Post
周周1688
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🇨🇳 Oct 2｜Crypto Market Brief
$BNB
📈 BTC reclaims $86K, the second day of Q4 continues to rebound
BTC is currently around $86.3K, briefly nearing $86.9K during the day; ETH is around $2.76K, SOL around $122.
Overall, the market has warmed up. Since the beginning of October, BTC has risen by about 3%. However, Treasury yields are still high, the dollar is strengthening, and macro pressure has not disappeared.
🔥 ETF inflows return as the core support
In September, the US spot BTC ETF recorded net inflows of about $2.65B, the second-strongest monthly performance since October 2025; ETH spot ETFs saw net inflows of about $832M in the same period.
On Oct 1, BTC ETFs again logged around $102.7M in net inflows, with the funds mainly flowing to BlackRock’s IBIT.
🏦 SEC: New framework for institutional crypto custody
The market is continuing to digest the SEC’s Crypto Custody proposal released yesterday.
Under the new scheme, qualified investment advisers and regulated funds may, under certain circumstances, self-custody crypto assets, and state-level trust companies may also be used as custodians.
However, note that this is still a Proposal—not the final rules. After the formal release, there will be a 60-day public comment period.
💰 Citi raises its BTC target to $113K
Citi raised its 12-month BTC target from $82K to $113K, and its ETH target from $2,240 to $3,028.
The report attributes the forecast adjustments mainly to ETF capital returning, higher activity in the crypto market, and an improving macro environment.
This is an institutional view, not a price guarantee.
⚡ The real test today: US Non-Farm Payrolls
US September NFP employment data will be released today.
The market previously expected an increase of about 90K jobs, with the unemployment rate staying at 4.1%. The employment report will directly affect how the market assesses the Fed’s interest-rate path for October.
Meanwhile, Core Lightning reminds users running older versions of nodes to upgrade as soon as possible—unupdated nodes are increasingly becoming targets of attacks.
📊 Market Snapshot
BTC ≈ $86.3K
ETH ≈ $2.76K
SOL ≈ $122
XRP ≈ $1.53
BTC Dominance ≈ 57%
Fear & Greed ≈ 72
Market Cap ≈ $2.99T
🎯 On Day 2 of Q4, the market’s logic is changing:
ETF inflows are back in, the institutional regulatory framework continues to move forward, BTC has reclaimed $86K,
But what will truly determine today’s行情 is still US employment data.
If Non-Farm Payrolls give the market more room for rate cuts, $87K will become the key level again.
Today, don’t listen to the story.
Look at the data.
#1688家族family #蓝朋友1688 #crypto #RWA赛道 #defi
$BNB
📈 BTC reclaims $86K, the second day of Q4 continues to rebound
BTC is currently around $86.3K, briefly nearing $86.9K during the day; ETH is around $2.76K, SOL around $122.
Overall, the market has warmed up. Since the beginning of October, BTC has risen by about 3%. However, Treasury yields are still high, the dollar is strengthening, and macro pressure has not disappeared.
🔥 ETF inflows return as the core support
In September, the US spot BTC ETF recorded net inflows of about $2.65B, the second-strongest monthly performance since October 2025; ETH spot ETFs saw net inflows of about $832M in the same period.
On Oct 1, BTC ETFs again logged around $102.7M in net inflows, with the funds mainly flowing to BlackRock’s IBIT.
🏦 SEC: New framework for institutional crypto custody
The market is continuing to digest the SEC’s Crypto Custody proposal released yesterday.
Under the new scheme, qualified investment advisers and regulated funds may, under certain circumstances, self-custody crypto assets, and state-level trust companies may also be used as custodians.
However, note that this is still a Proposal—not the final rules. After the formal release, there will be a 60-day public comment period.
💰 Citi raises its BTC target to $113K
Citi raised its 12-month BTC target from $82K to $113K, and its ETH target from $2,240 to $3,028.
The report attributes the forecast adjustments mainly to ETF capital returning, higher activity in the crypto market, and an improving macro environment.
This is an institutional view, not a price guarantee.
⚡ The real test today: US Non-Farm Payrolls
US September NFP employment data will be released today.
The market previously expected an increase of about 90K jobs, with the unemployment rate staying at 4.1%. The employment report will directly affect how the market assesses the Fed’s interest-rate path for October.
Meanwhile, Core Lightning reminds users running older versions of nodes to upgrade as soon as possible—unupdated nodes are increasingly becoming targets of attacks.
📊 Market Snapshot
BTC ≈ $86.3K
ETH ≈ $2.76K
SOL ≈ $122
XRP ≈ $1.53
BTC Dominance ≈ 57%
Fear & Greed ≈ 72
Market Cap ≈ $2.99T
🎯 On Day 2 of Q4, the market’s logic is changing:
ETF inflows are back in, the institutional regulatory framework continues to move forward, BTC has reclaimed $86K,
But what will truly determine today’s行情 is still US employment data.
If Non-Farm Payrolls give the market more room for rate cuts, $87K will become the key level again.
Today, don’t listen to the story.
Look at the data.
#1688家族family #蓝朋友1688 #crypto #RWA赛道 #defi
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.