Bitcoin Hits 8-Month Record, New ATH Date Given! Here’s the Critical Date

The leading cryptocurrency, Bitcoin, made a strong start to October, a month historically known for its bull run. At this point, BTC closed the week above $86,000, marking its highest closing level in the last eight months.

However, Bitcoin, unable to surpass the $87,000 level, fell back below $86,000 due to selling pressure.

Interest Rate Expectations Support Bitcoin!

Economic data from the US is believed to have influenced the rise in Bitcoin’s price.