The global cryptocurrency market continues to show signs of renewed strength and investor confidence. According to CoinMarketCap, the total market capitalization of digital assets has climbed to $3.75 trillion, marking a 2.17% increase over the past 24 hours.
🚨Bitcoin Leads the Charge
#Bitcoin (BTC) maintained a bullish tone throughout the day, trading in a range between $108,686 and $111,522. As of 09:30 AM (UTC), BTC is changing hands at $111,435, representing a 1.85% daily gain. This steady upward momentum reinforces Bitcoin’s dominance in the broader crypto market, driven by strong institutional inflows and renewed investor sentiment.
🚨Altcoins Trade Mixed, Outperformers Shine
While most major cryptocurrencies by market capitalization traded mixed, several mid-cap coins delivered impressive gains.
#BEL🔥🔥🔥 surged 26%,
PROVE climbed 22%, and
APE advanced 18%, outperforming the broader market.
These standout performances reflect selective investor appetite for high-growth tokens amid improving market liquidity.
🚨Top Market Movers
The day’s major movers among the top assets show a generally positive trend:
$ETH : $3,968 (+2.06%)
$BNB : $1,132.97 (+2.44%)
XRP: $2.4607 (+2.07%)
Solana (SOL): $192.98 (+2.32%)
Dogecoin (DOGE): $0.19749 (+1.45%)
Tron (TRX): $0.3124 (–3.19%)
Cardano (ADA): $0.6522 (+1.91%)
Wrapped Bitcoin (WBTC): $111,389.16 (+1.80%)
WLFI: $0.1418 (+11.57%)
Chainlink (LINK): $17.74 (+1.37%)
Despite a few laggards, the overall trend remains bullish across top-tier assets, signaling continued market recovery.
🚨Top Stories of the Day
1. President Trump Highlights Stock Market Strength Amid Tariff Policies
U.S. President Donald Trump emphasized the resilience of American markets, noting strong equity performance despite ongoing tariff adjustments. This statement comes as investors balance optimism over corporate growth with uncertainty around global trade dynamics.
2. BTC and ETH Long Positions Surpass $200 Million
Futures data show that traders have accumulated over $200 million in long positions on Bitcoin and Ethereum, suggesting growing confidence in sustained upside momentum.
3. Funding Rates Normalize After Market Recovery
Following last week’s sharp rebound, cryptocurrency funding rates have returned to a neutral level, indicating that market participants are adopting a balanced stance after high volatility.
4. JPMorgan to Accept BTC and ETH as Collateral for Institutional Clients
In a landmark move for traditional finance integration, JPMorgan has begun accepting Bitcoin and Ethereum as collateral assets for institutional lending, signaling deepening acceptance of digital currencies in mainstream banking.
5. Silver and Gold Prices Decline Sharply
Traditional safe-haven assets—silver and gold—experienced notable sell-offs, reflecting a capital shift toward equities and digital assets amid a risk-on environment.
6. Perpetual DEX Volume Exceeds $1 Trillion in October
On-chain analytics revealed that decentralized perpetual exchanges have collectively processed over $1 trillion in trading volume this month, underscoring the sector’s explosive growth and increasing trader adoption.
7. Record Gold Inflows Surpass 14-Year Total, Crypto Sees Outflows
While precious metals attracted record inflows, the cryptocurrency sector saw mild short-term outflows—likely a result of profit-taking after strong rallies in the first half of October.
8. Federal Reserve Rate Cut Expected
CME Group data indicates that markets are pricing in a likely Fed rate cut in October, as policymakers aim to stabilize liquidity amid slowing inflation and economic uncertainty.
9. U.S. Inflation Data Key for December Policy Decision
Traders now await upcoming U.S. inflation figures, which could play a pivotal role in shaping the Federal Reserve’s December interest rate decision.
10. Crypto Mergers and Acquisitions Surpass $10 Billion in Q3
The digital asset industry continues to consolidate, with M&A activity exceeding $10 billion in the third quarter, highlighting a wave of strategic partnerships and institutional capital inflows.
🚨Market Outlook
The broader crypto market appears to be regaining its bullish footing, led by Bitcoin’s resilience above $110K and steady inflows into key altcoins like ETH, BNB, and SOL. Institutional adoption—highlighted by JPMorgan’s recent move—combined with improving macroeconomic conditions, could fuel further market expansion in Q4 2025.
🚨Summary:
Global Market Cap: $3.75T (+2.17%)
Bitcoin Price: $111,435 (+1.85%)
Top Gainers: BEL (+26%), PROVE (+22%), APE (+18%)
🚨Sentiment: Cautiously Bullish
As global markets align with easing monetary expectations and growing institutional confidence, the cryptocurrency sector continues to solidify its position as a leading asset class for both retail and professional Investors.
