BTC Gains $10K, BNB Sets New ATH, ZEC Soars by 170% as Uptober Begins: Your Weekly Crypto Recap

Quite a bit can change within the cryptocurrency markets within the span of only a week. Even although we’ve got mentioned this many instances previously, the narrative proved appropriate as soon as once more.

Recall that your entire market state of affairs was fairly dire on the finish of the earlier enterprise week. BTC had come on the heels of a rally to $118,000 after the US Federal Reserve lower the rates of interest for the primary time in 2025, however was violently rejected there, and the following correction drove it south arduous. In simply a number of days, it misplaced practically $10,000 and dipped to a multi-week low of underneath $109,000.

This essential help held the value on the best way south regardless of being examined on a number of events in days. Bitcoin calmed over the weekend, and the bulls lastly reemerged at the beginning of the present enterprise week.

They initiated a formidable rally on Monday that drove BTC north by roughly six grand to $115,000. After a short correction to $113,000, they resumed management of the market and pushed the cryptocurrency greater within the following days, which culminated yesterday with a surge to only over $121,000. This grew to become bitcoin’s highest price ticket in over seven weeks.

Although it has stopped there, at the least for now, BTC nonetheless stands above $120,000 as of press time. This signifies that it has added greater than $10,000 since final Friday and is now inches away from a brand new all-time high. Speaking of recent information, it’s value highlighting BNB, which went into uncharted territory earlier at the moment at over $1,100.

In phrases of weekly beneficial properties, although, the previous 7 days belong to Zcash. The privateness token has skyrocketed by 170% to a three-year peak of simply over $150. The chart beneath will reveal many altcoin winners from the previous week, together with ETH, SOL, DOGE, HYPE, SUI, XLM, and others, all of which have posted double-digit beneficial properties.

Market Data

Market Cap: $4.230T | 24H Vol: $200B | BTC Dominance: 56.7%

BTC: $120,350 (+9.8%) | ETH: $4,460 (+12.14%) | XRP: $3.03 (+9.4%)

This Week’s Crypto Headlines You Can’t Miss

MicroStrategy Announces New Bitcoin Buy, Now Holds Over 640,000 BTC. Not a lot of a shock right here as Saylor’s Strategy announced its newest BTC acquisition of 196 items, pushing its whole holdings past 640,000. Interestingly, Metaplanet made a considerably bigger buy this week of 5,268 BTC, which drove its stash to 30,823.

No Reaction From Crypto Markets as US Govt Shuts Down. The so-called ‘Uptober’ (within the crypto neighborhood) started with a bang when it comes to value reactions, but in addition with large information from the US, as the federal government needed to shut down resulting from Democrats and Republicans failing to achieve a deal on a number of main items of laws.

Robert Kiyosaki Says Bitcoin Is the Only Real Hedge as Buffett Turns to Gold. After years of bashing gold, Warren Buffett turned the tables and embraced the yellow metallic following its vital run in 2025. Robert Kiyosaki mentioned he learn between the traces and now expects a significant crash within the inventory market. Consequently, he believes BTC is the one actual hedge.

Ethereum Supply Crisis? Exchanges Can’t Keep Up With Surging Withdrawals. Investors rushed to take their ETH out of exchanges throughout the latest run that noticed the asset go from $3,800 to $4,500. According to some reviews, buying and selling platforms couldn’t sustain with the surging withdrawals at one level.

Bitcoin Poised for Huge Gains as Gold Correlation Suggests Late November Surge. Even earlier than the spectacular rally to $121,000, standard crypto analyst Ted Pillows outlined a notable correlation between BTC and gold, which, he indicated, may lead to a giant run in This fall for the digital asset.

Bitcoin’s Bull Run Backed by Growing Long-Term Holders. Unlike earlier bull runs, which appeared extra speculative because of the participation largely of retail traders, this one is backed by a rising variety of long-term holders, as properly as establishments, said CryptoQuant’s Avocado_onchain.

Charts

This week, we’ve got a chart evaluation of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid – click here for the complete price analysis.

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