Bitcoin rises 1.5% to $84,307 after bumper third-quarter gains

  • Bitcoin rose after extending gains from its strongest third quarter.
  • Bitcoin traded at $84,307.1, up 1.5%, after reaching $85,600 Wednesday.
  • OpenUSD launched on Ethereum, Solana, Base and Tempo with more than 140 partners.

Bitcoin rose 1.5% to $84,307.1, extending its third-quarter advance as optimism about friendlier U.S. crypto regulations supported bargain buying. The rally faced pressure from Treasury yields reaching fresh multi-year highs and expectations of additional Federal Reserve interest-rate increases, while flows into technology stocks after Micron's strong earnings also weighed on digital assets. Attention now turns to U.S. nonfarm payrolls data for August, due Friday, for clues about interest rates and the economy. OpenUSD, a stablecoin (cryptocurrency designed to track a fiat currency) backed by Visa, Mastercard, Stripe and Coinbase, went live on Ethereum, Solana, Base and Stripe-backed Tempo. Ether rose 2% to $2,714.83 after gaining about 70% in the third quarter, while several major altcoins and memecoins also advanced.

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