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Bitcoinâ–˛ Bullish

Bitcoin edges up as Nasdaq and rates fall; Strategy may resume big buys

TradingGain NewsroomTradingGain Newsroom··29 Oct 2026, 10:41 UTC

Bitcoin rose slightly while the Nasdaq and interest rates fell sharply. Strategy's STRC reached its highest price since May, and the company could soon restart large bitcoin purchases, which may matter for traders watching bitcoin demand.

BTCAt the time of writing, Bitcoin traded at $81,265 (+0.86% in 24h).Live price →

Why it matters

  • Strategy could soon restart large bitcoin purchases, a possible source of buying demand.
  • STRC hit its highest price since May, a sign of stronger interest in Strategy's securities.
  • Bitcoin's small gain came as the Nasdaq and interest rates fell sharply.

What to watch next

Watch for any official update from Strategy on when it will restart large bitcoin purchases, and how bitcoin reacts to it.

This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗
Bitcoin edges up as Nasdaq and rates fall; Strategy may resume big buys
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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.