Crypto Pulse—Bitcoin

Overview As of roughly 07:00 UTC on October 13, with the chain at block 971,119, moving bitcoin on-chain costs almost nothing. The recommended fee endpoint at mempool.space puts the next-block tier at 6 sat/vB, the half-hour tier at 5, the hour tier at 4, the economy tier at 2 and the floor at 1. A standard single-input, two-output native SegWit payment occupies about 140.75 vB, so the fastest tier works out to roughly 844 satoshis, or under $0.70 with BTC near $83,368. The number that misleads

Overview The options market is currently pricing bitcoin volatility in the high thirties. According to the CF Benchmarks index page for BVX, the CME CF Bitcoin Volatility Index stood at 38.01 at 10:40 GMT on October 9. The same day, per CryptoTimes' coverage of that session's options settlement, Deribit's DVOL index read 36.26, at-the-money implied volatility was 32.0%, and bitcoin traded near $82,465. What matters is not the level but its relationship to volatility that has already occurred. CF

Overview A trade that reliably paid more than 20% a year during the 2021 bull market now yields less than a US Treasury note. According to CoinDesk's August 3 report citing Glassnode, the three-month bitcoin futures basis has paid less than the two-year Treasury yield since February 2026, a stretch that had run 157 days at the time of writing. The only comparable run on record, August 2022 into January 2023, ended at the cycle low. The reason this matters beyond the arbitrage desks is that the b

Overview Exchange reserves measure the elasticity of sellable supply rather than the direction of price, and the eight days following October 29 delivered the strongest confirmation of that on record. Between November 1 and 2, users withdrew 25,793 BTC from Binance, exceeding the 18,270 BTC stolen from the platform by 7,523 coins or 41.2%, while bitcoin fell from $81,690.49 on October 9 to $75,463 on November 6, a decline of 7.62% and the lowest level since September 16. The largest single excha

Overview Bitcoin traded near $82,504 in the early hours of October 9, down about 0.21% on the day according to CoinDesk's live price page, after dipping below $81,000 and recovering above $82,000. The same page notes that US spot bitcoin ETFs just posted their largest daily outflow since June, roughly $485 million. In a tape that chops like this, what determines the outcome of a position is not the target price some analyst published. It is where real bids and real offers sit. Key levels deserve

Overview Public companies now hold 1,278,917 BTC across 199 names, equal to 6.09% of the 21 million supply and worth roughly $104.6 billion at the $81,798 price used on the Bitcoin Treasuries dashboard. CoinGecko's price page shows bitcoin near $82,502 on October 9, down 0.70% on the day. Aggregate holdings sit at a record, but the financing logic that built those balance sheets changed direction in 2026. The ranking is no longer the interesting part. Strategy has sold bitcoin several times this

Overview Bitcoin reclaimed the $86,000 level on October 5. According to Yahoo Finance's price report that day, BTC traded near $86,121, up 2.4% on the week and 8.6% over the month, yet still 29.3% lower year over year. The same report confirms bitcoin's record high of $126,198.07, set on October 6, 2025. The price has rebounded hard from its 2026 low and remains roughly a third below its peak. That combination is exactly when the question shifts from where the next target sits to how much downsi

Overview Roughly twenty-nine months after the April 2024 halving, Bitcoin has not followed the script that a decade of cycle analysis taught traders to expect. Bitcoin trades near $86,700 according to CoinGecko market data, about 31% below the $126,080 all-time high set in October 2025, with a market capitalization around $1.74 trillion. What has forced a rethink is not the price level but the shape of the move: the top arrived eighteen months after the halving, almost exactly on schedule, yet t

Overview More than two years after US spot bitcoin ETFs began trading, a question that once belonged inside crypto circles has become an ordinary allocation decision: buy the coin, or buy the fund. The two track almost the same price, but what you end up owning is not the same thing at all. The differences concentrate in four places: what it costs to hold, who holds the keys, when you can trade, and what ownership actually entitles you to. BlackRock's iShares Bitcoin Trust charges a 0.25% annual

Overview The Federal Reserve lifted its federal funds target range to 3.75% to 4% on September 16, its first increase since July 2023, and the move revived a question that sits awkwardly at the center of crypto markets. Bitcoin has no cash flows, no issuer and no central bank. So why does a single committee meeting in Washington move it at all? The answer is not in the protocol. It is in how dollars are priced. The federal funds rate sets the cost of short-term dollar money, and that cost travel