Markets· ★★★· bullish·

Bitcoin at $84,794 as Soft PCE Revives 'Uptober' Hopes

  • —Bitcoin +1.49% to $84,794; Ethereum +1.31% to $2,704.64
  • —PCE inflation eased to 3.4% from 3.7%; BTC briefly topped $85,500
  • —$148.69 million ETF outflow ended nine days of roughly $3 billion inflows
  • —BTC liquidations fell to $35 million; open interest dropped 11.34%
Why it matters: Clearing the $85,000–90,000 sell wall will decide whether 'Uptober' takes hold; Citi raised its 12-month target to $113,000.
Source: Blockmedia