“Crypto Prices Were Down Sizably on Tuesday But Bounced Off of Their Worst Levels.”, – WRITE: www.coindesk.com
Bitcoin BTC$ 113.161.33 Traded As Low As $ 109.800 Durying The Early USSESDAY AFTER TUMBLING FROM NEARLY The $ 116,000 Level Overnight. IT’s Since Bounced to $ 112.600, Down 2.8% Over The Past 24 Hours .. Ether Eth$ 4,123.88 Declined 4%, While Bnb, Xrp and Dogecoin Droped Between 4% and 6% During the Same Period. The Broad-Market Coindesk 20 Index Fell 3.2%.
PRICES FOUND SOME FOOTING AFTER FED CAIR JEROME POWELL SAID The Central Bank is Nearing the End of Its Quantitative Tightling (QT) Cycle – The Process of Shrinking ITS BONDINGS HOLDINGS. He Also Noted that Labor Market is Cooling and Rising Risks to Employment, Coupled with Some Signs of Tightling in Money Markets. The Comments Add to Another Likely Rate Cut Later This Month.
US EQUITY INDEXES Responded Sharply, with The Nasdaq and S&P 500 Reversing Early Losses to Briefly Turn Green Before Closing with 0.75% Loss and 0.15% Loss, Respectvely.
At least a portion of the day’s bounce in both crypto and stocks was erased in a few minutes late in the session after President Trump took to Truth Social to suggest blocking cooking oil imports from China unless that country steps up ITS Buying of Soybeans.
Mines Continue to Be BidCrypto Mining Stocks Again Led Digital Asset Equities As Investors Continue to Bet that Booming Computing Power Demand from Artificial Intelligence (AI) WILL BENEFIT THIRMS. Bitfarms (Bitf), Cleanspark (CLSK), Iren (Iren), Marathon Digital (Mara) and Terawulf (Wulf) Each Surged 10% on the Day.
Massive Leverage Flush Favors Bitcoin Accumulation
WHILE The REBOUND FROM LAST WEEK’s FLASH CRASH LOST MOMENTUM ON TUESDAY, VETLE LUNDE, Head of Research at K33, SEES The CURRENT DIOR DIOR AS A CONSTRUCTIVE SETUP WITHCOIN BITCOIN BITCOIN BITCOIN reset.
“After The Recent Leverage Purge, We Turn Constructiely Bullish on Btc, Thought Patience Remains Key,” Lunde Wrote in a Tuesday Note. He Noted that Liquidity is Likely to Stay Thin in the Short Term As Traders Recover from Forced Selling But ArGUED that Prior Unwinds of this Kind Onthen Marked Market Bottoms.
Price Deviation Between Binance’s BTC Perpetual Swaps and Coinbase Spot Prices K33)
“We Finally See Current Levels As Attractive for Increasing Spot Btc Exposure, As Leverage Has Violently Been Cleed,” He Said. “Combined with A Support Backdrop, Including Expansionary Policy Expectations, High Institutional Demand, and PENDING ETF CATALYSTS, The Setup Favors Gradual Accumulation.
Combined Spot and Derivatives Volumes Fell 17.5% in September, Continuing A Four-Year Seasonal Trend
- Trading Activity Falls 17.5% In September Slowdown: Combined Spot and Derivatives Volumes Droped to $ 8.12 Trillion, Marking The FIRST DECLINE AFTER THREE MONHS OF GROWTH. September Has Now Seen Reduced Trading Volume for the Fourth Consuctive Year.
- Open Interest Reaches Record High Despite Derivatives Market Share Decline: Total Open Interest Surged 3.2% to $ 204 Billion and Peaked at An All-Time High of $ 230 Billion During the MONTH.
- Altcoins on cme Outperform as Bitcoin and Ether Futures Decline: While CME’s Total Derivatives Volume Stayed Flat at $ 287 Billion (-0.08%), Sol Futures Jumped 57.1% to $ 13.5 Billion and Xrp Futures Rose 7.19% to $ 7.84. BTC and Eth Futures Fell 4.05% and 17.9% Respectvely.
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Ark Invest Has Reportedly Taken A 11.5% SOLMATE (SLMT) STAKE WHILE The COMPANY SAID IT BOUGHT $ 50 Million Discounted Sol From Solana Foundation.
- Solmate (Slmt) Says A Scherdule 13G Filing Shows Ark Invest OWNS Approximately 11.5% of the Shares As of Sept. 30, 2025.
- The Company Also Says It Boughht $ 50 Million Wrth of Sol from the Solana Foundation at A 15% Discount.
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