price move
Bitcoin zooms toward $87,000, nearly setting an eight-month high, then reverses
0Importance
closedStatus
1News media
- Published
Key claims & sources
Summary in preparation.
Market reaction i
Bitcoin rose 0.4% in the 4 hours after the first headline, after falling 0.4% in the 2 hours before.
$86,063
price at the headline
-0.4%
2 h before
+0.4%
4 h after
-0.9%
12 h after
First headline
49 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
CoinDesk
scoop
Oct 5 04:23
Breaks the event
Where this sits in the Bitcoin series
| When | What happened | Figure |
|---|---|---|
| 1.1 years ago | BTC at $115,227 high | today it sits -34.8% from there |
| 4 months ago | BTC at $58,566 low | today it sits +28.3% from there |
From what we have stored, starting 1.1 years ago.