The Breakdown

The Five Most Important Stories in Crypto This Week

17 snips
Oct 4, 2025
Bitcoin's price is soaring this October, driven by its typical seasonal patterns and a wave of ETF inflow momentum. Major banks like Citi and JPMorgan have made bold price predictions, further fueling market speculation. The potential impact of a government shutdown on ETF approvals is discussed, alongside new collaboration between the SEC and CFTC for better crypto oversight. Meanwhile, Kraken's $20 billion fundraising strategy raises eyebrows, and Stripe's new stablecoin initiative could shake up the market. A quirky culture clash arises as Netflix sees cancellations over Elon Musk's tweets.
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INSIGHT

October Seasonality Powers Bitcoin

  • Bitcoin shows strong October seasonality that repeatedly drives price jumps at month start.
  • Market psychology and calendar effects can create self-reinforcing momentum beyond fundamentals.
INSIGHT

Dual Forces Behind The Rally

  • Bitcoin's rally mixes macro market risk-on behavior with ideological hedge demand against government dysfunction.
  • Those two opposite forces can simultaneously drive price higher.
INSIGHT

Predictions Can Become Momentum

  • Large bank price targets and research can feed momentum and create self-fulfilling prophecies in crypto.
  • Seasonal history plus institutional forecasts amplify potential market moves.
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