Weekly recap: Bitcoin tests $86.5K, Bitget reopens withdrawals, Chainlink links banks to Swift
- —Bitfinex says Bitcoin needs sustained spot buying above $86,500 to hold its rebound
- —U.S. spot Bitcoin ETFs drew $170.2 million on Oct. 1 after roughly $149 million in outflows the prior session
- —Bitget restored BTC withdrawals on Sep. 28, ETH on Sep. 29 and USDT on Sep. 30
- —Chainlink connected bank systems to Swift's ledger, with 17 banks preparing tokenized-deposit pilots
Why it matters: The $86,500 level and ETF flows will decide whether Bitcoin's rebound holds or the market slides below $81,300.
Source: crypto.news
More on this
Security · Sep 28Bitget Reopens Bitcoin Withdrawals as Hacker Moves $83M in Stolen XRP
Exchanges · Sep 29Bitget ETH withdrawals reopen with funds flowing back, hot wallet balance rises
Regulation · Sep 26Weekly recap: Bitcoin tops $87K, Fed drafts stablecoin rules, Bitget hit by $351M hack