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Bitcoin (BTC) Price News: Gains as October Nears

Bitcoin surged above $114,000 on September 29, reversing a sharp decline from the previous week. Institutional traders are reportedly supporting BTC above $110,000, despite prevailing uncertainty due to an upcoming jobs report and a potential government shutdown that could delay critical economic data releases. Historically, October and November are strong months for Bitcoin, averaging gains of 22% and 46% respectively since 2013. This seasonal pattern suggests a buoyant outlook for BTC, with many traders transitioning from September’s typical weakness to October’s potential highs. The recent BTC rise was echoed across other cryptocurrencies, with major altcoins seeing similar gains. Additionally, the overall crypto market appears to be aligning with trends in both gold and stock markets as interest rates remain low. Market analysts predict that if the current momentum continues, it could set the stage for Bitcoin to challenge previous highs before the end of the year.

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Bitcoin bulls are back: Here’s what is needed for a rally to $120K

Bitcoin has regained the $114,000 mark, recovering from previous losses despite significant outflows from spot Bitcoin exchange-traded funds (ETFs), which totaled around $900 million last week. This raises concerns about the sustainability of the rally, especially as the majority of the moved coins showed profit-taking. Key upcoming events may

SEC Tells Issuers to Pull 19b-4s; ETFs Could Be Approved ‘Absurdly Fast’

The U.S. Securities and Exchange Commission (SEC) has requested crypto exchange-traded fund (ETF) issuers to withdraw their 19b-4 filings, facilitating a quicker approval process following a recent rule change. This new regulation allows exchanges to list certain commodity-based crypto ETFs without requiring individual SEC reviews, significantly reducing regulatory obstacles.

Trillions Meme Coin Surges to $60 Million Market Cap on Stablecoin Network Plasma

The Trillions meme coin, deployed on the stablecoin network Plasma, reached a market cap of $60 million shortly after the network's mainnet beta launch. The project, capitalizing on a meme predicting the total stablecoin market cap will reach trillions, soared following the network's heightened visibility. Despite

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