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Bitcoin Price Taps $87K as SEC Moves to Unlock Institutional Custody

Bitcoin.com News·October 2, 2026·1 min read
Bitcoin Price Taps $87K as SEC Moves to Unlock Institutional Custody

Bitcoin briefly reclaimed $87,000 for the first time since Sept. 23, driven by weak U.S. employment data and a major SEC regulatory proposal to unlock institutional custody. As of writing, BTC trades near $85,000, up over the last day, fueling 'Uptober' sentiment.

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