Bitcoin Holds Above $84,000 as Whales Accumulate Despite Mixed Momentum

Gadgets360 - Oct 1, 2026

Bitcoin is holding above $84,000 after briefly moving past $85,000, with softer August PCE data reducing expectations of an October Federal Reserve rate hike. Whale accumulation and a firm technical structure are supporting the market, while weaker speculative futures demand and elevated Treasury yields could limit the recovery.

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