Market Overview
Global crypto market cap has dropped below $4.0 trillion, currently around $3.9-4.0T. CoinCentral+3CoinGecko+3Coinspeaker+3
Market is in a correction phase: sharp liquidations (≈ $1.5B in bullish bets wiped out) and decline in altcoins. CoinCentral+3The Economic Times+3CryptoPotato+3
Top 10 Crypto Performers
Bitcoin (BTC): ~$113,000 – down ~2.5% on the week, rejected at $117K resistance
Ethereum (ETH): ~$4,180 – down ~6% on the week, heavy liquidations weighing
Binance Coin (BNB): ~$1,025 (-1.4%)
Solana (SOL): ~$222 (-7.1%)
XRP: ~$2.92 (-3.5%)
Cardano (ADA): ~$0.83 (-2.9%)
Polkadot (DOT): ~$9.10 (-3.7%)
Dogecoin (DOGE): ~$0.238 (-4.2%)
Polygon (MATIC): ~$0.88 (-3.8%)
Litecoin (LTC): ~$103 (-2.6%)
Investor Sentiment & Market Dynamics
Fear & Greed Index is neutral / weak (~45-50ish) rather than in “greed” territory. Coinpedia Fintech News+2CoinCentral+2
Bitcoin dominance rising as altcoins weaken. Coinpedia Fintech News+2CoinCentral+2
Liquidations large, especially for ETH and smaller tokens, which amplify downside. CryptoPotato+1
This Week in Crypto
Crypto slump following Fed’s rate move
Bitcoin, Ethereum, XRP and other majors dropped after the Federal Reserve’s interest-rate cut, with excessive leverage blamed for accelerating losses through liquidations. Barron'sUK-US regulatory cooperation intensifies
The UK and the US are moving toward closer cooperation on crypto regulation and stablecoin frameworks. Goal: align regulatory systems, allow UK firms more access to US capital markets. Financial TimesBitcoin Strategic Reserve Act discussions in US Congress
Industry leaders and lawmakers met to push legislation to establish a federal bitcoin reserve (targeting up to 1 million BTC over 5 years) via seized assets, Fed earnings, etc. InvestorsCorporate treasuries increasing crypto exposure
Some firms raising capital or using corporate balance sheets to hold digital assets. Example: Helius Medical Technologies raising over $500M to invest in Solana; strategy stock investments tied to Bitcoin accumulation. Barron's“Best cryptos to buy” lists are spotlighting altcoins and meme/Layer-2 projects
Analysts and media highlight XRP, Cardano, Solana, DOGE and newer entrants (e.g. Little Pepe, Layer Brett) as strong picks for Q4 based on technicals, fundamentals and community interest. Indiatimes+2Indiatimes+2Liquidations and market fragility
Over $1-1.7B in leveraged positions were liquidated as downside in major coins triggered cascade effects. CryptoNews+2Barron's+2Declining investor sentiment & technical resistances
Rejection near resistance levels (esp. BTC near ~$117K), technical indicators turning bearish for some coins such as XRP; broad market retracement. Barron's+2CoinDesk+2Presale and meme coin hype rises
Little Pepe’s ongoing presale, Layer Brett, and other meme or community-driven tokens are gaining traction. Some presales report strong fundraising and high “stake-yield” or reward incentives. Indiatimes+2Indiatimes+2Institutional rotation & ETFs
ETH ETFs continue to draw interest even as BTC faces resistance; analysts note rotation between yield-bearing and growth-oriented assets within crypto. Barron's+1Growing policy risk / regulatory clarity in flux
While there are cooperation efforts (UK/US), regulatory uncertainty remains a risk. Some policy initiatives are promising (e.g. strategic reserves, sandbox frameworks), but legislation/regulation is not yet settled. Financial Times+1Meme of the Week
