Bitcoin’s recovery has brought a familiar question back into focus: can the crypto rally extend toward USD 90,000, and will Ethereum and XRP participate in the next move? After a strong third quarter, attention is shifting from the size of the rebound to the demand needed to sustain it. For Canadian readers, the outlook depends on global liquidity, US interest rate expectations and whether buying spreads beyond Bitcoin.

Bitcoin’s recovery sets the next stage

Bitcoin ended the third quarter with a 42.6 per cent gain, closing at USD 83,624. The advance ended three consecutive quarterly declines and gave the market a stronger starting point for October.

Early on October 6, Bitcoin was trading around USD…