CROWDFUNDINSIDER · 2026-10-05 20:28 UTC

Bitcoin Nears $87K as Uptober Bulls Eye $94K BTC Price and SEC Advances Custody Rules

Bitcoin is trading near $87,000 in early October, with seasonal 'Uptober' bulls targeting $94,000 if historical patterns hold, representing roughly a 12% advance from September's close near $83,560. Bitcoin spot ETFs saw $241 million in weekly net inflows with cumulative inflows of $57.8 billion since launch, though recent daily trading volume has cooled from peaks above $4.5 billion. SEC Chair Paul Atkins proposed new custody rules for crypto assets under the Investment Advisers Act and Investment Company Act, aiming to provide a clear lawful framework for advisers and funds to hold digital…

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