
U.S. Spot Bitcoin ETFs Log $61.3M Inflows; EIGEN Launches at $4.05: News of October 1, 2024
U.S. spot bitcoin ETFs continued their inflow streak, logging $61.3 million on Monday. EIGEN token launched, opening at $4.05 with a $6.8B FDV.

U.S. spot bitcoin ETFs continued their inflow streak, logging $61.3 million on Monday. EIGEN token launched, opening at $4.05 with a $6.8B FDV.

FTX Token surged 113% on speculation about repayments, despite repayment rumors being debunked. ETH hit its highest fees in 3 months, while major token unlocks next week are expected to shake up the market.

Bitcoin's price climbed above $65k, driven by optimism surrounding a potential "soft landing" for the US economy. However, some analysts suggest a possible dip below $60k could follow. Meanwhile, other crypto news includes Arthur Hayes' meme coin investments and Shiba Inu's market cap surge.

Bitcoin dips below $64K after hitting a one-month high. Key resistance at $65K remains solid, requiring high-volume buying to surpass. Meanwhile, Hamster Kombat teases NFT integration and token buybacks ahead of its airdrop.

SUI’s recent performance highlights a strong surge in trading volume and total value locked, reaching new milestones in the DeFi space. The growth of protocols like Navi, Scallop, and SuiLend has significantly contributed to this upward trend.

Bitcoin must surpass $65,200 to reverse its downtrend, according to analysts. Ethereum's outperformance hints at the potential start of a broader altcoin rally, while Solana-based $WIF leads the day's gains among top cryptocurrencies.

Last week, digital asset investment products recorded net inflows of $321 million for the second consecutive week, largely influenced by the Fed’s rate cuts. As Q4 approaches, the crypto landscape is poised for significant change, with $TAO capturing community interest.

Bitcoin surged to $62,600 after the Federal Reserve announced a 0.5% rate cut, marking the third such event in history. Short positions across exchanges were liquidated, with $128M in total losses.
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