Leveraged Funds Cut Bitcoin Shorts as XRP Asia Launches and Bankers Sue OCC Over Crypto Charters

Chain Reaction by Capital Copilot · Oct 4, 2026 · 3m · transcript

October 4th, 2026. Bitcoin recovers to eighty-five thousand three hundred three dollars as leveraged funds reduce Bitcoin futures shorts by fifty-three hundred BTC-equivalent while long positions also decline. Community bankers file federal lawsuit seeking to overturn the OCC trust bank rule that enabled crypto firms including Coinbase, Paxos, and Ripple-linked entities to obtain national charters. XRP Asia officially launches at Korea Blockchain Week with major XRPL protocol upgrades scheduled for early October, while Cathie Wood urges investors to monitor where AI agents spend money as…