BlockBeats News, Oct. 6: Binance Research said in its October market report that despite the Fed’s first rate hike since 2023 and the failure of the CLARITY Act to pass, the total crypto market cap rose 11% in September to $2.99 trillion.
Spot BTC ETFs recorded net inflows of $3.49 billion during the month, turning 2026 net flows positive for the first time on Sept. 23. BTC confirmed a “golden cross” on Sept. 8, with the 50-day moving average crossing above the 200-day moving average. The gap has since widened to around $7,500; historically, such deep resets have often been followed by strong recoveries.
Spot BTC ETFs recorded net inflows of $3.49 billion during the month, turning 2026 net flows positive for the first time on Sept. 23. BTC confirmed a “golden cross” on Sept. 8, with the 50-day moving average crossing above the 200-day moving average. The gap has since widened to around $7,500; historically, such deep resets have often been followed by strong recoveries.