Bitcoin Holds at $83K as Bond Yields Rise and Stocks Hold
Bitcoin remains trapped near $83,000 as rising US bond yields and a firm equity market keep the digital asset in a tight range.
Pro Full levels on educational trade ideas & Pro Hub - 7-day free trial, then $5.90/mo. Cancel anytime.
Original OpenBook briefings on bitcoin, ethereum and the wider crypto market, based on public market reporting. Follow an instrument on its market page.
Bitcoin remains trapped near $83,000 as rising US bond yields and a firm equity market keep the digital asset in a tight range.
Strive added 1,223 BTC for $335M, pushing total holdings to 36,818 BTC and surpassing MARA Holdings.
Metaplanet’s 2,100-BTC buy of 93.7% of Super League grants US market access to fund more Bitcoin purchases.
Public companies oppose OKX and ICE’s plan to list tokenized shares, raising questions about blockchain markets without issuer approval.
A new U.S. bill proposes a disclosure program to help crypto investors correct past tax errors with lower penalties.
World Liberty USD1 stablecoin shed $400 M market cap over two weeks amid redemptions on Ethereum and BNB Chain.
Strategy acquired 267 BTC for $22M and repurchased 1.94M STRC shares, raising its preferred stock buyback to $3B.
Bitcoin could retest $80,000 support as stocks recover after last week's losses.
France's National Assembly passed a tax amendment on stablecoin swaps, while exit tax and self-custodial wallet reporting proposals await further debate.
JPMorgan expands JPM Coin to Ethereum, giving institutional clients a new payment and settlement channel for tokenized assets.
U.S. spot Ether ETFs saw about $955M net outflows in October, while Bitcoin funds continued a two-week withdrawal streak.
Finance officials will meet major crypto exchanges as lawmakers push to postpone the country’s crypto tax start by two years.