Bitcoin has gained about 42.5% heading into the end of Q3, but Bitfinex analysts have warned that another sustained advance will require stronger spot buying as leverage falls and ETF inflows slow. Bitfinex Alpha reported on Sep.
El Salvador's National Bitcoin Office denied that the government is pivoting toward stablecoins, saying it has no plans to launch or operate any Bitcoin, crypto or stablecoin wallet. The clarification follows the sale of Chivo Wallet to a private operator and controversy around Sivar, a stablecoin-based remittance application operating on Base.
Bitcoin's post-midterm history deserves attention, as the $73,000 short-term holder cost basis potentially becomes important support.
Miller's critique highlights the risk of rigid index rules potentially excluding diverse companies, impacting market dynamics and investor access. Bill Miller IV critiques MSCI's proposal to exclude Bitcoin treasury firms.
Bitcoin registered a 25% rebound from annual low of $57,800 reached on July 1, 2026. Spot price trades around $83,000-$84,000, representing a 9.62% year-to-date loss relative to opening price of $87,508 on January 1. The contradiction between short-term rally and negative annual return is not anecdotal.
Bitcoin later fell to $84,350 after the move. Derivatives markets also liquidated $27 million in long positions over the same four-hour period.
BTC slipped back below $84,000 after briefly topping $85,000 following August PCE data, while oil recovered and gold eased.
Bitcoin traded at $83,956 on Binance spot at 1:38 p.m. ET (17:38 UTC) Wednesday, down from $84,099 15 minutes earlier.
Bitcoin pumped above $85,500 on Wednesday morning following the release of lower-than-expected U.S. PCE inflation data for August—but a quick pullback erased most of the gains.
Federal prosecutors in Massachusetts have opened a civil forfeiture case aimed at recovering digital assets they say are connected to a 2023 account takeover that drained 33.7 bitcoin from a single Coinbase (NASDAQ:COIN) login.
Applications opened Sept. 30, with the regime expected to begin Oct. 25, 2027.
Bitcoin ETFs added $66 million Tuesday, matching August's nine-day run and topping it in dollars. How long will the streak stay alive?