Bitcoin Price Hovers Around $88K as BIP-110 Node Uptake and GameStop's 4,710 BTC Transfer Define Key Support Zone

Bitcoin is trading near $88,600 after pulling back from a $97,300 high, with the $88,000 region emerging as a critical support area. Growing BIP-110 node adoption and GameStop's transfer of about 4,710 BTC to Coinbase Prime are adding to market debate, while technical signals show consolidation within an ascending channel. If support between $88,000 and $87,300 holds, upside targets around $90,000 to $94,500 remain in play, but a drop below $87,300 could expose $85,600.