Bitcoin is eyeing a move toward $90,000 and $100,000 after clearing an $85,000 sell wall, supported by thin liquidity, a returning accumulation pattern, and surging options trader interest.
Bitcoin climbed back above $86,000 as US spot Bitcoin ETF demand rebounded and short covering accelerated upward momentum ahead of the upcoming US jobs report and macroeconomic data releases.
NEAR's newly introduced US exchange-traded fund faces an early stress test after a $3.8 million security exploit impacts the token and causes a 10% price drop.
Bitcoin surges 43% in the third quarter, outperforming gold and US equities while driven by a wave of capital from spot exchange-traded funds and shifting futures markets.
Bitcoin failed to maintain its breakout above $85,000, retreating below $84,000 as spiking government bond yields and recovering stock markets followed the release of the August PCE inflation report.
Bitcoin recently surged to an eight-month peak near $87,400, but weakening spot demand, declining ETF inflows, and rising profit-taking suggest the market faces a cooling phase and shifting liquidation risks.
