Market Signal Briefing

DeFiLlama removed perpetual futures volume data for Aster, a decentralized exchange backed by figures linked to former Binance CEO Changpeng Zhao, after detecting trading volumes that mirrored Binance's nearly 1:1 across multiple trading pairs with co-founder 0xngmi announcing the delisting on October 5, 2025 citing concerns over data integrity as correlation patterns appeared even more extreme for assets like ETH.

XRP price today has once again fallen below the $3 mark, slipping over 2% in the past 24 hours amid renewed whale speculation. The drop came shortly after reports surfaced of a massive $55 million XRP transfer to a wallet linked with Ripple. However, on-chain data has now clarified that the movement was part of an internal transaction, not a market sell-off as traders initially feared.

$55 Million XRP Transfer Sparks Whale PanicOn October 6, blockchain tracker Whale Alert reported a transfer of 18.7 million XRP (worth about $55.8 million) from an unknown wallet to one tied to Ripple. The alert caused panic across the community, with many assuming a large holder had sold off tokens – potentially contributing to the XRP price decline.

But on-chain data revealed the truth: it wasn’t a whale offload. The transfer was an internal Ripple wallet transaction from Ripple (31) to Ripple (1) – the first such move from Ripple (31) in over two years.

Linked to Midnight Glacier Airdrop, Not Whale DumpingFurther blockchain analysis by XRPScan connected this transaction to the Midnight Glacier Drop, a large-scale airdrop initiative by the Midnight Foundation. The move was part of a planned XRP token distribution and not an exchange-related sell order.

Ripple’s on-chain activity has shown similar internal movements recently, including a 300 million XRP transfer from Ripple (26) last week. Following this latest move, Ripple (1) now holds over 668 million XRP, including funds tied to exchanges like Bitstamp and GateHub, suggesting Ripple’s continued asset management rather than selling activity.

XRP Price Analysis: Weak Support Despite ClarityEven after the clarification, XRP price remains under pressure, struggling to reclaim the $3 mark. According to CryptoQuant data, whale flow metrics remain negative, signaling continued distribution among large holders.

However, trading activity has stayed strong. XRP futures open interest reached $8.95 billion, with Binance seeing a 2.66% increase, even as CME futures dipped slightly. The derivatives market reflects mixed sentiment, with traders showing cautious optimism ahead of major developments.

XRP ETF News: October Could Be a Game-ChangerAnalysts suggest October could be a turning point for XRP price momentum. Technical charts show a falling wedge pattern, indicating a potential breakout toward $3.33 or higher if bullish momentum strengthens. Support levels are currently seen around $2.80.

Adding fuel to investor optimism, the U.S. SEC is set to begin reviewing XRP ETF applications on October 18. Industry giants reportedly managing over $1.5 trillion in assets are among the applicants. Experts say that even one XRP ETF approval could trigger major institutional inflows, potentially pushing XRP price toward new highs after weeks of sideways trading.

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Aptos price has surged 27% over the past week amid ecosystem partnerships that uplifted investor sentiment. However, with over $60 million in token unlocks looming, does the token risk a reversal?

Summary

Aptos price is down 3.5% over the past 24 hours.
Around $60.5 million worth of APT tokens are set to be unlocked on Oct. 11.
Any downside from the token unlock will likely be contained, supported by ongoing bullish developments within the Aptos ecosystem.

According to data from crypto.news Aptos (APT) has dropped 3.5% over the past day to $5.34 after a nearly 43% rally from $3.91 on Sep. 26 to $5.57 on Oct. 5.

The drop comes as traders turned cautious ahead of an impending token unlock. According to data from Tokenomist, the event scheduled for Oct. 11 will release over 11.31 million APT tokens, worth roughly $60.5 million, into circulation. The unlocked figure represents about 2.15% of the circulating supply.

For the uninitiated, large-scale token unlocks, as in the Aptos case, often increase selling pressure on the token with investors anticipating potential sell-offs in the open market. Moreover, if the project cannot attract enough new demand to offset the increased supply after the unlock, it can heighten market concerns and trigger further downside risk.

CoinGlass data shows that open interest in the Aptos futures market has dropped 1.45% over the past 24 hours, while the weighted funding rate has turned deeply negative, a sign that short traders are paying longs to keep their positions open. These metrics reflect that sentiment is starting to turn bearish among traders ahead of the upcoming token unlock.

Despite this, Aptos could abate much of the selling pressure if it manages to drive demand for its token through fresh project developments or ecosystem growth.

As such, just a couple of days ago, Bitwise filed an application for an APT ETF. As anticipation surrounding the potential approval grows, it could help counteract some of the selling pressure from the upcoming unlock. Increased visibility and legitimacy through an ETF could also drive fresh inflows into the Aptos ecosystem, supporting price stability in the short term.

Recent reports show that September was a strong month for the Aptos ecosystem, with monthly app revenue reaching an all-time high of $4.43 million. If such bullish figures carry into October, which historically tends to be a bullish period for major cryptocurrencies, Aptos could likely offset much of the anticipated selling pressure from the upcoming token unlock.

Another potential factor that could support Aptos is the growth of stablecoin liquidity on the network. Notably, the total stablecoin market cap on Aptos has surged by nearly 17% over the past seven days, signaling a renewed influx of capital into the ecosystem.

This growth reflects deeper network engagement rather than passive asset parking. Users appear to be increasingly utilizing Aptos-based lending protocols, liquidity pools, and decentralized exchanges, highlighting a gradual strengthening of the ecosystem’s fundamental activity.

Aptos price analysis
On the daily chart, Aptos price action shows that it has confirmed a breakout from a descending triangle pattern, a technical signal often associated with a reversal from a bearish to a bullish trend.

Aptos price has confirmed a bullish reversal on the daily chart — Oct. 6 | Source: crypto.news
The token is also trading above all major simple moving averages, indicating that bullish momentum remains intact and that buyers continue to hold control over the market.

On top of that, the MACD line has crossed above the signal line, with both trending upward and green histogram bars expanding, another indicator confirming the growing bullish sentiment among traders.

Taken together, these technical signals suggest that, as of press time, the key support level for APT lies at $4.84 (its 200-day SMA), while the immediate resistance level stands at $5.67, corresponding to its recent high on Oct. 5.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

MNT price jumps over 7% to a record high as World Liberty Financial’s $3 billion USD1 stablecoin boosts Mantle Network liquidity. Mantle’s stablecoin market cap climbs to $738 million, with deeper on-chain liquidity signaling rising user confidence and activity. Positive 94.47% DAA divergence confirms genuine network demand, supporting MNT’s bullish trend within an ascending channel.MNT, the native token that powers the modular Layer-2 (L2) network Mantle, has emerged as today’s top-performing altcoin. Its value has soared over 7% today, even as the new trading week kicks off on a lackluster note across the broader crypto market. 

Fueled by the recent deployment of World Liberty Financial’s USD1 stablecoin on the Mantle network, the rally has pushed MNT to a new all-time high. Now, the altcoin is ready to extend its gains. 

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Trump-Linked Stablecoin Sparks Mantle Liquidity Boom Last week, Donald Trump-backed World Liberty Financial announced the deployment of the protocol’s $3 billion USD1 stablecoin on the Mantle network. 

This integration has increased Mantle’s stablecoin market capitalization by 1% over the past week, deepening on-chain liquidity. According to data from DefiLlama, this stands at $738 million at press time. 

For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Mantle Network Stablecoin Market Cap. Source: DefiLlamaStablecoins provide blockchain networks with a stable medium of exchange for transactions. Therefore, when their supply grows, it signals increasing confidence from users. This, in turn, drives up the price of the network’s native token, as higher liquidity allows users to transact more frequently and use the token to facilitate those transactions.

As on-chain activity deepens, demand for MNT will likely strengthen, supporting the potential for a continued price rally in the short term.

Furthermore, the positive readings from MNT’s price daily active address (DAA) divergence confirm the uptick in the altcoin’s demand, adding to this bullish outlook. This metric, which compares an asset’s price movements with the changes in its number of daily active addresses, is at 94.47%.

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MNT Price DAA Divergence. Source: SantimentA price rally accompanied by a positive DAA divergence is a bullish signal, suggesting growing interest and potential for further price appreciation.

The trend suggests that MNT’s currency rally is not speculative noise but backed by genuine user demand and network activity.

MNT Trades in Bullish FormationOn the daily chart, MNT has traded within an ascending parallel channel since September 6, highlighting the steady rise in buy-side pressure in the market. 

This pattern is formed when an asset’s price moves consistently between two upward-sloping trendlines — one acting as support and the other as resistance. 

The formation of this channel indicates that MNT has been climbing in a well-defined uptrend, with each pullback attracting renewed demand over the past few sessions. If demand remains, the token could break above this pattern and stretch to fresh highs in the coming sessions.

MNT Price Analysis. Source: TradingViewHowever, MNT’s price could slip under $2 to reach $1.84 if profit-taking commences. 

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In an interview with Bitcoin Archive’s Archie, early Bitcoiner and Bank to the Future co-founder Simon Dixon characterized the current moment as nothing less than “the Wall Street attack phase,” arguing that institutional finance is assembling the plumbing and incentives to pull customer coins into custodial wrappers—and, in crisis, separate investors from their bitcoin. “People underestimate what Wall Street is willing to do to take your Bitcoin,” he said. The essential defense, in his view, is unambiguous: “Bitcoin is money you can own, money you can spend, and money that has a fixed supply with a monetary policy that nobody can change.”

How BlackRock Is Allegedly Trying To Control Bitcoin
Dixon framed the last 14 years of Bitcoin’s history as a series of counter-attacks, from exchange failures to regulatory squeezes, culminating now in what he described as a two-tier system: bitcoin held in Wall Street custody—via ETFs, pensions, corporate treasuries and bitcoin-backed loans—and bitcoin held in self-custody. The danger, he argued, is not price manipulation forever, but engineered liquidity events designed to vacuum up coins from leveraged or custodial holders. “They can’t change the long-term price. The fixed supply is the fixed supply,” he said. “But they can do elaborate schemes to steal your Bitcoin.”

At the core of his thesis is the scale and reach of the modern asset-management complex. Dixon pointed to BlackRock’s centrality—its index weight across “20,000 companies,” its Aladdin risk platform used by large asset managers, and its proximity to policymaking—as symptomatic of a broader “financial-industrial complex.”

In Dixon’s telling, that complex has already rebuilt the crypto industry in its own image: first by presiding over (or benefiting from) a parade of high-profile implosions and banking disruptions like FTX and Celsius, then by shepherding a pro-ETF, pro-tokenization framework that channels retirement savings, insurance float and corporate balance sheets into custodial bitcoin exposure. “Through this tax efficiency plus individuals thinking about inheritance, we have essentially given the asset managers full control,” he claimed. The net effect, he warned, is the consolidation of coins into a few systemically important pools.

Archie challenged the causal chain between the 2022–2023 enforcement wave and spot ETF approvals, noting that Grayscale had to sue to win its conversion. Dixon acknowledged that “you have to take a few leaps” when reconstructing opaque policy sequences, but insisted the net result is plain: the industry was discredited and de-banked, only for a tightly regulated, Wall-Street-led version to emerge. He cited his inside view as a major creditor in the Celsius Chapter 11 as formative, saying that bankruptcy taught him how quickly “Bitcoin IOUs” become indistinguishable from the legacy system’s risks. “Anybody that’s left Bitcoin on an exchange and received a Bitcoin IOU… realizes the importance of the ability to self-custody,” he said.

The conversation repeatedly returned to leverage. Archie drew a distinction between the margin chains and rehypothecation that blew up in 2021–2022 and the long-duration, corporate-finance tools used by publicly listed “bitcoin operating companies,” arguing these are “night and day” in terms of systemic fragility. Dixon’s reply was that the real risk emerges when individually sensible structures are linked into a pipeline—ETFs and index funds directing flows, corporate debt and dividend commitments denominated in fiat, stablecoin credit interlacing with bitcoin-backed loans, distressed buyouts rolling assets into the largest public vehicles, and mining equities sitting inside the same index-fund complex.

“When you combine all of these different products together… you can then do this margin process,” he said. He sketched a scenario in which a severe drawdown triggers margin cascades and bankruptcy proceedings that deliver even more coins into a few custodial honeypots. “All you need to do to protect yourself when that event happens is own bitcoin in self-custody,” he said.

Beyond market structure, Dixon placed Bitcoin in a wider macro and geopolitical frame. He argued the United States is pursuing “fiscal dominance”—debt-financed spending that inflates away obligations—while a multipolar currency order accelerates. In that transition, he expects both gold and bitcoin to be instrumentalized. “Bitcoin is going to be placed at the very, very center of a future and upcoming currency war,” he said, asserting that the same financial-industrial network that shapes rates and credit will not hesitate to “engineer some kind of pump and dump cycle that resets the chessboard.” Whether or not readers accept that framing, his prescription does not waver: self-custody first.

Dixon also laid out a personal rule set forged across cycles: buy on a fixed cadence, hold coins in self-custody, and think in multi-year horizons. “Most people come in for number-go-ups,” he said, “but until they go through a disaster, then they realize that the money you can own and money you can spend is the real utility.” He urged viewers to build the operational competence of self-custody now—keys, inheritance planning, and disciplined accumulation—rather than outsourcing it to product wrappers that trade convenience for counterparty risk. “Everybody has to do it,” he said. “The skill of self-custody is something everyone has to do.”

Archie added two caveats for balance: allocate only capital you can leave untouched for at least four years, and remember to upgrade quality of life rather than “bask in the warmth of your UTXOs” indefinitely. Dixon agreed, stressing that the point of reducing financial anxiety is to live better, not to hoard at all costs. Still, he closed with urgency: “There will never be another five years like the five years ahead… In the next five years, you need to accumulate as much bitcoin as is humanly possible,” he said, adding his standard disclaimer—“not financial advice.”

At press time, BTC traded at $123,896.

BTC hovers below $124,000, 1-day chart | Source: BTCUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com

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Gold and Bitcoin both hit new all-time highs, rekindling discussion about whether the two assets are more intertwined than previously believed. Bitcoin is a decentralized scarce asset that has historically been framed as digital gold–a hedge against inflation and the volatility of fiat currencies.

Simultaneous ATHsAt this point, the analogy is being tested in real time as both assets break records almost simultaneously. With the help of 100- and 200-day moving averages, Bitcoin’s price surge to about $124,000 technically represents a strong uptrend after a clean breakout from consolidation.

BTC/USDT Chart by TradingViewIn a similar vein, gold has continued to rise above $3,900, reflecting a strong demand in a macro environment characterized by optimism on the market and ongoing monetary uncertainty. Although both assets are showing significant momentum, their routes to new highs could not be more dissimilar given the relative stability of gold and the volatility of Bitcoin.

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But at their core, the forces driving both rallies are similar: investors are moving away from traditional stocks in greater numbers due to worries about inflation, government debt, and geopolitical unrest. The historical dependability of gold is being rediscovered by institutional players who are also adopting Bitcoin due to its transparency and limited supply, which appeal to the same risk-averse but return-seeking approach.

Bitcoin's liquidity cyclesThough the relationship is not constant, correlation data from recent months indicates that gold and Bitcoin have occasionally moved in tandem during macro shocks. While Bitcoin frequently responds to liquidity cycles and sentiment in the tech sector, gold continues to be the preferred safe haven during times of global unrest.

Despite the stark differences in their audiences and risk profiles, the simultaneous ATHs indicate that both assets are being treated as hedges against systemic risk. If this trend holds, Bitcoin may become more of a contemporary alternative to gold rather than merely a speculative asset, though traders should anticipate much more dramatic fluctuations along the way.

$Bitcoin printed a new ATH last week, reigniting risk appetite across majors. Analysts expect rotation into $ETH as the market looks for the next leader.$Ethereum Price is trading in a classic bull-trend posture.Can ETH reach $5,000, or do we first revisit lower supports?ETH Chart Check: What Happened to Ethereum Price?Structure: Higher lows since late September (green arrow) with a clean reclaim of the 50-Day MA. Price is consolidating under local highs from August–September.

ETH/USD 1-day chart - TradingView

Immediate Levels

Resistance: $4,700–$4,750, then $5,000 (major psychological and historical supply zone).Support: $4,356–$4,400 (horizontal + 50-Day MA area), $3,840, $3,500.Trend Anchors: 50-Day MA rising; 200-Day MA trending up and well below price—bulls in control unless $3,500 breaks.Ethereum Price Prediction: Path to $5,000Hold Above the 50-Day MA: As long as ETH closes above ~$4,393–$4,400, buyers keep control.Break and Base Above $4,700: A daily close through $4,700–$4,750 unlocks $4,850–$4,900 liquidity.With BTC at ATH drawing new inflows, a rotation tailwind could deliver a $4,900 → $5,000 extension. Expect heavier supply on first touch.

Reaching $4,850–$5,000 in October is realistic if BTC remains firm and ETH avoids losing the 50-Day MA. A brief wick beyond $5,000 is possible, but sustained closes above $5,000 likely require rising volumes and catalysts (L2 demand, staking flows, or macro tailwinds).

Ethereum Price Prediction: The Pullback Script if a ETH crash HappensFirst Checkpoint – $4,356–$4,400: A daily close below this area suggests momentum fade; dips can probe $4,000–$4,050 intraday.Deeper Mean Reversion – $3,840: Prior range support; a common spot for dip-buyers in uptrends.Trend Invalidation – $3,500: Losing $3,500 converts the structure to neutral/fragile and reopens $3,200; below that, the 200-Day MA (~$3,051) becomes the last major trend line in play.How to Trade ETH Coin Today: Strategy IdeasMomentum Traders: Look for a $4,700 break-and-retest for a push toward $4,900–$5,000. Avoid chasing long wicks into $5K without confirmation.Dip Buyers: Scale bids near $4,400 and $3,840, with hard invalidation below $3,500 to respect trend risk.Profit Taking: Expect first-touch supply at $5,000. Stagger exits from $4,850 → $4,950 → $5,000 if momentum stalls.October Outlook: Balanced but ConstructiveMacro Wind: $BTC at ATH keeps crypto in risk-on mode. If BTC consolidates rather than reverses, ETH outperformance is a reasonable October theme.Base Case: $ETH ranges $4,350–$4,950, attempting $5,000 late in the month if supports hold.Upside Trigger: Strong daily close above $4,750 with volume = momentum continuation.Downside Trigger: Daily close below $4,350 = revisit $3,840; loss of $3,500 postpones any $5K attempt.Bottom LineIs $5,000 realistic in October? Yes—but not guaranteed. It likely requires BTC stability, a clean break above $4,700–$4,750, and sustained buy volume.What could go wrong? A sharp BTC pullback or loss of the $4,350–$4,400 shelf would delay the $5K test and pivot focus to $3,840 / $3,500.

Bitcoin just hit $125,000 on October 5th during Asian trading hours, pushing its total market value to roughly $2.5 trillion.

XRP is struggling to break above the $3 target on Monday, October 6, following a short rally late last week. 

However, its market capitalization is still up over 4% over the past seven days, sitting at approximately $179.15 billion at the time of writing, according to CoinMarketCap.

While the asset is nowhere near the top weekly gainers like Zcash (ZEC), which is up 140% , the weekend uptick was enough to help XRP briefly overtake BlackRock (NYSE: BLK) in terms of value on Sunday, October 5.

Indeed, the world’s largest crypto fund had a market cap approaching $180 billion, while the cryptocurrency managed to climb near the $183.4 billion mark before dropping again on Monday.

XRP market value. Source: CoinMarketCap
Is another XRP rally coming?
While XRP may have cooled down at the start of the week, some technical indicators suggest another breakout might be on the way. 

The crypto continues to consolidate inside a symmetrical triangle, with resistance overhead at $3.20. A decisive move above that level could open the path toward $3.50.

The moving averages and the moving average/convergence divergence (MACD) are the most bullish signals. 

Namely, the crypto is still trading above the 20-day simple moving average (SMA) of $2.92 and the 50-day SMA of at $2.93, as the MACD (12,16) sits at 0.00739.

Ripple’s fundamentals are strengthening, further supporting the bullish outlook. In June this year, the company applied for a National Trust Bank charter in order to operate stablecoins under federal oversight.

As the October deadline for the application is fast approaching, investors view it as a long-term driver that could trigger a swift advance.

🚨BREAKING: Documents signed by Stuart Alderoty and Timothy Keaney on June 30, 2025.

Deadline: 120 days after signature. October 2025!

💥RIPPLE NATIONAL TRUST BANK💥 #XRP pic.twitter.com/WjaQ6oYfn2

— JackTheRippler ©️ (@RippleXrpie) October 6, 2025

If Ripple manages to meet the deadline and fulfill all necessary requirements, upward price swings will certainly be likely. Naturally, delays could have an inverse effect, raising concerns about the integration of XRP into banking services and thus setting the price back.

Featured image via Shutterstock

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Crypto exchange Binance on Monday said it will list next-generation decentralized perpetual exchange Aster’s crypto token on the platform today. As a result, ASTER token spiked over 10% in an hour to trade above $2 again.

Binance Confirms ASTER Token Listing
In an official announcement by Binance on October 6, the crypto exchange revealed that it will list ASTER token with a seed tag applied. Notably, the seed tag is applied to crypto tokens considered innovative, but may show higher volatility and risks.

The crypto exchange plans to list the decentralized perpetual exchange’s token in USDT, USDC, and TRY trading pairs. Users can start trading ASTER from 12:00 UTC on October 6, with token depositing starting at 9:00 UTC.

Binance reminded users that ASTER will not be available for trading on its pre-listing token feature, Alpha Market, once spot trading opens. Also, the exchange will no longer count trading volume towards Alpha points. Users will have 24 hours to transfer their holdings from Alpha Account to Spot Account.

“ASTER will be delisted from Binance Alpha when spot trading opens on Binance Spot. Users will be able to continue to sell ASTER via Binance Alpha,” said Binance.

In September, the decentralized perpetual exchange’s token skyrocketed by over 1,500% within a week as Binance founder Changpeng “CZ” Zhao endorsed Aster. Whales and entities such as MrBeast purchased ASTER worth millions amid massive hype.

Crypto Token’s Price Spikes Over 10% in an Hour
ASTER price zooms over 10% in just an hour, with the price currently trading at $2.07. The 24-hour low and high are $1.78 and $2.06, respectively. Furthermore, the trading volume has increased by 40% over the last few hours, indicating a massive interest among traders.

The BNB Chain-based token faced strong selling pressure after DeFiLlama delisted Aster’s trading volume data due to integrity concerns. Evidence suggested that Aster’s perpetual volume had recently started to closely mirror Binance’s activity.

CoinGlass data showed a reversal from selling to buying in the derivatives market. At the time of writing, the total ASTER futures open interest dropped 1% to $1.53 billion in the last 24 hours. In the past hour, the futures open interest on Binance, OKX, and Bybit climbed more than 11%, 8% and 6%, respectively. This signals bullish sentiment among derivatives traders.

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The rally comes as investors increasingly turn to Bitcoin and gold as safe-haven assets in response to the rising US national debt, which is set to surpass $38 trillion within weeks. With the US dollar weakening and institutional confidence growing, figures like BlackRock’s Larry Fink and Ray Dalio are endorsing Bitcoin as a hedge against monetary debasement.

Bitcoin Rally Picks Up SteamBitcoin could be gearing up for another major rally after reaching a new all-time high of $125,700 on Sunday. Analysts across the crypto market are very confident that the next upward leg could push the crypto king to $150,000 or higher.

Trader CrediBULL Crypto described Bitcoin’s latest price surge as “impulsive,” which could signal the start of a fresh wave toward higher highs. The analyst believes the market will “blast through” current resistance levels, though pointed out that any pullbacks into the $108,000 to $118,000 zone should be seen as prime buying opportunities. 

Fellow trader Crypto Chase shared a similar outlook by saying a “new leg up seems likely” and that if Bitcoin’s momentum stays strong, corrections will be minimal. Hyperliquid whale trader James Wynn added that the asset  likely entered price discovery mode after prolonged suppression. He believes BTC could print another record high within hours as investors shift their attention from traditional markets.

Bitcoin also closed the week at $123,543 — which was its highest weekly close in history, according to TradingView. Part of the rally’s strength seems to be tied to macroeconomic conditions, particularly the US government shutdown that began on October 1. 

Jeff Mei, chief operating officer at BTSE, suggested that the shutdown, along with a weakening US dollar and potential rate cuts, is driving investors toward Bitcoin as a safe haven and hedge against depreciation. The US Dollar Index already dropped more than 12% since the start of the year, making it one of its worst performances in decades.

At the same time, record inflows into US spot Bitcoin exchange-traded funds (ETFs) helped fuel the latest surge. Venture investor Will Clemente said the rally was powered by spot ETF activity rather than speculative derivatives or treasury accumulation. ETF expert Nate Geraci explained  that the funds saw $3.2 billion in inflows last week — their second-best performance since launch. 

Combined with Bitcoin’s historically bullish October performance, many analysts believe the stage is set for another explosive rally. Capriole Investments’ Charles Edwards even projected that Bitcoin’s breakout above $120,000 could trigger a climb toward $150,000.

Investors Seek Safety in BitcoinAnother factor that could give BTC a boost is the rising US national debt. Investors are increasingly looking for refuge in safe-haven assets like Bitcoin and gold as the United States faces a mounting debt crisis. 

The national debt now sits at $37.9 trillion, and is growing at an alarming pace. In fact, the debt rises by nearly $70,000 per second, or around $6 billion per day. According to data from the US Congress Joint Economic Committee, the figure is expected to surpass $38 trillion in the next 20 days and could reach $50 trillion within a decade. 

US national debt changes (Source: US Congress Joint Economic Committee)

Representative Keith Self warned that unless Congress acts quickly, the country could face a sudden financial collapse. He urged citizens to demand fiscal responsibility from their leaders.

As fears over the dollar’s stability grow, investors are turning to Bitcoin and gold to protect their wealth. JPMorgan recently described the two as the “debasement trade,” which refers to their appeal during periods of currency erosion. The move coincides with both assets setting new records. Bitcoin surged to an all-time high of $125,506 over the weekend, while gold hit a historic $3,920 per ounce on Sunday. The trend proves that there is growing confidence in hard assets with limited supply, especially as the US dollar weakens.

Institutional interest in Bitcoin also  intensified. BlackRock CEO Larry Fink, who was once a vocal skeptic, suggested earlier this year that Bitcoin could soar to $700,000 as investors seek protection against monetary debasement. Legendary hedge fund manager Ray Dalio recommended that investors allocate up to 15% of their portfolios to Bitcoin and gold to improve their return-to-risk ratios. Dalio also warned that other Western economies, including the UK, face similar debt spirals that will likely drive their currencies lower relative to these alternative assets.

Globally, the debt picture is no better. Reuters reported that total world debt reached a record $337.7 trillion by the end of the second quarter. This was driven by continued quantitative easing and a weakening US dollar. 

The Trump administration has been trying to rein in government spending through various efficiency programs. A collaboration with Tesla CEO Elon Musk saved an estimated $214 billion before his term as a special government employee ended. Trump’s “Big Beautiful Bill Act,” cut $1.6 trillion in federal spending, but ironically contributed to pushing the US debt past $37 trillion.

Key NotesJoseph Lubin stated on X that MetaMask incentive rewards were an early prototype.Though yet to go live, he also admitted that the vision behind the is very real.MetaMask had previously launched its stablecoin dubbed MetaMask USD (mUSD).
Consensys’ co-founder and CEO Joseph Lubin recently acknowledged the ongoing discussions about a MetaMask incentive reward. However, he clarified that the situation is not exactly as it is being interpreted by members of the community. The crypto boss set the record straight by explaining the true nature of the incentive initiative.

MetaMask to Distribute $30M Tokens in Season 1
According to Lubin, the concepts of a MetaMask incentive reward were early prototypes and are yet to go live. At the same time, it is not possible to overlook the vision behind them, as it is very real. In the words of ConsenSys’s CEO, “it is all about building a token economy.” 

“MetaMask is building the future of personal finance. We’re designing an experience that rewards people for how they already use MetaMask through meaningful incentives, perks, and referrals,” he added.

The distribution of the incentives has been categorized into phases, with the first being Season 1, when more than $30 million worth of tokens, including $LINEA, will be distributed in many forms to users. This is a reward for the onchain activity they participate in daily, especially for those users who have engaged with the protocol since its inception. 

There’s been chatter about a MetaMask rewards leak. Those concepts were early prototypes — not live. But the vision behind them is very real. And it is all about building a token economy.

MetaMask is building the future of personal finance. We’re designing an experience that… https://t.co/ARa6714wOw

— Joseph Lubin (@ethereumJoseph) October 6, 2025

MetaMask sees this move as one that points towards a bigger evolution in the way it connects, empowers, and rewards its community. This will extend further to its Token Generation Event (TGE), which is scheduled for later. This may be a good time for enthusiasts who intend to join the MetaMask movement. 

Consensys’ Exploits Include mUSD and Some Strategic Partnerships
Lubin has been talking about the long-anticipated launch of the MetaMask token, MASK. Around mid-September, he claimed that the digital asset may arrive sooner than expected. 

Already, the Ethereum-based Layer-2 network boasts its own stablecoin, MetaMask USD (mUSD), which is now live on the Ethereum mainnet and the Layer-2 network Linea.

Meanwhile, ConsenSys has been helping other projects build, in a bid to support mainstream crypto adoption. At the end of September, global financial messaging network Swift announced that it had partnered with ConsenSys to develop a blockchain-based shared ledger to handle cross-border transactions. 

It also has 30 other major financial institutions on the project, including JPMorgan Chase, HSBC, and Deutsche Bank.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.

Godfrey Benjamin on X

Morgan Stanley has released its October Global Investment Committee report, recommending that clients allocate 2% to 4% of their portfolios to cryptocurrency. The bank framed this as an appropriate level of exposure given the asset class’s volatility and unique market dynamics.

The report described crypto as speculative but increasingly mainstream, showing Bitcoin as a type of “digital gold.” It placed Bitcoin in the broader category of real assets, reflecting its growing role in investment strategies while keeping the focus on balanced portfolio allocation.

Description Wealth Conservation Income Balanche Growth Market Growth Opportunity GrowthRisk profile 12345Max crypto allocation0%0%2%3%4%The report also advised investors to review and rebalance their portfolios at least once a year. This prevents crypto holdings from growing beyond their intended share, which could raise overall risk.

According to the bank, cryptocurrency has a role in modern investment strategies, but allocations should remain controlled. The goal, it noted, is to give investors measured exposure to emerging technology rather than unchecked risk.

The report said, “While the GIC allocation models will not include explicit allocations to cryptocurrency, we aim to support our financial advisors and clients, who may flexibly allocate to cryptocurrency as part of their multi-asset portfolios.”

Replying to this, Bitwise Asset Management CEO Hunter Horsley said, “This is huge.” Thanking the growing role of crypto in professional portfolio management, Horsley added, “We’re entering the mainstream era.” 

How To Rebalance a Portfolio? Caleb & Brown, an Australia-based crypto brokerage, says that a well-balanced crypto portfolio can significantly reduce risk factors. It recommends users to do their own research before investing and use assets with a payment solution. like Bitcoin, XRP, and stablecoins. It also advised the investors to ‘never invest more than they can afford.’

In a blog post, the brokerage said, “There is no one-size-fits-all approach to building a portfolio, and each strategy comes with different trade-offs for different types of traders or investors, depending on their goals, risk appetite, and profile. Essentially, your ability to accept potential losses or large fluctuations in unrealised gains or losses could provide higher returns in the long term.” 

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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Gold hit an all-time high of $4,000 per ounce as traders reacted to the U.S. shutdown and possible Fed rate cuts.

Bitcoin attained a new all-time high on Sunday, hitting $125,770 on Coinbase. Over the course of the previous week, the U.S. Spot Bitcoin ETFs attracted one of the biggest weekly inflows of 27.78K BTC. Is the stage now set for a huge multi-month surge to the cycle highs? 

U.S. Spot Bitcoin ETFs pull in large weekly inflowLast week was a green week as far as the U.S. Spot Bitcoin ETFs were concerned. Money poured in all week to buy Bitcoin, and this reached a crescendo on Friday as 8.18K BTC were purchased in one day, attributing to a total inflow for the week of 27.78K BTC.

Long term holders finished selling?The only large fly in the ointment now is whether long term holders have finally finished cashing in their chips. According to on-chain data from Glassnode and Cryptoquant, a conservative estimate of the total of long term holder selling since July is from 350,000 to 400,000 BTC. 

Are $BTC buyers exhausted yet?

Source: TradingView

While a new all-time high was made on Sunday, it does look like some kind of a reversal may be starting to take shape. After leaving a couple of decent sized candle wicks to the upside on the 4-hour chart, the price is showing signs that it might be about to roll over. This can be seen in the price action and the two indicators at the bottom of the chart, especially the RSI, which shows its indicator coming down from a very overbought condition. As this indicator continues to fall, look for support to be found at the 50.00 level. 

In the price action, a flag might now start to form. This would be a very healthy pattern that would provide more time for the shorter term Stochastic RSIs to reset to the bottom, ready for the next upward leg.

Of course, as it has been doing up to now after its breakout, the $BTC price could just continue to climb. Bullish sentiment has returned to Bitcoin and dips for buying have become ever shallower.

Channel breakout move to $129,500?

Source: TradingView

The $BTC price continues to trade at the level of the previous all-time high. Underneath the price, an initial band of support stretches from $120,000 down to $117,000. While the price may certainly come down to test these, it still has not reached the measured move of the descending channel breakout, which would take the price to $129,500 should it play out. 

At the bottom of the chart, the RSI has its indicator approaching a nearly year-long descending trendline. It will need to break through this trendline and reach the 85.00 level in order to cancel out bearish divergence.

Big move coming

Source: TradingView

The 2-week chart shows the supports that are now becoming a solid base under the $BTC price. $117,000 is now easily the next most critical support on the way down. If this can be tested as support at the end of this week, an entry into price discovery should follow.

The RSI indicator is now right up against the descending trendline that stretches from Q1 2024. A breakthrough and confirmation above would be a very bullish signal, while it can be seen in the Stochastic RSI that the indicator lines have crossed back up. The scene is set for a big move going into the end of this year. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The market capitalization of the digital asset sector stands at approximately $4.34 trillion.

The cryptocurrency market lost some steam after reaching its peak level towards the end of last week, with Bitcoin (BTC) retracing under $124,000.

Some of the leading altcoins, however, continue to march forward. Binance Coin (BNB), for instance, tapped a new all-time high price above $1,200.

BTC Takes a Step Back
The primary cryptocurrency made the headlines yesterday (October 5) when its price hit a new historic peak at approximately $125,500. However, the bulls could not hold that level for long, and the valuation retraced to as low as $122,500 shortly after.

In the following hours, there was another resurgence, which pushed BTC above $124,000. As of this writing, the asset trades at around $123,700, representing a 0.8% decline on a daily scale.

BTC Price, Source: CoinGecko
Meanwhile, the solid interest in spot BTC ETFs and the declining amount of coins held on crypto exchanges suggest this could be a temporary pullback that may be followed by another rally during “Uptober.”

Bitcoin’s market capitalization, which soared to a new peak of $2.5 trillion on October 5, is currently standing at roughly $2.46 trillion. Its dominance over the altcoins remains relatively unchanged at around 55.3%.

BNB Sets a New Record
Some well-known altcoins, such as Ethereum (ETH), Ripple (XRP), Solana (SOL), Dogecoin (DOGE), and Cardano (ADA), have followed BTC’s footsteps, registering slight decreases.

You may also like:

Bitcoin Keeps Breaking Records, But Each Halving Cycle Delivers Smaller Gains

Bitcoin (BTC) Could Surge to $170K in Q4: Report

Bitcoin’s Bull Run Backed by Growing Long-Term Holders

On the other hand, Binance Coin (BNB) defied the pullback and soared to a fresh all-time high of $1,220. The asset is up 20% on a weekly scale, while numerous analysts believe there is much more room for growth during this cycle.

Other popular cryptocurrencies posting some gains today include Mantle (MNT), ZCash (ZEC), and OKB (OKB).  The total market capitalization of the sector has slipped by o.5% over the last 24 hours and stands at around $4.33 trillion.

Cryptocurrency Market Overview, Source: QuantifyCrypto

Tags:

Bill Morgan has highlighted the yearly growth of XRP price.
Ripple token was trading at $0.5335 on October 07, 2024.
It was seen at $2.96 while drafting the article.

Bill Morgan recently responded to a community member, highlighting the yearly growth in the XRP price. The Ripple token surged significantly over the past 7 days. It is likely to regain a new high this year if rate cuts and ETF approvals fall in place. A wallet just transferred over 18 million XRP to Ripple.

Bill Morgan Backs XRP Price Rise
Bill Morgan, a notable crypto advocate, responded to a community member who earlier said that two things would not be seen again. The member stated that it would be Satoshi Nakamoto and the XRP Ledger first 32,569 blocks. Bill responded to this by saying that there were rather three things, adding that XRP would not be seen at $0.60.

Bill Morgan further highlighted that XRP price has come a long way over the past year. The Ripple token was $0.5335 on October 07, 2024. It is now way beyond the margin of $2. Bill underlined that last year’s mark was a missed chance to stack a bag.

This is not the first time Bill has backed the yearly growth of the Ripple token. He earlier called out a community member by saying that they missed the token when it was under $0.60. Further stating that the token could pump to over $3.50 after 12 months.

Factors for XRP Price
There are two factors that could possibly affect XRP price in addition to XRP gaining institutional adoption. One is a rate cut, and another is ETF approval. The US Federal Reserve is expected to cut lending rate by 25 bps again in October. This would be the second time this year the Fed slashes the rate, and possibly a contributing factor in triggering a surge in the price. The US Fed is expected to make a total of three cuts this year, with the third and final cut likely to happen before year-end.

Bill Morgan previously mentioned that XRP ETF approval was on its way. It could be delayed following the Government shutdown. Nevertheless, the Ripple community is optimistic that the ETF approval will eventually happen and boost XRP price to a new ATH. The current all-time high value for the Ripple token is $3.84, which was recorded on January 04, 2018.

Ripple Token Wallet Transfer
According to a report by Whale Alert, a total of 18,744,800 Ripple tokens were transferred from a wallet to Ripple. They were collectively worth approximately $55.86 million at the time of the transaction.

The transfer has triggered anticipation for a sell-off as the token has lost almost 2.96% of its value in the last 24 hours. XRP price is currently listed at $2.96, and it is estimated to hover around the same value for the next 30 days amid the volatility of 0.74%.

Highlighted Crypto News Today:

Crypto Analyst Ted Pillows Hosts Opinion Poll; Majority Indicate Bullish Sentiments

Curious by nature, Ankur's core topic is Web3, but he's a versatile writer who can cover many more subjects. If you catch up with him in his free time, you'll find discussions often center around different movies and TV series. He's an easy person to talk to—you can literally chat with him about anything.

The United States' national debt has surged to $37.88 trillion as of October 2, 2025, growing at a rate of $69,891 per second or approximately $6 billion daily adding $2.2 trillion since October 2024.

Key Points:

Binance lists Aster for new spot trading pairs on October 6, 2025.Community anticipates increased liquidity in Decentralized Finance.Market closely watches Aster post-announcement price movements.
Binance is set to launch Aster trading pairs at 12:00 UTC on October 6, 2025, following an official announcement, with new pairs including ASTER/USDT, ASTER/USDC, and ASTER/TRY.

This listing has sparked notable market and community activity, with early deposit promotions and speculation over Aster’s role in decentralized finance growing significantly.

Binance Adds Aster with Incentives and Trading Impacts
Binance’s announcement to introduce Aster spot trading pairs follows a period of heightened market activity and speculation. The exchange also initiated a deposit promotion, promising 9,990 USDC in rewards for the first 666 verified depositors of ASTER. The move highlights Binance’s commitment to expanding its decentralized finance offerings and diversifying its trading options.

The launch is prompting immediate changes in market dynamics, as traders and investors look to capitalize on the new offerings. Speculators have anticipated this development, leading to recent fluctuations in ASTER’s price. The listing follows previous rumors and speculations fueled by indirect activities and endorsements from Binance’s co-founder, Changpeng Zhao.

Market reactions have varied, with analysts observing both upsides and volatility in ASTER’s valuation. Changpeng Zhao’s prior admiration for Aster’s innovative liquidity architecture has spurred significant interest. Community forums and discussions indicate excitement and caution as the market assesses the implications for liquidity and trading volumes.

Aster’s Potential Market Influence and Historical Insights
Did you know? Aster’s perpetual trading volume matched Binance’s records last September, questioning on-chain data integrity and leading to scrutiny over its decentralized listing practice.

Aster, currently priced at $1.95 with a market cap of formatNumber(3238690236, 2), has experienced a 5.77% drop in 24-hour pricing, as reported by CoinMarketCap. The token’s circulating supply stands at formatNumber(1657700000, 2) ASTER, with a fully diluted market cap of formatNumber(15629801463, 2). However, the seven-day performance remains slightly positive, reflecting a 1.29% increase. Higher trading volumes, up by 21.99%, show escalated market interest. The token’s recent decline follows its historic 30-day price surge of over 2215.19%.

Aster(ASTER), daily chart, screenshot on CoinMarketCap at 07:55 UTC on October 6, 2025. Source: CoinMarketCap

Coincu’s research team anticipates Aster’s listing on Binance will facilitate greater liquidity flow than previous digital listings. This launch may trigger further technological integration and governance development in decentralized trading protocols, analysts report. Despite Aster’s market volatility, its introduction on such a prominent exchange could enhance visibility and attract wider institutional participation.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Crypto markets may be distracted by the U.S. government shutdown in the coming week. With key data from the world's largest economy not being published, traders may find difficulty in identifying big-picture catalysts for their positions.

Michael Saylor stated that Strategy did not purchase new Bitcoin this week.

Litecoin price today is sitting at $120.43, while reflecting a modest 0.42% dip since yesterday. But it is still holding a healthy 13.77% gain on the weekly chart. Talking about which, over the past 7 days, we saw Litecoin gather strength, only to face resistance at $123.99. Despite a solid market cap of $9.2B and an impressive recent rally, momentum has cooled down. This is as technical and fundamental headwinds weigh on LTC’s price action.

Why Litecoin Stumbled?Within crypto circles, top traders and influencers highlight the main force behind Litecoin’s recent volatility to be regulatory uncertainty. The widely anticipated SEC ruling on Canary Capital’s spot Litecoin ETF was abruptly delayed. This setback removed a major bullish catalyst, with many analysts having placed a 90% probability on ETF approval. 

The delay spooked traders who expected a rapid catalyst-driven rally. Further, this resulted in unwinding of positions and an accelerated downturn. Especially as algorithmic traders kicked in upon the loss of the 61.8% Fibonacci support around $109.67.

LTC Price Analysis:Litecoin’s failure to break above $123.99 and subsequent drop beneath $121 introduced a short-term bearish structure. The daily RSI has declined to 60.3 after reaching overbought conditions. Current LTC price action shows it gravitating around the $121 pivot zone. The bulls must reclaim and hold this area to neutralize the bears and reignite upside momentum.

That being said, the key supports remain at $110.06 and $103.02. This is with the volume thinning out as traders wait for ETF news. Consequently, LTC’s 24-hour trading volume dipped over 4%, suggesting not just risk-off sentiment, but a broad rotation into Bitcoin as it nears historic highs.

FAQsWhy did the Litecoin price drop after hitting $123.99?

Litecoin faced rejection at $123.99 due to technical resistance and profit-taking, exacerbated by a delayed SEC decision on a key spot ETF product.

What levels should traders watch for a breakout or breakdown?

Traders should monitor $121 for bullish confirmation. Key downside supports are $110.06 and $103.02.

How is Bitcoin’s strength impacting Litecoin?

As Bitcoin’s market dominance climbs near all-time highs, investor attention and liquidity shift away from altcoins like Litecoin, creating additional selling pressure and muted upside.

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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Mon, 6/10/2025 - 8:17

$55,868,599 XRP flow raises questions as funds shift to Ripple amid $3 XRP price drama

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

This morning, data from Whale Alert showed that 18,744,800 XRP, worth around $55.9 million, were transferred from an unidentified wallet to one of Ripple’s main accounts. The unknown source and direct route to the crypto company of course caught the attention of traders who monitor these flows for insights into how Ripple manages its XRP holdings.

Those who closely follow these movements, such as "XRPwallets" account" say the process is familiar. Ripple brings tokens back into its main account before redistributing them into different channels, such as On-Demand Liquidity corridors, exchange-traded products, custodial structures and investment vehicles. 

While this makes the transfer less mysterious, the lack of context around the timing leaves room for speculation in the market.

Here's how XRP price reactedAs for the trading side, XRP is currently at around $2.99. Support is at $2.93, and resistance is at $3.05. The daily chart shows the price staying within this narrow range, but the hourly charts show quick drops toward $2.95 that are matched by quick rebounds. 

HOT Stories

For traders, it is pretty simple: if it breaks above $3.05, it could go toward $3.20, but if it weakens back below $2.90, it will probably test the lower range again.

XRP/USD by TradingViewIt not not the most Ripple has done, but the context makes it a big deal. The market is taking more of an interest in how Ripple handles its reserves, on top of the growing interest from institutions and the new talks about possible privacy features in the XRP Ledger. 

In that case, a $55 million transfer is less of a regular adjustment.

Related articles

Key NotesBNB reached an all-time high of $1,220 on October 6.Some analysts expect the token’s price to break above $1,500.BNB’s RSI is still in the neutral zone despite the massive two-month price rally.
October started with bullish expectations for Bitcoin

BTC
$123 785

24h volatility:
0.8%

Market cap:
$2.47 T

Vol. 24h:
$57.38 B

and the broader altcoin market. The current fear of missing out pushed BNB

BNB
$1 210

24h volatility:
3.0%

Market cap:
$168.39 B

Vol. 24h:
$2.79 B

to a new all-time high.

BNB gained 3% over the past 24 hours and reached an ATH of $1,220 at around 06:35 UTC on Oct. 6. The asset’s market cap reached $170 billion, getting close to USDT’s $179 billion value.

Notably, BNB’s rally didn’t start overnight. The asset recorded a 60% price rally over the past two months.

With the current FOMO, some analysts believe that BNB could push further, market the $1,500 zone as the next psychological target.

#Binance just cracked the $1200 mark — and that sound you hear? That’s the gates to $1500 creaking open pic.twitter.com/YxuzVTZMCi

— DownToCryptoTA (@DownToCryptoTA) October 6, 2025

However, it should be noted that it takes more than just FOMO for BNB to break above $1,500 since its market value would need to reach above $208 billion. This would make it the third-largest digital asset in the market, surpassing XRP

XRP
$2.99

24h volatility:
2.2%

Market cap:
$178.90 B

Vol. 24h:
$4.77 B

and USDT

USDT
$1.00

24h volatility:
0.0%

Market cap:
$177.08 B

Vol. 24h:
$102.91 B

.

BNB Still Not Overbought
BNB’s technical data, combined with the market FOMO, shows that $1,500 is still a realistic target.

According to data from TradingView, BNB’s Relative Strength Index just reached 72 with the new ATH. 

BNB price hitting new ATH and RSI at 72 | Source: TradingView

The indicator shows that BNB is seeing strong momentum from market participants, but it’s still not overbought at this point.

If the RSI moves above the 80 mark, it would indicate overbought conditions, triggering profit-taking and high price volatility for BNB.

Moreover, Bitcoin’s new ATH of $125,559 on Oct. 5 boosted the FOMO around a bullish October, often called “Uptober” among the crypto community. Coinspeaker reported that there are expectations of $150,000 for the BTC price due to the strong momentum.

Bitcoin recorded an average monthly return of 20.8% over the past 12 Octobers, according to data from CoinGlass. If the leading cryptocurrency rises further, there’s a good chance that the top altcoins, like BNB, will follow.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Wahid has been analyzing and reporting on the latest trends in the decentralized ecosystem since 2019. He has over 4,000 articles to his name and his work has been featured on some of the leading outlets including Yahoo Finance, Investing.com, Cointelegraph, and Benzinga. Other than reporting, Wahid likes to connect the dots between DeFi and macro on his newsletter, On-chain Monk.

Wahid Pessarlay on X

Bitcoin’s recent pullback from its record highs has sparked debate, but analysts suggest the bull run is far from over. After surging past $125,000 over the weekend, Bitcoin (BTC) reflected optimism around easier monetary and fiscal policies amid the ongoing U.S. government shutdown. Traders appear to be pricing in global easing expectations, including Japan’s potential return to Abenomics-style stimulus under its new prime minister.

Despite a modest dip of around 1% in the past 24 hours, Bitcoin remains supported by strong spot demand and ETF inflows rather than leveraged speculation. Sunday’s rally occurred during typically thin liquidity, and with just $65 million in BTC futures liquidations, it points to genuine buying rather than a short squeeze. However, some traders quickly booked profits, contributing to the mild correction seen on Monday.

The total crypto market capitalization now stands around $4.07 trillion, with the Fear and Greed Index at 64—an elevated yet not euphoric level—indicating room for further gains. Altcoins such as Dogecoin (DOGE), Cardano (ADA), XRP, and Tron (TRX) saw minor losses, while Ethereum (ETH) dropped slightly by 0.5%. BNB remains the standout, up over 17% weekly at $1,184, signaling continued sector rotation within crypto ecosystems.

A key bullish driver is the record $45 billion increase in stablecoin supply last quarter, two-thirds of which originated from Ethereum. This “dry powder” reflects growing investor readiness to deploy capital, reinforcing market strength. Combined with a government shutdown that may slow economic data releases and prompt central bank caution, macro conditions continue to favor risk assets like Bitcoin.

Analysts are watching the $125,000 level closely. A sharp approach followed by rejection could indicate supply dominance, while a steady grind higher may confirm renewed momentum. As institutional flows build and ETF demand stabilizes, Bitcoin’s path toward new highs remains open—marking this as a potential continuation phase rather than the end of the bull market.

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