1️⃣ Bitcoin Dominance Overshadows Several Important Crypto Trends
Bitcoin's market dominance is at the highest levels in years
2️⃣ Stablecoins can benefit financial system, Fed governor says
The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone.
3️⃣ Bitcoin Market Dominance Reaches 3-Year High—What's That Mean?
“The price is climbing toward the midpoint of this range, but it has not yet established a decisive breakout," one analyst told Decrypt.
In the last five trading days, spot bitcoin ETFs have seen net inflows of more than $2.1 billion, with BlackRock accounting for half of those sales.
5️⃣ Tether’s USDT hits record $120B market cap, flashing ‘Uptober’ signal
The $120 billion USDT market cap could spill into Bitcoin and Ether, ending their seven-month downtrend and saving the “Uptober” narrative.