish bitcoin exposure.
Strategy's reliance on Bitcoin's growth for dividends highlights the increasing integration of cryptocurrency in corporate financial strategies. Bitcoin's 20% gain supports Strategy's 12% dividend payout, says Saylor.
The campaign connects Bitcoin with Cash App, Square and Bitkey. More than 24 million Cash App customers have bought Bitcoin, a cumulative figure that does not show current holdings or payment use.
TL;DR Upbit announced trading support for Dolphin (POD) across KRW, BTC and USDT markets on October 2. A Korean-won pair gives POD direct access to one of crypto's most closely watched domestic liquidity pools.
A Tether-backed project, Utexo, plans to support private USDT transfers, direct swaps between BTC and USDT and loans backed by BTC, while keeping most transaction data off Bitcoin's public ledger.
Bitcoin climbed back towards $86,000 on Friday, putting the cryptocurrency within striking distance of the resistance zone that has repeatedly capped its recovery. BTC traded around $85,969 after reaching an intraday high of $86,794, helped by easing US Treasury yields and more than $200 million of short liquidations over 24 hours. The immediate test sits around $87,000 to $88,000, with $90,000 increasingly visible beyond it. Positioning remains cautious enough that a clean breakout could force traders to chase the move, adding fuel as resistance thins. Bitcoin is running out of resistance before $90,000 The analysts noted that Bitcoin was testing a $86,200 to $88,000 supply zone on Friday after reclaiming $85,000.
Federal Reserve Vice Chair Philip Jefferson has signaled that policymakers may need more time before raising interest rates again, lowering expectations for an October hike as Bitcoin tries to recover while U.S. Treasury yields remain above 5%.
Bitcoin whale stablecoin inflows to Binance climbed 40% to $30.5B over 30 days, while BTC trades near $86,000 and exchange liquidity rises.
Bitcoin is one of the assets that can provide diversification beyond traditional stock-and-bond portfolios, according to Jurrien Timmer, director of global macro at Fidelity Investments.
TokenPost's spot-market snapshot was recorded at 2:41 a.m. ET (06:41 UTC) Oct. 2.