Morning Minute: Bitcoin Hits $86,000 as Oil Slides and ETFs Bid

GM!

Today’s top news:

• Crypto majors cool after recent rally; BTC at $85.3k
• ZEC and HYPE hit new ATHs as alts continue rally
• BTC ETFs see $715M in net inflows; ETH has $162M
• CME to launch Bitcoin Cash and Uni futures on Oct 19, both surge
• Robinhood Crypto teases something coming for stock tokens, RH Chain leaders jump

📈 Bitcoin Hits $86,000 as Oil Slides and ETFs Bid

Bitcoin pushed through $86,500 Tuesday and is up about 14% on the week, taking total crypto market cap above $3 trillion. Spot Bitcoin ETFs took in $999 million Monday. And 97 of the top 100 coins are green over seven days. The crypto tides are turning.

Alongside the Bitcoin pump, ETH hit $2,750. SOL pushed to $120. Hype, ZEC and VVV all hit new ATHs. And even the NFT leader CryptoPunks have caught a bid, running past a $90k floor.

Wall St is also on the move. The Nasdaq Composite closed at a record Monday, up 2.26% for its best day since June, with Intel gaining 12% and AMD adding 10% as it crossed a $1 trillion market cap. Chipmakers extended that into Tuesday for their longest winning streak since April.

$87.2k$83.3k$79.5k$75.6k

24h HighHigh$87,251

24h LowLow$85,444

VolVol$1.7B

Market projectionsOdds by Myriad