🇨🇳 October 5 | Crypto Market Brief $BNB 🧧 📈 BTC tests $87K again as selling pressure emerges
BTC is currently around $86.2–86.4K, having briefly approached $87K during the day; ETH is around $2.73K, and SOL around $121–122.
BTC has now tested the $86.5–87K area for the second time, but has yet to break above the late-September high of around $87.4K. The total market cap has climbed back to around $3T.
🏦 OKX × ICE: 24/7 U.S. stock trading moves on-chain
The biggest institutional news of the day is here.
OKXICE, formed by OKX and Intercontinental Exchange, the parent company of the NYSE, has filed an application with the SEC to launch a 24/7 U.S. tokenized stock trading platform.
The initial lineup is planned to cover more than 60 companies, including Nvidia, Apple, Microsoft, Amazon, Tesla, Coinbase, Circle, and SpaceX, with deployment planned on X Layer.
This is no longer “RWA in theory”—it’s an attempt to bring traditional stock markets truly on-chain.
🟠 Saylor sends another signal, but no confirmed BTC purchase yet
Michael Saylor posted “More orange than ever” again.
Naturally, the market began speculating about whether Strategy is going to buy BTC again.
But as of this morning, there is no new 8-K confirmation.
Strategy currently holds 847,666 BTC at an average cost of around $75,437; its most recently confirmed purchase remains the 1,665 BTC bought in late September.
🔥 ETF flows: Still strong on a weekly basis
For the week of September 28–October 2, BTC ETFs saw net inflows of around $241M, while ETH ETFs saw net outflows of around $138M.
SOL ETFs saw around +$2.4M, and XRP ETFs around +$4.7M.
Institutional money hasn’t disappeared from BTC; it has simply shifted from September’s frantic inflows to a noticeably slower pace.
🌡️ Macro: Weak jobs data gives BTC some breathing room
U.S. jobs data was notably weak last week, leading the market to lower its expectations of another rate hike in October.
But $87K remains a key resistance level; if BTC can’t break through decisively, it could return to around $85K to look for support again.
📊 Market Snapshot
BTC ≈ $86.2–86.4K ETH ≈ $2.73K SOL ≈ $121–122 XRP ≈ $1.52 BNB ≈ $797 BTC Dominance ≈ 58% Fear & Greed ≈ 70
🎯 What’s really worth watching today isn’t just whether BTC can break above $87K.
More importantly:
Traditional stocks are moving toward 24/7 on-chain trading, institutions continue to seek compliant entry points into RWA, and BTC is waiting for its next real breakout.
Bitcoin Spot ETFs Saw $6.34 Billion in Net Inflows in Q3
🚨 $6.34 billion.
That was the net inflow into Bitcoin spot ETFs in the third quarter.
But what’s really worth paying attention to isn’t just how big that number is—it’s who’s buying.
💰 ETFs continue to absorb BTC supply 🏦 Institutional capital keeps flowing in 🔥 The available supply on the market is steadily being absorbed 👀 BTC is becoming more deeply integrated into traditional finance
This brings me to a key question:
What happens if institutions keep buying while fewer and fewer BTC holders are willing to sell?
The phase of a bull market that’s truly worth watching often isn’t when everyone is shouting about prices going up.
It’s when money has already moved in, before prices go parabolic.
$6.34 billion is just one quarter’s data, but the signal it sends is worth watching closely:
Is Wall Street only just starting to allocate to BTC, or have expectations already gone too far?
🟢 Only just getting started 🔴 Expectations have already gone too far
🛡️ Zcash Steps Up: Washington Lobbying Push Begins for Financial Privacy! The privacy-focused crypto sector is making its voice heard loud and clear in D.C. Pretty Good Policy for Zcash (PGPZ)—the advocacy group dedicated to safeguarding privacy-preserving digital cash—has officially registered its first-ever Washington lobbyist: Executive Director Divij Pandya. Key Highlights: The Core Focus: PGPZ is stepping up to champion financial privacy, developer protections, and ensure that privacy tech is properly understood and defended in Congress. Key Targets: The registration directly points to major legislative battles, including the Digital Asset Market Clarity (CLARITY) Act and upcoming digital asset tax proposals. Backed by Community: Supported by a $750,000 grant approved by Zcash Community Grants for its inaugural year, this marks a massive structural step forward for institutional and regulatory advocacy. As regulation shapes the future landscape of the crypto ecosystem, having structured representation in Washington is a major milestone for privacy coins. 💡 Want to earn while staying ahead of the market? Join the campaign and claim your rewards here: 👉 Binance Refer & Earn USDC What are your thoughts on privacy coins finding their footing in U.S. policy discussions? Let’s talk in the comments! 👇 #Zcash #ZEC #CryptoRegulation #PrivacyCoins #BinanceSquare #Web3Policy$USDC $ZEC
‼️$DOGE 🧧 Reward is here ‼️ I’m sharing $DOGE 🧧 rewards with the community as a Bigger thank-you. ✨ Just claim your reward and enjoy! ✨ Claim it. Get rewarded
$BTC Keep going, soaring hard, falling hard too. The bull market has already started—the main rally in the crypto world is just one last step away! Today, Bitcoin is again hovering near the previous high of around 87,000. Once it truly breaks through, it could very likely come with a big bullish candle! So the question is: will Bitcoin break out? Leave your valuable advice in the comments section! Tap that little hand of yours that’s about to get rich—give it a like! #比特币冲击8.7万美元遇阻回落
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