By Francisco Rodrigues (all times one unless otherwise stated)
The Crypto market staged a fragile improvement after a violent flash accident on Friday deleted more than $ 500 billion in value and forced nearly $ 20 billion in liquidation across derivatives platforms.
Bitcoin fell as much as 13% in one hour and bonded nearly $ 102,000 before rebounded to shopping over $ 111,800. The wider market, measured by Coindesk 20 (CD20) index, rose 11.8% from this week’s bottom, but dropped 3.5% in the last 24 hours to 3,727 points. It is under -priesting BTC that dropped 2.8% in the same period.
Crypto Market Maker Wintermute said the sale unfolded in a close synchronized wave that tested eternal contract trading platforms.
“Violent price movement quickly led to liquidity disappearing from the wider market,” Wintermute wrote. “When prices post, liquidity came back quickly.”
Sam Macpherson, CEO of Phoenix Labs and a core contributor to the Spark Protocol, Coindesk said that the volatility “Served as a real -time stress test for defense underlying infrastructure. “He added that” Blue Chip Collateral played a big role here and served as a stabilizing base through the shaking of the market. “
Despite the chaos, signs point to continued institutional beliefs. Citi is reportedly planning to launch Crypto Coopolation Services in 2026 and is adapted to a wider push from Wall Street to offer regulated digital asset products. At the same time, Investment Bank China Renaissance collects $ 600 million for a BNB-focused investment vehicle in partnership with YZI Labs.
Foundation streams also remain resistant. Crypto Investment Products saw over $ 3.1 billion in net flow last week, according to CoinShares. Spot Bitcoin ETFs experienced $ 326 million of outflows yesterday showing jitters among investors.
With the shutdown of the US government in progress, the macrofone should have little impact on the market for the time being. Fed -Chairman Powell is talking later today, and dealers are monitoring it for clues on the central bank’s view of customs.
Instead, the focus will remain on how China responds to Trump’s extra tariffs. Stay aware!
What to look at
For a more comprehensive list of events this week, see Coindesk’s “Crypto Week ahead”.
- Crypto
- Macro
- 14 October at. 12:20: Federal Reserve President Jerome Powell speaks at the National Association for Business Economics (Nabe) Annual Meeting in Philadelphia, PA.
- Earnings (Estimates based on Factset -Data)
Token -events
For a more comprehensive list of events this week, see Coindesk’s “Crypto Week ahead”.
- Management votes and calls
- Sandbox DAO votes to enable property sale by letting landowners bundle and selling more packages via GBM X Sandbox Marketplace. Voting ends October 15th.
- Unlock
- Token launches
- October 14: Sandchain, a ZK-powered Ethereum Layer-2, launched.
Conferences
For a more comprehensive list of events this week, see Coindesk’s “Crypto Week ahead”.
Token Talk
By Oliver Knight
- Plasma Fell another 13.5% on Tuesday and extended its losses to 52% since debut at the end of September.
- The stablecoin-focused LAG-1 blockchain faces skepticism about its tokenomik and large “ecosystem & growth” awards.
- Circulating Supply is at 1.8 billion against a total of 10 billion, pointing to many years of potential sales pressure when awarded tokens unlocking.
- Tokens was sold in the public round of $ 0.05 each, leaving ICO buyers comfortably in profits at current prices of about $ 0.41.
- Investors who bought after exchange lists face steep losses in the midst of weak market mood.
- Analysts expect that continued downward pressure when the early investor -tokens become fully fluid, Icodrops data shows that a larger unlock in 2nd quarter will occur from 2026.
Derivatives Location
- The BTC Futures market seems to stabilize after its recent volatility. Open interest rates have settled around $ 25.5 billion and show no major changes from yesterday after this weekend’s significant fall. The 3-month annual basis now acts at a lower interval of 5-6%, a decrease from its former rebound and indicates an easy cooling of bullish atmosphere. A key settlement remains in financing rates, with Bybit’s rate becoming negative to -5%, while hyperliquids remain positive at 10%. This suggests a mixed and complex market mood with strong but isolated long and short conviction across different platforms.
- The market for BTC Options shows a significant bullish acceleration. The 24-hour put/call volume is now grossly balanced at a 50-50 split, a shift from being called dominated, while 1-week 25 delta crook has spiked dramatically to 12.62%. This high positive crooked indicates a significant premium for call options over puts showing that dealers are aggressively ranking upward price and are willing to pay a prize for bullish exposure.
- Coinglass data shows $ 627 million in 24 hours of liquidation with a 70-30 split between along and shorts. ETH ($ 185 million), BTC ($ 125 million) and others ($ 69 million) were leaders in terms of nominal liquidation. Binance -likvidation Heatmap indicates $ 110,600 as a core liquidation level to monitor, in case of a price drop.
Market movements
- BTC is down to 3.86% from 1 p.m. 16 A Monday of $ 111,363.19 (24 Hours: -3.22%)
- ETH has fallen 7.01% of $ 3,991.50 (24 hours: -4.3%)
- Coindesk 20 has fallen 6.02% at 3,712.40 (24 hours: -3.74%)
- Ether Cesr Composite Staking Rate has fallen 1 BPS at 2.91%
- BTC financing rate is 0.0008% (0.8924% annual) on Binance
- DXY has increased by 0.17% at 99.43
- Gold Futures have risen 0.14% of $ 4,138.90
- Silver Futures have risen 0.14% of $ 50.50
- Nikkei 225 closed 2.58% at 46,847.32
- Hang bed closed 1.68% at 25,455.05
- FTSE has dropped 0.32% at 9,412.64
- Euro Stoxx 50 has fallen 1.02% at 5,511.68
- Djia closed Monday up 1.29% at 46,067.58
- S&P 500 closed 1.56% at 6,654.72
- Nasdaq Composite closed 22,694.61
- S&P/TSX Composite closed 1.38% at 29,850.89
- S&P 40 Latin America closed 1.72% at 2,833.94
- US 10-year-old Treasury is down 3 BPS at 4,021%
- E-MINI S&P 500 Futures are down 0.91% at 6,633.75
- E-MINI NASDAQ-100 FUTURES ARE DOWN 1.14% AT 24,638.75
- E-MINI DOW JONES Industrial Average Index has fallen 0.57% at 46,032.00
Bitcoin statistics
- BTC Dominance: 59.52% (0.86%)
- Ether to Bitcoin ratio: 0.03572 (-3.07%)
- Hashrate (Seven-Day Sliding Average): 1,052 EH/S
- HashPrice (Spot): $ 46.91
- Total fees: 2.87 BTC / $ 330,491
- CME Futures Open Interest: 140,690 BTC
- BTC priced in gold: 26.9 oz
- BTC VS GOLD MARKET CAP: 7.59%
Technical analysis
- Tao has been one of the most priesting assets over the past week, with awards rebound to levels seen before October 10 collapse.
- The asset has successfully regained the 50-week EMA and broken its daily downward trend and closed on $ 447 yesterday. However, this area votes closely with the annual open, which currently acts as short -term resistance.
- For Bullish Continuation, dealers would like to see a weekly close over the $ 390 level and for price to maintain support over the 50-week EMA, confirming the shift in trend strength.
Crypto shares
- COINBASE GLOBAL (COIN): CLOSED Monday at $ 356.99 (-0.01%), -3.83% to $ 343.31 in the market before market
- Circle Internet (CRCL): Closed to $ 137.47 (+3.41%), -3.09% to $ 133.22
- Galaxy Digital (GLXY): Closed at $ 41.23 (+4.7%), -4.22% to $ 39.49
- Bullish (BLSH): Closed to $ 59.55 (-1.42%), -4.2% to $ 57.05
- Mara Holdings (Mara): Closed to $ 20.24 (+8.53%), -3.95% to $ 19.44
- Riot Platforms (Riot): Closed to $ 21.70 (+3.28%), -4.52% to $ 20.72
- Core Scientific (Corz): Closed to $ 19.21 (+3.73%), -2.6% to $ 18.71
- Cleanspark (CLSK): Closed to $ 20.04 (+3.94%), -5.09% to $ 19.02
- COINSHARES VALKYRIE BITCOIN MINERS ETF (WGMI): CLOSED TO $ 60.86 (+9.97%), -1.61% TO $ 59.88
- Exodus Movement (2.
Crypto Treasury Companies
- Strategy (Mstr): Closed to $ 315.47 (+3.5%), -3.96% to $ 302.98
- Semler Scientific (SMLR): Closed to $ 26.33 (-1.75%), -1.71% to $ 25.88
- Sharplink Gaming (SBet): Closed at $ 16.13 (+5.32%), -6.08% to $ 15.15
- Upexi (Upxi): Closed to $ 6.48 (+2.05%), -6.64% to $ 6.05
- Lite strategy (lits): closed to $ 2.15 (-12.96%), -2.33% to $ 2.10
Etf is flowing
SPOT BTC ETFS
- Daily Net Tream: -$ 326.4 million
- Cumulative net streams: 62.4 billion dollars
- Collected BTC holdings ~ 1.36 million
SPOT ETH ETFS
- Daily Net Tream: -$ 428.5 million
- Cumulative net streams: $ 14.49 billion
- Collected Eth Holdings ~ 6.84 million
Source: Father’s page -Investors
While you were asleep
