Bitcoin fell 1.13% to USD 82,980.21 as rising Treasury yields, higher oil prices and crypto liquidations pressured prices. Glassnode reported limited fresh buying and increased profit-taking by recent holders, with U.S. inflation data due October 14.
Bitcoin climbed to an eight-month high near USD 85,000 as spot ETF inflows and short liquidations increased buying pressure. The cryptocurrency also reclaimed its 50-week moving average, while Ethereum and other major altcoins recorded strong gains.
