Bitcoin continued trading in a narrow range as the odds of an October rate hike fell to 30%. Bitcoin was priced at $84,579, while Ethereum traded at $2,692, Solana at $118.33, XRP at $1.50, Dogecoin at $0.09494 and Shiba Inu at $0.055812. Coinglass data showed that 70,853 traders were liquidated over the past 24 hours, involving $193.49 million. SoSoValue reported $148.7 million in net outflows from spot Bitcoin ETFs on Wednesday and $59.6 million from spot Ethereum ETFs. Bitway, Stacks and Midnight were identified as the top gainers over the same period. Analyst Benjamin Cowen said he had not expected Bitcoin to break above $83,000, but argued that holding the former high as support would make the current cycle look different from the typical fourth-quarter weakness seen in midterm years. Cowen also highlighted an unusual relationship between Bitcoin and long-term Treasury yields since 2025: Bitcoin has often performed relatively well as yields rise, while recently struggling when yields fall amid increasing concerns about economic growth. Other developments highlighted included forecasts of an epic fourth-quarter Bitcoin run, Mark Moss's view that rising yields are not necessarily bearish, Citi's bullish outlook for Bitcoin toward $113,000, Bitwise's assessment that crypto received the good end of the deal, reported $2.52 billion in Bitcoin whale selling alongside $162 million in ETH whale purchases, a potential major XRP cycle run, Jack Dorsey's call to turn on Block's Bitcoin Bonus feature in Cash App, and Robinhood's partnership with Cboe on new earnings contracts.