
Bitcoin Stalls in the $84,000 Cost-Basis Cluster as Leverage Drains
Coin-denominated open interest is down about 20% to its lowest since March, while bitcoin sits in the band where more coins were last bought than any other.
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Coin-denominated open interest is down about 20% to its lowest since March, while bitcoin sits in the band where more coins were last bought than any other.

Three outlets read Monday's tape at three different hours and got $84,466, $83,244 and $82,742. One of them contradicts itself inside a single report.

River Financial says 81% of Bitcoin's circulating supply has not moved in at least six months, leaving roughly 3.7 million coins to do the trading. Long-term holders have added more than 3 million BTC since 2020. Dormancy alone does not prove fresh demand.

Uptober starts on Thursday, and an Instagram post counting down to it says a bull market is coming soon. Bitcoin is holding near $84,000 after a quarter up roughly 43.5%. The seasonal record is strong, and last October broke it.

The fund will list under the ticker NRR at a 0.75% annual fee and intends to stake all of its NEAR. Accounts of when the approval landed do not agree.

A six-session run to Thursday brought in $2.84 billion and closed a deficit the funds had carried since the summer. Three counts of the year's net figure do not agree.

Deribit settled one of its largest expiries of the year at 08:00 UTC with bitcoin just above $84,000. Five outlets read the notional differently.

The 10-year Treasury yield ran past 5.1% on Wednesday and bitcoin gave up $87,000. Outlets do not agree on how much of the long side was liquidated.

Robert Kiyosaki told his followers on 15 September that the biggest crash in history has started, and repeated his advice to hold gold, silver and bitcoin over cash. He blamed debt, the AI boom and retiring Baby Boomers.

Trading and deposits stopped at 04:00 UTC on Wednesday. Withdrawals remain open, and balances left behind start paying an account fee.

Open interest on the perpetuals venue reached $18 billion on Wednesday, four days after a $16.36 billion record. Markets with no crypto in them are doing much of the growing.

CME Group will add standard and micro futures on Bitcoin Cash and Uniswap's UNI on 19 October, pending regulatory review.