Bitcoin's Winning Streak Meets PayFi Milestone Ahead of Remittix Launch
Bitcoin's winning streak is facing a harder test as it enters October, having recovered into the mid-$80,000s after a three-month stretch of gains.
The recovery has been challenged by rising Treasury yields, which have competed for capital even as Bitcoin's longer-term ownership base grows through ETFs and corporate holdings.
A sustained move back above $85,000 would strengthen the case for $90,000, with a further breakout needed for a more ambitious Q4 target.
Meanwhile, Remittix is nearing a milestone in its PayFi flow, which aims to let supported assets fund transfers that end as fiat in compatible bank accounts across more than 30 target currencies.
The first 1,000 users are now testing the core journey, and if successful, it could become the first chapter of a much larger payments network.