Bitcoin consolidated near $86,000 on Wednesday, up 1.3% over the past 24 hours, but daily trading volume fell 36% to $38 billion. Among the CoinDesk 100 Index components, 38 declined, indicating a narrowing market rally. Meanwhile, Brent crude oil fell below $100 for the first time since September 9, now trading at $99.13, as the market anticipates a deal between the U.S. and Iran. Qatari mediators are holding talks with U.S. officials in New York, and Iranian President Pezeshkian is scheduled to address the United Nations General Assembly later today.