As approximately $3.37 billion in Bitcoin options contracts approach expiration on October 3, crypto markets appear poised for stability rather than volatility. This week’s expiry event marks a return to normalcy following last quarter’s major settlement, with a balanced put/call ratio of 1.1 and maximum pain at $115,000 suggesting limited market disruption. Meanwhile, spot markets continue their upward trajectory, with Bitcoin briefly touching $121,000 and total crypto capitalization approaching record highs of $4.23 trillion, buoyed by weak US labor data that increases pressure on the Federal Reserve to cut rates.
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Bitcoin Breaks $119K as Institutional Flows Fuel Rally
Bitcoin surged past the critical $119,000 level, marking its highest point in recent sessions as institutional capital continues flowing into spot ETFs. The cryptocurrency has gained 8% over the past week, with analysts pointing to sustained buyer interest above key support levels. Market participants are now watching whether BTC can maintain momentum toward the $130,000 target.
read moreBitcoin Hits $120K, Liquidating 127K Over-Leveraged Traders
Bitcoin has surged past $120,000 for the first time since its August all-time high, sparking a massive market rally that has simultaneously propelled altcoins and devastated over-leveraged traders. The dramatic price movement has resulted in over $430 million in liquidations, affecting more than 127,000 traders as volatility returned with a vengeance. This October surge, dubbed ‘Uptober’ by market participants, marks a dramatic reversal from September’s bearish sentiment and demonstrates the continued high-stakes nature of cryptocurrency trading.
read more$165B Crypto Rally Fuels $4.16T Market Cap Surge
The cryptocurrency market experienced a massive $165 billion inflow over 24 hours, pushing total market capitalization to $4.16 trillion as Bitcoin led a dramatic breakout amid surging investor risk appetite. With the market now approaching its all-time high, this rally has been fueled by expectations of Federal Reserve rate cuts and has triggered significant short liquidations across major digital assets, signaling what analysts believe could be the beginning of a sustained bull run.
read moreCrypto Rally: Litecoin, Stellar Surge as ‘Uptober’ Begins
Cryptocurrency markets are experiencing a significant rally as October begins, with Litecoin and Stellar leading gains among major digital assets. The surge has triggered massive short liquidations and flipped market sentiment from fear to greed in a dramatic shift. Traders are rotating into established cryptocurrencies amid what historically has been Bitcoin’s strongest month, creating what investors have dubbed the ‘Uptober’ effect that has caught many traders off guard.
read moreSEC Delays Altcoin ETF Approvals Amid Government Shutdown
The U.S. Securities and Exchange Commission has suspended its review of spot altcoin ETF applications due to the ongoing government shutdown, creating significant delays for more than 90 pending funds that analysts had expected to begin approval with Solana-focused products in early October. This regulatory pause affects issuers from both traditional finance and crypto sectors seeking to capitalize on surging institutional demand for digital asset products, with the successful Bitcoin and Ethereum ETFs now managing approximately $172 billion combined serving as a powerful catalyst for this new wave of applications.
read moreEthereum Posts Strongest Quarterly Gain Since 2021
Ethereum delivered its most robust quarterly performance in over four years during Q3 2024, surging 66.6% despite a modest September pullback. The rally was primarily driven by massive institutional inflows into spot ETH ETFs and growing corporate treasury allocations. On-chain activity also reached record levels, reinforcing Ethereum’s fundamental strength beyond speculative trading.
read moreBitcoin Options Pinned at $113K, December Set for Volatility
Bitcoin’s derivatives market is currently navigating two distinct realities: short-term price action remains mechanically constrained by dealer hedging activity, while year-end option structures suggest significant volatility potential lies ahead. With Bitcoin trading around $113,500, the market finds itself trapped within a gamma concentration zone that suppresses movement through October, but December’s flat gamma profile and massive open interest could unleash directional momentum once the calendar turns. This divergence creates a calendar-driven volatility pattern where October’s calm may give way to Q4 storms as large option expiries approach.
read moreHyperliquid Hits $84B Volume as HYPE Token Tests Resistance
Hyperliquid is experiencing explosive growth with trading volumes surging to $84 billion and daily activity exceeding $6 billion. The platform’s momentum is fueled by both trading activity and the successful launch of its Hypurr NFT collection on HyperEVM, while the HYPE token approaches key technical resistance levels amid overbought conditions.
read moreAltcoins Rebound as $345M in Shorts Liquidated
Major altcoins have surged 3-4% in the past 24 hours, partially recovering from last week’s sell-off. The rally triggered $345 million in crypto liquidations, predominantly from short positions. Analysts anticipate near-term consolidation before capital rotates into specific altcoin sectors.
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