🟠 Bitcoin holds near $85,000. Today $BTC
is trading at about $85.1k and remains above an important psychological level. 🔵 Ethereum is back above $2,700. $ETH
rose to $2,706 on Binance today; at the same time, an ETH short position of roughly $3.4 million was liquidated. 💰 Bitcoin ETFs are seeing inflows again. In September, spot BTC ETFs recorded about $2.7 billion in net inflows, indicating that institutional demand remains strong. 🏦 Citi raised its BTC forecast. The bank increased its 12-month Bitcoin outlook from $82,000 to $113,000, and its Ethereum forecast from $2,240 to $3,028. ⚠️ Binance has regulatory issues in the EU. European regulators are checking whether it is lawful for Binance to continue serving EU clients via the “reverse solicitation” mechanism. Binance says it operates in accordance with jurisdiction requirements and aims to obtain MiCA authorization. 🚨 Blast shuts down the Ethereum Layer-2. The project announced the network will cease operations; standard withdrawals should be available until October 26, 2026.$
is trading at about $85.1k and remains above an important psychological level. 🔵 Ethereum is back above $2,700. $ETH
rose to $2,706 on Binance today; at the same time, an ETH short position of roughly $3.4 million was liquidated. 💰 Bitcoin ETFs are seeing inflows again. In September, spot BTC ETFs recorded about $2.7 billion in net inflows, indicating that institutional demand remains strong. 🏦 Citi raised its BTC forecast. The bank increased its 12-month Bitcoin outlook from $82,000 to $113,000, and its Ethereum forecast from $2,240 to $3,028. ⚠️ Binance has regulatory issues in the EU. European regulators are checking whether it is lawful for Binance to continue serving EU clients via the “reverse solicitation” mechanism. Binance says it operates in accordance with jurisdiction requirements and aims to obtain MiCA authorization. 🚨 Blast shuts down the Ethereum Layer-2. The project announced the network will cease operations; standard withdrawals should be available until October 26, 2026.$
