🚀 Altcoins & Top Movers

Convex Finance (CVX) surged +12.3%, while Ethena (ENA) jumped nearly +11%—Ethena was honored as “Coin of the Day.”

Shiba Inu (SHIB) and Dogecoin (DOGE) both posted modest gains (SHIB +2.75%, DOGE +3.33%) amid reduced trading volume.

Injective (INJ), Avalanche (AVAX), Cardano (ADA), and Toncoin (TON) also saw healthy price upticks (3–7%), though volumes were sharply lower.

Market rotation favored PayFi and DeFi tokens, with Stellar (XLM) and Telcoin (TEL) leading recoveries.

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⚡ Macro & Institutional Developments

SEC’s Project Crypto and the GENIUS Act continue to underpin bullish institutional sentiment. BTC and ETH ETFs remain central to flows.

Syz Capital is reopening its BTC Alpha Fund (Oct 1), targeting another $200M+ in Bitcoin from institutional buyers.

Meanwhile, a new partnership between JPMorgan and Coinbase will allow Chase credit-card users to purchase crypto and redeem rewards as USDC starting fall 2025.

#BTCReserveStrategy #MarketRebound #ProjectCrypto #WhiteHouseDigitalAssetReport #BinanceHODLerTree