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.
SpaceX's stock price has reached a closing value above $200 only one time so far. Analysts predict that the stock will close above this $200 mark again before the year 2028. This forecast suggests potential growth and renewed investor interest in Spa...
The ProShares S&P SmallCap 600 Dividend Aristocrats ETF (SMDV) recently changed its underlying index, significantly altering its portfolio and factor exposure. Despite a high earnings yield, the ETF's quality is questionable due to large exposure to ...
Doppler Finance revealed that its XRP and RLUSD vaults have amassed over $150 million since their launch in February 2025, despite XRP lacking a native staking mechanism. Instead of staking, Doppler employs asset-neutral trading strategies like spot-...
SUI token started Basecamp week near $1.18, just below a tight cluster of resistance levels between $1.19 and $1.24. The upcoming Basecamp 2026 event on October 7–8 in Singapore, along with SUI's recent participation in the Linux Foundation's interop...
A Bitcoin address that has been inactive for 13 years recently sent a small test transaction of 0.001 BTC. Despite this minor activity, the address still holds a substantial amount of Bitcoin—1,346 BTC, currently valued at approximately $115 million....
