Bitcoin Holds Near $86K as Gold and Oil Sell Off
- —BTC at $86,113 with $85,000 support and $90,000 target
- —Strategy bought 334 BTC for $28.7M, holdings now 848,000 BTC
- —US spot Bitcoin ETFs saw $89.9M net outflows on October 5
- —SEC approved first US 3x leveraged Bitcoin and Ethereum ETFs
Why it matters: The 3x ETF approval gives traders a new leveraged tool, while the commodity selloff could push capital toward crypto.
Source: CoinGape
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