Bitcoin Kicks Off 'Uptober' With Break Above $116K as Crypto Equities Surge Pre-Market
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Bitcoin and ether rally on the first day of October alongside record gold prices, boosting pre-market gains for U.S. crypto stocks.
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Bitcoin and ether rally on the first day of October alongside record gold prices, boosting pre-market gains for U.S. crypto stocks.
Your day-ahead look for Oct. 1, 2025
[Data: Over $760 million in assets bridged to Solana in September, including $420 million from Ethereum] Odaily Planet Daily reported that SolanaFloor stated over $760 million in assets were bridged to Solana from other chains in September, with more than $420 million coming from Ethereum alone.
The large transactions in the past 12 hours show that the main funds are clearly inclined towards buying, with a net inflow of $36.19 million and a high buy to sell ratio of 2.69:1, indicating a significant long trend. Especially in the 2-hour cycle K-line, the latest large market buy order reached $2.38 million, further confirming the continuity of capital inflows. Based on the candlestick pattern, the current price is above the EMA24/52 moving average, indicating a strong upward trend and a resonance between the main behavior and technical indicators. However, caution should be exercised that RSI has entered the overbought zone and there may be short-term downward pressure. At this moment, the large transaction indicator will become a key tool for judging whether the main force continues to push up. Be the first to open a membership, track the main trends, and seize the opportunity of BTC's ups and downs! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.
[CryptoQuant + Ethereum + Activity + All-Time High] Data shows that Ethereum network activity has reached 1.6-1.7 million, setting a new all-time high. This indicates a significant increase in user engagement and transaction activity within the Ethereum ecosystem, potentially reflecting sustained demand and interest in Ethereum from the market. Analysts believe this trend may further drive the value growth of the Ethereum network. Source: (CryptoQuant)
**[Zoltan Pozsar: The Global Economy is Accelerating Decentralization, Gold Remains the Preferred Safe-Haven Asset]** At the Token 2049 event in 2025, renowned analyst Zoltan Pozsar stated that the global economy is accelerating its transition toward decentralization, with the world gradually splitting into two major blocs: the "Western Federation" and the "Eastern Federation." He pointed out that the United States is shifting from a traditional "consumption hub" to a "production hub," a trend that is weakening the U.S. dollar's dominance in the global economy. Pozsar also analyzed current economic risks: Europe is struggling due to insufficient investment in infrastructure and defense; Japan and South Korea are facing increased economic pressure from U.S. high interest rates and trade policies; and emerging markets are grappling with long-term risks of high inflation, currency depreciation, and capital outflows. Against this backdrop, while the U.S. dollar may benefit in the short term from the expansion of stablecoins and cost-sharing among allies, its long-term status could face challenges. In terms of investment advice, he emphasized that gold is the preferred safe-haven asset, as declining trust in fiat currencies is driving gold prices higher. While Bitcoin has attributes as an alternative savings tool, its price volatility and regulatory risks make it unlikely to become a mainstream savings instrument. He also warned that U.S. Treasury bonds may face long-term risks of declining purchase interest from allies.