Bitcoin crossed above $85,000 on Friday morning, hours before the September US employment report due at 14:30 Paris time. US bitcoin ETFs recorded $102.7 million in net inflows on Thursday, ending a nine-day streak of outflows totaling $3.1 billion. Citigroup raised its twelve-month price target from $82,000 to $113,000, citing the return of flows to ETFs. On the derivatives market, 83% of options traded over twenty-four hours were bullish bets, with the $84,800 level now broken to the upside. Since January, these funds have posted approximately $1.07 billion in net inflows with over $100 billion in assets.
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