Bitcoin Rebounds More Than 3% Toward $84,000 After Sharp Pullback

Bitcoin (BTC) rebounded more than 3% toward $84,000 Tuesday after trading near $81,000 earlier in the move, as markets weighed recent corporate buying and an upcoming U.S. inflation report. Bitcoin reached about $84,074 after falling to roughly $81,017. Its intraday range stood at $80,948.40 to $84,070.40 as of 5:05 a.m. ET (9:05 a.m. UTC). Strategy acquired 334 BTC between Oct. 1 and Oct. 4 for $28.7 million at an average price of $85,838.80 per bitcoin. The company held 848,000 BTC as of 4 p.m. ET on Oct. 4.