Bitcoin · Bitcoin ETF · U.S. Treasury · Decrypt
The daily candle opened at $81,711 and has ranged between $81,553 and $83,443
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★ Tier-1 Source
Myriad, a prediction market owned by Decrypt 's parent company Dastan, gives a 67% chance that Bitcoin trades at or below $80,000 at some point in October, with 40% odds for $77,500 and 24% for $75,000.
Key facts
- Bitcoin trades around $82,837 on Friday, up 1.38% on the day, after dipping to $80,427 on Thursday, its lowest level since early September
- The daily candle opened at $81,711 and has ranged between $81,553 and $83,443
- Myriad, a prediction market owned by Decrypt 's parent company Dastan, gives a 67% chance that Bitcoin trades at or below $80,000 at some point in October, with 40% odds for $77,500 and 24%
- The Relative Strength Index, or RSI, gauges buying pressure on a scale of 0 to 100, and its 51.2 reading is neutral, like the Fear and Greed Index
Summary
Bitcoin rebounded 1.38% to $82,837 on Friday after dipping to $80,427 on Thursday, while total crypto market cap rose 2% to $2.8 trillion and the Fear & Greed Index fell to a neutral 56. Bitcoin ETFs shed $484.9 million on Wednesday and $244 million on Thursday as the 10-year Treasury yield hit 5.32%, and Fed minutes point to another hike by year-end. Myriad traders give a 67% chance Bitcoin trades at or below $80,000 before October ends. The crypto markets are breathing today, with the total capitalization up 2.1% to $2.89 trillion on Friday. Despite the recovery, traders are still nervous.