Bitcoin Surges to $85K in Uptober
Bitcoin rose to $85,000 following PCE data, easing losses. Citigroup raised its 12-month target to $113,000, forecasting $5B ETF inflows. Liquidations fell to $35M. #Update #Crypto $BTC
Bitcoin (BTC)
Bitcoin ETFs Plunge $149M Fidelity Sells
Bitcoin ETFs saw $148.69M outflows, ending a 9-day inflow streak; Fidelity’s FBTC led losses with $125.58M. NEAR ETFs gained $14.04M, showing resilience. #Update #Crypto $BTC
Bitcoin Hovers at $84K Despite Oscillators
Bitcoin’s price hovers near $84K with mixed signals as moving averages show bullish trends, but oscillators remain neutral. Key levels: $85,600 and $82,555. #Update #Crypto $BTC
Bitcoin: XRP Hits 6% Valuation Benchmark
Grayscale includes XRP, Zcash, and Litecoin alongside Bitcoin in its digital currency category. XRP’s market cap nears 6% of Bitcoin’s, with Zcash at 1.5%. #Update #Crypto $XRP
Bitcoin Policy: America.gov vs ChatGPT
America.gov launched as a federal digital portal but missed recent crypto legislation updates. Claude and ChatGPT offered more context on regulatory developments. #Update #Crypto
Bitcoin Crashes After $85.5K Surge
Bitcoin surged past $85,500 after lower-than-expected U.S. August PCE inflation data, leading to $55M in short liquidations; analysts foresee a pullback before rallying. #Update #Crypto $BTC
Bitcoin Treasury Grows El Salvador Denies Pivot
El Salvador denies stablecoin pivot, sells Chivo Wallet to private owners, and buys 30 $BTC in 30 days, raising reserves to 7,790 BTC. #Update #Crypto $BTC
Bitcoin ETF Inflows Surge $66M Led by Blackrock
Bitcoin ETFs attracted $66.19M, marking a 9-day inflow streak led by @Blackrock, while NEAR’s debut fund secured $35.99M as institutional interest persists. #Update #Crypto $BTC
Bitcoin Surges to $83K Silk Road Windfall
A dormant wallet since 2011 moved 20.43 BTC worth $1.7M, linked to Slush Pool payouts and Silk Road, ahead of Mt. Gox’s 2026 creditor deadline. #Update #Crypto $BTC
Bitcoin Institutions Launch New Investment Strategies
@TDCowen reports growing institutional interest in bitcoin-backed financial products. @Blackrock sees ETFs and self-custody as complementary. Privacy/security are key issues. #Update #Crypto $BTC
Bitcoin Allocation Urged: $500K Target by 2030
Ric Edelman now recommends a 10-40% bitcoin allocation, up from 1%, predicting $BTC could hit $500K by 2030 due to increased global adoption. #Update #Crypto $BTC
Bitcoin Treasury Surges $294M via Shares
Capital B raised $1.1M to buy 13 more bitcoin, expanding reserves to 3,538 BTC worth $294M; shares admitted on Euronext Growth Paris. #Update #Crypto $BTC
Bitcoin Holds Steady Above $83K Mark
Bitcoin fluctuated between $82,807 and $84,545 amid Middle East tensions and rising oil prices, capping its near-term upside. Liquidations hit $78M. Crypto $BTC
Bitcoin ETFs Surge with $3B Inflows
Bitcoin ETFs added $31.07M Monday, extending an eight-day inflow streak to $3B, led by @BlackRock. Institutional demand remains despite slowing inflows amid macro pressures. #Update #Crypto $BTC