๐ Global Crypto News โ 1 October 2026
Market: Bitcoin is trading around $84,000, with ETF inflows providing support, although spot demand has moderated.
Bitcoin (BTC): Around โน80 lakh in India, up roughly 0.7% in the latest ET Markets snapshot.
Ethereum (ETH): Around โน2.58 lakh, with ETH also showing positive movement.
BNB: Around โน73,500, up about 1.2%.
XRP: Around โน143, slightly weaker in the latest snapshot.
Solana (SOL): Around โน11,300, broadly flat.
๐ฅ Major developments
1. Citi raises BTC & ETH forecasts
Citigroup raised its 12-month Bitcoin forecast from $82,000 to $113,000 and its Ether forecast from $2,240 to $3,028, citing stronger crypto activity, supportive macro conditions and renewed ETF inflows. These are Citi's forecasts, not guaranteed outcomes.
2. Binance faces EU regulatory scrutiny
EU regulators are examining Binance's continued service to EU customers following MiCA licensing issues. Binance says it is operating within the applicable rules and pursuing authorization.
3. Stablecoin regulation remains important
The U.S. Federal Reserve proposed new rules for dollar-backed stablecoin issuers on September 24, following the GENIUS Act.
4. Institutional demand remains a key market driver
U.S. spot Bitcoin ETFs recently recorded their strongest weekly inflows of 2026, providing an important source of demand as October begins.
Overall: Today's crypto market is being driven mainly by Bitcoin ETF flows, institutional activity, regulation, and macroeconomic conditions. The market remains volatile, so short-term price moves can change quickly.
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Market: Bitcoin is trading around $84,000, with ETF inflows providing support, although spot demand has moderated.
Bitcoin (BTC): Around โน80 lakh in India, up roughly 0.7% in the latest ET Markets snapshot.
Ethereum (ETH): Around โน2.58 lakh, with ETH also showing positive movement.
BNB: Around โน73,500, up about 1.2%.
XRP: Around โน143, slightly weaker in the latest snapshot.
Solana (SOL): Around โน11,300, broadly flat.
๐ฅ Major developments
1. Citi raises BTC & ETH forecasts
Citigroup raised its 12-month Bitcoin forecast from $82,000 to $113,000 and its Ether forecast from $2,240 to $3,028, citing stronger crypto activity, supportive macro conditions and renewed ETF inflows. These are Citi's forecasts, not guaranteed outcomes.
2. Binance faces EU regulatory scrutiny
EU regulators are examining Binance's continued service to EU customers following MiCA licensing issues. Binance says it is operating within the applicable rules and pursuing authorization.
3. Stablecoin regulation remains important
The U.S. Federal Reserve proposed new rules for dollar-backed stablecoin issuers on September 24, following the GENIUS Act.
4. Institutional demand remains a key market driver
U.S. spot Bitcoin ETFs recently recorded their strongest weekly inflows of 2026, providing an important source of demand as October begins.
Overall: Today's crypto market is being driven mainly by Bitcoin ETF flows, institutional activity, regulation, and macroeconomic conditions. The market remains volatile, so short-term price moves can change quickly.
please like share and follow