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.
With Fed officials in blackout until the October 27–28 meeting, Treasury yields, oil and AI earnings will set the direction for a Bitcoin market pinned between $80,000 and $85,000.
The contracts give institutions a regulated hedge on two smaller-cap tokens, and six months of CME trading in UNI would matter for Bitwise's pending spot Uniswap ETF.
Ledger’s supply-chain attack exposes the uncomfortable trade-offs behind hardware wallets: the devices promising security can create new vulnerabilities through complexity, opaque manufacturing and misplaced trust.
The Global Money Platform is the first product to combine Mastercard's payout and card network with BVNK's stablecoin infrastructure since Mastercard acquired the startup in August.
