Crypto
Bitcoin Hits $87,000 Again but Fails to Sustain
Bitcoin has once again failed to break through the $87,000 barrier, marking the third time it has retreated from this level. The Bull Score Index currently stands at 80/100, indicating a strong upward trend, but spot buying demand remains limited.
On October 5, Bitcoin spot ETFs in the US saw net outflows of $89.8 million, while Ethereum ETFs experienced net outflows of $18.9 million. Despite this, the Nasdaq 100 achieved a record closing high, while the yield on 10-year US Treasury bonds rose to 5.32%.