Bitcoin rallies to $121K as BlackRock's ETF cracks top 20, hash rate hits 1 zettahash milestone, mining stocks surge 624%, and ordinals show signs of life. Uptober is absolutely delivering.
“Uptober” is absolutely delivering Bitcoin pushes $121K with BlackRock's iShares Bitcoin ETF breaking into the top 20 ETFs by AUM - a meteoric rise for an asset that was "a scam" according to Larry Fink just two years ago. Hashrate hits the historic 1 zettahash milestone, mining stocks see 624% gains led by AI pivots, and ordinals collections pump double digits. The gang breaks down ETF inflows, network security, and why this cycle's retail is hiding in plain sight.
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Notes:
• Bitcoin trading at $121K, nearing ATH
• BlackRock's ETF entered top 20 ETFs by AUM
• Hashrate reached 1 zettahash milestone
• US ETFs saw $675M single-day inflow Oct 1st
• Mining stocks up 624% since June (Iris leading)
• Ordinals collections up double digits on week
Timestamps
00:00 Start
00:27 Pump it UP
02:08 IBIT Breaks Top 20 ETFs
09:09 Hashrate
21:18 Ordinals are SO BACK!
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