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Crypto’s rally after a major legislative setback has an unexpected explanation, according to a new Bitwise analysis. Matt Hougan identifies four areas where the outcome created advantages, alongside one risk that could reverse them. Stablecoin Platforms Preserve Customer Rewards Four areas of crypto gained business advantages after the Senate failed to advance the CLARITY Act

Analysts gave Ethereum (ETH) a 20% weight in a decade-long portfolio alongside Bitcoin and Solana, citing its $16.6 billion share of the tokenized-asset market.

Bitcoin (BTC) rose in 10 of 13 Octobers since 2013, averaging about 19%, and Bitwise's CIO says faster post-CLARITY rules supported the rally.

The final quarter of 2026 will see significant token unlocks for many projects in the cryptocurrency market. According to CryptoRank data, numerous projects will conduct their first major “peak” unlocks, releasing tokens allocated to investors, team members, early supporters, and other initial participants. Such key releases are closely watched by investors because they can cause a significant increase in the amount of tokens in circulation in a short period of time. In particular, the release of a large amount of tokens relative to market capitalization can raise concerns about increased selling pressure. Related News: This Altcoin's Price Skyrocketed: News from South Korea Sparked the Surge According to CryptoRank data, Monad (MON) is expected to have the largest unlock among these projects. Approximately $521 million worth of MON tokens are projected to be unlocked, which corresponds to about 131.6% of the project’s current market capitalization. Monad is followed by STABLE with approximately $353 million in tokens released. Approximately $119 million worth of tokens are expected to be released for KITE, $52 million for LIT, $46 million for PIEVERSE, and approximately $43 million for ALLO. *This is not investment advice. Continue Reading: There Will Be a Massive Token Unlock for This Altcoin in the Rest of the Year

Santiment's October analysis says Bitcoin (BTC) needs ETF demand and policy catalysts to extend Uptober after whales added 44,669 BTC since September 18.

Cryptocurrency analysis platform Santiment evaluated recent data on the Bitcoin and altcoin market, pointing to noteworthy signals in terms of investor interest, whale movements, and market sentiment. According to Santiment, while Bitcoin rose by approximately 2.1% in the last week, some altcoins saw much stronger movements. The upward momentum was particularly noticeable in AI, real-world assets, and some altcoins with large market capitalization. According to Santiment data, despite Bitcoin’s price strengthening, its visibility on social media has seen a significant decline. Conversations about Bitcoin on X, Reddit, Telegram, and other social platforms have decreased by approximately 33% compared to the previous week. The platform found the low level of social interest noteworthy, even as Bitcoin approaches its local peak of around $87,300 recorded last week. Ethereum also saw a similar drop in social volume, approximately 33%. The analysis also touched upon traditional “Uptober” expectations for October. Santiment noted that Bitcoin completed September with a bullish monthly candle, recording its strongest quarterly performance since 2017. However, the platform cautioned that October being a historically strong period alone might not be enough for a bull run. According to Santiment, independent catalysts such as ETF demand, regulatory developments, interest rate policy, and mass adoption could be more decisive in terms of price movements. On-chain data for Bitcoin showed that large investors continued to buy. According to Santiment, wallets holding between 10 and 10,000 BTC have accumulated a total of 44,669 BTC since September 18th. However, the fact that small investor wallets also bought during the same period was considered a development that the platform should approach cautiously. Santiment noted that in the past, strong price increases have generally progressed more smoothly when small investors were selling and large investors, described as whales and sharks, were accumulating. However, the fact that the number of active addresses on the Bitcoin network and network growth are not keeping pace with the price increase is one of the risks highlighted by Santiment. The platform noted that Bitcoin’s 30-day and 365-day MVRV rates are around 4.5 percent, indicating that investors are, on average, slightly in profit. It also stated that there is no unusual pattern in funding rates that would point to excessively long or short positions. On the other hand, it was noteworthy that on October 1st, the ratio of profitable to losing transactions on the Bitcoin network exceeded 4 to 1. Santiment noted that this was one of the strongest profit-taking days of the year and that such levels have occasionally been associated with local peaks in the past. The renewed movement of older Bitcoins also indicated increased activity in large, long-inactive wallets. One of the altcoins highlighted by Santiment was Quant (QNT). QNT surged approximately 366% between September 20th and 30th, before subsequently pulling back by about 17%. However, despite this sharp rise, the limited social sentiment and FOMO (Fear of Missing Out) were noteworthy. Santiment assessed that the low investor enthusiasm could leave room for a new rebound in QNT. On the Quant side, on-chain data also revealed a rather dynamic picture. Santiment reported one of the strongest jumps in network growth to date, with the 30-day MVRV reaching 1,022% at one point and a high number of whale transactions. However, the fact that approximately 6.9% of the QNT supply has been withdrawn from exchanges since September 21st partially mitigated concerns about intense selling pressure. Solana (SOL) was another asset that stood out in Santiment’s assessment. While the SOL price has risen by approximately 61% since August 17th, social sentiment has only increased to a limited extent. According to Santiment, the absence of excessive FOMO or intense fear in Solana indicates that the current price movement is far from extremes stemming from social sentiment. *This is not investment advice. Continue Reading: Is the “Uptober” True? Is an Altcoin Bull Run on the Horizon? An Analysis Firm Weighs In

Quant (QNT) traded under pressure on October 2 as analysts set a $94.12 breakout toward $111.14, with support at $81.23 and live prices down 10.5%.

Sean Farrell, Head of Digital Asset Strategy at Fundstrat, said that increasing pressure in the US bond market could become a strong bullish catalyst for Bitcoin. Farrell believes there are sufficient signals that Bitcoin has formed a sustained cycle bottom and that macroeconomic conditions are now beginning to support liquidity trends in the cryptocurrency market. According to the analyst, Bitcoin could surpass the $100,000 level before the end of 2026. Speaking to Coinage, Farrell highlighted the relationship between rising US bond yields and the country’s fiscal outlook. Noting that the US debt-to-GDP ratio is over 120% and the budget deficit is around 6-7% of GDP, Farrell stated that high interest rates further increase the government’s borrowing costs. According to Farrell, this situation could lead the US Treasury to reduce the supply of long-term bonds and issue more short-term Treasury bills. Farrell argued that the US Treasury’s financing of long-term bond buybacks with short-term bonds constitutes market intervention and could increase liquidity. According to the Fundstrat executive, banks absorbing the increased bond supply could support money creation in the private sector. Farrell believes this could, over time, lead to an erosion of the dollar’s purchasing power and pave the way for relatively better performance of rare assets like Bitcoin. Related News: Eric Jackson: “Bitcoin Could Reach $100,000 by the End of This Year” - His Long-Term Target Is $50 Million The analyst also emphasized that this process might be a development unfolding over years rather than a sudden break. Farrell likened the monetary devaluation to a “slowly melting ice cube,” suggesting that in the long term, rare assets could come to the forefront during periods of dollar devaluation. He also considered Bitcoin’s more limited pullback during the recent bear market, compared to previous cycles, as a possible sign of this structural change. “Bitcoin Could Still Surpass $100,000 in 2026” Farrell does not rule out the possibility of a correction in Bitcoin in the short term. However, he believes that if Bitcoin falls by about 10 percent from current levels, strong buyers could re-emerge in the market. He stated that he had a target of $115,000 for Bitcoin at the beginning of the year, but he no longer expects this level to be seen in 2026. However, he believes that $100,000 could be surpassed. Farrell also touched upon Bitcoin’s technical outlook, noting that the price rising above the 200-day moving average after remaining below it for an extended period is historically a positive signal. According to the analyst, a more significant development was Bitcoin’s clear break above the 50-week moving average a few weeks ago. Farrell believes this move could signal a shift in the long-term market regime and open the door for new capital inflows into Bitcoin from trend-following investment strategies. Another development closely watched by the Fundstrat executive is the US Treasury’s next quarterly funding announcement. Farrell stated that if the Treasury reduces or becomes more aggressive in issuing 10- to 30-year bonds in the coming period, it could become a “very strong” catalyst for Bitcoin. *This is not investment advice. Continue Reading: Analyst Who Previously Accurately Predicted the Drop Forecasts What Might Happen Next with Bitcoin

It was just several hours ago that the primary cryptocurrency topped $87,000 for the first time in about ten days after the softer-than-expected US jobs report came out. Although that should be considered bullish for risk-on assets, especially when it’s aligned with the positive data from the PCE report earlier this week, the subsequent effects on BTC’s price were dramatically different. After all, a weaker labor market combined with lower inflation than expected should, at least in theory, reduce some of the pressure on the US Federal Reserve for more immediate hikes. Perhaps that’s why BTC reacted to today’s jobs report with an instant uptick from $86,000 to $87,200. That wasn’t the surprising part of today’s developments. What came next is somewhat unexpected. Bitcoin was rejected at that multi-day peak and tumbled to $85,500 first, before the bears took complete control and drove it to under $84,000 minutes ago. This meant that BTC had crashed by well over $3,000 in hours after the release of the US jobs report. BTCUSD October 2. Source: TradingView The altcoins have followed suit. ETH tapped $2,750 earlier today but now sits $100 lower. XRP was rejected again at $1.55 and now sits at $1.45. ZEC, DOGE, LINK, XMR, and ADA have marked even more substantial losses of up to 7% daily. The total crypto market cap has shed almost $80 billion since the peak seen earlier today, and it’s down to $2.880 trillion on CMC. Data from CoinGlass shows that the overall wrecked positions in the past 24 hours have jumped past $570 million. $186 million came in the past hour alone. Naturally, longs dominate, with 99% of the liquidated positions in the past hour coming from such positions. The single-highest wrecked order took place on Binance and was worth almost $12 million. Liquidation Data on CoinGlass The post Bitcoin Crashes Below $84K as Crypto Liquidations Near $600M appeared first on CryptoPotato .