Bitcoin Breaks Its Four-Year Cycle as Rally Tops $87,000
- —Up over 50% from the July 1 low of $57,800
- —Broke May peak of $82,850, hitting $87,400 — highest since January
- —Previous post-halving bull markets each lasted 35 weeks
- —Record $126,200 on October 6; more than half of that value since lost
Why it matters: Investors waiting for an October bottom risk FOMO, and sidelined demand could sharply accelerate the rally.
Source: Newsbit