Skip to content
Sign In Subscribe
The Wire — B.R.O.

Crypto Roars Into Record Territory While Geopolitics Cool & Gold Hits $4,000 Milestone

Your daily access to the backroom

,   and  Blockhead
3 min read

Key Takeaways

  • Bitcoin hit a new all-time high of $125,899, up 6.4% in 24 hours. ETH surged to $4,735, BNB hit $1,242, and SOL traded at $234.
  • Bitcoin ETF inflows totaled $1.19 billion on October 6 — BlackRock led with $970 million. Ethereum ETFs added $177 million, maintaining positive flow momentum.
  • Gold crossed $4,000/oz, a historic record that reinforces the scarcity trade.
  • Whale selling slowed markedly; $1.64 billion in BTC withdrawn from exchanges over the past 30 days.
  • Gaza ceasefire negotiations eased geopolitical tension, lifting global risk sentiment.

This post is for paying subscribers only

Subscribe

Already have an account? Sign In

Related

Latest

Fragile Optimism as Rates Come Back From Brink
Markets

Fragile Optimism as Rates Come Back From Brink

With bonds and equities moving in lockstep and traditional hedges faltering, markets are trading headline-to-headline on Iran while Bitcoin’s resilience above $70K reflects cautious positioning in a regime where geopolitics, not fundamentals, is setting the pace.

,   and  Ashrith Rao