Bitcoin spent the day mostly stuck in its familiar recent band after a brief inflation-driven bounce. At the same time, Citi raised its price targets, MetaMask disclosed a security incident tied to staking exits, and regulators and lawmakers remained active on crypto policy.
Bitcoin stays rangebound after inflation-driven bounce
Bitcoin briefly moved above $85,000 after softer U.S. inflation data, but the move faded and prices remained around the $82,000 to $85,000 range. One report said BTC was near $84,000, while another noted it was still struggling to hold gains below $86,000 as bond yields stayed elevated.
Sources: CoinDesk, CoinDesk, Cointelegraph, CoinDesk, Decrypt
Citi lifts Bitcoin and Ether targets
Citi raised its 12-month Bitcoin target to $113,000 from $82,000 and lifted its Ether target to about $3,000, citing resumed ETF inflows in one report. The bank’s new Bitcoin target remains below the coin’s October 2025 record, according to the supplied metadata.
MetaMask security incident prompts validator exits
MetaMask said it is dealing with an infrastructure security incident and is exiting Lido validators as a precaution. The available reporting says there was no immediate threat to user wallets, though the move affects staking operations and may take up to 45 days to unwind.
Sources: Decrypt, CoinDesk, Cointelegraph
Crypto policy pressure shifts from Congress to campaigns and courts
U.S. crypto lobbying continued to shift after the Clarity Act’s collapse, with a Coinbase-backed group announcing Senate endorsements for Jon Husted, Ashley Hinson, and Chris Pappas. Separately, Illinois agreed to delay implementation of its 0.2% crypto tax for six months if a court approves the deal, while Decrypt also reported crypto was turning its attention from Congress toward senators.
Sources: Decrypt, CoinDesk, Decrypt, Cointelegraph, CoinDesk
Security losses remain a major market backdrop
Crypto hacks were a recurring theme in the day’s reporting. One roundup said the industry lost $1.26 billion to hacks, while another said September alone saw about $768 million in losses, making it the worst month of 2026 so far.
Sources: CoinDesk, Cointelegraph