BTC, ETH, SOL Price News: Bitcoin Hits $87,000 Wall for Third Time as Stocks Near Records
Analysts said higher Treasury yields and weaker ETF inflows are limiting gains, with bitcoin repeatedly failing to hold above $87,000.
- On Monday, Bitcoin retreated toward $84,000 after reaching highs near $87,220, marking the third time since September 23 that the cryptocurrency failed to sustain a rally above $87,000.
- Rising U.S. 10-year Treasury yields, which reached multi-decade highs of 5.34%, have kept Bitcoin locked within a choppy $82,000 to $85,000 range, pressuring risk assets broadly.
- CoinGlass data shows Bitcoin short liquidations topped $120 million over 24 hours as prices neared $87,000, while open interest climbed to approximately 653,000 BTC from 626,000 BTC on September 30.
- Broader markets reacted to the volatility, with ZEC falling 12% to about $1,380, while crypto-linked equities Strategy and Strive rose roughly 3% in Friday's premarket trading.
- Analysts warn a sustained daily close above $87,000 is required to indicate renewed momentum, as the 2026 yearly open at $87,570 lingers overhead as key psychological resistance.
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87 Articles
The price of Bitcoin reached a week high on Friday. Shortly before the weekend, the cryptocurrency on the Bitstamp trading platform temporarily rose to 87,219 US dollars (77,199 euros). However, the price fell quickly again: On Saturday the Bitcoin was traded at 84,590 dollars.
Bitcoin price faces $86,500 hurdle as ETF buying returns
Bitcoin price has retreated toward $84,000 after reaching $87,220, while Bitfinex analysts have identified sustained buying above $86,500 as a condition for further gains. Bitfinex’s Analyst Team, in comments provided directly to crypto.news, said renewed U.S. spot Bitcoin ETF inflows…
Bitcoin accelerates on Friday (2) and renegotiates above $86,000, supported by a weaker payroll than expected in the United States and the resumption of ETF entries in view of cryptocurrencies. At around 11:30 a.m., bitcoin rose 3.4% in 24 hours, to $86,124.20, according to CoinGecko. In Brazil, it was traded at R$450.111.24, at 2.88%, according to the CoinTrader Monitor. The American economy created 29 thousand vacancies in September, below 84 …
Bitcoin holds near $84,000 as strong ETF inflows support recovery, spot demand moderates
Bitcoin traded near $84,000 as institutional demand, ETF flows and softer US inflation data supported sentiment, while elevated Treasury yields and cautious spot demand limited gains. Analysts highlighted $82,000-$82,500 support and US jobs data as key near-term catalysts.
Cointelegraph
The New York LedgerBitcoin Trapped Below $86K as PCE Changes Cloud Inflation Reading
Bitcoin held above $83,000 after reversing a rally to $85,600 following lower-than-expected US PCE inflation data.
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