Altcoins Lead Rally: Ethereum Over $4,500, BNB Hits Record High
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.
The notorious “Uptober” has just kicked off, and the market is already flashing green: Bitcoin broke through the $120,000 level, while Ethereum rallied 13.7% on the week, climbing as high as $4,550. Overall market capitalization now stands at $4.13 trillion, just shy of its all-time high.
Spot ETFs provided strong support: Bitcoin funds saw $2.25 billion in inflows over the past four sessions, while Ethereum products attracted $785 million. Institutional players are also backing the rally — BitMine alone holds 2.6 million ETH worth $11 billion.
Altcoins are shining as well: Hyperliquid (+19%), Solana (+18.6%), and Binance Coin, which broke above $1,100 for the first time with a +16.5% gain.
October has historically been a powerful month for crypto. Since 2013, Bitcoin has averaged a 21% return, with bull years like 2017 (+48%) and 2021 (+40%) posting even bigger gains.
Andrew Bennett conducts a study on the way centralized data systems create political and economic vulnerabilities, thus discussing the transformative potential of blockchain in redefining traditional power dynamics. Andrew has actively participated in the cryptocurrency field since 2015 by closely studying the technological backbone of Bitcoin, innovations within the Cardano community, and alternative blockchain-driven governance mechanisms. He graduated with degrees in Media Communications, English Literature, and Management from universities in Berlin. Since August 2025, Andrew has been working with FORECK.INFO as a junior research analyst.
