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Bitcoin’s fresh record carries a firepower for bulls with a caveat: Crypto Daybook Americas

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By Omkar Godbole (at all times and unless indicated otherwise)

Big Weekend Buzz: Bitcoin Btc$124,195.13 shot up to recording highsAnd its dominance rate is also checked, which signifies fresh bias toward top cryptocurrency.

But the headline is not just about crypto – Japan’s new prime minister is open to support “Abenomics“Is a bigger deal. It means the three largest economies in the world – the US, China, and Japan – all of which today are leaning against the rules. That’s a strong tail for prices of ownership across the board.

If that is not enough to provoke the excitement, the on-chain data shows the whales slow down the spending of their coin. As Glassnode points out, “Holders who hold #BTC gather loudly, whale distribution is moderated, and smaller creatures remain neutral. These points in fresh demand structures are emerging despite the ongoing large seller of the holder.”

Combine everything, and this is a relatively strong rebuttal in fear that Bitcoin is on the brink of a one -year bear market, consistent with the so -called four -year stopping cycles.

Remember, previous bear markets have been sparked by counterparts. Is there a pag -loom today? I’ll leave it to you.

Moving gears to the Altcoins, Timothy Misir, head of research on the BRN, noted that “ether wealth now possesses more circulating -shifted token supply compared to the wealth of Bitcoin. The market is considered and the capital is intentionally.”

In the face of investment, digital asset products recorded a record of $ 5.95 billion of flow last week, according to Coinhares data – That’s the biggest weekly flow.

Looking at the individual tokens, Tron’s TRX aims to break above the 50-day SMA, building at Wednesday rally, which is strengthened by the activity on the newly launched Sunperp platform. Meanwhile, the LDO’s LDO token, which moved 7% late last week, lost the vapor over the weekend and slipped 3% in the last 24 hours. Noteworthy, on Friday, Vaneck registered a confidence for an ETF tied to Lido Staked Ethereum.

Meanwhile, tokenomics issued a warning About some major single unlocking in advance – over $ 5 million each for tokens such as APT, ATH, Linea, Babay, BB, Home, IO, and Move – that entrepreneurs may want to watch closely.

In the traditional markets, Japanese Yen slipped against the US dollar even though the Nikkei Index struck the highs record. Meanwhile, the S&P 500 futures rose 0.12% despite the US government’s ongoing closure.

Stay alert!

What to watch

For a more comprehensive list of events this week, see CoinDesk’s “Crypto’s early weeks“.

Crypto
Macro
We are (Estimates based on factset data)

Events with the token

For a more comprehensive list of events this week, see CoinDesk’s “Crypto’s early weeks“.

Votes and Management Calls
Unlocks
Launching a token
- October 6: Everlyn Ai (Lyn) listed in Binance Alpha, Bingx, Mexc, and more.

Conference

For a more comprehensive list of events this week, see CoinDesk’s “Crypto’s early weeks“.

Token talk

By Oliver Knight

The Altcoins were exchanged with a muttered fashion on Monday following a weekend -change; Many tokens including Pump, ENA, close and XMR have lost more than 5% in the past 24 hours while ZEC, BNB and MNT have posted moderate acquisitions.
The average relative -child index index (RSI) is at 52.17 from 100 as it exits excess territory and edges in the neutral zone, according to CoinMarketCap.
As the Altcoin market begins to combine, Bitcoin dominance Rose of 0.16% On Monday while entrepreneurs changed haka -haaka tokens for the industry’s largest cryptocurrency, which was in the cusp of a breakout to record the highs.
One of the market outliers from last week was the Aster, the token tied to its ongoing change of name. Aster collapsed on the weekend in the middle Wash the allegations with trading But since the recovery after the IT is listed for trading in Binance.
Another token in the latter spotlight is the plasma (XPL). Stablecoin-dedicated blockchain rides negative emotions around team token sales, rising from $ 0.85 to $ 0.94 on Sunday before repairing nearly $ 0.88 on Monday.

Derivatives positioning

Bitcoin’s weekend’s weekend to record highs is accompanied by an open interest upbringing with those who are constantly listed in major exchanges, with funding rates rising to the highest levels since mid-August. Ether Oi, however, has been held flat, keeping the downtrend since late August.
On a 24 -hour basis, the OI in the main tokens, which does not include BNB and XRP, will hold the flat negatively. BNB’s OI has increased by more than 10%, pointing to the continued flow of capital in the market.
The XRP’s Oi almost hit 3 billion XRP marks for the first time since July.
A concerned sign: Except for BNB, MNT, CRO, and TRX, other top 30 tokens have seen a negative combined -Delta volume in the past 24 hours. That is a sign of net selling pressure on the market.
In CME, BTC October Futures (Standard Contract) is exchanged with a positive note, which draws clues from the bullish spots price action over the weekend. The contract, however, has not yet reached its climax of nearly $ 125,955, hit by August 15.
In the derivit, pricing for BTC options has suggested a 3% price swing during the week. Despite the BTC hitting new highs, only short -term options have shown a bias for calls, while those from October 17 maintain a moderate bias. ETH risk returns showed a similar mood.

Movements in the market

BTC reached 1.27% from 4 pm et Friday at $ 124,092.00 (24hrs: +0.85%)
ETH is up to 0.66% at $ 4,567.54 (24hrs: +0.5%)
CoinDesk 20 is up to 0.17% to 4,346.29 (24hrs: +0.24%)
Ether CESR Composite Staking Rate drops 6 bps to 2.82%
BTC funding rate is at -0.0043% (-4.7495% annualized) in Kucoin

DXY reached 0.72% to 98.43
Gold futures reached 1.38% to $ 3,962.90
Silver futures reached 0.97% to $ 48.43
Nikkei 225 closed 4.75% to 47,944.76
Hang Seng closed 0.67% to 26,957.77
FTSE drops 0.11% to 9,480.56
Euro Stoxx 50 dropped 0.36% to 5,631.27
DJIA closed on Friday to 0.51% to 46,758.28
S&P 500 closed 0.01% to 6,715.79
The Nasdaq Composite closed 0.28% to 22,780.51
The S&P/TSX Composite closed 1.03% to 30,471.68
S&P 40 Latin America closed 0.3% to 2,902.44
The US 10-year Treasury Rate has climbed 2.9 bps to 4.148%
E-Mini S&P 500 futures are up to 0.36% to 6,788.50
E-Mini Nasdaq-100 Futures reached 0.57% to 25,135.00
E-Mini Dow Jones Industrial Average Index is up to 0.19% to 47,119.00

Bitcoin stats

BTC Dominance: 59.09% (-0.36%)
Ether in bitcoin ratio: 0.03684 (0.77%)
Hashrate (seven-day average move): 1,032
HASHPRICE (spot): $ 51.87
Total Fees: 2.69 BTC / $ 332,446
CME FUTURES Open Interest: 144,550 BTC
BTC is priced at gold: 31.6 oz
BTC vs Gold Market Cap: 8.93%

Technical analysis

Volmex's Bitcoin indicates Volatility Index's (BVIV) daily chart in Candlestick format. (CoinDesk) — Volmex’s Bitcoin indicates Volatility Index, BVIV (CoinDesk)

The chart shows Volmex’s Bitcoin indicated by the Volatility Index, BVIV, which represents expectations for price disturbance within four weeks.
The index remains in a downtrend, which walks near the annual 40%, which is significantly lower than the 73% followed when the BTC first destroyed above $ 100K late last year.
The lower volatility of market signals and growing acclimatization in six price figures.

Crypto equities

Coinbase Global (coin): closed on Monday at $ 380.02 ( +2.14%), +2.36% at $ 388.98 in pre-market
Circle Internet (CRCL): closed at $ 145.78 (-2.63%), +4.9% at $ 152.93
Galaxy Digital (GLXY): closed at $ 36.16 (-0.99%), +4.04% at $ 37.62
Bullish (BLSH): closed to $ 64.81 (-4.56%), +2.45% to $ 66.40
Mara Holdings (Mara): closed at $ 18.82 ( +0.16%), +3.51% at $ 19.48
Riot Platform (Riot): Closed at $ 19.44 ( +0.99%), +3.96% at $ 20.21
Core Scientific (Corz): closed to $ 17.82 (-1.55%), unchanged pre-market
CleansPark (CLSK): closed at $ 15.94 ( +5.28%), +3.45% at $ 16.49
Coinshares Valkyrie Bitcoin Miners ETF (WGMI): Closed to $ 48.19 ( +3.66%), +5.17% at $ 50.68
Exodo Movement (Exod): Closed at $ 30.06 (-2.59%), +1.36% at $ 30.47

Crypto treasury companies