Bitcoin rebounded 1.2% to $103,450, stabilizing after the steep liquidation-driven drop below $100,000 earlier in the week.
Ethereum climbed 2.2% to $3,400, while Solana reclaimed $160; total market capitalization rose 2% to $3.46 trillion.
Spot Bitcoin ETFs posted $137 million in outflows, marking the sixth consecutive day of redemptions; Ethereum ETFs saw $119 million in outflows, while Solana ETFs recorded $9.7 million in inflows for a seventh straight day.
Ripple secured a $500 million strategic investment at a $40 billion valuation, signaling renewed venture appetite for digital asset infrastructure. Japan’s Metaplanet launched a $100 million Bitcoin accumulation fund, extending the regional corporate pivot into digital assets.
ADP employment beat expectations, printing +42,000 jobs in October, the strongest gain since July, tempering fears of a deeper U.S. slowdown.
The U.S. government shutdown hit 36 days, delaying crypto legislation and tightening liquidity across funding markets.
An implant that read recovery phrases off the screen and sent them out over LTE has been linked to more than $86 million in suspected thefts, and a second tampered device has now surfaced in Singapore.
Headline and core CPI both came in a tenth above forecasts, and Bitcoin slipped below $82,000 as traders raised the odds of a second consecutive rate increase at the Fed's Oct. 27–28 meeting.
Tiger Research's Q3 data shows the rebound's capital went into tokens and ETFs, while the money that did reach crypto companies came increasingly from exchanges, lenders and public markets instead of the lead VCs that set terms in past cycles.
The trade settled a two-year note within minutes and pledged it as overnight collateral, a test of whether tokenization can shorten the gap between buying a bond and financing it.
