The Volatility Returns

DAILY MARKET OVERVIEW

Will BTC Hold?

👋 Hey, Crypto Enthusiasts! The market is back in full swing - and volatility is once again reminding everyone who’s boss.

Today, Bitcoin printed another heavy red candle, sliding into the $118k range, dragging altcoins down with it in a full-blown crypto bloodbath.

So... what happened this time?

🧾 Tariffs Strike Again

Yes, tariffs.

Trump said he’s weighing a "massive increase" in tariffs on Chinese imports over a dispute regarding rare earth elements, and the markets did not take it lightly.

🔼 The Volatility Index (VIX) jumped over 25%, signaling real uncertainty and nervousness across the board.

At the same time, gold prices have been soaring near $4000 per ounce, up 50% this year and double over the past two years - wild for an asset known to move slower than a glacier.

So, what’s driving gold’s monster move ❓️ 

Central banks - especially China - are stacking gold at record levels. Ever since the U.S. froze Russia’s dollar reserves in 2022, nations have been rethinking their dependence on the dollar and diversifying away from U.S. Treasuries.

• They’re piling into hard assets instead.

This is the "debasement trade" at work: when governments overspend and print too much, people and institutions start reaching for harder stores of value.

💡 What This Means for Bitcoin & Crypto

Historically, when gold stalls after a big rally, Bitcoin often steps in as the next risk-on "hard money" play.

That rotation could be setting up again.

Interestingly, 71% of all Bitcoin is still held by retail investors, while institutional exposure remains surprisingly low.

But that’s starting to change. Luxembourg just became the first European country to buy Bitcoin for its sovereign wealth fund - roughly $7 million worth. Small in size, huge in symbolism.

Overall, while fear is dominating headlines today, we’re still bullish heading into Q4.

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😨 Panic in Altland

Altcoins took another beating alongside BTC today, painting the charts deep red.

Here’s what we’re watching:
If Bitcoin holds above $118k on the daily close and starts grinding upward into the weekend, it could open the door for a sharp altcoin rebound.

If not - expect more pain before the next leg up.

Our watchlist for this dip:

• 🐕 Dogecoin (DOGE) - The chart looks strong against both USD and BTC. We see potential for a solid move in the next 3 months.

• 🔗 Chainlink (LINK) - Our favorite institutional bet. With deep ties to traditional finance (including SWIFT) and growing relevance as the bridge between legacy systems and crypto, LINK looks like a strong Q4 play.

• 🐻 Bera - A high-risk, high-reward pick. As a newer chain showing relative strength and a promising chart setup, it could deliver if BTC stabilizes.

For now, patience is key. Volatility is high, fear is spiking, and the best move might be to wait for Bitcoin to settle before going heavy on alts.

👀 We’ll keep watching closely - especially how BTC behaves around the $118k level.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Morgan Stanley to Open Crypto Access to All Client Accounts, Including Retirement Plans
Morgan Stanley will allow all clients, including retirement accounts, to invest in bitcoin and ether funds starting Oct. 15.

$21 Million Stolen from Hyperliquid User After Private Key Compromise
A Hyperliquid trader lost $21 million after a private key breach, highlighting persistent wallet security risks.

Zcash Reclaims $200 Level After Three Years as Privacy Coins Rally
Zcash surged 40% to $230 amid renewed market interest in privacy-focused cryptocurrencies.

Coinbase and Mastercard in $2 Billion Bidding Race for Stablecoin Firm BVNK
Coinbase and Mastercard are competing to acquire BVNK, with Coinbase reportedly close to sealing a deal worth up to $2.5 billion.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Benjamin Cowen – Bitcoin Dominance: The Final Rotation is already Happening (10.10.2025 Summary)

Benjamin Cowen says the long-expected rotation from altcoins to Bitcoin is already underway. While many traders still hope for “alt season,” he argues the data shows capital is flowing back to BTC, just as it did in 2017 and 2020.

Cowen’s Outlook – Key Points

• Dominance is climbing – Bitcoin dominance bottomed near 57% in September and has already risen to 59%, confirming the shift toward BTC.

• History repeating – In both 2017 and 2020, October saw dominance jump from 59% to 64%, followed by a Bitcoin-led rally.

• Altcoins are bleeding – On their BTC pairs, most alts have been sliding since September, showing clear weakness.

• No real alt season yet – Every supposed “alt season” this cycle (ETH merge, Solana run, meme coin boom) ended with lower highs.

• Bitcoin leads the bull market – Cowen insists that BTC must lead; when altcoins start outperforming, it usually signals the end of the cycle.

• Liquidity flows to the king – Rising dominance means market confidence is consolidating around Bitcoin, not dispersing across alts.

Final Takeaway

Cowen believes the “final rotation” into Bitcoin has already started. Altcoins may rally later, but for now, the smart move is to follow liquidity, and that’s heading straight to BTC.

Ivan On Tech – If you are a BITCOIN holder... GET READY (10.10.2025 Summary)

Ivan remains bullish on Bitcoin and crypto, but he’s urging caution. While the charts still look strong long-term, he warns that we may see short-term volatility before a major breakout. He emphasizes managing risk and avoiding complacency as Q4 heats up.

Ivan’s Outlook – Key Points

• We’re in a “bullish but not complacent” phase – BTC has made higher highs, but the breakout isn't convincing yet

• Key level to watch – If BTC closes above 127K, Ivan flips from 70% bullish to 90% bullish

• Potential pullback to 110K – He calls this "getting sent back to the lobby," a pattern seen before

• Q4 can be explosive – Historically, it's where the biggest gains (and risks) happen

• Privacy coins like Zcash are gaining attention – Ivan sees it as a hedge against rising digital surveillance

• Institutional adoption grows – Luxembourg is allocating 1% to BTC, a strong signal for ETFs and confidence

• Altseason still delayed – Alts need clearer Bitcoin direction before taking off

Final Takeaway
Ivan is bullish and positioned for upside but stays flexible. He sees a big run ahead if BTC confirms strength soon – but warns this isn’t the time for blind optimism. Smart positioning and risk control are key.

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