Bitcoin traded just above $84,000 on Friday, remaining flat over the past 24 hours after briefly dipping below that level earlier in the week. Most major cryptocurrencies moved less than 2%, while smaller-cap tokens led gains, with ONDO rising 27% to $0.54 and Quant jumping 39% to nearly $100. The pause in crypto volatility coincided with stabilization in traditional markets as the 10-year Treasury yield slipped two basis points to 5.17% following a sharp rally. Brent crude also fell 1% to approximately $105 per barrel amid reports that Washington and Tehran are exploring a phased deal to reopen the Strait of Hormuz. Market analysts view Bitcoin's current price action as a temporary pause rather than a trend reversal, noting that the uptrend that began in mid-August remains unfinished. Bitcoin heads into Friday’s Deribit options expiry trading below the $85,000 strike, which holds one of the largest blocks of open call interest.