Bitcoin's price is consolidating near $85,000 with potential to reach $90,000 if it breaks above resistance, supported by a possible bull flag pattern. However, geopolitical risks persist as Iran's closure of the Strait of Hormuz remains until seven US conditions are met, threatening prolonged shipping disruptions that could increase inflation pressure. Additionally, rising US Treasury yields and upcoming economic reports may test Bitcoin's momentum, with leveraged long positions facing liquidation risk if support fails. Renewed US demand is indicated by the recovering Coinbase Premium Index, but market direction remains uncertain amid these competing factors.
The story on Iran's Strait of Hormuz closure and Bitcoin's price near $85,000 provides context for cryptocurrency market activity. For readers following crypto markets, here is Pluang's snapshot as of Oct 04, 2026 18:02 WIB: out of 50 major cryptocurrencies, 36 rose and 13 fell. Among notable movers, SAND rose 4.57% to Rp1.334 with a typical hold time of 123 days and balanced buy/sell orders; ATOM increased 3.89% to Rp31.416 with 80% buy orders and a shorter hold time of 60 days; COTI gained 3.63% to Rp249 but saw 79% sell orders despite a long typical hold time of 121 days.
Stella-Jones Inc. announced a teleconference on November 4, 2026, at 10:00 AM EST to discuss its third-quarter 2026 financial results. The event is open to investors, analysts, and interested parties, with live streaming and phone access provided. A ...
Stella-Jones Inc. announced a conference call for November 4, 2026, at 10:00 AM EST to discuss its third quarter 2026 financial results. The call is open to investors, analysts, and interested parties and will be webcast live with a recording availab...
The global potato chips market is expected to grow from $59.67 billion in 2026 to $84.26 billion by 2032, at a CAGR of 5.88%. Growth is fueled by local manufacturing, individual packaging, and flavor innovation, which help brands meet diverse consume...
Investec Bank plc, acting as joint broker to Gamma Communications Plc, disclosed public dealings in Gamma Communications shares on November 2, 2026. The bank purchased 1,248,899 ordinary shares at prices between 1093 and 1099.71, and sold 1,341,682 s...
Eviden, part of Atos Group, has introduced SMX, a new electromagnetic speed log designed for uncrewed surface and underwater vehicles. The SMX sensor measures speed through water with high accuracy, supporting navigation and autonomous operations in ...
