Bitcoin traded around $74,000 at Wednesday’s Wall Street open and did not follow US stocks higher. It remained between its 21-week and 50-week moving averages, at $73,078 and $75,492. CoreWeave rose more than 20% after reporting better-than-expected third-quarter revenue and raising its 2026 guidance.
The US 10-year bond yield reached 5.02% after higher-than-expected inflation data, even as stocks rose. On Tuesday, short-term Bitcoin holders sent more than 47,000 BTC to exchanges at an unrealized loss. The report said this could signal more panic selling if those coins were sold.
