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Rise is an all-in-one compliance and payments solution that provides automated routing between fiat and cryptocurrencies. It helps businesses onboard, manage, and pay local and international contractors while ensuring full compliance and easing burdensome tax processes.
Analysts Predict 10-Year US Treasury Yields Will Rise to 6%, Bitcoin May Not Face Downward Pressure
According to CoinDesk, the 10-year U.S. Treasury yield has continued to climb, with some analysts forecasting it will reach 6% (it last hit this level in 2000). Markus Thielen, founder of 10x Research, emphasized that the drivers behind the yield increase are critical: if the rise stems from concerns over fiscal deficits and term premiums, investors may shift to alternative assets such as Bitcoin, constituting a bullish development; if it stems from the Federal Reserve resuming its rate-hiking cycle, it would repeat the 2022 scenario of Bitcoin plummeting 64%. Data shows that since the end of 2023, the 10-year yield has risen by 135 basis points to 5.23%, while Bitcoin’s price simultaneously doubled to around $86,000, validating the "decoupling" narrative between Bitcoin and Treasuries amid fiscal concerns. Dan Niles, founder of Niles Investment Management, also noted that the U.S. fiscal deficit accounts for approximately 6% of GDP. Coupled with tech giants undertaking large-scale fundraising that competes with Treasuries for the same pool of capital, yields will continue to be pushed higher.
Goldman Sachs: AI Capital Expenditure to Rise 54% in 2027, Hyperscaler Valuations at Ten-Year Lows
According to Chaoxiang Research, a Goldman Sachs research report dated September 24, 2026, states that major U.S. hyperscalers will allocate capital expenditures of $800 billion in 2026, $1.2 trillion in 2027, and $1.4 trillion in 2028. The growth rate is projected to decelerate from nearly 100% in 2026 to 54% in 2027 and 12% in 2028. Goldman Sachs estimates that hyperscalers will need to generate approximately $300 billion in annual AI revenue over the next few years to achieve break-even, meaning AI users must spend around $1 trillion annually on AI applications. Valuations in the semiconductor sector remain conservative, with memory stocks trading at a two-year forward P/E of 4 times against a historical average of 8 times; fabless chip stocks at 13 times, compared to a historical average of 18 times.
Arthur Hayes: Rate Hikes or Increased Money Supply, Financial Assets Will Continue to Rise
Odaily reports: Arthur Hayes posted on the X platform that raising interest rates when government debt levels are high has a stimulative effect: bank reserve earnings increase, and the returns for holders of short-term Treasury bonds also increase, which overall will drive more consumption, especially consumption of financial assets.He stated that although the Federal Reserve stopped RMP purchases in mid-August, when accounting for bank balance sheet expansion, the combined assets of the Federal Reserve and banks are still growing and creating money. As the quantity of money increases, even if its price rises, financial assets will continue to appreciate.
Standard Chartered: RWA Tokenization Could Reach $4 Trillion, LINK May Rise to $200 by End of 2030
Odaily News: Standard Chartered Bank's Head of Global Digital Assets Research, Geoff Kendrick, stated that as the tokenization of Real World Assets (RWA) accelerates, the price of Chainlink (LINK) tokens could rise to $200 by the end of 2030, representing an increase of over 25 times from its current level of approximately $8.In his latest report, Kendrick predicts that the scale of tokenized RWA will reach $4 trillion by the end of 2028. As more traditional assets are brought on-chain, the demand for secure and reliable off-chain data is expected to increase significantly, which could further boost Chainlink's fee revenue and drive up LINK's valuation.The report also projects that by the end of 2030, the scale of tokenized assets and crypto-native assets deployed in decentralized finance (DeFi) will grow approximately 37-fold to reach $2.7 trillion. Kendrick believes these assets require trusted data, cross-network interoperability, privacy-preserving compliance mechanisms, and integration with the existing financial system—infrastructure that Chainlink currently has the capability to provide.Demand for RWA tokenization has continued to grow recently. Data shows that trading volume of tokenized RWAs on decentralized exchanges (DEXs) hit an all-time high of $14.1 billion in July, up 19.5% month-over-month, driven primarily by public market assets such as tokenized stocks.Currently, Chainlink remains one of the largest decentralized oracle service providers in the crypto industry, with a Total Value Secured (TVS) of approximately $34.4 billion—significantly higher than second-ranked Chronicle's $7.36 billion.However, Kendrick also noted that the prediction of LINK reaching $200 still faces risks, including institutional tokenization projects progressing slower than expected, intensified competition from specialized oracle service providers, and potential technical issues. (Cointelegraph)
TownSquare Sonar Public Sale Oversubscribed by 186%, Pre-Market Trading Demand Continues to Rise
According to official announcements, TownSquare's Sonar public sale with a $200 million valuation was completed at 9 PM Singapore time on Sunday night, ending with a 200% oversubscription. This represents the highest oversubscription performance for a Sonar public sale this year, excluding MegaETH. Due to the oversubscription, the public sale will be settled based on proportional rules and an order from small to large amounts.
Analysis: US Treasury Yields Rise to Highs, Four Major Risk Factors Weighing on Bitcoin Rebound
CryptoQuant analyst Axel Adler pointed out in a weekly report analysis that the US 10-year Treasury yield has recently risen to approximately 4.7%, approaching the upper limit of the range over the past five years. The high-interest rate environment is tightening financial conditions, raising financing costs and asset discount rates, and increasing pressure on risk assets.
Analysts Expect 10-Year U.S. Treasury Yield Could Rise to 6%, Bitcoin's Performance Depends on the Reason for the Upside
Odaily News: Some analysts expect that the 10-year U.S. Treasury yield could rise to 6%, driven by concerns over the federal fiscal deficit, debt growth, and capital competition. Since the end of 2023, the yield has risen to 5.23%, while Bitcoin's price has roughly doubled to $86,000.If yields rise due to fiscal concerns, investors may seek alternatives to government debt, and Bitcoin could benefit; if the rise in yields is driven by the Federal Reserve tightening monetary policy again, Bitcoin could come under pressure. (CoinDesk)
Bernstein: Crypto CLARITY Act Passage Odds Rise Above 30%, Shorts Under Pressure
According to Chaoxiang research, Bernstein's September 14, 2026 report indicates that the Kalshi prediction market has rebounded to a greater than 30% probability for the passage of the CLARITY Act. The CLARITY Act, officially the Digital Asset Market Clarity Act, centers on establishing a federal regulatory framework for the U.S. cryptocurrency market, delineating regulatory boundaries between the SEC and CFTC, and clarifying exchange compliance requirements and stablecoin yield rules. The latest Senate Republican draft has made substantive concessions on Trump-related ethics provisions and incorporates a "new circuit breaker" clause to address concerns over deposit outflows from community banks. A procedural vote is scheduled for Tuesday, with the Federal Reserve set to announce its interest rate decision on Wednesday.
BIT: Bitcoin Records Strongest Rally Since 2023 Banking Crisis as Expectations for Macro Policy Support Rise
In its published analysis, BIT notes that Bitcoin is experiencing its strongest rally since the collapses of Silicon Valley Bank and Signature Bank in March 2023. During that period, US authorities implemented emergency measures to stabilize the banking system, and the current market sentiment mirrors that era—the recent interventions by the US Treasury in the Japanese yen FX market and bond markets have heightened investor expectations for further macroeconomic policy support. Meanwhile, the SEC's proposed regulatory framework for crypto assets has sent increasingly favorable signals, further bolstering market sentiment. BIT's official Chinese-language analysis indicates that Bitcoin has regained its upward momentum, aligning closely with the scenarios discussed in research over the past several weeks.
Standard Chartered: RWA Tokenization Could Reach $4 Trillion, LINK May Rise to $200 by End of 2030
Odaily News: Standard Chartered Bank's Head of Global Digital Assets Research, Geoff Kendrick, stated that as the tokenization of Real World Assets (RWA) accelerates, the price of Chainlink (LINK) tokens could rise to $200 by the end of 2030, representing an increase of over 25 times from its current level of approximately $8.In his latest report, Kendrick predicts that the scale of tokenized RWA will reach $4 trillion by the end of 2028. As more traditional assets are brought on-chain, the demand for secure and reliable off-chain data is expected to increase significantly, which could further boost Chainlink's fee revenue and drive up LINK's valuation.The report also projects that by the end of 2030, the scale of tokenized assets and crypto-native assets deployed in decentralized finance (DeFi) will grow approximately 37-fold to reach $2.7 trillion. Kendrick believes these assets require trusted data, cross-network interoperability, privacy-preserving compliance mechanisms, and integration with the existing financial system—infrastructure that Chainlink currently has the capability to provide.Demand for RWA tokenization has continued to grow recently. Data shows that trading volume of tokenized RWAs on decentralized exchanges (DEXs) hit an all-time high of $14.1 billion in July, up 19.5% month-over-month, driven primarily by public market assets such as tokenized stocks.Currently, Chainlink remains one of the largest decentralized oracle service providers in the crypto industry, with a Total Value Secured (TVS) of approximately $34.4 billion—significantly higher than second-ranked Chronicle's $7.36 billion.However, Kendrick also noted that the prediction of LINK reaching $200 still faces risks, including institutional tokenization projects progressing slower than expected, intensified competition from specialized oracle service providers, and potential technical issues. (Cointelegraph)
ArthurHayes: Liquidity, Not Regulatory Support, Is the Core Driver of Bitcoin's Rise
: Arthur Hayes stated at the Consensus 2026 conference that the crypto industry is not reliant on regulation for development. The core factors affecting Bitcoin's price are only technological reliability and fiat liquidity, with the latter being the true driving force.He pointed out that from the quantitative easing of the Obama era, the fiscal stimulus during Trump's first term, to the Biden administration releasing reverse repo liquidity by replacing long-term bonds with short-term debt, each round of monetary expansion has been highly correlated with Bitcoin's rise. Arthur Hayes believes that although the Trump administration has pushed forward multiple crypto regulatory bills, Bitcoin has still fallen by about 25% over the past approximately 18 months, indicating that positive regulatory developments do not directly drive price increases.He also stated that the Trump family's previous experiences with debanking, asset freezes, and lawsuits may make them more appreciative of Bitcoin's value as an asset free from state control. Arthur Hayes said that if Bitcoin eventually evolves into a common financial product on bank balance sheets, it will lose its original significance.
Forbes: BTC Expectations for Return to $80,000 Rise as SEC Chair's Comments at Bitcoin 2026 Conference Draw Attention
: US Securities and Exchange Commission (SEC) Chairman Paul Atkins recently reiterated the push for "Project Crypto" and announced plans to jointly develop a digital asset classification framework with the Commodity Futures Trading Commission (CFTC). This framework will clarify when a token is deemed a security, while also introducing an "innovation exemption" to support the on-chain trading of tokenized securities.The market believes that the series of initiatives pushed by Paul Atkins represent one of the most aggressive shifts in crypto regulation in SEC history, marking a formal abandonment of the old “regulation by enforcement” model in favor of clear rule-making. This move could release a stronger entry signal for institutional capital that has been on the sidelines, potentially driving Bitcoin's price back above $80,000. Currently, Bitcoin is trading at approximately $77,586. The market is now focused on Atkins's further statements at the Bitcoin 2026 conference in late April. (Forbes)
Analysts Expect 10-Year U.S. Treasury Yield Could Rise to 6%, Bitcoin's Performance Depends on the Reason for the Upside
Odaily News: Some analysts expect that the 10-year U.S. Treasury yield could rise to 6%, driven by concerns over the federal fiscal deficit, debt growth, and capital competition. Since the end of 2023, the yield has risen to 5.23%, while Bitcoin's price has roughly doubled to $86,000.If yields rise due to fiscal concerns, investors may seek alternatives to government debt, and Bitcoin could benefit; if the rise in yields is driven by the Federal Reserve tightening monetary policy again, Bitcoin could come under pressure. (CoinDesk)
Analysts Predict 10-Year US Treasury Yields Will Rise to 6%, Bitcoin May Not Face Downward Pressure
According to CoinDesk, the 10-year U.S. Treasury yield has continued to climb, with some analysts forecasting it will reach 6% (it last hit this level in 2000). Markus Thielen, founder of 10x Research, emphasized that the drivers behind the yield increase are critical: if the rise stems from concerns over fiscal deficits and term premiums, investors may shift to alternative assets such as Bitcoin, constituting a bullish development; if it stems from the Federal Reserve resuming its rate-hiking cycle, it would repeat the 2022 scenario of Bitcoin plummeting 64%. Data shows that since the end of 2023, the 10-year yield has risen by 135 basis points to 5.23%, while Bitcoin’s price simultaneously doubled to around $86,000, validating the "decoupling" narrative between Bitcoin and Treasuries amid fiscal concerns. Dan Niles, founder of Niles Investment Management, also noted that the U.S. fiscal deficit accounts for approximately 6% of GDP. Coupled with tech giants undertaking large-scale fundraising that competes with Treasuries for the same pool of capital, yields will continue to be pushed higher.
Analysis: $1.56 Billion BTC Options Expiry Pauses Rally, XRP and SOL Rise Against the Trend
Odaily News: Bitcoin fell back to around $83,600 on Friday, down about 1% from the previous trading day, after briefly touching around $87,000, reaching that level for the first time in months. Market analysis suggests that the expiry of $1.56 billion in Bitcoin options on Deribit may have exacerbated short-term volatility, as market makers typically unwind their hedging positions after options expiry.Over the past 24 hours, BTC open interest and trading volume fell by 14.39% and 13.68% respectively, with long and short liquidations relatively balanced—long liquidations totaled $161.96 million and short liquidations $156.1 million—indicating that leveraged funds are readjusting. On the technical side, BTC's 50-day moving average remains above its 200-day moving average, forming a "golden cross," and the short-term trend is still viewed as relatively strong.Meanwhile, Bitcoin spot ETFs saw net inflows of $299.09 million on Friday, though this was lower than the single-day inflow levels seen earlier in the week. By contrast, XRP rose 4.37% over the past 24 hours and 15.45% over the past 7 days, currently trading at around $1.58; Solana rose 3.36% over the past 24 hours and 9.33% over the past 7 days, currently trading at around $119.84. The next macro data points the market is watching are the U.S. Personal Consumption Expenditures (PCE) inflation data due on September 30 and the September nonfarm payrolls report due on October 2. (Decrypt)
Peter Brandt: ETH Could Rise to $8,600 After Breaking $5,000
veteran trader Peter Brandt stated that his long-term ETH chart shows that if ETH breaks above $5,000, the price could eventually rise to $8,600. The higher target marked on the chart is $8,674.50.Brandt emphasized that publishing a chart or making a price judgment is not the same as an actual trade, and those claiming to have completed a trade need to provide proof of the trade. His commodity trading career began in 1976, and he founded Factor Trading Co. in 1980. (Bitcoin News)
Whale "10 Big Targets First": BTC May Rise to $120K This Cycle, Plans to Reduce Position by 30% at $100K
the whale "10 Big Targets First" replied on X regarding their previous actions, stating that they expect the current BTC uptrend to potentially extend to $120,000, and plan to reduce their position by 30% when BTC rises to $100,000.Previously, they stated that BTC still has room to enter at $80,000 or even above, and predicted that $100,000 may arrive sooner than previously expected.
TD Cowen Expects Strive Shares to Rise 33% to $32, Holding Over 27,100 BTC by End of 2026
: BitcoinTreasuries.NET posted on the X platform that Lance Vitanza, an analyst at the $15 billion investment bank TD Cowen, stated that Strive's stock price will rise 33% to $32. The firm noted that its treasury activities have significantly exceeded previous models. TD Cowen expects Strive to hold more than 27,100 bitcoins by the end of 2026.
Peter Brandt: ETH Could Rise to $8,600 After Breaking $5,000
veteran trader Peter Brandt stated that his long-term ETH chart shows that if ETH breaks above $5,000, the price could eventually rise to $8,600. The higher target marked on the chart is $8,674.50.Brandt emphasized that publishing a chart or making a price judgment is not the same as an actual trade, and those claiming to have completed a trade need to provide proof of the trade. His commodity trading career began in 1976, and he founded Factor Trading Co. in 1980. (Bitcoin News)
Gate gStocks Sees Multiple Popular Assets Rise, Qualcomm Leads Gains
Odaily News: Trading activity for popular US stocks and tech-related assets continues to heat up, with multiple stock tokens on Gate gStocks showing active performance. According to the latest market data from Gate, Qualcomm (QCOMG/USDT) posted a 24-hour gain of 4.57%, last trading at $188.21; MiniMax (MINIMAXG/USDT) rose 3.98% over 24 hours, last at $31.89; Zhipu AI (ZHIPUG/USDT) gained 2.45% in 24 hours, last at $91.62.Gate gStocks adopts a 1:1 fully-backed native stock reserve mechanism, where each tokenized security is backed by an equivalent number of native shares as the underlying asset. It supports 7×24-hour trading, unified account management, a minimum investment of 1 USDT, and fractional share trading. Users can participate more flexibly in global popular stock investments, achieving one-stop allocation across digital assets and traditional securities. As the tokenized securities ecosystem continues to expand, Gate gStocks will keep adding more high-quality stocks and ETF targets, offering users more diversified global asset allocation options.
Analysis: SpaceX Likely to See Over $10 Billion in Passive Net Buying; Weight in Nasdaq 100 Expected to Rise
According to Odaily, SpaceX's stock price has recently been fluctuating within a narrow range, but a new wave of buying may arrive soon as the Nasdaq 100 Index undergoes its quarterly rebalancing later this month. Due to lock-up restrictions, SpaceX has a relatively low proportion of freely floating shares, which currently gives it a weight of only 1.25% in the Nasdaq 100 Index, ranking 19th. Despite its market capitalization exceeding $2 trillion, placing it sixth among the index's constituents.Following the next index rebalancing, SpaceX's weight is expected to increase. The adjustments will be announced after the market close on Friday and take effect on September 21. This is partly because more than 1 billion shares have already been unlocked, raising SpaceX's free-float shares from less than 10% of total shares outstanding shortly after the IPO to nearly 30%.According to a report released Tuesday by J.P. Morgan Securities strategists including Min Moon, SpaceX's weight could rise to 1.51% after the rebalancing, which would trigger approximately $12.4 billion in passive net buying of SpaceX shares by index funds and ETFs. Nasdaq data shows that as of the end of the second quarter, approximately $1.7 trillion in assets were tracking the Nasdaq 100 Index, including the Invesco QQQ Trust Series 1 exchange-traded fund, widely known by its ticker QQQ.
BIT: Bitcoin Records Strongest Rally Since 2023 Banking Crisis as Expectations for Macro Policy Support Rise
In its published analysis, BIT notes that Bitcoin is experiencing its strongest rally since the collapses of Silicon Valley Bank and Signature Bank in March 2023. During that period, US authorities implemented emergency measures to stabilize the banking system, and the current market sentiment mirrors that era—the recent interventions by the US Treasury in the Japanese yen FX market and bond markets have heightened investor expectations for further macroeconomic policy support. Meanwhile, the SEC's proposed regulatory framework for crypto assets has sent increasingly favorable signals, further bolstering market sentiment. BIT's official Chinese-language analysis indicates that Bitcoin has regained its upward momentum, aligning closely with the scenarios discussed in research over the past several weeks.
Gate gStocks Multiple Stock Tokens Rise, SOXSG Up Over 12% in 24 Hours
Odaily News: According to latest Gate market data, multiple tokens in the Gate gStocks stock token sector have shown impressive 24-hour performance. The top three gainers are: Direxion 3x Inverse Semiconductor ETF (SOXSG/USDT), up 12.10% in 24 hours; AbbVie (ABBVG/USDT), up 3.66% in 24 hours; and Eli Lilly (LLYG/USDT), up 3.36% in 24 hours.Gate gStocks supports 7×24-hour trading, unified account management, and low-barrier participation, allowing users to invest in global stocks. Going forward, Gate gStocks will continue to expand its offerings with more high-quality stocks and ETFs.
Standard Chartered: RWA Tokenization Could Reach $4 Trillion, LINK May Rise to $200 by End of 2030
Odaily News: Standard Chartered Bank's Head of Global Digital Assets Research, Geoff Kendrick, stated that as the tokenization of Real World Assets (RWA) accelerates, the price of Chainlink (LINK) tokens could rise to $200 by the end of 2030, representing an increase of over 25 times from its current level of approximately $8.In his latest report, Kendrick predicts that the scale of tokenized RWA will reach $4 trillion by the end of 2028. As more traditional assets are brought on-chain, the demand for secure and reliable off-chain data is expected to increase significantly, which could further boost Chainlink's fee revenue and drive up LINK's valuation.The report also projects that by the end of 2030, the scale of tokenized assets and crypto-native assets deployed in decentralized finance (DeFi) will grow approximately 37-fold to reach $2.7 trillion. Kendrick believes these assets require trusted data, cross-network interoperability, privacy-preserving compliance mechanisms, and integration with the existing financial system—infrastructure that Chainlink currently has the capability to provide.Demand for RWA tokenization has continued to grow recently. Data shows that trading volume of tokenized RWAs on decentralized exchanges (DEXs) hit an all-time high of $14.1 billion in July, up 19.5% month-over-month, driven primarily by public market assets such as tokenized stocks.Currently, Chainlink remains one of the largest decentralized oracle service providers in the crypto industry, with a Total Value Secured (TVS) of approximately $34.4 billion—significantly higher than second-ranked Chronicle's $7.36 billion.However, Kendrick also noted that the prediction of LINK reaching $200 still faces risks, including institutional tokenization projects progressing slower than expected, intensified competition from specialized oracle service providers, and potential technical issues. (Cointelegraph)
Related news
Analysts Expect 10-Year U.S. Treasury Yield Could Rise to 6%, Bitcoin's Performance Depends on the Reason for the Upside
Odaily News: Some analysts expect that the 10-year U.S. Treasury yield could rise to 6%, driven by concerns over the federal fiscal deficit, debt growth, and capital competition. Since the end of 2023, the yield has risen to 5.23%, while Bitcoin's price has roughly doubled to $86,000.If yields rise due to fiscal concerns, investors may seek alternatives to government debt, and Bitcoin could benefit; if the rise in yields is driven by the Federal Reserve tightening monetary policy again, Bitcoin could come under pressure. (CoinDesk)
Analysts Predict 10-Year US Treasury Yields Will Rise to 6%, Bitcoin May Not Face Downward Pressure
According to CoinDesk, the 10-year U.S. Treasury yield has continued to climb, with some analysts forecasting it will reach 6% (it last hit this level in 2000). Markus Thielen, founder of 10x Research, emphasized that the drivers behind the yield increase are critical: if the rise stems from concerns over fiscal deficits and term premiums, investors may shift to alternative assets such as Bitcoin, constituting a bullish development; if it stems from the Federal Reserve resuming its rate-hiking cycle, it would repeat the 2022 scenario of Bitcoin plummeting 64%. Data shows that since the end of 2023, the 10-year yield has risen by 135 basis points to 5.23%, while Bitcoin’s price simultaneously doubled to around $86,000, validating the "decoupling" narrative between Bitcoin and Treasuries amid fiscal concerns. Dan Niles, founder of Niles Investment Management, also noted that the U.S. fiscal deficit accounts for approximately 6% of GDP. Coupled with tech giants undertaking large-scale fundraising that competes with Treasuries for the same pool of capital, yields will continue to be pushed higher.
Strive Spends $94.5 Million to Add 1,107 BTC, Holdings Rise to 27,462 BTC
Strive, a Bitcoin treasury company, announced that its CEO Matt Cole has purchased 1,107 BTC for $94.5 million at an average price of $85,396 per coin, bringing its total Bitcoin holdings to 27,462 BTC. In addition, $12.4 million was raised through warrant exercises; including this funding, 85% of Strive's total capital raised this time came from SATA.
Goldman Sachs: AI Capital Expenditure to Rise 54% in 2027, Hyperscaler Valuations at Ten-Year Lows
According to Chaoxiang Research, a Goldman Sachs research report dated September 24, 2026, states that major U.S. hyperscalers will allocate capital expenditures of $800 billion in 2026, $1.2 trillion in 2027, and $1.4 trillion in 2028. The growth rate is projected to decelerate from nearly 100% in 2026 to 54% in 2027 and 12% in 2028. Goldman Sachs estimates that hyperscalers will need to generate approximately $300 billion in annual AI revenue over the next few years to achieve break-even, meaning AI users must spend around $1 trillion annually on AI applications. Valuations in the semiconductor sector remain conservative, with memory stocks trading at a two-year forward P/E of 4 times against a historical average of 8 times; fabless chip stocks at 13 times, compared to a historical average of 18 times.
Fidelity Executive: Bitcoin Power Law Model Suggests It Could Rise to $300,000 by 2029
Jurrien Timmer, Global Macro Director at Fidelity Investments, posted on X platform stating that the Bitcoin power law model indicates a new cyclical bull market is unfolding after Bitcoin held the $60,000 level. According to this model, Bitcoin's price could reach $300,000 by 2029.
Analysis: $1.56 Billion BTC Options Expiry Pauses Rally, XRP and SOL Rise Against the Trend
Odaily News: Bitcoin fell back to around $83,600 on Friday, down about 1% from the previous trading day, after briefly touching around $87,000, reaching that level for the first time in months. Market analysis suggests that the expiry of $1.56 billion in Bitcoin options on Deribit may have exacerbated short-term volatility, as market makers typically unwind their hedging positions after options expiry.Over the past 24 hours, BTC open interest and trading volume fell by 14.39% and 13.68% respectively, with long and short liquidations relatively balanced—long liquidations totaled $161.96 million and short liquidations $156.1 million—indicating that leveraged funds are readjusting. On the technical side, BTC's 50-day moving average remains above its 200-day moving average, forming a "golden cross," and the short-term trend is still viewed as relatively strong.Meanwhile, Bitcoin spot ETFs saw net inflows of $299.09 million on Friday, though this was lower than the single-day inflow levels seen earlier in the week. By contrast, XRP rose 4.37% over the past 24 hours and 15.45% over the past 7 days, currently trading at around $1.58; Solana rose 3.36% over the past 24 hours and 9.33% over the past 7 days, currently trading at around $119.84. The next macro data points the market is watching are the U.S. Personal Consumption Expenditures (PCE) inflation data due on September 30 and the September nonfarm payrolls report due on October 2. (Decrypt)