🚀 Latest Crypto Market News (Oct 8, 2025)
The crypto market cap hit $4.36T (+1%), but slid 3% in 24h, with BNB up 4.8% to $1,278.
Bitcoin: Topped $126,223 on Oct 5 (YTD +21.2%), now near $122K after cooling off. Despite short-term pullback, it posted its highest weekly close ever. Whales are buying, inflows declining, with Standard Chartered’s $200K target in play.
Institutional Moves: Crypto ETFs saw $5.95B inflows. BlackRock’s crypto holdings hit $102B (+262% ETH growth). Fidelity bought 1,570 BTC, while Tether added $1B BTC to reserves.
Regulation & Adoption: Tokenized stocks rise, SEC stalls ETF approvals amid shutdown fears. U.S. cleared tax-free BTC holding for firms; UK-U.S. exploring a crypto passport. Coinbase launched a $12K crypto UBI pilot and integrated 1inch API.
Volatility & Risks: Over $986M liquidations in recent days, with altcoins (XRP, ADA, DOGE) down 4-5%. Memecoins cooling, while utility tokens & ETH show recovery strength.
Other Updates: Chainlink adds 1,963 wallets (CCIP adoption). OpenSea evolving into full Web3 hub. Trust Wallet launches Stablecoin Earn. Injective launches pre-IPO futures. Meanwhile, a $21M heist hit SBI Japan, and DefiLlama delisted Aster data.
📊 Market remains volatile but institutional inflows and adoption trends suggest long-term strength.
