Bitcoin (BTC) price continues to trade in red, below $105,000 at the time of writing on Friday, having corrected nearly 9% so far this week. Renewed geopolitical tensions fueled the pullback in BTC, and the US government shutdown pressured risk assets.
Ripple Labs Inc. is reportedly seeking to raise at least $1 billion through a special purpose acquisition company (SPAC) to expand its XRP holdings and strengthen its digital-asset treasury.
Gold (XAU) outperformed Bitcoin (BTC) in the third quarter (Q3), rallying to a record high and closing Q3 with double-digit gains. Meanwhile, BTC delivered only modest returns after its mid-August peak, setting the stage for a closely watched Q4.