Bitcoin traded near $84,000 on Friday after sharp intraday reversals triggered about $67 million in liquidations, including approximately $47 million in long positions and $20 million in shorts. The cryptocurrency briefly reached $85,238 before falling to $83,229 and later recovering toward $84,000. Across the broader crypto market, Coinglass data showed more than $145 million in long liquidations and $134 million in short liquidations as some altcoins posted double-digit gains. Andrew Melville, head of research at Block Scholes, said rising U.S. government bond yields, Brent crude above $100 per barrel and hawkish Federal Reserve comments had pressured risk assets. Still, bitcoin’s move above $87,000 earlier in the week, equities near record highs, strong spot bitcoin ETF inflows and Strategy’s first bitcoin purchase in nearly a month pointed to market resilience heading into the fourth quarter of 2026.