Bitcoin Breaks $85K

Bitcoin has broken above $85,000 as falling oil and Treasury yields improve the macro backdrop, $647.9 million of bearish positions are liquidated and fresh corporate buying strengthens confidence. But open interest is also rising—so is this durable demand or a more fragile leveraged breakout?

Also covered: MultiversX confirming a virtual-machine-level exploit attempt and facing Upbit review, the European Central Bank launching Pontes for tokenized-asset settlement, Hyperliquid adding Bitcoin volatility perpetuals and trailing stops, and Hana Bank completing a $100 million T plus zero digital bond.

Listener question: Would you trust Bitcoin’s rally more because open interest and buying participation are expanding, or less because leverage is rebuilding so quickly?

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