Market Summary Bitcoin (BTC) traded at $123,586, down 1.23% over the past 24 hours, while Ethereum (ETH) declined 0.87% to $4,527.32. The overall crypto market cap fell from $4.26 trillion to $4.22 trillion (-0.95%) on 06:00 UTC (14:00 Asia/Taipei). Top altcoin gainer Astar (ASTR) surged +28.05%.1

Derivatives & Stablecoin Flows Bitcoin futures open interest across all venues soared past $220 billion as of October 3, driven by institutional inflows at CME ($39 billion) and offshore markets. Crypto short-position liquidations reached $115 million in one hour early October, fueling BTC and ETH rallies. Stablecoin market capitalization remains stable near $150 billion, with Tether (USDT) dominating circulation.23

High-Impact News

  • CME Group announced plans for 24/7 trading of Bitcoin and Ether futures and options by early 2026, aiming to reduce weekend “gaps” and enhance liquidity.3
  • Chicago-listed Bitcoin futures open interest hit an all-time high ($45.3 billion) by October 3, reflecting unprecedented institutional demand.2
  • Ethereum’s Fusaka mainnet upgrade preparations continue, promising up to 8× scalability (scheduled December).4
  • Major token unlocks totaling $555 million occur second week of October: Aethir (1.26 billion ATH), Aptos (11.31 million APT), Linea (1.08 billion LINEA).5
  • London Fintech Summit (October 6–7) and US “Cointober” ETF approvals (95% odds) set to drive fresh inflows.4

Exchange Announcements

  • CME’s 24/7 trading rollout for crypto futures and options slated early 2026.3
  • CEX.IO named Best Overall Exchange of 2025 for its global reach and advanced order types.6

Regulatory & Government Actions

  • US government shutdown (since October 1) delays SEC ETF decisions and economic data releases, heightening “dovish Fed + ETF” narrative.4
  • OCC expected to decide on Ripple Labs’ federal banking charter, potentially bridging banks and blockchain.4
  • FOMC minutes due October 8 will inform interest-rate cut pacing, crucial for crypto risk assets.4

Research & White Papers

  • New deep-stacking forecast model using Bitcoin hashrate and wavelet denoising improves short-term price prediction accuracy (arXiv 2501.13136).7
  • Coinbase Research’s October Market Positioning report highlights growing retail versus institutional sentiment divergence in BTC and ETH holdings.8

Social Media Signals

  • Bitcoin’s Fear & Greed Index on Twitter averages 82/100 bullish; 51.4% of tweets bullish versus 13.1% bearish in past 24 hours (243,030 tweets analyzed, as of October 5).9
  • Whale-tracker Polymarket bets on Fed rate cut and BTC/USD new highs at $126 000.

Security Incidents No confirmed exchange hacks or protocol exploits reported in the past 24 hours.

Notable Event Timeline (Asia/Taipei)

  • 14:00 – Market data snapshot (UTC 06:00)
  • October 8, 02:00 – FOMC minutes release (Asia/Taipei)

Confidence Statement Data sourced from primary exchange statistics, institutional filings, and direct regulatory announcements. Confidence: High, subject to market-data revisions. 10111213141516171819202122232425262728293031323334353637383940

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Generated by

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  13. https://arxiv.org/pdf/2311.06280.pdf ↩

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