Markets· ★★★· bullish·

Bitcoin kicks off "Uptober" near $87,000 after best quarter since 2017

  • —BTC hit $87,000, pulled back to $85,600, up ~2% in 24 hours
  • —Q3 closed up 42.71%, the best quarter since 2017
  • —US spot ETFs drew $102.7 million on October 1
  • —$122 million of BTC shorts liquidated out of $210 million market-wide
Why it matters: Holding above $85,000 and sustained ETF inflows will decide whether "Uptober" extends into the Fed's October 27-28 meeting.
#BTC
Source: DiarioBitcoin
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