Bitcoin Posts Strongest Quarterly Gain Since 2024 Amid Institutional Buying
Bitcoin's third-quarter performance was its strongest since late 2024, surging approximately 44% to above $87,000 before a pullback.
The move was fueled by ETF inflows, corporate purchases, and improving regulatory sentiment, while short liquidations accelerated the final leg of the advance.
Strategy, an institutional player, reinforced its confidence in Bitcoin with the purchase of another 950 BTC for about $75.7 million, bringing its treasury to roughly 846,000 BTC, around 4% of Bitcoin's maximum supply.
Remittix, a smaller project, is building toward a PayFi breakout with tools for crypto-to-bank settlement, derivatives trading, mobile asset management, and planned yield offerings.