📊 Crypto Market Update – 10/8/2025

• Market Capitalization: $3.94T (+2.04%/24h)

• BTC: $118,266 (+0.84%), fluctuating $116,360–$118,742.

• ETH: $4,218.98 (+0.73%), rising for 5 consecutive days, targeting $4,400.

• Top gainers on Binance: PROVE (+44%), OG (+36%), BIO (+28%).

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💰 Major Coin Prices

• XRP: $3.2086 (-3.79%)

• BNB: $801.91 (-0.93%)

• SOL: $180.46 (-0.70%)

• DOGE: $0.2335 (-1.59%)

• TRX: $0.3402 (+0.98%)

• ADA: $0.7987 (-1.43%)

• WBTC: $118,170.85 (+0.82%)

• LINK: $22.03 (+5.51%)

• XLM: $0.442 (-2.81%)

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🔥 Highlighted News & Impact

1. U.S. Monetary Policy

• Fed Governor supports interest rate cuts due to a weakening labor market → expectations of cheap money returning, supporting crypto.

2. Ethereum leads the altcoin wave

• ETH surpasses $4K and $4,200, targeting $4,400.

• ETH/BTC exchange rate rises for 5 days → early altseason signal, large-cap altcoins may break out as well.

3. XRP returns to the race

• Increases 10% after the Ripple–SEC lawsuit ends.

• XRP futures increase 200% in volume → strong buying pressure, price target $4.50.

4. Bitcoin attracts institutional capital

• Harvard Fund invests $116M in BlackRock's Bitcoin ETF.

• El Salvador passes Bitcoin banking law, promoting the use of BTC at the national level.

5. Macroeconomic factors & safe-haven assets

• U.S. public debt exceeds $37T, pressure on USD.

• Gold sets a new peak due to U.S. tariff shocks → BTC benefits as an inflation hedge.

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📌 Overview of the impact

• ETH and XRP are short-term focal points.

• BTC receives support from institutional money flow and macro news.

• Altseason may kick off if ETH maintains momentum and BTC stabilizes above $118K. #Write2Earn