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BTC/USD traded near 78,900.00 early Wednesday after briefly breaking above 81,000.00 for the first time since May. The price later slipped below 78,000.00 following the release of US inflation data. Bitcoin is still up approximately 24–25% since the beginning of August, with the monthly range extending from 62,232.00 to 81,142.00.
Since the end of last month, the ETH/USD pair has resumed active growth in line with the broader market trend, driven by political instability in the United States. The ongoing government shutdown has put significant pressure on the U.S. dollar, increasing investor demand for alternative assets — including digital currencies.
Bitcoin set a new all-time high in the early hours of Sunday, confirming the seasonally strong start to the fourth quarter. Yet while most observers remain focused on the market’s benchmark cryptocurrency, a key question arises: can Ethereum also pick up momentum and break above $5,000?
Last week, the BTC/USD pair resumed its strong upward movement, setting new all-time highs near 125,700.00 over the weekend. Bitcoin’s total market capitalization briefly surpassed 2.5 trillion dollars for the first time, driven by both political and monetary developments.
New Morgan Stanley Guidelines: How Much Crypto Should You Hold?
Bitcoin Breaks Records — But BNB Hits a New All-Time High Too
Bitcoin’s Uptober Frenzy: Are New Highs Just Days Away? Bitcoin is on fire again — up more than 14% this week and now hovering near its record high of $124,500. The leading cryptocurrency is trading around $122,555, showing strong bullish momentum after breaking key resistance levels. Analysts say October’s famous “Uptober” trend could once again push the market to new highs.
Bitcoin made history once again, breaking its previous August 2025 high of $125,000. The leading cryptocurrency gained several percent in the past 24 hours, reinforcing its position as the market leader and confirming the seasonal pattern known as “Uptober” — a traditionally strong month for BTC.
Stablecoins have become a cornerstone of the crypto economy. Their combined market cap now exceeds $301 billion, and the biggest tokens have cemented their place among the top 10 digital assets. For many users, “stable” coins are a convenient way to store funds, bypass restrictions, and make cross-border payments.
U.S. Government Shutdown and Its Ripple Effect on Crypto The ongoing shutdown is shaking up markets, stalling the release of crucial economic data like the Non-Farm Payrolls (NFP) report.
This week, the cryptocurrency market regained ground lost in the second half of last month: Bitcoin is trading around 120,000.00 (+8.3%), ETH at 4,500.00 (+11.1%), while XRP climbed to third place by market capitalization, pushing stablecoin USDT to fourth, with quotes at 3.0200 (+6.1%) and 1.0005 (+0.01%) respectively. BNB is trading near 1,087.00 (+9.8%). Overall market capitalization rose to $4.12 trillion, with Bitcoin’s dominance at 58.0%. Bitcoin ETFs added $2.25 trillion in assets, while Ethereum ETFs saw inflows of $1.79 trillion.
Canary Capital’s spot Litecoin ETF has hit a roadblock after the SEC blew past its October 2nd deadline. The timing couldn’t be worse: a partial government shutdown has left investors in the dark, with no clarity on when approvals will move forward or how the new listing rules will shape the dozens of crypto ETF applications piling up. The launch still looks possible — but not anytime soon.
Crypto Market Update: Ethereum Tops $4,500, BNB Hits Records. Bitcoin holds steady above $120,000 as altcoins surge, fueling speculation that the long-awaited crypto bull run has begun.
For crypto, the framework is similar to traditional financial markets but comes with its own twist. Here, price action turns on liquidity, adoption, regulation, and flows from institutions alongside retail sentiment. Network health—hash rate, staking, active wallets—adds another layer. Macro still matters too: rates, dollar strength, and risk appetite shape inflows and outflows. Then, as with any market, you use the chart—trend, support and resistance, momentum, and volume—to spot setups and manage risk.