Bitcoin surged to $118,500, fueled by $204 million in liquidations (mostly shorts). Market cap climbed to $2.33 trillion with daily active addresses reaching 869,000.
Ethereum rallied 5.5% to $4,337, with $57.4 billion futures OI and bullish options positioning.
Spot ETF inflows supported majors: BTC +$270 million, ETH +$55 million on October 1.
The U.S. shutdown commenced while ADP private payrolls fell by 32,000, marking the worst decline since March 2023.
Altcoin sentiment is strengthening as Google search interest for “altcoins” spikes.
Crypto promised to democratise finance in Southeast Asia. The results were mixed. AI agents could be a second chance, but only if the infrastructure is built for everyone, not just those who can already afford a seat at the table, argues Morph CEO Colin Goltra.
A new Nomura and Laser Digital survey of 518 investment professionals finds improving sentiment, growing allocation intent, and a shift in concerns from "should we?" to "how do we?"
Ethereum just had its busiest quarter ever, yet ETH sits at roughly $2,328, down over 50% from its August 2025 high near $5,000. The divergence between record onchain usage and flat price action is the most significant fundamental signal in the ETH market right now.
