BTC reclaimed support at $110,000 and trades near $111,200 after a modest intraday lift; ETH edged toward $4,000.
Spot flows mixed: Bitcoin ETFs recorded a $20.33 million net inflow (BlackRock IBIT led with $108 million). On the other hand, Ethereum ETFs saw another day of outflows worth $128 million.
Long-term holders are still distributing, however, the Dolphin cohort (100–1,000 BTC) now holds ~26% of supply and remains the marginal buyer.
Elevated open interest can amplify volatility with key liquidation clusters sitting above $114,000.
Macro shock: U.S. government shutdown enters day 24; ADP suspended data sharing to the Fed, with policymakers facing an unprecedented information vacuum ahead of the October FOMC.
Kevin Warsh's financial disclosures ahead of his Senate confirmation hearing reveal stakes in at least 20 crypto-linked firms, including Dapper Labs, Solana, Optimism, and dYdX, through a series of excepted investment funds.
The world's largest stablecoin issuer is moving directly into the consumer wallet market, launching a self-custodial app that lets users send USDT, tokenized gold, and bitcoin without gas tokens or complex addresses.
The CFTC-regulated exchange is building a network of Introducing Brokers to distribute event contracts — and has recruited an online casino operator with existing compliance infrastructure and customer-facing platform.
The S&P 500 has recovered all losses incurred since the US-Iran conflict began. Crypto followed, but the rebound is narrow — BTC sitting near two-month highs while altcoins lag.
