The cryptocurrency market is down today; according to CoinMarketCap data, the total cryptocurrency market value fell by 3.3 per cent to $3.73 trillion. Meanwhile, with the 24-hour trading volume hovering around $192 billion, the decline in major cryptocurrencies indicates a decrease in market activity.
Crypto Winners and Losers At the time of writing, eight of the top ten cryptocurrencies by market capitalisation have lost value in the last 24 hours. Bitcoin (BTC) is trading at $108,112, down 2.7%, and maintains a market capitalisation of over $2.18 trillion.
Ethereum (ETH) fell by 4.5% to $3,794, while BNB (BNB) dropped by 1.8% to $1,081. XRP (XRP) fell 6.4% to $2.46, and Solana (SOL) lost 5.1% to $185. Dogecoin (DOGE) fell 5.6% to $0.1815. Despite the overall market decline, several altcoins recorded impressive gains: Aurora (AURORA) jumped 65.1% to $0.08555. Jelly-My-Jelly (JMJ) and Anvil (ANVL) rose 50.6% and 44.0%, respectively. Conversely, PepeNode (PNODE) and BlockchainFX (BFX), despite falling by 32% and 12.8% respectively, remained at the top of the trending tokens list, demonstrating strong retail interest amid market volatility. Meanwhile, Swiss-based asset manager 21Shares has filed an application with the US Securities and Exchange Commission (SEC) to launch a Hyperliquid (HYPE) Exchange-Traded Fund (ETF), amid growing institutional appetite for altcoin-linked investment products.
Artificial Intelligence Grok's Bitcoin Price Prediction: It Could Reach This Level by 2025!
Bitcoin has recorded a 2.5% decline over the past 24 hours and is currently trading around $110,000. The market value of Bitcoin, the leading cryptocurrency, stands at $2.19 trillion, while its daily trading volume exceeds $72 billion. Although Bitcoin started October with strong momentum before retreating, X's artificial intelligence model Grok has made a noteworthy prediction about Bitcoin's price. Grok predicts that factors such as institutional investor interest, decreasing supply, and its role as a store of value will drive Bitcoin to reach $200,000 by the end of 2025.
Artificial intelligence stated that its predictions are based on data such as capital inflows and supply-demand trends. Key factors highlighted by Grok: • Institutional capital inflows through ETFs. • Bitcoin's supply being limited to 21 million coins and the number of coins in circulation being approximately 19.9 million. • Increased demand from countries and institutions that view Bitcoin as a hedge against inflation. Latest Situation in Bitcoin (BTC/USD): Trend Support Maintained From a technical perspective, BTC/USD fell from the double top resistance at $117,700 to $110,000, where it appears to be consolidating. Additionally, a descending wedge formation is taking shape on the Bitcoin chart. This formation is generally considered a positive sign.
The 0.382 Fibonacci retracement level around $112,260 stands out as a significant level, while the RSI's bounce from 37 indicates increased buying pressure. If Bitcoin rises above $114,950, it could climb towards $120,000. If the $108,900 level is not maintained, the $106,000 and $103,500 support zones could be retested. Could Bitcoin Reach $200,000 by 2025? Although the $200,000 prediction seems very ambitious, factors such as institutional investor demand, reduced supply after halving, and macroeconomic uncertainty could enable Bitcoin to reach this level.
Claude AI's Bold Crypto Prediction: XRP, Cardano, and Litecoin Could Reach This Level in November!
Anthropic's artificial intelligence Claude AI has released an ambitious market forecast for November. According to this forecast, Litecoin, Cardano, and XRP could see significant gains before the new year. Claude AI predicts that November will mark the beginning of Altseason (Altcoin Season) due to recent ETF launches and expectations of interest rate cuts. October's much-hyped “Uptober” rally ended shortly after President Donald Trump announced 100% additional tariffs on Chinese imports. However, with the launch of Solana, Litecoin, and Hedera ETFs in the US yesterday, and following the Fed's interest rate cut announcement, Claude predicts the market will gain upward momentum.
Litecoin (LTC): The Veteran of the Crypto World is Ready for a Major Breakout
Litecoin (LTC), launched in 2011 by former Google engineer Charlie Lee, was built as a faster and cheaper fork of Bitcoin. While Bitcoin is often called “digital gold,” Litecoin earned the nickname “digital silver.” With a block time of 2.5 minutes—a quarter of Bitcoin's processing time—Litecoin became a practical choice for daily peer-to-peer transfers.
According to Claude AI, Litecoin could climb to $142 by 2026, growing by approximately 50% from its current valuation of around $99. Litecoin maintained its strong support zone around $100 even during the declines at the end of 2024 and beginning of 2025, continuously testing the resistance near $140.
The Fed cut interest rates by 25 basis points, and tensions between China and the US eased. But the picture: $1.11 billion in liquidations. LONG positions were wiped out, even SHORT positions took a hit; market makers are showing no mercy. In crypto, only market makers who liquidate positions as soon as news hits are winning. Small investors and altcoin investors are always getting crushed...
🇺🇸U.S. Treasury Secretary Bessent: •The government shutdown has begun to impact the U.S. economy. •I believe our Fed chair nominee will be announced by Christmas. •I am quite optimistic about growth and inflation levels in 2026. •Employment growth will rebound very strongly. #bessent #economy
📊 VOOI Breaks Record. On October 28, reached a new all-time high (ATH) perpetual trading volume of $320 million daily. 🚀 The numbers clearly demonstrate VOOI's growth: 💥 $3.5 billion monthly perp volume 💧 $100 million+ weekly spot and swap volume These figures are not just a success; they also showcase the strength of the community, the product, and the technology. No gas fees, no bridges, no delays—just true cross-chain transaction freedom. 🔗⚡ VOOI is no longer just a DEX; it's becoming the transaction infrastructure of the DeFi world. The future is here. 🌐
The decline in the cryptocurrency market has deepened! #Ethereum fell to $3,800, while #Bitcoin fell to $108,000. Over the past 24 hours, $1 billion in liquidations occurred in the cryptocurrency market.
Donald Trump: Biden is a criminal and should be in jail. He is a complete failure and a despicable person. He is ugly inside and out. Goldman Sachs CEO Solomon: We must strive for central bank independence. The Goldman Sachs CEO stated that this situation is unfortunate, as it is with government shutdowns. Goldman Sachs CEO says the economy is in pretty good shape. Markets are still pricing in too many Fed rate cuts, says SOCGEN. It notes that despite Chairman Powell's warning that a December cut is not guaranteed, markets are expecting too many rate cuts. The last two cuts were aimed at countering labor market weakness, but the economy is still... The Goldman Sachs CEO does not currently see anything threatening the dollar's status as a reserve currency. $BTC #DonaldTrump
$Bitcoin surpassed $118,000 on Thursday, triggering a rally across the crypto market. Investors are now wondering whether the current rise will continue.
Bitcoin, the leading cryptocurrency, gained 4% in the last 24 hours to $118,856.
The market-wide rise allowed the total value of the crypto market to reach $4.17 trillion, up 4.6%. Ethereum rose 6.1% to $4,385, while XRP rose 5.6% to $2.97.
This market rally has raised expectations for strong price gains in October. So why are Bitcoin and altcoins rising?
Investors Turn to Digital Assets as US Government Shutdown, Uncertainty Rises The market rebound comes a week after heavy liquidations and selling pressure sent prices plummeting. Analysts believe that whale purchases triggered the rise.
Meanwhile, the government shut down in the US for the first time in six years. The reason for the shutdown is the failure of US President Donald Trump's Republican Party to reach an agreement with the opposition Democrats on the budget. At 00:01 local time in Washington on Wednesday, October 1, the shutdown officially began. Economic data, including employment reports, are expected to be delayed due to the shutdown.
AI Won’t ‘Kill’ Bitcoin Mining – It Might Reprice It
Since the latest Bitcoin halving cut block rewards in half, compressing revenues across the mining sector, large operators have been searching for ways to stabilize income streams.
Increasingly, they are leasing their energy footprints to artificial intelligence and high-performance computing clients. The model is not speculative; it is already being written into multiyear contracts.
In September, Cipher Mining signed a 168-megawatt agreement with Fluidstack, an AI cloud provider. The deal runs for ten years and is valued at $3 billion. Google provided financing support worth $1.4 billion and also acquired a 5% equity stake in Cipher.
The arrangement allows Cipher to maintain ownership of its facilities while converting part of its power allocation into contracted AI revenue. #BTC