Bitcoin (BTC) dominated headlines, surging to a new all-time high above $125,671, driven by strong institutional interest and anticipation of UK retail ETN approvals. Ethereum (ETH) also showed significant strength, climbing over 4% to surpass $4,600 and setting sights on $5,000, bolstered by Grayscale's introduction of staking features for its ETH and Solana (SOL) ETF products. Meanwhile, XRP announced a major privacy upgrade, and the broader altcoin market saw rotation with DEX trading volumes hitting $1.3 trillion in Q3.
Key Developments
- Bitcoin (BTC) established a new all-time high, trading above $125,671.
- Grayscale launched staking features for its Ethereum (ETH) and Solana (SOL) ETF products in the US.
- Ethereum (ETH) surged past $4,600, with analysts eyeing $5,000 as the next target.
- Ripple announced a major privacy upgrade for the XRP Ledger, fueling speculation of a price surge.
- DEX trading volumes reached $1.3 trillion in Q3, led by Binance and Solana ecosystems.
Next 6 Hour Outlook
The market is likely to remain focused on Bitcoin's price discovery and institutional adoption trends, while altcoins may continue to see rotation based on specific project developments and ecosystem growth.
Top Tickers
BTC
ETH
XRP
SOL
DOGE