🚨 FED MINUTES: ANOTHER HIKE STILL ON THE TABLE. The latest Federal Reserve minutes are keeping markets on edge. Officials unanimously supported the September 25-basis-point hike, taking the federal funds target to 3.75%–4.00%. More importantly, most policymakers said another increase by year-end would likely be appropriate, although future decisions remain dependent on incoming data.
The message is clear: inflation is still the Fed main concern, and policymakers are not ready to declare victory yet. The minutes also point to upside inflation risks linked to strong demand, energy pressures and AI-related investment.
For BTC, this is a short-term headwind. A higher for longer Fed can strengthen the dollar, push yields higher and reduce liquidity available for risk assets like Bitcoin.
Gold (XAU) faces similar pressure from higher real yields and a stronger dollar, although safe haven demand can cushion the downside.
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🇨🇳 October 6 | Crypto Market Brief $BNB 🧧 📊 BTC’s third attempt at $87K gets pushed back again
BTC is currently around $85.6–86.0K, after touching near $87K again yesterday before pulling back; ETH is around $2.71K, and SOL around $120.5.
BTC has faced selling pressure near $87K for the third time in a row, but the lows are gradually rising. The market is waiting for a decisive move. Total crypto market capitalization is around $2.93T.
🔴 ETF flows cool again
On October 5, U.S. spot BTC ETFs saw net outflows of around $89.9M, ending two consecutive days of net inflows. ETH ETFs saw net outflows of around $51M, marking their fifth consecutive day in the red.
SOL ETFs saw around −$9.3M, and ZEC ETFs around −$3.6M.
Institutional funds haven’t disappeared, but they have clearly slowed down in the short term.
🏦 Companies continue buying BTC and ETH
In its latest disclosure, Strategy said it had bought another 334 BTC, bringing its holdings to around 848,000 BTC.
Meanwhile, Strive bought around 2,000 BTC, while BitMine added around 15,112 ETH.
Prices are moving sideways, but corporate treasuries are still steadily absorbing spot supply.
🔥 HYPE faces a major unlock today
Hyperliquid is releasing 3.75M HYPE today, worth around $340M and representing about 1.69% of the circulating supply.
However, these tokens are not being sold directly on the open market. The team is selling them over the counter to a single institutional buyer, so the actual short-term selling pressure may be lower than the headline figure suggests.
🌡️ Another conflicting macro signal
The U.S. September ISM Services PMI fell to 54.9, indicating that the economy is still expanding; however, Prices Paid rose to 74, its highest level since July 2022.
The economy hasn’t clearly lost steam, but price pressures are heating up again. This is also an important reason why Treasury yields and the U.S. dollar continue to weigh on BTC.
⛓️ Ethereum: Glamsterdam enters a critical testing phase
Ethereum is testing the Glamsterdam upgrade on the Sepolia testnet today.
This is an important test ahead of the mainnet upgrade, but it is not a mainnet launch. An official date has not yet been set.
📊 Market Snapshot
BTC ≈ $85.6–86.0K ETH ≈ $2.71K SOL ≈ $120.5 BTC Dominance ≈ 58% Fear & Greed ≈ 73 Market Cap ≈ $2.93T
🎯 Today’s market is actually pretty simple:
$85K is holding, $87K hasn’t been broken, ETF flows are cooling, but corporate treasuries are still buying.
There’s resistance above, and buyers are stepping in below.
Bitcoin in China: Estimates put China national Bitcoin holdings at approximately 194,000 $BTC This refers to estimated national holdings, not individual investors. 📊 #BTC走势分析 #October #Cryptology_7
Bitcoin has historically performed well in October, with an average return of 18.52%. Since 2013, Bitcoin has closed higher in October 10 times out of 13. Across these 13 October market cycles, Bitcoin recorded an average return of 18.52% and a median return of 12.73%. 📊
October 2013 saw the biggest gain, with a 60.79% increase, while October 2014 recorded the largest loss of 12.95%.
$BTC also had a strong September 2026, gaining 6.33%. This was the second highest September return in its history, behind only October 2024's 7.29%.
Will Bitcoin continue its historical trend and deliver strong performance this October, or will the market take a different direction? #BTC走势分析 #BTC #BitcoinOctober
$ONE Showing a Bullish Momentum 📈 I opened a 14x Long on ONEUSDT around 0.0016099, and the position moved to 0.0016358, giving me +1.16 USDT unrealized profit.
The reason for the trade was simple: I was watching for upside momentum around the entry area rather than chasing a large move after it had already happened.
⚡Entry around 0.00157/0.0016078
⚡TP 1 0.0016437 ⚡TP 2 0.0016915 ⚡TP 3 0.0017119
⚡SL 0.0015026
My focus here is not just the green number. I’m watching whether ONE can maintain momentum and continue making higher prices. 📈
CPI is the next big test for markets. After Nonfarm Payrolls beat expectations, the Fed faces a tougher decision: hike, hold, or wait for more evidence? 🔥
My view is that a strong jobs market alone may not be enough for another rate hike. CPI will matter more. If inflation comes in hotter than expected, markets could price in a more hawkish Fed, putting pressure on stocks and supporting gold volatility. But if CPI cools, the Fed may have more room to hold rates and keep financial conditions stable.
I’m watching both scenarios rather than chasing one prediction. For me, the key is how CPI changes expectations for the next Fed move.