Bitcoin traded at $84,612.4 late Friday, down 0.35% after reaching $87,219, its first move above $87,000 since Sept. 23. The cryptocurrency found support after the SEC (U.S. securities regulator) proposed custody-rule changes allowing investment advisers and funds to directly hold certain digital assets when qualified third-party custody is unavailable, subject to safeguards. The proposal will face a 60-day public comment period after publication in the Federal Register. Softer U.S. data, including September nonfarm payroll growth of 29,000 versus expectations of 90,000, pushed Treasury yields and the dollar lower as markets reassessed Federal Reserve interest-rate prospects. The move liquidated about $142 million in Bitcoin short positions, compared with roughly $29 million in longs. Strategy Executive Chairman Michael Saylor outlined the company’s Bitcoin financing model, while its STRC preferred shares carry a 12% annualized dividend and shareholders are scheduled to vote Oct. 28 on daily dividend accruals. Supercycle Finance said it plans to raise up to $75 million, mostly for Bitcoin purchases, while selling during periods it considers elevated and holding interest-bearing assets between purchases. Ether, XRP, Solana and BNB fell late Friday, while Cardano rose and Dogecoin declined.