
Bitcoin holds above $86,000 as September closes up 6.33%, traders eye 'Uptober'
- —BTC closed September up 6.33% and Q3 up 42.71%, its strongest quarter since Q4 2024
- —Spot Bitcoin ETFs recorded $51.25 million in weekly inflows, a third straight positive week
- —Strategy bought another 1,665 BTC, bringing total holdings to 847,666 BTC
- —CME and perpetual open interest fell 49,028 BTC in a week, the largest drop since October 2025
Why it matters: Low leverage and limited sell-side pressure create upside asymmetry; jobs data, the October 14 CPI and the October 28 FOMC are the key catalysts.
Source: FXStreet Crypto