BTC, BNB Set New All-Time Highs, ZEC Explodes, and US Shutdown Drags On: Your Weekly Crypto Recap

It was another eventful week in the cryptocurrency markets, as two of the leaders managed to break into uncharted territory before staging a minor ￰0￱ first, let’s rewind the clocks to the previous week, which marked the beginning of October, often referred to as Uptober in the digital asset ￰1￱ had already recovered some of the mid-September losses, but only doubled down and surged to $120,000 for the first time since ￰2￱ Friday alone, it went from $120,000 to $124,000 but failed to break its all-time ￰3￱ happened over the weekend, which is somewhat surprising given the overall calmer behavior during those ￰4￱ Sunday morning, the cryptocurrency went on a run and shot to almost $126,000 to chart a fresh ￰5￱ an immediate rejection, the bulls went on the offensive once again on Monday and propelled BTC to a new record, this time of over $126,000.

What followed was another retracement, this time more painful and ￰6￱ dropped by over five grand in a few hours and slipped below $121,000. It tried to bounce off in the following days but was stopped at $124,000 and pushed south to under $120,000 on ￰7￱ of press time, it has reclaimed that round-numbered level and is up to $121,000. It’s worth noting that more volatility is expected in the following days due to the uncertainty prompted by the US government ￰8￱ now, though, the lack of any positive developments on that front has benefited certain ￰9￱ was not the only one to post a new record, as BNB did the same at well over $1,300 before it slipped to $1,250.

Still, it managed to surpass ￰10￱ is the other massive gainer weekly, having surged by 60%. It marked a four-year peak earlier today at $280 before it stalled at $240. Market Data Weekly Market Overview:) | ETH: $4,325 (-3%) | XRP: $2.81 (-7%) This Week’s Crypto Headlines You Can’t Miss Altseason Calls Intensify as Crypto Market Cap Hits Record $4.4T. As the crypto market surged on Monday to fresh peaks and the total capitalization exceeded $4.4 trillion for the first time, the crowd got excited about the prospects of a new ￰11￱ Hayes: Bitcoin’s 4-Year Cycle Is Over, Endless Bull Run ￰12￱ of excitement for new records and regimes, Arthur Hayes believes the four-year cycle is dead.

Instead, he envisions a never-ending BTC bull run, while some analysts predicted massive price pumps of up to $400,000 per ￰13￱ Could Triple to $13,000 This Cycle If History Repeats, Analysts ￰14￱ there’s some for the Ethereum ￰15￱ the asset currently struggles well below $4,300 and is yet to break its ATH during this cycle, analysts are adamant that it will inevitably do so and peak beyond $10,000. Peter Schiff Predicts Bitcoin Crash as Gold Hits Record ￰16￱ there’s also the opposite side, and who better to offer a doom-and-gloom scenario than Peter Schiff? The famous gold bug predicted another bitcoin crash, while his favorite asset class hit a new all-time high as well this week at over $4,000/oz.

Analyst Insights: Bitcoin Could Drop More as Dollar Rebound Tightens Global ￰17￱ are some more troubling forecasts for ￰18￱ US dollar, which has been losing ground for months, has rebounded in the past week or so, which could actually harm bitcoin’s price actions during this ￰19￱ Whales Offload $50M Daily: Sell Pressure Threatens Price Drop . Ripple’s native token has failed to maintain its momentum in the past week and closed with a 7% decline. What’s even more worrying is the fact that whales have been consistently selling off substantial portions of the asset on a daily ￰20￱ This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid – click here for the complete price analysis .