Bitcoin surged above $86,000 twice on Tuesday, driven by momentum from the Commodity Futures Trading Commission's proposed crypto regulations and a recent SEC proposal on crypto custody. After a midday sell-off, bitcoin rallied to a peak of $86,450 before settling above $86,200, with its market cap nearing $1.72 trillion. Analysts expect bitcoin to trade between $84,000 and $87,722 ahead of upcoming U.S. inflation data, which could influence further price movements. The regulatory developments have been praised for their innovative approach but also face caution over customer asset protections.
Bitcoin trades at Rp1.530.681.021 on Pluang as of Oct 07, 2026 00:42 WIB, showing a modest 0.12% gain in the past day. This steady price aligns with the article's note of Bitcoin holding gains above $86,000 following regulatory news. Market activity on Pluang shows a balanced interest with 53% sell orders and 47% buy orders, while typical holders keep Bitcoin for about 111 days.
Zcash and Monero were the top-performing large cryptocurrencies over 24 hours, with Zcash up 3% and Monero 2.14%, while Bitcoin and Ethereum rose only slightly by 0.59% and 0.34% respectively. The crypto market remains largely flat, influenced by the...
Wintermute reports that the cryptocurrency bull cycle is still in its early stages, despite recent pauses in top altcoins like NEAR, XRP, and ARB. Bitcoin remains strong, holding key support levels and showing potential for further gains, though infl...
Bitcoin's price is trading near $86,256, approaching a strong resistance zone between $87,000 and $87,374. The technical outlook remains bullish with 13 moving averages supporting the uptrend, but some short-term caution arises from neutral oscillato...
Binance has experienced the largest Bitcoin outflows in three years, with around 40,000 BTC worth $3.3 billion withdrawn over two weeks. This surge in withdrawals is driven by large holders (whales) accumulating Bitcoin off the exchange despite price...
Strategy reported a $20.91 billion gain on its bitcoin holdings in Q3 2026, surpassing Meta's $19 billion quarterly operating income. However, losses of $14.46 billion and $8.32 billion in Q1 and Q2 leave the company about $1.87 billion underwater on...
