Bitcoin zooms toward $87,000, nearly setting an eight-month high, then reverses
- —Bitcoin peaked near $86,950, about $500 shy of its late-September high
- —DOGE led majors with a gain of over 3%; XRP, BNB and ZEC added 1–2%
- —The 10-year Treasury yield fell two basis points to 5.25%
- —A daily close above $87,000 would be the first sign of a breakout
Why it matters: A break above $87,000 would open the path to new highs, but repeated reversals signal weak buyer conviction at resistance.
Source: CoinDesk