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Bitcoin rally smashes past $116k on softer Fed bets: What changes next?Crypto markets started this new week with a surge powered by a rare alignment of favorable macroeconomic shifts. According to CryptoSlate data, Bitcoin climbed to a fresh intraday high above $116,000 before stabilizing near $115,587 as of press time. Notably, this is its highest price level in weeks and shows that it is within sight of its prior record. Ethereum tracked the move, pushing toward $4,200, while Solana rose past the $200 level. Other top digital assets like BNB, Cardano, Chainlink, and Hyperliquid also registered significant gains in the reporting period. The synchronized uptrend signaled renewed momentum after several sessions of exhaustion and consolidation across major altcoins.


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Bitcoin vs. Gold: Does October’s near zero correlation shatter ‘digital gold’ myth?Bitcoin and gold have told two different stories so far in October, and neither matched what traders expected. For most of October, Bitcoin and gold looked like they were living in different markets. Gold climbed steadily, adding about 10% over the last month, while Bitcoin slipped roughly 6%. That divergence is interesting on its own, but the timing matters even more, because the story people think they saw isn’t the one that actually happened.
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The worst bull run ever? How institutions, memes, and macro turned crypto’s glory cycle into a grind.For a market supposedly in a bull run, it doesn’t feel like one. Sure, Bitcoin may have set a couple of record highs this cycle, but the rallies have been uneventfully yawn-inducing, and the corrections have been savage. Altcoins are down 90% or more. Retail has vanished. And even the diehards are wondering if this so-called bull cycle deserves the name at all. This is, by many accounts, the hardest bull market crypto has ever seen. Bitcoin has doubled since its 2023 lows, but the soul of the market feels hollowed out. What happened? Altcoin trader “Crypto Birb” breaks it down into three main reasons.
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Bitcoin rally smashes past $116k on softer Fed bets: What changes next?Crypto markets started this new week with a surge powered by a rare alignment of favorable macroeconomic shifts. According to CryptoSlate data, Bitcoin climbed to a fresh intraday high above $116,000 before stabilizing near $115,587 as of press time. Notably, this is its highest price level in weeks and shows that it is within sight of its prior record. Ethereum tracked the move, pushing toward $4,200, while Solana rose past the $200 level. Other top digital assets like BNB, Cardano, Chainlink, and Hyperliquid also registered significant gains in the reporting period. The synchronized uptrend signaled renewed momentum after several sessions of exhaustion and consolidation across major altcoins.