BTC staged a 3.17% intraday rebound to about $115,000, but faces stiff resistance at $116,000–$116,500; sustained spot demand is required to rebuild a sustainable uptrend.
ETH, BNB, SOL and XRP led the bounce (ETH +8.2% to $4,140; BNB +14% to $1,288). The breadth of recovery across the market helps, but ETF flows this week will determine durability.
Macro risk: Spot gold hit a record $4,059.30/oz and President Trump reaffirmed tariffs for November 1 with geopolitics and trade policy remaining primary tail risks.
The two treasuries fund their accumulation in very different ways, and a filing shows Strive holding a stake in Strategy's own preferred stock, so the two are not just parallel bets on bitcoin. They hold each other's paper.
The deal puts a bank-issued stablecoin on a major exchange while giving that exchange's institutional clients access to round-the-clock dollar settlement.
