Bitcoin's ATH Brings Firepower for Bulls With One Caveat: Crypto Daybook Americas

By Omkar Godbole (All times ET unless indicated otherwise) Big weekend buzz: Bitcoin (BTC) shot up to record highs , and its dominance rate ticked up too, signaling fresh bias toward the top ￰0￱ the headline wasn’t just about crypto — Japan’s new prime minister openly backing " Abenomics " was an even bigger ￰1￱ means the world’s three largest economies — the U. S., China, and Japan — are now all leaning toward easing policies. That’s a strong tailwind for asset prices across the ￰2￱ that’s not enough to stir excitement, on-chain data shows whales are slowing their coin ￰3￱ Glassnode points out, “Mid-sized #BTC holders are accumulating strongly, whale distribution has moderated, and smaller entities remain ￰4￱ points to fresh structural demand emerging despite continued large holder selling.” Put all that together, and it’s a pretty strong rebuttal to fears that bitcoin is on the brink of a year-long bear market, consistent with the so-called four year halving ￰5￱ in mind, previous bear markets were sparked by counterparty ￰6￱ there one looming now?

I’ll leave that for you to ￰7￱ gears to altcoins, Timothy Misir, head of research at BRN, noted that “ether treasuries now own more circulating supply of the token versus bitcoin ￰8￱ market is maturing and capital rotation is deliberate.” On the investment front, digital asset products recorded a record $5.95 billion of inflows last week, according to CoinShares data — that’s the biggest weekly inflow ￰9￱ at individual tokens, Tron’s TRX aimed to break above its 50-day SMA, building on Wednesday’s rally, boosted by activity on the newly launched SunPerp platform. Meanwhile, Lido’s LDO token, which surged 7% late last week, lost steam over the weekend and slid 3% in the last 24 hours.

Notably, on Friday, VanEck registered a statutory trust for an ETF tied to Lido Staked Ethereum. Meanwhile, Tokenomics issued a warning about some major single unlocks ahead — over $5 million each for tokens like APT, ATH, LINEA, BABAY, BB, HOME, IO, and MOVE — which traders may want to watch ￰10￱ the traditional markets, the Japanese yen slipped against the ￰11￱ even as Japan’s Nikkei index hit record highs. Meanwhile, S&P 500 futures inched up 0.12% despite the ongoing ￰12￱ ￰13￱ alert! What to Watch For a more comprehensive list of events this week, see CoinDesk's " Crypto Week Ahead ".

Crypto Oct. 6: Cronos (CRO) is discontinuing CronoScan in favor of Cronos Explorer. Oct. 6, 4 a. m.: The Floki (FLOKI) team is hosting its monthly AMA on ￰14￱ Nothing ￰15￱ (Estimates based on FactSet data) Nothing ￰16￱ Events For a more comprehensive list of events this week, see CoinDesk's " Crypto Week Ahead ". Governance votes & calls Compound DAO is currently holding a non-binding "temperature check" vote on a proposal to deprecate Compound ￰17￱ ends ￰18￱ No major ￰19￱ Launches Oct. 6: Everlyn AI (LYN) to be listed on Binance Alpha, BingX, MEXC, and ￰20￱ For a more comprehensive list of events this week, see CoinDesk's " Crypto Week Ahead ".

Oct. 6: Capital Pioneer's Digital Assets Summit 2025 (London) Day 1 of 2: London Fintech Summit Token Talk By Oliver Knight Altcoins traded in a muted fashion on Monday following a volatile weekend; several tokens including PUMP, ENA, NEAR and XMR lost more than 5% over the past 24 hours while ZEC, BNB and MNT posted modest ￰21￱ average relative strength index (RSI) is now at 52.17 out of 100 as it exits overbought territory and edges into the neutral zone, according to ￰22￱ the altcoin market begins to consolidate, bitcoin dominance rose by 0.16% on Monday as traders swap speculative tokens for the industry's largest cryptocurrency, which is on the cusp of a breakout to record ￰23￱ of the market outliers from the past week has been ASTER, the token tied to its namesake's perpetual ￰24￱ slumped over the weekend amid wash trading allegations but has since recovered after the it was listed for trading on ￰25￱ token in the spotlight of late has been plasma (XPL).

The stablecoin-focused blockchain fended off negative sentiment around founding team token sales, rising from $0.85 to $0.94 on Sunday before settling at around $0.88 on ￰26￱ Positioning Bitcoin's weekend rise to record highs was accompanied by an upswing in open interest in perpetuals listed on major exchanges, with funding rates rising to the highest level since ￰27￱ OI, however, held flat, maintaining the downtrend since late ￰28￱ a 24-hour basis, OI in major tokens, excluding BNB and XRP, has held flat to negative. BNB's OI has increased by over 10%, pointing to continued capital inflows into the market. XRP's OI nearly hit the 3 billion XRP mark for the first time since ￰29￱ worrying sign: Except BNB, MNT, CRO, and TRX, other top 30 tokens have seen a negative cumulative volume delta in the past 24 hours.

That's a sign of net selling pressure in the ￰30￱ the CME, BTC October futures (standard contract) traded on a positive note, taking cues from the bullish spot price action over the ￰31￱ contract, however, had yet to reach its peak of around $125,955, hit on August ￰32￱ Deribit, pricing for BTC options suggested a 3% price swing during the week ￰33￱ BTC hitting new highs, only short-term options showed a bias for calls, while those from Oct. 17 retained a moderate put ￰34￱ risk reversals displayed a similar ￰35￱ Movements BTC is up 1.27% from 4 ￰36￱ Friday at $124,092.00 (24hrs: +0.85%) ETH is up 0.66% at $4,567.54 (24hrs: +0.5%) CoinDesk 20 is up 0.17% at 4,346.29 (24hrs: +0.24%) Ether CESR Composite Staking Rate is down 6 bps at 2.82% BTC funding rate is at -0.0043% (-4.7495% annualized) on KuCoin DXY is up 0.72% at 98.43 Gold futures are up 1.38% at $3,962.90 Silver futures are up 0.97% at $48.43 Nikkei 225 closed up 4.75% at 47,944.76 Hang Seng closed down 0.67% at 26,957.77 FTSE is down 0.11% at 9,480.56 Euro Stoxx 50 is down 0.36% at 5,631.27 DJIA closed on Friday up 0.51% at 46,758.28 S&P 500 closed up 0.01% at 6,715.79 Nasdaq Composite closed down 0.28% at 22,780.51 S&P/TSX Composite closed up 1.03% at 30,471.68 S&P 40 Latin America closed up 0.3% at 2,902.44 U.

S. 10-Year Treasury rate is up 2.9 bps at 4.148% E-mini S&P 500 futures are up 0.36% at 6,788.50 E-mini Nasdaq-100 futures are up 0.57% at 25,135.00 E-mini Dow Jones Industrial Average Index are up 0.19% at 47,119.00 Bitcoin Stats BTC Dominance: 59.09% (-0.36%) Ether to bitcoin ratio: 0.03684 (0.77%) Hashrate (seven-day moving average): 1,032 Hashprice (spot): $51.87 Total Fees: 2.69 BTC / $332,446 CME Futures Open Interest: 144,550 BTC BTC priced in gold: 31.6 oz BTC vs gold market cap: 8.93% Technical Analysis The chart shows Volmex's bitcoin implied volatility index, BVIV, which represents expectations for price turbulence over four ￰37￱ index remains in a downtrend trend, hovering near annualized 40%, significantly lower than 73% observed when BTC first broke above $100K late last ￰38￱ lower volatility signals market maturation and growing acclimatization to six-figure ￰39￱ 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 at $64.81 (-4.56%), +2.45% at $66.40 MARA Holdings (MARA): closed at $18.82 (+0.16%), +3.51% at $19.48 Riot Platforms (RIOT): closed at $19.44 (+0.99%), +3.96% at $20.21 Core Scientific (CORZ): closed at $17.82 (-1.55%), unchanged in pre-market CleanSpark (CLSK): closed at $15.94 (+5.28%), +3.45% at $16.49 CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $48.19 (+3.66%), +5.17% at $50.68 Exodus Movement (EXOD): closed at $30.06 (-2.59%), +1.36% at $30.47 Crypto Treasury Companies Strategy (MSTR): closed at $351.63 (-0.2%), +2.51% at $360.47 Semler Scientific (SMLR): closed at $30.56 (-2.55%), +1.11% at $30.90 SharpLink Gaming (SBET): closed at $18.18 (+0.5%), +2.48% at $18.63 Upexi (UPXI): closed at $7.44 (+2.06%), +0.81% at $7.50 Lite Strategy (LITS): closed at $2.56 (-4.48%) ETF Flows Spot BTC ETFs Daily net flow: $985.1 million Cumulative net flows: $60.01 billion Total BTC holdings ~ 1.33 million Spot ETH ETFs Daily net flow: $233.5 million Cumulative net flows: $14.44 billion Total ETH holdings ~ 6.74 million): Prime Minister Takaichi Sanae’s pledge to revive aggressive fiscal and monetary easing has weakened the yen and lifted bitcoin and equities to record highs.

France’s Prime Minister Resigns Less Than a Month After Appointment (Financial Times): Sébastien Lecornu's exit followed threats from coalition allies and left-wing parties to block his government over French President Emmanuel Macron's pension reforms, reigniting France’s political turmoil and rattling ￰40￱ Threatened to Be a Third Inflation Shock for Europe, But Have Had Little Impact (The Wall Street Journal): Europe’s muted inflation response to ￰41￱ stems from governments’ decision not to retaliate, trade deals cushioning export losses, and a stronger euro offsetting import costs, ECB officials ￰42￱ Exchange Group to Bring Digital Assets Unit SDX In-House (Bloomberg): The swiss exchange operator is integrating SDX’s blockchain platform into its core exchange and post-trade divisions to unify custody, settlement and trading of regulated digital securities across its infrastructure.