【Oct. 8 Early-Morning Recap】Crypto Markets Amid Geopolitical Storms
Last night, $BTC briefly fell below $84,000. The trigger was the Iranian Revolutionary Guard Corps’ announcement that it would blockade the “illegal shipping lanes” of the Strait of Hormuz, sending oil prices surging and stoking risk aversion. Meanwhile, the 30-year U.S. Treasury yield climbed to its highest level since 2002, and global gold ETFs attracted a record $31 billion in the third quarter—traditional investors are flocking to safe-haven assets.
But it wasn’t all bad news in crypto:
🔸 Winklevoss filed an S-1 application with the SEC for a $ZEC spot ETF, seeking a Nasdaq listing—a major institutional endorsement for the privacy sector
🔸 INJ had a standout week: Robinhood listed it, Canary filed for a staked INJ ETF, and on-chain transaction volume surpassed 3 billion
🔸 A cautionary tale: Blast announced it would shut down, and BLAST trading will be suspended on Coinbase on October 20. Holders must transfer their tokens out by October 26
Macroeconomic pressures (oil prices and Treasury yields), combined with a shake-up within crypto (older projects exiting and ETF offerings expanding), have put the market at a crossroads of shifting trends. CME data shows the probability of the Fed holding rates steady in October has risen to 83%. Short-term liquidity is unlikely to bring surprises, so prioritize managing position sizes.
NFA | DYOR
#比特币 #加密货币 #BTC复盘 #ZEC #Geopolitics
Last night, $BTC briefly fell below $84,000. The trigger was the Iranian Revolutionary Guard Corps’ announcement that it would blockade the “illegal shipping lanes” of the Strait of Hormuz, sending oil prices surging and stoking risk aversion. Meanwhile, the 30-year U.S. Treasury yield climbed to its highest level since 2002, and global gold ETFs attracted a record $31 billion in the third quarter—traditional investors are flocking to safe-haven assets.
But it wasn’t all bad news in crypto:
🔸 Winklevoss filed an S-1 application with the SEC for a $ZEC spot ETF, seeking a Nasdaq listing—a major institutional endorsement for the privacy sector
🔸 INJ had a standout week: Robinhood listed it, Canary filed for a staked INJ ETF, and on-chain transaction volume surpassed 3 billion
🔸 A cautionary tale: Blast announced it would shut down, and BLAST trading will be suspended on Coinbase on October 20. Holders must transfer their tokens out by October 26
Macroeconomic pressures (oil prices and Treasury yields), combined with a shake-up within crypto (older projects exiting and ETF offerings expanding), have put the market at a crossroads of shifting trends. CME data shows the probability of the Fed holding rates steady in October has risen to 83%. Short-term liquidity is unlikely to bring surprises, so prioritize managing position sizes.
NFA | DYOR
#比特币 #加密货币 #BTC复盘 #ZEC #Geopolitics