Bitcoin Price Taps $87K as SEC Moves to Unlock Institutional Custody

Crypto Insight Summary: Driven by weak U.S. employment data and a major SEC regulatory proposal, bitcoin briefly reclaimed $87,000 for the first time since Sept. 23. Back near $85,000 as of this writing, bitcoin remains up over the last day. Bitcoin Reclaims $87,000 Amid Weak Labor Data In price action likely to fuel “Uptober” sentiment, the price of […] Crypto Insight Analysis: Direction: Bullish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: SEC custody proposal and weak employment data boost institutional inflows.