Bitcoin steadies below $85,000 as bond selloff pauses; Sequans exits its bitcoin treasury
Bitcoin holds near $84,000 while the bond market calms
Bitcoin was trading below $85,000 on Friday as a selloff in government bonds paused, according to live updates published by CoinDesk on Sept. 25, 2026. Treasury yields eased back from multi-decade highs, and oil prices slipped after reports of a phased U.S.-Iran deal.
CoinDesk listed bitcoin at $84,113.95, down 0.12%, in its update. Several other large cryptocurrencies moved higher over the same period. Ether traded at $2,700.53, up 1.18%. XRP was at $1.59, up 5.83%. Solana stood at $119.79, up 4.23%. The CoinDesk 20 index, which tracks a basket of major digital assets, was up 2.80% at $2,490.73.
Key numbers from the update
- Bitcoin: $84,113.95, down 0.12%
- Ether: $2,700.53, up 1.18%
- XRP: $1.59, up 5.83%
- Solana: $119.79, up 4.23%
- CoinDesk 20 index: $2,490.73, up 2.80%
- Roughly $14 billion worth of bitcoin options were set to expire on Deribit, a crypto derivatives exchange, on Friday
Sequans sells its last 314 bitcoin
Sequans, a semiconductor company based in Paris, France, disclosed on the previous day that it had sold its remaining 314 bitcoin, the amount it held as of June 30. The sale completes the company's exit from the bitcoin treasury business, CoinDesk reported.
Sequans joined the push by public companies to hold bitcoin on their balance sheets in the summer of 2025. At the market peak in October 2025, its treasury held more than 3,200 bitcoin. The company also carried convertible debt, a type of borrowing that can later turn into company shares, and in May it sold most of its bitcoin to redeem that debt.
Other 2025 treasury buyers also reversed course
CoinDesk noted that Sequans is not the only company to step back. Satsuma and Empery Digital also joined the same buying trend in 2025 and had to fully reverse course about a year later.
How CoinDesk described the sale
CoinDesk wrote that the headline about Sequans might look bearish at first, but that some bitcoin supporters may read the exit as the market returning to normal. That framing is the publication's commentary rather than a confirmed market outcome.
What is confirmed and what is not
Confirmed from the supplied material: Sequans disclosed the sale of its remaining 314 bitcoin and its full exit from the bitcoin treasury business, and the price levels cited above come from CoinDesk's live update.
Not confirmed: the U.S.-Iran deal was described only as reports, with no official confirmation given in the material. CoinDesk's suggestion that the Sequans sale could be seen as healthy for bitcoin is opinion, not a verified result.
What happens next
Around $14 billion in bitcoin options were scheduled to expire on Deribit on Friday, a scheduled event that the source highlighted alongside the market moves.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.