Bitcoin leads crypto market rebound above $85K as short liquidations accelerate
- Bitcoin reclaimed $85,000 as crypto market capitalisation reached $3.042 trillion
- Crypto markets rose amid easing Treasury yields and accelerating short liquidations
Event typeMarket move
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Bitcoin holds near $84,000 as strong ETF inflows support recovery, spot demand moderates
- Bitcoin traded near $84,000, supported by institutional demand and ETF inflows
- Elevated Treasury yields and moderating spot demand tempered sentiment
Live updates: Bitcoin, gold and tech futures edge higher as markets await U.S. jobs report
- Bitcoin trades above $86,000 as gold and tech futures rise
- Investors expect 90,000 new U.S. jobs and unemployment at 4.1%
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
- Bitcoin dominance is nearing 60% as traders become more comfortable taking risk
- USDT dominance has slipped to 6.3%
Why rising perpetual funding rates signal growing bullish leverage as bitcoin crosses $86,500
- Bitcoin crossed $86,500 as open interest and funding rates rose, signalling stronger demand for bullish exposure
Bitcoin tops $86,000 ahead of U.S. jobs report
- Bitcoin topped $86,000 ahead of September’s U.S. jobs report
- Bitcoin was up roughly 3% in October as traders awaited the data