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With Donald Trump potentially interested in blocking labor market and unemployment data releases, it's critical to assess the Federal Reserve's position. Right now, the level of uncertainty is off the charts. In his recent speeches, Jerome Powell made it clear that rate decisions will depend on incoming economic data. However, the question remains: how will the FOMC make decisions if the data are not available? In my view, if the government shutdown doesn't end within a week or two, the Fed may choose not to adjust monetary policy at its October meeting as a precautionary measure. It's worth mentioning that despite a dovish sentiment within the FOMC, most policymakers lean toward a "moderately dovish" approach. If economic reports indicate continued weakening of the labor market or signs that inflation is slowing, then the Fed will be willing to implement as many rate cuts as necessary. However, if the employment market stabilizes and inflation continues to rise, the central bank may opt to maintain steady interest rates. Ironically, a continued slowdown in the job market may be to Trump's advantage, as it increases the chances of a policy easing. With no Non-Farm Payrolls or unemployment reports available—only the ADP report to rely on—worst-case assumptions may prevail. Perhaps that's exactly the scenario Trump is counting on. Still, I believe that in the absence of key economic data, the Fed will delay any policy moves altogether. Among FOMC members, only three currently support cutting rates based on signs of labor market weakness. The rest remain focused on inflation. The Committee is effectively split into two camps: one ignoring the rising inflation, and the other concerned only about inflation. It's important to remember that the Fed has a dual mandate—and both components are equally important. Austan Goolsbee, President of the Chicago Fed, believes that inflation won't resolve itself and that any easing of policy must be approached with extreme caution. Meanwhile, economist Stephen Miran suggests that the Fed should cut rates at every meeting until they reach around 2.5%. At this point, the "moderate doves" are winning out in terms of numbers. Wave Structure for EUR/USD: Based on the analysis, EUR/USD continues to build a bullish trend segment. Wave structure still heavily depends on news flow, Trump's decisions, and geopolitical dynamics within the White House. The current trend phase may extend all the way to the 1.2500 level. At present, a corrective wave 4 appears to be forming—or already completed. The bullish wave structure remains valid, and therefore, I am looking only for buying opportunities in the near term. By year-end, I expect EUR/USD to reach 1.2245, which corresponds to the 200.0% Fibonacci. Wave Structure for GBP/USD: The wave pattern for GBP/USD has evolved. We are still within an impulsive upward segment, but its internal structure has become unreadable. If wave 4 turns out to be a complex, three-wave formation, it will balance the structure—but it may also be significantly larger and longer than wave 2. In my opinion, the best reference level is 1.3341, which aligns with the 127.2% Fibonacci. Two failed breakouts of this level indicated that the market was poised for new buying opportunities. Price targets are still above the 1.3800 level. Core Principles of My Analysis: Wave structures should be simple and clear. Complex structures are hard to trade and are often subject to change.If there is no confidence in market direction, it's better to stay out altogether.You can never be 100% sure of directional moves. Don't forget to use stop-loss orders.Wave analysis can be (and should be) combined with other types of analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com

Dogecoin has shown signs of renewed momentum after reclaiming ground above $0.26 in the past 24 hours, but it hasn’t made a clean breakout yet. Nonetheless, crypto analysts are bullish on the meme coin, and a few of them have highlighted important support, resistance, and breakout levels. As it stands, Dogecoin path to $0.3 still holds merit, and its reaction here will determine how its price action plays out. Analysts Map Out Bullish Setups And Near-Term Targets The $0.30 level, in particular, stands out as the next critical threshold for Dogecoin: both as a psychological and technical marker that could open the door for a stronger rally if conquered. For instance, crypto analyst Ali Martinez observed that Dogecoin is currently trading within an ascending channel. This pattern holds merit as a bullish continuation, and according to the analyst, Dogecoin is still in the accumulation phase. The projection on the chart shows all that’s needed now is for a clean break above $0.3 for Dogecoin to enter into an expansion phase. Dogecoin 1W Price Chart: @ali_charts on X EtherNasyonaL, another crypto analyst, is more aggressive with Dogecoin. According to his projection, Dogecoin has now completed a successful retest after breaking above a descending trendline of lower highs. The most recent 3-day candlestick now shows Dogecoin forming a bullish candle above $0.25, and now the next step is a bullish leg to new all-time highs. Dogecoin 3D Price Chart: @EtherNasyonaL on X Dogecoin has been consolidating in a clear nine-month ascending triangle and is now approaching a key breakout point, according to a TradingView analysis. The pattern has been forming since early 2025 with rising support around $0.22 and a horizontal resistance zone between $0.28 and $0.30. Therefore, a confirmed breakout above $0.30 could send the Dogecoin price to between $0.38 and $0.40, matching the height of the formation and aligning with a prior resistance zone from earlier in the year. The breakout must come with a strong daily candle close above $0.30 and a clear volume surge, ideally two to three times higher than normal. Failure to hold above $0.30 or a drop below $0.22 would invalidate the bullish setup, but for now, Dogecoin’s structure suggests that a decisive move is close. Dogecoin 4H Price Chart: The Pythia On TradingView Early Signs Of Strength Dogecoin needs enough trading volume in order to complete this predicted move. The move needs to be backed by a noticeable surge in trading volume, ideally two to three times higher than the recent average. Dogecoin’s trading volume has spiked notably in the past 24 hours, coming to $2.5 billion across all exchanges. Furthermore, active addresses and transaction frequency have both increased over the last few trading hours. At the time of writing, Dogecoin is trading at $0.2644, up by 4.5% and 16.7% in the past 24 hours and seven days, respectively. Featured image from Pixabay, chart from TradingView

Bitcoin pushed to a fresh all-time high on Sunday, trading above $125,000 in Asian hours as markets extended gains into October. According to reports, the token rose about 2.7% to roughly $125,245 on the day, topping its prior August peak near $124,480. Institutional Flows And Political Signals Based on reports, a large wave of demand through US-listed spot Bitcoin ETFs has been a key fuel for the move, with weekly net inflows into those funds reported at around $3.24 billion. Investors and traders also pointed to a weaker US dollar and broader equity strength as helping push prices higher. Some coverage tied the shift in sentiment to policy signals under US President Donald Trump, and to worries about a possible US government shutdown that nudged buyers toward alternative stores of value. Traders See ‘Uptober’ Playing Out “Uptober” — a nickname for October’s often bullish stretch — has returned this year, and traders say technical breakouts after Bitcoin flipped $120,000 into support added momentum. Reports show BTC briefly climbed as high as $125,750 during early Asian trade before pulling back, a sign of fast buying followed by profit-taking in some venues. Liquidity Tightening On Exchanges Based on reports, the amount of Bitcoin kept on centralized exchanges has fallen, which reduces immediate sellable supply when buyers step in. That thinning supply, combined with fresh ETF demand, is a recipe for sharper moves in price when flows spike. Market watchers caution that such patterns can amplify both ups and downs. What Analysts And Traders Are Watching Options desks and chart watchers are flagging near-term resistance levels above current highs, while some technical scenarios point to larger targets in the months ahead — figures like $135,000 and even higher have been floated by certain market players, though those are projections rather than certainties. Volume and fund flows will likely determine whether the rally holds or cools. What Comes Next According to observers, this run matters because it has pushed Bitcoin back into the conversation alongside major asset classes, and, for a moment, the token’s market value ranked among the world’s largest, even overtaking Amazon on some measures. Still, volatility is high. Sharp reversals, policy shifts, or a sudden change in ETF flows could quickly alter the picture. Meanwhile, a mix of institutional buying, seasonal momentum, and macro factors helped lift Bitcoin to new highs. The rally has drawn fresh attention from investors, but it also comes with the familiar risks of big price swings. Markets will be watching flows, dollar moves, and any policy signals from Washington for clues on what comes next. Featured image from Pixabay, chart from TradingView

Whales are on the move again, and this time it aligns with one of the biggest ETF buying weeks of the year for Bitcoin and Ethereum. Both Spot Bitcoin and Ethereum ETFs returned to inflows last week, and data shows some whales addresses are also moving their crypto assets from exchanges and into self custody. On-chain tracker Lookonchain reported that newly created wallets have withdrawn massive amounts of Bitcoin and Ethereum from major exchanges, showing the large-scale accumulation by crypto whales. Massive Withdrawals From Crypto Exchanges According to data from SosoValue, Spot Bitcoin ETFs recorded $3.24 billion worth of inflows in the just-concluded week, reversing the $902.5 million outflows seen the previous week. Notably, this week’s inflow number is the largest weekly inflow on record for Spot Bitcoin ETFs this year. Spot Ethereum ETFs, on the other hand, saw $1.30 billion inflows last week, which is another drastic change from last week’s outflows of $795.56 million. However, this activity is not limited to Spot ETFs alone. Fresh wallet activity shows aggressive accumulation activity among whale addresses moving into self custody. In one instance, on-chain analytics tracker Lookonchain noted that a newly created wallet, identified as 0x982C, withdrew 26,029 ETH worth approximately $118 million from Kraken. Another newly created Bitcoin wallet, bc1qks, withdrew 620 BTC valued at $76 million from Binance. Both movements are large-scale repositioning of capital away from exchanges, and this is a sign that whales are expecting further price appreciation. Interestingly, Bitcoin exchange balances have fallen to their lowest level in five years. Almost 170,000 Bitcoin were removed from crypto exchanges in the last 30 days, with the most activity coming in the just concluded week. This has pushed the Bitcoin exchange balance below 2.85 million BTC for the first time since January 2021. Bitcoin Exchange Balance. Source: @btconexchanges on X Price Outlook For Bitcoin And Ethereum The combination of institutional inflows and whale accumulation has been already reflected in the price action of both Bitcoin and Ethereum. Bitcoin has surged past its previous record to hit a new all-time high of $125,506 within the last few hours, and is currently trading around $124,813. This is a drastic change from just a week ago, when Bitcoin broke below $110,000, which caused the Bitcoin Fear and Greed Index to crash to its lowest point since March. Ethereum has also turned bullish and is trading at $4,575 at the time of writing. Another good week of Spot ETF inflows and whale accumulation continuing at the current pace could cause Bitcoin to extend its rally throughout the week. This, in turn could see Bitcoin break $130,000 before the end of the new week. However, a brief cooldown isn’t off the table. Any pullback could cause Bitcoin to retest $120,000 before the next leg higher. Still on the bullish case, Ethereum’s price could also push to new all-time highs above $5,000 in the coming weeks. Featured image from Unsplash, chart from TradingView

Bitcoin price (BTC) climbed to a new all-time high overnight, reaching about $125,700 during Sunday’s Asia session before pulling back to the low $123,000 range. Market Cap 24h 7d 30d 1y All Time The rally extended an eight-day winning streak and came as spot ETF inflows surged alongside a weaker US dollar amid renewed concerns over a potential government shutdown. The move surpassed Bitcoin’s previous mid-August peak, marking another milestone in the asset’s strongest run since early 2024. Price action turned volatile near 12:45 a.m. ET, when BTC spiked to new highs before slipping a few thousand dollars. How Long Can Bitcoin’s Bullish Momentum Last Amid Rising Shorts? A major catalyst behind the move has been continued buying through US spot Bitcoin ETFs. CoinGlass data shows roughly $+985.10M in net inflows as of today, the second-largest since their January launch, coinciding with Bitcoin’s climb to fresh records. (Source: Coinglass) On-chain data support the bullish setup: exchange-held BTC has dropped to around 2.83 million coins, the lowest level in six years. Analysts believe that the decline in available supply can restrain selling, which will support the broader bearish trade story as investors hedge against a weaker dollar. Trader Skew noted on X that the rally might be “bait” for overconfident longs, observing that “passive shorts” are building near current highs, a sign that bearish bets are quietly stacking up despite the bullish headlines. In the short term, the question for Bitcoin is whether ETF inflows and macroeconomic tailwinds will be able to sustain the breakout or if the market will heat up into a new consolidation period. EXPLORE: Best Crypto To Buy in Q4 2025 Bitcoin Price Prediction: Will Bitcoin’s $118K Support Hold or Trigger a Deeper Correction? CoinGlass data indicated that traders were gearing up for higher volatility, and liquidity was being sucked out across the order book. (Source: Coinglass) Weekend trading tends to exaggerate price movements due to thinner volumes, making recent price swings less reliable as indicators of long-term direction. Analyst CrypNuevo highlighted the 50-period EMA on the four-hour chart now sitting just above $118,000 as a possible short-term support if Bitcoin’s pullback deepens. Bitbull even opined that the current cycle would reach a peak of up to $160,000 by November, as the market had not yet reached its maximum. In another analysis by Daan Crypto, a clear indicator of strength in Bitcoin on the weekly chart is the rebound of the Bull Market Support Band. Following a few weeks of consolidating around that area, BTC shot up over $124,000, affirming a rejuvenation of the larger uptrend. In the past, that band has usually been the beginning of big bull runs. The analyst indicated that the rebound out of this zone reinforces the bullish construction of Bitcoin. (Source: X) Without losing the support band, he added, the trend is still headed upwards as long as the buyers are in charge. DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025 The post Bitcoin Price Prediction: BTC Price Sets New All-Time High at $125.7K as ETF Inflows Surge appeared first on 99Bitcoins.

Bitcoin’s price gain in the last week has resulted in multiple other positive developments, ranging from a surge in ETF inflows to a bullish change in option trading calls, all signifying a renewed market confidence. In particular, over 99% of Bitcoin’s circulating supply is now held at an unrealized profit, a milestone that underscores the market’s strength. However, historical trends suggest that such conditions often precede a major price correction. Bitcoin May Be Headed For 10% Correction – Analyst In an X post on October 4, market analyst Ted Pillows shares an important cautionary insight on the present Bitcoin market. Using data from the on-chain analytics platform CryptoQuant, nearly 99.3% of all Bitcoin supply is now in profit following the asset’s bullish resurgence in the first week of October. Notably. With Bitcoin currently trading around $122,000, this milestone reflects the present overwhelming profitability of holders across the network. However, this is also a rare event that has historically preceded short-term market corrections. According to Pillows, the last three times Bitcoin’s “supply in profit” ratio climbed above 99%, the market experienced brief corrections ranging from 3% to 10%. These drawdowns may be seen as “cooling phases,” allowing overheated momentum to reset before prices resumed their upward trend. Interestingly, in a separate X post, a fellow analyst with the username Rekt Capital shares a similar viewpoint. In particular, Rekt Capital explains that Bitcoin’s rejection at its all-time high around $124,000 has been consistently followed by a 13% price pullback. Based on these analyses, Bitcoin prices could be in potential danger of slipping to between $106,000 – $109,000 before finding a potential support zone for the next leg upward. Bitcoin Price Outlook At the time of writing, Bitcoin trades at $122,246 after a price gain of 11.73% in the past seven days. Despite the strong cautionary predictions, historical data prove October to be a generally bullish trading month with an average gain of 21.89% and a median gain of 21.20%. Meanwhile, Coincodex analysts agree with the notion, while noting the presently high bullish sentiments, as the Fear & Greed Index climbs to 71, representing extreme greed. Looking at the short-term, these analysts expect Bitcoin to rise to $130,994 in the next five days but project an eventual retracement to around $126,535. However, they predict the premier cryptocurrency to reach a $140,009 target by the end of 2025. With a market cap of $2.43 trillion, Bitcoin remains the largest cryptocurrency with a market dominance of 58.4%.

The US government is said to be interested in buying a stake in Critical Metals (NASDAQ: CRML), part of the Trump administration’s broader strategy to expand its control over the world’s supply of critical minerals, Reuters reported on Friday. The deal, if finalized, would give Washington a direct interest in the Tanbreez project in southern Greenland, one of the largest rare earth deposits in the world. The Reuters report comes a day after Critical Metals more than doubled its interest in the project from 42% to 92.5%, effectively giving it near-control. The reported government interest follows a series of high-profile transactions Washington made to acquire stakes in companies with projects or mines that could become key suppliers of critical minerals to the US market. Last month, it bought a 5% stake in Lithium Americas (NYSE: LAC), whose flagship project in Nevada is slated to become the largest source of battery-grade lithium in the Western Hemisphere. Two months earlier, the US Department of Defence (now Department of War) purchased a $400 million or roughly 15% stake in MP Materials (NASDAQ: MP), the nation’s only rare earths producer. In Critical Metals’ case, it is one of “hundreds of companies” with critical minerals projects that have approached the government for investment, a Trump official said when requested for commentary by Reuters. One other source told Reuters that discussions have gone as long as six weeks involving the conversion of the company’s $50 million government grant, which it applied for in June, into stocks. This proposal, if accepted, would give Washington an approximate 8% stake in Critical Metals and its Tanbreeze rare earth project in southern Greenland. Any equity investment, according to Reuters, would be separate from the $120 million loan being lined up by the US Export-Import Bank, also announced in June. Reuters sources also said that the equity investment talks had been delayed due to the administration’s focus on the Lithium Americas deal. Shares of the company exploded during after-hours trading on the Reuters report, rising as much as 80% over its 52-week high of $9.89. The stock closed Friday’s session at $7.98 with a market capitalization of $786.9 million. Large rare earth project Based on company estimates, the Tanbreez deposit has at least 45 million tonnes in total resources, hosted within a massive kakortokite unit that has largely been underexplored to date. About a third of that resource is categorized as “heavy” rare earths used widely in high-performance applications such as clean energy and defense, and are more sought after than the more common “light” rare earths. According to Critical Metals, the Tanbreez rare earths were discovered in an orebody covering 8 km x 5 km, representing only 1% of the entire 4.7-billion-tonne host rock. Exploration is currently underway to further expand the resource in support of a bankable feasibility study. Earlier this year, the New York-headquartered miner released a preliminary economic assessment for the Tanbreeze project based on the current resource, showing a net present value (NPV) of approximately $3 billion (approximately $2.8 billion to $3.6 billion at discount rates of 15% and 12.5%, respectively, before tax), with an internal rate of return (IRR) of 180%. The report outlines a phased growth strategy for the Tanbreez project, with initial production of around 85,000 tonnes of rare earth oxides per annum, beginning as early as 2026, then scaled to 425,000 tonnes after modular expansion. The company previously said that the Tanbreez project would cost $290 million to bring into commercial production, with initial work to be funded by the EXIM loan. Greenland interest Due to its vast endowment of resources and critical minerals, Greenland has been the subject of US economic interest dating back to the Biden administration. US officials visited Nuuk as recently as last November as part of ongoing efforts to get private investment in the island’s mineral sector. According to Reuters, the Biden government successfully lobbied Tanbreez’s then-owner not to sell the project to a Chinese developer and instead sell it to Critical Metals for a cheaper price. Current President Donald Trump also made no secret of his desire to “own” the Danish territory. Earlier this year, Vice President JD Vance made a quick trip to Greenland to make Trump’s pitch. Despite growing interest, Greenland’s mining sector has seen little progress in recent years due to limited investor interest, bureaucratic challenges and environmental concerns. Currently, there are only two small mines in operation. As for Critical Metals, the company would still have to build a processing facility, and its representatives said their goal is to process the material inside the US.

According to veteran investor Pumpius, who says he has watched crypto since 2013, XRP may be poised for a sharp move higher. He outlines nine catalysts that he believes could push the price toward double digits, and even as high as $50, all within the next five months. ETF Approvals Could Unlock Institutional Flows Reports have disclosed that the SEC has sped up ETF reviews, and several crypto funds already list XRP, including Grayscale’s Multi-Asset Fund. Pumpius says a standalone XRP spot ETF is likely to arrive soon because deadlines are closing in. He argues that when ETFs go live, institutional money will pour in, raising liquidity and lifting prices quickly. Ripple’s Global Deals Add Use Case Pressure Ripple’s push into banking corridors is being pointed to as another engine for demand. Based on reports, the firm has deals with banks like BNY, SBI in Japan, and Santander. Pumpius says these partnerships create real-world need for liquidity, which could increase XRP use. The acquisition of Hidden Road, a prime broker, is also highlighted as a bridge to traditional finance that could make it easier for big players to access XRP liquidity pools. Legal Ruling Draws Clearer Lines According to Pumpius, the legal picture for XRP has improved after Ripple and the SEC dropped appeals and a court sided with XRP’s non-security status. He calls this legal clarity a major positive and claims XRP now stands on firmer ground than many peers in the US. That view is shared by several in the community, though some analysts remain cautious and ask for further regulatory signals before calling it settled. Technical Signs Point To A Compression Break Market structure is cited as a trigger. Reports say order book liquidity has tightened and price action shows compression. Pumpius likens it to a spring that could uncoil with volatility once big orders hit. A market technician called Egrag Crypto has drawn attention to what he calls the Chasm Line, a trendline that has marked tops in past cycles. Based on his chart work, XRP still sits well below that line even after rallying roughly 45% this year. Bitcoin’s recovery to about $122,000 is also being watched for its influence on alt momentum. XRP trades around $3.02 as of the latest reports.

Bitcoin (BTC) has maintained a strong bullish performance over the past seven days, with the price gaining by approximately 12%. The crypto market leader rose to near $124,000 before experiencing a slight retracement, which has now forced prices to $122,070. With the market maintaining a consolidation pattern, prominent analyst Ali Martinez has shared some important price insights based on the MVRV pricing bands. Holding Above $117k Could Propel BTC To $140k Next The MVRV (Market Value to Realized Value) metric measures how far Bitcoin’s market price deviates from its realized price, effectively assessing whether BTC is overvalued or undervalued relative to historical norms. The chart’s color-coded deviation bands visualize these extremes, with the +0.5σ ($117,644) band presently acting as an important threshold. In an X post on October 4, Maritnez explains the importance of this deviation band, stating that BTC’s ability to maintain price action above this mid-level band could precede large-scale bullish continuations. In contrast, the chart below suggests that a sustained price drop below the +0.5σ has often marked deeper corrections or mid-cycle resets. Notably, the upper red band, marked around $139,800 (+1σ), represents the next key resistance level and an area where traders are expected to start taking profits. However, a steady consolidation above +0.5σ is necessary to maintain bullish structural strength and provide the push for the next leg, which is expected to propel BTC beyond its current all-time high at $124,457. However, a price fall below this level could result in Bitcoin heading to the mean deviation band around $95,394. This would represent a 21.8% decline from present market prices and potentially the start of a bear market. Bitcoin Realized Price Steady At $54,000 As Market Remains Healthy In other news, Glassnode MVRV pricing bands data reveal that the current BTC realized price is set around $54,348. For context, this metric reflects the average price at which investors last moved their BTC, effectively serving as a psychological support during market corrections. Notably, the current gap between the spot price, around $122,000, and the realized price underscores a healthy bull phase, with most holders sitting on substantial unrealized gains. As long as the realized price continues to rise steadily, it reinforces the underlying strength of the market and signals long-term confidence in an upward trajectory. At press time, Bitcoin is valued at $122,197 following a 0.3% decline in the past day. In tandem, the daily trading volume is down by 55.52% representing a fall in trading activity.

Fed Faces Dilemma Ahead of October 29 FOMC Meeting Data Accuracy With the next Federal Reserve (FOMC) decision scheduled for October 29, policymakers are facing an unusual challenge: the government shutdown has delayed critical economic data, leaving the Fed “flying blind” just weeks before its next interest rate call. At the September meeting, the Fed cut rates by 25 basis points, and market pricing suggests traders expect another cut in October. But with a slowing labor market and persistent inflation pressures, the decision won’t be straightforward. What Is the Fed’s Dual Mandate? The Federal Reserve’s dual mandate, set by Congress, consists of two key goals: Maximizing Employment The Fed aims to create conditions that promote high levels of employment without destabilizing the economy. Chair Jerome Powell recently noted that monthly non-farm payrolls in the range of 0–50k would be consistent with a stable labor market. The current jobs picture may be described as “less hiring, less firing.” Maintaining Price Stability The second objective is keeping inflation stable, typically defined as 2% over the long run. The Fed’s preferred inflation gauge is the Personal Consumption Expenditures (PCE) index, which will be delayed if the government shutdown drags on. . Under normal conditions, the Fed often prioritizes inflation control over employment. However, with recent signs of job market weakness, officials appear to be shifting focus toward the employment side of their mandate. Data Accuracy Why the Fed Is “Flying Blind” The Fed’s policy decisions rely heavily on official government data, such as jobs, inflation, and consumer spending reports. If the shutdown continues for any length of time, it will interrupt these releases, making forecasts more uncertain, exacerbating a situation where the reliability of existing U.S. data is being questioned. This leaves both the Fed and financial markets in the dark: Policymakers lack clarity on the true state of the economy. Traders are hypersensitive to alternative indicators like PMIs, consumer sentiment surveys. Market Implications Normally, the Fed and markets would be weighing one side of the dual mandate more heavily than the other. Right now, the focus is on the cooling jobs market, but sticky inflation and tariff-related uncertainty complicate the outlook. Fed officials themselves appear divided: Some emphasize the need to support employment through rate cuts. Others warn that cutting rates too quickly could solidify inflation pressures. For global traders, this means heightened uncertainty. With fewer reliable signals, there could be outsized reactions to even small pieces of non-official data. As a result, volatility is likely to spike when official U.S. data releases eventually resume. Hooked on Headlines: Why Financial Markets Are Addicted to News Data Accuracy Will the Fed Cut Rates Again in October? If the shutdown continues and the data blackout persists, the Fed will likely cut rates ny another 25 bos, if only as an “insurance policy,” confirming widespread market expectations even without s government shitdown. This would allow policymakers to err on the side of supporting growth until a clearer picture emerges. Odds for a 25bps Fedc rate cut on October 29: 96/4 Surce: CME FedWatch Tool However, forward guidance, normally a key tool for managing market expectations, will be harder to provide. Without reliable data, Fed officials cannot project the economy’s path with confidence. For investors, this means more short-term swings and less certainty about the Fed’s long-term strategy. The Federal Reserve is entering its October 29 FOMC meeting under unusually difficult conditions. Its dual mandate to maximize employment and maintain stable prices is being tested at a time when the usual economic compass is unavailable. With the jobs market cooling, inflation still sticky, and official data delayed, the Fed’s next move could set the tone for global markets into year-end. Traders should brace for choppier conditions, sharper reactions to alternative data, and elevated volatility once government reports return. Data Accuracy USA Gov The post Fed Faces Dilemma Ahead of October 29 FOMC Meeting as Shutdown Delays Key Data appeared first on Forex Trading Forum.

According to the latest on-chain data, Bitcoin has been witnessing an interesting change in its holder behavior, further intensifying the bullish speculation in the market. Bitcoin UTXO Count Declines As Price Surges In a Quicktake post on CryptoQuant, market analyst CryptoOnchain revealed that long-term Bitcoin investors seem to be changing their investment strategy by increasingly holding on to their coins. This on-chain observation is based on the Bitcoin UTXO Count metric, which tracks the total number of individual unspent transaction outputs on the blockchain. For context, an unspent transaction output is an amount of a cryptocurrency (in this case, Bitcoin) that has been received by an address, but has not yet been used as input for a new transaction. CryptoOnchain shared that this on-chain metric has been on a steady decline since January 2025. In the post, the crypto analyst pointed out that the UTXO count recently reached about 166.6 million, the lowest point seen since April 2024. Since the Bitcoin UTXO reached a peak of approximately 187.5 million in January, it has witnessed a contraction of up to 11% — an event which CryptoOnchain interprets as a clear sign of network consolidation. Interestingly, this decline seen with unspent transaction output contrasts with Bitcoin’s price action. While the UTXO has maintained a steady bearish structure, Bitcoin’s value has continued to ascend. The flagship cryptocurrency saw a price growth from about $99,000 to its current market price of around $122,000. This “inverse relationship” is one that the online pundit explained to be a “classic hallmark of a maturing market.” Why The Decline And What To Expect A decreased UTXO count could be a result of several underlying factors, including that long-term holders are choosing to hold their coins rather than selling for profit. Owing to this “hodling” behavior, it can be said that the market is starting to gain maturity. Also, CryptoOnchain explained that low UTXOs could indicate reduced transactions within the Blockchain. By extension, this could mean that fewer sales are going on, which translates to reduced selling pressure on price. Also, a lower UTXO count points to increasing network efficiency. As users aggregate smaller UTXOs into larger ones, they optimize the blockchain space, leading potentially to a less congested network. Ultimately, the simultaneous decline in Bitcoin’s UTXO and its price increase paints an exciting picture for the cryptocurrency’s future. This combination signals that the premier cryptocurrency is at a reaccumulation phase, meaning that investors are strategically positioning themselves in expectation of the next significant upward move. As of this writing, the price of BTC stands at about $122,720, showing an over 1% growth in the past day.

Crypto news today is popping! Bitcoin (BTC) has broken its August ATH, and Ethereum (ETH) looks ready for a breakout! Whales are making moves, and the charts are heating up! Here’s the rundown. After nearly two months of grinding sideways action, with multiple price dips below $110k, .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Bitcoin BTC $123,167.22 0.55% Bitcoin BTC Price $123,167.22 0.55% /24h Volume in 24h $53.52B Price 7d “After that, we should see a new move up higher. Therefore, I’m still favouring longs over shorts from the 4h50EMA,” he added. EXPLORE: 20+ Next Crypto to Explode in 2025 The post [LIVE]Crypto News Today: BTC Creates $125,559 ATH, ETH Eyes $4,600 Resistance Zone appeared first on 99Bitcoins.

Here’s the latest crypto news as the weekend is showing us a mix of politics, price action, and institutional partnerships. The big three stories are that Washington won’t pass a budget until late next week, Binance broke ATHs, and .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Cardano ADA $0.8589 1.18% Cardano ADA Price $0.8589 1.18% /24h Volume in 24h $1.30B Price 7d The latest fight in Washington comes down to healthcare subsidies and spending. Republicans are accusing Democrats of padding benefits for undocumented immigrants; Democrats say they’re defending core programs. Federal workers are already missing paychecks. Do I still pay tariffs during a government shutdown? These are the real questions. The crypto angle is regulatory: with the SEC and CFTC stalled, approvals like Bitcoin ETFs risk being pushed back. DISCOVER: 20+ Next Crypto to Explode in 2025 BNB Blows Past $1,100 and Sets New Records. Can it Hit $2k Before 2026? Market Cap 24h 7d 30d 1y All Time BNB, the native token of Binance’s BNB Chain, has hit a new all-time high of $1,111.90, rising more than +7% in 24 hours and +17% for the week, according to CoinGecko data. Standard Chartered projects the token could peak near $1,275 by 2025, moving in tandem with Bitcoin’s broader rally. BNB Chain’s on-chain activity is also surging: (Source: DeFiLlama) BNB developers are also rolling out upgrades, including a new minimum gas fee of 0.05 gwei to cut costs and a roadmap for scaling to 20,000 TPS with 150-millisecond confirmations by 2026. DISCOVER: Top 20 Crypto to Buy in 2025 Cardano Gets a Credibility Boost from Google Cloud Market Cap 24h 7d 30d 1y All Time I don’t know anyone who has ever done a single transaction on Cardano. I haven’t seen it mentioned once on my X feed, and I follow about a thousand accounts from founders and devs to traders and shitposters. I can’t name a single dApp, token, wallet, website, organization, or project that has to do with Cardano. So, how does it have such a high market cap? All jokes aside – these are jokes, ADA fam. Don’t skewer me! – There are partnerships and the triumph of hope over reality for ADA. (Source: X) Google Cloud has begun staking ADA on the Cardano blockchain, marking a rare institutional boost for the network. Rewards for retail stakers remain the same, but institutional validators strengthen decentralization and signal legitimacy. With Google already running nodes for Tezos and other blockchain networks, its involvement lends Cardano further institutional credibility. That’s it for the weekend. EXPLORE: Government Shutdown Causes Crypto ETF Delay at SEC Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Here’s the latest crypto news as the weekend is showing us a mix of politics, price action, and institutional partnerships. Yesterday CNBC said that the government shutdown will likely increase the chances of another rate cut. The post Latest Crypto News: U.S. Shutdown, BNB ATH, and Cardano’s Google Cloud Bet appeared first on 99Bitcoins.

Crypto adoption is surging in Japan, and newer players are locking in. Nomura Holdings, Japan’s largest investment bank and brokerage firm, is looking to expand its role in Japan’s growing crypto market. Its wholly owned crypto subsidiary, Laser Digital, is now working with Japan’s Financial Services Agency (FSA) to get approval for offering crypto trading services to big investors in the country. An article by Bloomberg, dated 3 October 2025, highlighted Laser Digital CEO, Jez Mohideen’s comment that the application underscores Nomura’s strong belief in Japan’s digital asset space and its long-term potential. Japan’s crypto market has been on a tear this entire year. According to the data shared by the Japan Virtual and Crypto Assets Exchange Association, transaction value doubled to ¥33.7 trillion ($230 Bn) in just the first seven months of the year. Furthermore, crypto momentum in Japan is being boosted by supportive global policies, especially in the US and domestic changes such as tax cuts and new rules for crypto investment funds. Moreover, new policies that increasingly treat tokens as investment-grade assets and the licensing of Japan’s first Yen-backed stablecoin issuer have fueled the growth. Nomura launched its crypto arm, Laser Digital, in 2022 to offer services like asset management and venture capital. In 2023, Laser Digital secured a full crypto license in Dubai and opened a branch in Japan. Now, it’s seeking approval to offer trading services to both traditional financial firms and crypto companies, including exchanges operating in Japan. However, all’s not well in Laser Digital’s camp. Earlier this year, Nomura posted a loss in its European operations, which the company partly blamed on Laser’s underwhelming performance. Mohideen had hoped the unit would be profitable within two years, but later admitted it might take longer to break even. Despite these challenges, Nomura’s push into Japan shows it’s serious about growing its presence in a fast-changing crypto market. EXPLORE: 20+ Next Crypto to Explode in 2025 Key Takeaways Japan’s on-chain transaction value jumped 120%, outpacing South Korea, India, and Vietnam Japan’s crypto market doubled to ¥33.7 trillion, driven by reforms and rising institutional interest Japan’s growth is fueled by new regulations and its first Yen-backed stablecoin​ The post This Week In Crypto Asia: Nomura Targets Crypto Market Access In Japan Amid Growing Demand appeared first on 99Bitcoins.

In Africa crypto news this week, blockchain platform Lisk has created a $15M Web3 investment fund for startups in Africa, Southeast Asia, and the LATAM region. With more funding, startups in Africa and emerging economies will receive the much-needed support and fast-tracking growth in the region. The Ghanaian-based payment platform Hurupay is introducing a feature that will allow users to trade U.S. stocks using stablecoins. They are also launching an “Earn” feature where lenders can earn up to +10% APY. Stablecoins are now a core part of crypto, commanding over $300Bn, per Coingecko. Meanwhile, Luno has won the MyBroadband 2025 award for top crypto exchange in South Africa. Luno is one of the leading and regulated exchanges in Africa, and with a presence in South Africa and Nigeria, this win highlights its pivotal role in promoting crypto adoption in Africa. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Let’s look at these stories making continental headlines this week: Africa Crypto News: Lisk Creates A $15M Fund For Blockchain Startups Lisk, the Ethereum layer-2 platform for launching scalable dapps and targeting developers in emerging economies, has created the EMpower fund to support blockchain startups in Africa, Southeast Asia, and LATAM countries. The layer-2 is leveraging the fact that venture capital and Silicon Valley overlook most startups in developed countries. EMpower will have about $15M in total, with up to $250,000 available for promising startups. As it expands its service offerings, they are also engaging with regulators. Of note, the payment platforms positions itself as among the first companies to offer crypto products compliant with Ghana’s developing laws. Hurupay has primarily focused on international payments in its first few years of operation. The remittance market for diaspora Africans is massive but has stiff competition. By offering more savings and investment tools, Hurupay looks to give its users more reason to utilize the platform fully. The payment platform operates from Ghana, with a presence in Kenya, Nigeria and many other countries internationally. DISCOVER: 9+ Best Memecoin to Buy in 2025 South Africa Crypto News: Luno wins MyBroadband Exchange of the Year award Luno exchange has been awarded the MyBroadband exchange of the year in South Africa for its operations in the South African market. MyBroadband is South Africa’s biggest IT news website and reports on crypto and fintech trends within the country regularly. Luno continues to be the largest exchange in South Africa and won the award for its popularity and reliability. The exchange launched relatively early in this market and has built a solid brand in its 12 years of existence. A recent move to expand access to tokenized US stocks has further cemented the platform’s position as the leading exchange in South Africa. DISCOVER: Top 20 Crypto to Buy in 2025 Africa Crypto News: Luno, Hurupay, and Lisk EMpower Fund Africa crypto news: Lisk launches $15M EMpower fund South Africa crypto news: Luno wins the MyBroadband 2025 award Ghana crypto news: Hurupay now supports trading of U.S. stocks using stablecoins The post Africa Crypto News Week: Lisk $15M Fund, Hurupay Stablecoin Trading, Luno Wins Award In South Africa appeared first on 99Bitcoins.

The Solana price had a relatively better performance than most large-cap crypto assets in September, posting a double-digit gain in the past month. The altcoin has made an even stronger start to October, enjoying the opening days of the month with an over 10% price jump so far. It is worth mentioning, though, that the Solana price somewhat struggled going into the weekend, which has seen the loss of the $230 mark. However, the latest on-chain data suggests the SOL token might only be taking a break, as it has yet to encounter the next major obstacle to its continuous ascent. Sustained Upward Run Hinges On $245 Resistance: Data In an October 4 post on the X platform, crypto analyst Ali Martinez shared an on-chain insight into the next significant resistance for the Solana price. According to the popular online pundit, the price of SOL is likely to face major resistance around the $245 price over the coming weeks. This on-chain verdict is based on the SOL UTXO Realized Price Distribution (URPD) metric, which measures the volume of a particular cryptocurrency that was bought at a specific price level. These price levels act as support and resistance levels for Solana, as they represent the cost basis of different investors. It is worth mentioning that the strength of an on-chain support and resistance level typically depends on the number of investors who have their cost basis at the specific price level. According to Martinez, the next such level is around the $245 region, where more than 5.9 SOL tokens were acquired. This level is considered the next major resistance for the Solana price, as it is above the current spot value. The $245 zone is seen as a significant supply wall, as several investors—who have been underwater for long—are likely to dump their assets as soon as they break even or move into profit, thereby putting significant downward pressure on price. Ultimately, the return of the Solana price to its current all-time high of $293 could be in jeopardy if it fails to clear the major supply wall around $245. As observed in the highlighted chart, the SOL would likely not be facing any significant barrier on the path to the record-high price. Can Solana Price Surge 100%? Interestingly, Martinez projected in a separate post on X that the Solana price could travel to as high as $520. However, the altcoin would need a weekly close above the long-term resistance around $260 to embark on this upside rally. A run to $520 would represent an over 110% surge from the current price point. As of this writing, the Solana token is valued at around $228, reflecting a nearly 2% dip in the past 24 hours.

Dogecoin’s price action in recent days has been defined by steady higher lows and attempts to break above $0.25. The meme coin has managed to maintain bullish momentum in the past 24 hours after ending September consolidating. This recent move has kept Dogecoin’s uptrend intact on the daily chart, and according to technical analysis shared on the social media platform X by analyst Javon Marks, this structure could be setting the stage for a powerful upward move. Breakout Structure And Higher Lows According to Marks, Dogecoin’s current price formation could be the early stages of a massive rally that carries the meme coin to $0.65 in a quick move. This prediction is based off a clear sequence of higher lows (HL) and higher highs that has been forming on the Dogecoin price chart. This formation is on the 5-day candlestick timeframe chart, and it goes as far back as the 2022 bear market. The first higher low started from the capitulation low in 2022 and continued through 2023 into 2024. Each higher low shows growing buyer interest after every correction, which is a sign of bullish continuation on higher timeframes. The most recent example came during September’s downturn, when Dogecoin found a strong support at $0.22. Rather than breaking down further, the price rebounded from this level to create yet another higher low in the series. This response was important because it confirmed that Dogecoin’s uptrend was still intact. Marks points out that this upward structure of higher lows means that another wave up is likely to be in the works. Therefore, the current phase between $0.22 and $0.25 now is more of a build-up before the next explosive move higher. Dogecoin 5-day price chart: Javon Marks on X The Case For A 153% Rally To $0.6533 Marks’ projection goes beyond a simple breakout. The analyst projected Dogecoin to go on to create another higher high in the coming weeks and months. This wave up could be an over 153% run from Dogecoin’s current price level. His chart identifies $0.6533 as the immediate target for this wave. Achieving this level would require Dogecoin to more than double from its current price, but this is not unprecedented given its price history. If Dogecoin were to reach the $0.6533 breakout target, it would be its strongest bullish rally since early 2021. However, this is still below its 2021 all-time high of $0.7316, meaning there’s still room for further upside if bullish conditions persist. Interestingly, the analysis also noted that Dogecoin might extend the rally above the $1 threshold. Particularly, the second price target is at $1.25711, although this may seem far-fetched in the short term. At the time of writing, Dogecoin is trading at $0.2525, down by 1.7% in the past 24 hours, but up by 10% in a seven-day timeframe. Featured image from Pixabay, chart from TradingView

Dogecoin (DOGE) is currently showing signs of entering one of its strongest bullish phases yet, with an analyst pointing toward a rare chart formation that could trigger a powerful upside rally. According to technical analysis, Dogecoin may be on its way to hitting new all-time highs, with $0.8 marked as the next bullish target. Analyst Doubles Down On Bold Dogecoin Forecast A new analysis by Mikybull Crypto, a prominent market expert on X social media, reveals that Dogecoin has completed the critical phases of a Bump and Run reversal chart pattern—a setup that historically precedes explosive breakouts. With price action already reclaiming its trendline, the analyst has doubled down on earlier forecasts, predicting that the DOGE price could experience an explosive surge toward the $0.8 level. Sharing a price chart, Mikybull clearly highlights the textbook Bump and Run reversal, which consists of a lead-in phase, a bump phase, and a final breakout followed by a throwback to the trendline below $0.23. DOGE’s weekly price action has mirrored this chart structure, with the recent move back to retest the broken resistance now serving as a potential springboard for the next phase. In technical terms, this “throwback” often marks the last opportunity for accumulation before the real rally begins. Mikybull, who has been closely tracking Dogecoin’s macro setup, emphasized in his X post that “the main bullish rally is about to kick off.” In an earlier update, the analyst described the upcoming bull phase as a “face-melting rally,” noting that the Bump and Run pattern is rare but extremely reliable when confirmed. At the time of writing, Dogecoin is trading slightly above $0.25, and a rally to the projected $0.8 target would represent a massive gain of approximately 220%. Such a move would propel DOGE’s price beyond its 2021 record high of $0.73, setting a fresh ATH with an additional 9.6% upside. DOGE Breakout Structure Reinforces Rally Setup A second technical analysis by crypto market expert Unipcs on X delivers a similar bullish outlook for the Dogecoin price. His chart highlights a tightening wedge structure, where DOGE has been consolidating below long-term resistance while forming a series of higher lows. Recently, the price broke out from this compression zone, reinforcing the meme coin’s bullish narrative. Unipcs reiterated that “DOGE to $1 is a meme until it isn’t,” suggesting that this cycle could deliver the long-anticipated push toward the $1 price level. He further noted that Dogecoin looks primed for an aggressive move that could generate strong spillover effects for other major meme coins in the market. In an earlier post, he pointed out that Dogecoin’s structure still looked bullish on the Higher Time Frame (HTF), coinciding with the FED interest rate cut and the DTCC listing of a new Dogecoin ETF in September. With Digital Asset Trusts (DATs) and institutional players already accumulating, the analyst maintains a strong bullish stance on the meme coin’s price outlook. Featured image from Unsplash, chart from TradingView

Bitcoin and XRP have both made strong attempts to reclaim resistance levels in recent days. Bitcoin has broken above the $120,000 price level. XRP, on the other hand, hasn’t found it as easy to establish a firm breakout, although it has pushed as high as $3.10 in the past 24 hours. Technical analysis points to possible short-term price gains if resistance levels holds, but it also outlines a scenario where both Bitcoin and XRP could face another round of declines in the coming week. XRP’s Struggle Against The Downtrend Technical analysis of XRP’s daily candlestick timeframe chart, which was posted on the social media platform X by a crypto analyst called Guy on the Earth, shows that XRP’s price action in the past 48 hours is pushing above a downtrend resistance, with the top of its consolidation rectangle at $3.12 now in focus. The analyst noted that the cryptocurrency narrowly missed this target during its latest surge, stalling at $3.10 before slipping back to $3. However, XRP has so far managed to retest and find support on the downtrend line, which suggests there is still a chance for continuation higher. However, the analyst noted that the rally could fade quickly, unless XRP can closes the week and hold above the $3.12. A drop back below $3.00 would invalidate the breakout attempt and reopen the possibility of a breakdown to the $2.72 support. The pink circle drawn on the chart below shows the risk of XRP falling back to retest the ascending trendline around $2.40 to $2.50 if $2.72 is broken. XRP Daily Price Chart: @guyontheearth Bitcoin, on the other hand, has been displaying stronger momentum. The breakout above $120,000 has been decisive, and this can be seen as a healthier technical structure compared to XRP. The Bitcoin dominance (BTC.D) is also pointing higher, meaning Bitcoin could continue leading the market regardless of whether the next move is up or down. A Big Weekend Ahead For Both Bitcoin And XRP The next few days will be important for both XRP and Bitcoin. The three-day candle closes within hours, and the weekly candle will confirm the broader direction soon after. For XRP, holding above the $3.00 downtrend retest is important to maintain bullish momentum. On the other hand, Bitcoin maintaining strength above $120,000 could confirm its breakout and establish new grounds for further rallies. Failure for Bitcoin to hold above $120,000, would likely usher in another bloody phase next week, with XRP at risk of dropping back toward $2.72 or even lower. The week’s close will determine whether this rally has legs or whether the correction scenario plays out instead. At the time of writing, XRP is trading at $3.03. Bitcoin is trading at $122,500. Featured image from Unsplash, chart from TradingView

The price of Bitcoin made a dreamy start to the last quarter of the year, beginning the historically bullish month of October with a reclaim of the $120,000 level. After over a month of choppy price action, the world’s largest cryptocurrency seems to be resuming its bullish uptrend. With the price closing in on its all-time high price above $124,000, investors will be looking to see how far and long the premier cryptocurrency can go in the latest leg up. According to an on-chain analyst on social media platform X, the price of BTC could rise as high as $160,000 in the current run. Why A Break Above $128k Is Critical To BTC’s Bull Run In an October 3 post on X, crypto analyst Axel Adler Jr. put forward a $160,000 target for the Bitcoin price at the start of next year. According to the online pundit, the sustained progression of BTC’s price action to this unprecedented high hinges on two primary conditions, or two price levels. This bullish analysis revolves around the historical price performance of Bitcoin following the halving event. Typically, the halving event is viewed as a catalytic event that triggers long-term price rallies for BTC, as it involves slashing by half the volume of the premier cryptocurrency created at a time. As observed in the chart above, the scenario-based model shows through a trend-based forecast that each halving cycle produces an exponentially higher peak for the Bitcoin price. According to this model, the price of BTC printed a post-halving peak around $57,000 following the 2020 event, beating the previous high of $4,250. Adler Jr. revealed that the Bitcoin price could head for $160,000 after the 2024 halving event, which saw miner rewards fall from 6.25 BTC to 3.125 BTC. However, for this rally to be confirmed, the first condition is that the flagship cryptocurrency will need to break above the $128,000 and hold above this “base” level on multiple weekly closes. In the second condition, the on-chain analyst shared that Bitcoin’s upward movement toward the $160,000 mark could be at risk of invalidation should the price fall below the $102,000 level. According to Adler Jr., a breakdown beneath this level could lead to a quick scenario reset, potentially changing the target or overall trend for the Bitcoin price. Ultimately, the price action of BTC in the short term is one to look out for, as the market leader looks to reclaim its current all-time high. Moreover, a break above the record-high price could clear the path for Bitcoin to reach the ‘base” level of $128,000. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $122,710, reflecting a 2% jump in the past 24 hours. According to data from CoinGecko, the top cryptocurrency is up by more than 12% in the last seven days.

A fresh promise of “tariff dividend” checks is colliding with a near-record Bitcoin, setting up a Q4 test of how fiscal headlines move crypto. According to Reuters, the White House is considering rebate checks of $1,000 to $2,000 per person funded by tariff revenue, an idea President Donald Trump described as a “dividend to the people” in a recent interview. The comments arrive as Bitcoin trades near record highs and US spot BTC ETFs draw steady inflows. This proposal has emerged this week in a One America News interview, with broader coverage, but no bill and no Treasury structure has been published. Markets are considering whether such rebates, were they to be put in effect, would boost household expenditure and appetite to risk in the last quarter of 2025. How Could Trump’s $2,000 Tariff Rebate Plan Affect Bitcoin and Crypto Markets? Trump outlined the plan as linking rebates directly to tariff proceeds, framed partly as relief against tariff costs and, in some accounts, as a tool to reduce federal debt. Treasury officials in the past have emphasized channeling tariff revenue toward debt paydown. Revenue projections remain uncertain. Estimates vary, and the administration has yet to explain how funds would be distributed. The discussion is within the context of crypto strength. US spot Bitcoin ETFs recorded some $985M in net inflows on Oct. 3, topped by BlackRock’s IBIT, the fifth consecutive Uptober day. In the meantime, the Federal Reserve’s Oct. 29 meeting is also on the radar of traders, where high odds are already priced in of a rate cut, which is another possible stimulus to risk assets. This week, Donald Trump told One America News that a planned rebate check may be between $1,000-$2,000 per person as a dividend based on tariff collections. The plan is still pending with specifications of timing and the qualifiers. As of press time, Bitcoin traded close to $122,000, near August’s high, while US stocks ended Friday on a strong note. (Source: Coingecko) The Dow Jones and S&P 500 both closed at record levels, reflecting resilience despite an ongoing government shutdown. DISCOVER: Best Meme Coin ICOs to Invest in Today Could Trump’s Proposed Rebate Checks Spark a New ‘Stimmy’ Rally for Crypto? According to Farside Investors data, US spot Bitcoin ETFs recorded $985.1M in net inflows on Oct. 3. BlackRock’s IBIT led with $791.6M, followed by Fidelity’s FBTC with $69.6M. Weekly inflows are on track to rank among the largest of 2025. If enacted, rebate checks of this size would recall the “stimmy” payments of 2020–21, which coincided with sharp jumps in crypto participation. But today’s backdrop is different. Inflationary pressures caused by tariffs are still running along supply chains, and the Federal Reserve is considering rate reductions with indications of a late-cycle slowdown. There are high chances of a rate cut on October 29 as indicated by the CME FedWatch tool, which can further increase pro-risk positioning in equities and crypto. (source: CME FedWatch) Markets are awaiting a formal policy proposal or draft bill to clarify rebate mechanics, including eligibility and funding math. With the Fed decision later this month and ETF inflows holding strong, investors are watching whether the “stimmy” narrative evolves into a lasting Q4 catalyst for crypto or just a short-lived bounce. DISCOVER: 16+ New and Upcoming Binance Listings in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Stimmy Inbound: Will Trump Tariff Dividend Skyrocket Crypto in Q4? appeared first on 99Bitcoins.

An alarming pattern of XRP whale activity has been noted, posing several questions about the sustainability of the cryptocurrency’s growth. Among the multiple questions currently being asked, one is more demanding of an immediate response: Is an XRP whale sell-off on its way? XRP Supply Surges Across Major Exchanges In an October 3rd post on the social media platform X, market analyst CryptoOnchain highlighted a recent shift in the behavior of XRP’s largest holders, the whales. The online pundit’s report was based on the Exchange Supply Ratio indicator, which tracks the proportion of XRP tokens on exchanges relative to its total circulating supply. This metric can be used to derive insights on potential selling pressure for a crypto asset (XRP, in this case), seeing as higher values would suggest increased availability of tokens on the exchange for sale. According to CryptoOnchain, there has been a spike in XRP supply across major exchanges, suggesting that whales might be positioning for a significant sell-off. The data shared reflects the increase in selling pressure across these exchanges, including Bithumb, Bitget, Bitfinex, and Binance, putting the XRP price at an increased risk of a sharp correction. XRP Displays Bearish Divergence As Sellers Dominate Futures Market In a separate post made on the CryptoQuant platform, CryptoOnchain also revealed a budding negative divergence across the XRP futures market. The relevant indicator here is the Taker Buy Sell Ratio metric, which monitors the balance between aggressive buy and sell orders in the futures market. This metric is typically used to assess whether buyers or sellers are dominating the market in the short term. The analyst noted that while the price of XRP has been mostly around $3 after its recent rise, the ‘Taker Ratio’ across exchanges has fallen to its lowest level since November 2024. Interestingly, data from Binance, the world’s largest crypto exchange, further supports this bearish signal, as patterns similar to those seen on other exchanges have also been surfacing. Related Reading: Ethereum Matches Bitcoin In Annual Gains: What This Means For The Market CryptoOnchain explained that this situation could either mean that the market participants are booking profits or anticipating a price decline in the near future. However, the spike in XRP supply across major crypto exchanges, alongside the clear dominance of sellers in the perpetual futures market, strongly suggests the imminence of a price correction. It is therefore advisable to watch the psychological $3 level closely before market decisions are made. As of this writing, XRP is hovering around the $3 mark, reflecting a nearly 2% decline in the past 24 hours.

Crypto analyst Bobby revealed that the XRP price has completed a consolidation pattern, hinting at a potential parabolic rally for the altcoin soon. The analyst suggested that XRP’s price could rally to double digits once this rally occurs. XRP Price Eyes Rally To $19 As It Completes Double-Bottom Pattern In an X post, Bobby indicated that the XRP price has completed the macro double-bottom pattern, which it had spent over seven years building. The analyst’s accompanying chart showed that the altcoin is now gearing up for a rally to as high as $19 following the completion of this consolidation pattern. Meanwhile, the analyst noted that the XRP price spent over nine months building support near the neckline of the massive W pattern. He added that the altcoin spent the same amount of time consolidating below the 1.618 Fibonacci extension of its latest macro swing high to swing low. Bobby indicated that the XRP price rally will begin once it breaks through $3.02 and gains monthly acceptance above that level. He expects this move to take XRP into the take-profit levels he has highlighted on several occasions. These levels include $4.7, $6.4, $7.4, and possibly $19, all of which mark new all-time highs (ATHs) for the altcoin. The analyst also predicts that the XRP ETFs could spark a rally to between $8 and $13 with possible wicks into the $20 range. These funds are expected to launch this month, depending on when the U.S. government shutdown ends. They provided a bullish outlook for XRP due to the amount of inflows that they could drive into the altcoin’s ecosystem. Meanwhile, it is worth mentioning that Bobby had also earlier alluded to previous cycles as the reason XRP could rally to $13. Analyst Sounds Warning To Bulls Crypto analyst Egrag Crypto has warned XRP bulls that the XRP price needs to close above $3.13 to $3.20 on the 3-day chart to sustain the current bullish momentum. His warning followed XRP’s reclaim of the psychological $3 level, which he noted has wrecked the bears. However, the altcoin needs to close above this range, or the bulls are also in danger of getting wrecked. Egrag Crypto stated that the XRP price could follow suit if Bitcoin and Ethereum get rejected on their current rallies. He added that the altcoin could head lower, which he believes might actually be better. He assured that the last impulsive move would be explosive and could lead to life-changing gains for the bulls. However, for now, he believes that XRP is simply ranging until it closes above $3.20. At the time of writing, the XRP price is trading at around $3, up in the last 24 hours, according to data from CoinMarketCap.

According to market reports, Bitcoin pushed up against a key ceiling this week as more money flowed into futures and spot markets. Price action has held above several support levels, and traders are watching $123,500 as the immediate test before a fresh run at records. Bitcoin Price Tests Final Resistance Bitcoin’s trading channel has held firm for weeks, with a steady pattern of higher highs and higher lows. After finding support near the channel low — a point that lined up with the market’s point of control — the rally reached the $123,825 high-timeframe resistance zone. Based on reports, that level is now the last major cap before prices move into untried territory. If the barrier is taken cleanly, the next target inside the channel sits near $131,000. Momentum is being backed by rising open interest. As price climbed, the number of active positions has also grown, which traders read as a sign of broadening participation rather than a brief retail flare-up. Reports have disclosed that Strategy’s Bitcoin holdings rose to $77.4 billion as BTC reclaimed the $120,000 mark, a move that market watchers say reflects stronger institutional interest. Institutions Add Large Positions Spot Bitcoin ETFs have drawn substantial money. According to figures cited in the market, inflows into these ETFs reached $58 billion overall, with $23 billion coming this year. Some analysts expect another $20 billion could arrive before year-end. That kind of demand is being called by some investors a structural bid that tightens available supply on exchanges. Analysts on Wall Street are now issuing bold price targets. One large bank has put a $231K figure into circulation, while Geoff Kendrick, head of digital assets research at Standard Chartered, offered a $135,000 near-term call and said $200,000 could be possible by the end of 2025. Kendrick bases his view on three pillars: sustained ETF inflows, faster adoption across firms, and steady market sentiment despite broader macro worries. Price structure and open interest are aligned in a way that many traders find convincing. Each rally so far has been followed by measured pullbacks, which some see as healthy consolidation rather than a breakdown. Still, the region above prior highs is thin on liquidity; moves there tend to be quick and wild. What Traders Should Watch Next A close watch on how the market behaves around $123,500 will be important. A decisive break with growing volume and rising open interest would likely accelerate the climb toward $131,000 and beyond. If the level holds as resistance, expect a sharper correction that could test lower support inside the channel. Featured image from Gemini, chart from TradingView

Highlights include Fed Meeting Minutes, ECB Minutes, RBNZ, Canada jobs, OPEC+, Japan LDP leadership election SAT: Japanese LDP Leadership Election SUN: OPEC+ Meeting Fed Meeting Minutes MON: EZ Construction PMI (Sep), Sentix (Oct), US Employment Trends (Sep), New Zealand NZIER (Q3) TUE: EIA STEO; German Industrial Orders (Aug), US International Trade (Aug), Canadian Trade Balance (Aug), Ivey PMI (Sep), Chinese FX Reserves (Sep) WED: RBNZ & NBP Policy Announcements, FOMC Minutes (Sep), BoJ’s Ueda; Japanese Overtime Pay (Aug), Swedish CPIF Flash (Sep) THU: ECB Minutes (Sep), Eurogroup Meeting; German Trade Balance (Aug), US Weekly Claims (TBC) FRI: Norwegian CPI (Aug), Canadian Employment Report (Sep), US Uni. of Michigan Prelim. (Oct),Chinese M2/New Yuan Loans (Sep) JAPAN LDP LEADERSHIP ELECTION (SAT): The Liberal Democratic Party (LDP) will elect its new president on 4th October, following PM Ishibaʼs resignation on 7th September. The winner is expected to become Japanʼs next PM when the Diet votes in midOctober. First-round results are due at around 14:10 JST (06:10 BST / 01:10 ET), with a run-off expected around 15:20 JST (07:20 BST / 02:20 ET) if no candidate secures a majority. Five candidates are standing—Shinjiro Koizumi, Sanae Takaichi, Yoshimasa Hayashi, Toshimitsu Motegi, and Takayuki Kobayashi—though desks broadly expect a Koizumi–Takaichi run-off. Koizumi, presenting himself as a reformist and fiscally prudent, is seen as yen- and JGB-supportive but equity-neutral. Takaichi is running on a conservative, expansionary platform, pledging higher defence spending and a more accommodative stance; this is viewed as equity-positive, particularly for defence, nuclear and tech sectors, but negative for JPY and JGBs due to increased issuance risks. Polling underscores the two-way race: a Kyodo survey (11–12 Sept) put Takaichi at 28.0%, Koizumi at 22.5%, and Hayashi at 11.4%, while a Nikkei poll in August on prime minister suitability showed Takaichi at 23% and Koizumi at 22%. OPEC+ MEETING (SUN): OPEC+ is set to meet on October 5th, with attention firmly on whether the group accelerates the pace of unwinding its existing production curbs. Reports in recent days suggested Saudi Arabia and its partners are considering fasttracking the return of the remaining 1.66mln BPD tranche in larger increments, with proposals including three monthly instalments of around 500k BPD each (BBG). Other sources cited by Reuters flagged that the eight core producers could agree to a November hike of between 274–411k BPD, two to three times the October increase, while some suggestions pointed to as much as 500k BPD. However, the OPEC Secretariat has denied these reports, calling them “inaccurate and misleading” and stressing that discussions among ministers have not yet begun. Desks highlight Saudi Arabiaʼs push to restore market share is central to the debate, with analysts noting that higher-cost US shale producers could be pressured should OPEC+ accelerate supply additions. Separately, compensation remains a key issue, with Russia, Iraq, the UAE, Kuwait, Kazakhstan, and Oman submitting updated schedules to offset prior overproduction. The bulk of the required cuts are to come from Kazakhstan, with ~2.9mln BPD in adjustments due by June 2026, while Iraqʼs plan covers ~1.24mln BPD. Compliance discussions at the JMMC this week underscored the need for full adherence to output agreements. Market context has also shifted with the resumption of Kurdish crude exports via Turkey after a 2- and-a-half-year hiatus, which analysts suggest further tilts the balance towards oversupply. Meanwhile, geopolitical risks remain in the backdrop, with Ukrainian drone strikes on Russian refineries offsetting some of the bearish pressure from prospective OPEC+ supply hikes and resurgent US output, which hit a record 13.64mln BPD in July. Desks broadly flag that while all options remain on the table, an accelerated unwind of cuts—potentially at a scale of 500k BPD—would add to an already fragile oil market backdrop. Source: Try Newsquawk free for 7 days RBNZ POLICY ANNOUNCEMENT (WED): The RBNZ is expected to lower the Official Cash Rate at its 8th October meeting, though the scale of easing remains in debate. A Reuters poll found that 15 of 26 economists expect a 25bp cut to 2.75%, while 11 look for a larger 50bp move. Market pricing currently leans towards a 25bp reduction, though desks highlight risks are skewed to a more aggressive step, with pricing currently placing a 44.5% chance of a 50bps cut and a 55.5% chance of a 25bps reduction. Westpac and Capital Economics both forecast a 50bp cut, taking the OCR to 2.50%, arguing that the MPC should deliver a “circuit-breaking” move to a more stimulatory stance in order to support activity ahead of the Christmas and summer trading period. Westpac notes that the June quarter GDP contraction of -0.9% Q/Q was materially weaker than the RBNZʼs August MPS forecast (-0.3%), leaving a larger-than-expected negative output gap. The desk also highlights the shift in MPC composition, with the departure of its most hawkish member (Buckle) potentially tilting the balance toward a bolder easing. By contrast, ANZ, BNZ and Nomura lean towards a 25bp move, citing the risk of overshooting late in the easing cycle. ANZ argues that “you donʼt normally speed up going into a turn,” preferring a dovish 25bp cut now with scope to move further in November. Fed Meeting Minutes Fed Meeting Minutes (WED): At its September meeting, the FOMC cut rates by 25bps to 4.00-4.25%, citing a shift in risk balance. Bowman and Waller joined the consensus, calling for a 25bps reduction; new Governor Miran dissented, preferring a larger 50bps cut. The updated projections showed nine of 19 officials see two additional cuts in 2025, two see one cut, and six see no more reductions. Note, one member sees rates 25bps above the current target, while Miran pencilled in a rate of 2.75-3.00% by yearend, 125bps below current levels. Within the statement, guidance was tweaked to state that “in considering additional adjustments to the target range for the federal funds rate…” from “in considering the extent and timing of additional adjustments to the target range for the federal funds rate…”. It also tweaked its labour market view, downgrading language (no longer seen as ‘solid’, unemployment has edged up but ‘remains low’ and adds that ‘job gains have slowed’). This yearʼs unemployment rate forecast, PCE and core PCE were unchanged; for next year, unemployment was revised lower, PCE and core PCE were raised (the statement notes that inflation has moved up and remains ‘elevated’). Fed Meeting Minutes At his post-meeting press conference, Chair Powell characterised the rate cut as a risk management decision, responding to meaningful downside risks to the labour market, but stressed that he does not feel the need to move quickly on rates. The labour market is cooling, and now policymakers are turning their attention to that side of the mandate. Powell said that moving rates down slightly supports a more neutral policy stance and balances risks to employment and inflation. He said support for the reduction was broad but not unanimous, and almost everyone supported todayʼs cut, showing a high degree of unity on acting cautiously. The Fed Chair emphasised a meeting-by-meeting approach, guided by incoming data, and noted that markets are pricing in a path of cuts, but the Fed is focused on the data rather than market expectations. Future cuts will depend on labour market developments and inflation trajectory. Powell reaffirmed a strong commitment to Fed independence and stressed decisions are data-driven, not political. He welcomed new Committee member Miran and noted that decisions require persuasion based on evidence, not individual preferences. Powell has spoken again after the FOMC meeting and said the Committee will continue balancing high inflation risks against a slowing job market in upcoming rate decisions, maintaining flexibility rather than a preset path. He acknowledged modest job growth and elevated inflation, noting tariffs contribute to prices, while stressing the Fedʼs role in stabilising the economy amid institutional trust erosion. A wave of decent US economic data before the government shutdown has seen dovish Fed pricing pare back – markets are discounting a 25bps reduction at the October meeting, although are 50/50 on whether it will follow with a third 25bps cut by the end of the year. The government shutdown is seen as complicating the Fed’s data-dependent policy approach, with key employment and inflation releases (including weekly jobless claims, September payrolls, and CPI reports) delayed; analysts say this could cloud judgment for the October FOMC meeting, increasing uncertainty over further rate cuts amid the Committee’s divided views on inflation, GDP growth, and labour market resilience Source: Try Newsquawk free for 7 days ECB MINUTES (THU): As expected, the ECB opted to stand pat on policy by holding the Deposit rate at 2%. Also in-fitting with consensus, the statement reiterated that policymakers will maintain their meeting-by-meeting and data-dependent approach, whilst not pre-committing to a particular policy path. As such, attention turned to the accompanying macro projections, which saw the 2026 inflation forecast only revised up to 1.7% from 1.6%; consensus looked for a more notable upgrade to 1.9%. This elicited a dovish reaction in markets with the forecast suggesting that the ECB may need to loosen policy further in order to avoid a policy undershoot. However, at the follow-up press conference, Lagarde caused an unwind of some of this initial price action after noting that minimal deviations from target will not necessarily justify movement. Other hawkish elements of the press conference came via the upgrade to the ECB’s risk assessment, with risks now seen as more balanced vs. previous guidance of “tilted to the downside”. Furthermore, Lagarde stated that the disinflationary process was over and policy is in a “good place”. As always, the account of the meeting will likely pass with little in the way of fanfare, given its stale nature. Furthermore, with the ECB on hold for the near-term, the account is unlikely to provide much in the way of directional clues. CANADIAN LABOUR MARKET REPORT (FRI): The labour market report in Canada will be gauged to see if the recent slowdown is continuing. Following the deterioration of the labour market, with inflation remaining within target (albeit towards the higher end), the BoC cut rates by 25bps in line with expectations, citing a weaker economy and less upside risk to inflation. Macklem also noted that three reasons shifted the balance of risks since July, noting a softer labour market, diminished upward pressure on inflation, and the removal of most retaliatory tariffs from Canada. The BoC removed forward guidance and said it will proceed carefully, and Macklem noted the bank will look over a shorter horizon than usual and be ready to respond to new information. Another weak jobs report would bolster BoC rate cut expectations for October, with money markets currently pricing in 15bps of easing, which implies a 60% probability of a 25bps rate cut. Copyright © 2025 Newsquawk Voice Limited. All rights reserved. Registered Office One Love Lane, London, EC2V 7JN, United Kingdom · Registered Number 12020774 · Registered in England and Wales. newsquawk.com · +44 20 3582 2778 · info@newsquawk.com Fed Meeting Minutes Read about Why the Next Fed Chair Matters The post Newsquawk Week Ahead: Highlights 4-10th October 2025 appeared first on Forex Trading Forum.