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Bitcoin Hit an Eight-Month High Above $87,000 on September 21 and Is Back Under $85,000. Was That the Week’s Top or the Quarter’s?

Source: 247wallst.com

Crypto & Digital AssetsCredit & Bond MarketsInterest Rates & YieldsDerivatives & VolatilityMarket Technicals & Flows
Bitcoin Hit an Eight-Month High Above $87,000 on September 21 and Is Back Under $85,000. Was That the Week’s Top or the Quarter’s?

Bitcoin surged to an eight-month high in a single trading session but surrendered much of the advance within days. Its ability to retain the peak through September 30 is being shaped by bond-market conditions and quarter-end positioning rather than cryptocurrency-specific developments, underscoring elevated cross-asset and technical-flow risk.

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