ZEROBASE WOCHENRÜCKBLICK 9.28–10.4

ZEROBASE · 2026-10-05T09:41:49.000Z

ZBT bewegte sich diese Woche in einer engen, leicht schwächeren Spanne, meist zwischen 0,083 und 0,090 US-Dollar. Am 28. September eröffnete der Kurs bei etwa 0,090 US-Dollar, fiel noch am selben Tag auf ein Tief von 0,083 US-Dollar und schloss bei 0,0852 US-Dollar – ein Minus von rund 5,2 %. Das Spot-Handelsvolumen blieb mit etwa 2,5 bis 4 Millionen US-Dollar pro Tag geordnet, und beim Kursrückgang verschwanden die Kaufgebote nicht. Der Kryptomarkt verarbeitete einen Zinsschock am Anleihemarkt und anschließend schwache US-Arbeitsmarktdaten. Der Gesamtmarktwert schloss bei etwa 2,91 Billionen US-Dollar und lag damit rund 0,1 % unter dem Stand vom 27. September. Die Bitcoin-Dominanz stieg leicht von 58,6 % auf 58,9 %; Ether hielt sich bei 11,3 %. Nur 15 der 50 größten Coins schlossen im Plus, und die Medianveränderung lag bei etwa −2,4 %.

ZBT traded a tight, slightly weaker range this week, mostly between $0.083 and $0.090. It opened September 28 near $0.090, sold off to a $0.083 low the same day, and closed at $0.0852, down about 5.2%. Spot volume stayed orderly at roughly $2.5–4 million a day, and the bid did not disappear on the dip.
Crypto digested a bond shock, then a soft U.S. labor print. Total market value finished near $2.91 trillion, down about 0.1% from September 27. Bitcoin dominance edged up to 58.9% from 58.6%; Ether held 11.3%. Only 15 of the top 50 coins finished higher, and the median move was about −2.4%.
Bitcoin opened near $84,500 on September 28, printed a low around $82,630 the same day, then spiked above $87,000–$87,100 on October 2 after the jobs report. That high did not hold. By October 3–4, spot was back in the mid-$84,000s to about $85,400, before a Sunday push toward $86,700. On a Sunday wrap it was only about +0.3% at $85,232, still roughly 32% below its all-time high, and +7.4% over 30 days. The week was a pause after a third quarter in which Bitcoin gained about 44%.
Ether tracked the same path and lagged, touching about $2,777 before finishing the wrap near $2,699, down about 0.4% on the week and up about 10.1% over 30 days. Solana was roughly flat near $121–$122.
The 10-year Treasury yield pushed to about 5.25% on September 28 and touched 5.34% around October 1, the highest since 2002. Brent closed September 28 at $105.28 after President Trump rejected Iran’s terms for reopening the Strait of Hormuz, then settled the week near $102.25. Weekend tanker strikes and Iranian statements that the strait stays shut kept the premium in place. Gold fell about 3.4% to roughly $4,140.
August PCE on September 30 cooled the hike case: headline 3.4% year over year versus 3.7% expected, core 3.0% versus 3.3%. September payrolls then rose only 29,000 against a forecast near 90,000. Unemployment ticked up to 4.2%, and the prior two months were revised down by about 60,000. October hike odds fell from roughly 70% to about 22–23%. The 10-year still finished above 5.2%.
Equities split the same way. For the week ending October 2, the Dow fell 1.26% to 51,176.96, the S&P 500 fell 0.27% to 7,722.72, and the Nasdaq rose 0.45% to 27,190.86. Friday alone was a relief rally, led by mega-cap tech.
Spot Bitcoin ETFs took in about $2.65 billion in September, but only +$82.9 million from September 28 to October 2, versus roughly $2.39 billion the prior week. One session, September 30, saw −$148.7 million. Ether ETFs lost about $118 million over the same window. Fear & Greed stayed in Greed, dipping to 65 on October 1 from 74 and recovering to about 69–70.
On-chain supply was firmer than price. As of September 27, seven-day average net exchange outflows were about 16,100 BTC per day, the strongest since early October 2025. Binance alone saw more than 13,800 BTC leave on September 25, and its reserves fell by about 20,000 BTC in four days. Short-term holder supply rose 87,000 BTC over 30 days to 3.94 million by October 4, with an average cost near $74,100 and unrealized profit around 15%.
September 28–October 4 was a range, not a trend. Softer inflation and a 29,000 payroll print let Bitcoin retest $87,000, but a 10-year still above 5.2% and a closed Strait of Hormuz capped it. ETF demand downshifted from billions to tens of millions, while coins continued to leave exchanges. The next test is the September FOMC minutes, and whether oil and the long end give back enough of the quarter’s repricing for that bid to matter.