Bitcoin has fully established above the 50-week moving average—first time in 45 weeks—which indicates improvement in the medium-term trend, and yesterday it even managed to touch $87K. Ethereum tested its 100-week SMA, touching $2800; now a small pullback is underway—so far nothing critical.

In the past 24 hours, positions worth $1+ billion were liquidated, including $843+ million in shorts. Open interest in Bitcoin has risen to $156 billion, trading volumes for BTC and altcoins have surged to March highs, and according to Santiment, market FOMO has reached 2024 levels. On Polymarket, the odds that Bitcoin will reach $95K by the end of the year are already being priced at 55%, and $100K at 43%.

A fun detail in the bigger picture: since August 3, when Jim Cramer announced he was selling all his Bitcoin due to fear of quantum computers (BTC was then around $63K), the asset has grown by 38%—and the crypto community is once again cheering “Cramer’s reverse indicator.”

✨ BitMine continues to make steady progress toward its “Alchemy 5%” goal: over the week, the company bought another 27,562 ETH, bringing reserves to 5.98 million coins (4.9% of the circulating supply)—that’s already 98% of the way to the stated target, and the total value of assets reached $17.1 billion. The company’s CEO, Tom Lee, said that in his view the bull market began back in late June—driven by capital rotation from AI back into crypto and the completion of a four-year cycle.

🍎 Meanwhile, Google and Apple are both simultaneously hiring specialists in stablecoins and tokenization— a strong signal of intent from both companies, even without announcing specific products.

📅 Today, the 81st session of the UN General Assembly (September 22–28) begins, with expected participation from Iranian leaders—an event that markets will be watching closely amid the ongoing escalation in the Middle East. Also today, a permanent member of the FOMC, the head of the New York Fed, John Williams, will speak—at a conference on the U.S. Treasury market.