Bitcoin zooms toward $87,000, nearly setting an eight-month high, then reverses

Bitcoin climbed toward $87,000, nearly reaching an eight-month high, before reversing. The move coincided with renewed scrutiny of MicroStrategy’s capacity to keep buying Bitcoin, after Peter Schiff argued the company had lost its purchasing power. Together, the reports highlight how market momentum and uncertainty about a major corporate buyer may shape near-term sentiment, but do not establish that MicroStrategy’s position caused the reversal.