- - - (UMETONEWS) - <meta name='More Than Trader, Think Different'> - <link rel='https://umetonews.blogspot.com'> - <link href='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjG9fSB27a_7bpZd0yL_tCWzCcqfyCjHvjS_Tye6kO0AHkHq3RaSI6MRlrHysjhJoD-sR0njt_3zTIxG0VaFpslSKNNp6WLHcb3vw2acQd1xGl1ejs08hyphenhyphen4Tp_F63dq3Z4MGGaQslu3v6cZZp-2pXvzwdcExwrXvSEmlXXlLtAV5R1OJlteDbULt5iRo0g8/s16/favicon-16x16.png' rel='icon' sizes='any'> - <link href='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgaCC9jg8O5Iav5qdKseHCMZWkNPKHG-73TpulGbZf1w0TPzL-mlIApCx4a7N9fX-a6nQ2-VvPvEv_vKC1d0LD6ANw9wq2rpwybp5QRMXihhEMKxVEzDbx2l8F-fae9pXQGsQ-wXrQH-OqvZZSHfFpGWmm-DzkDvImncqzKdVc0ZIaULdVzvVeJ63afF1px/s32/favicon-32x32.png ' rel='icon' sizes='32x32' type='image/png'> - <link href='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg612DBjJNKgLPtTBhWadNT4XAQvruPeCkMKIZ6_Fmcypy1A_0Y87xeRXL1sO7oYPqH6s5pohpZSSxl18JKOebtaEprWUUJRjauGOtfwprHKTHcxuvn10DmP-4JBJpzII8kQAp1_NR1bjwJrtlgK36-VU5EcFwr3296FRVuba8oYBdvQ4l8nCsAYcByWPsi/s180/apple-touch-icon.png' rel='apple-touch-icon' sizes='180x180'> <!-- Meta Tags untuk AEO --> <meta content='More Than Trader, Think Different' name='description'> <meta content='Bitcoin, Altcoin, Cryptonews' name='keywords'> <script async='async' custom-element='amp-ad' src='https://cdn.ampproject.org/v0/amp-ad-0.1.js'></script> <script async='async' crossorigin='anonymous' src='https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-1173585107905846'></script> <meta content='ff1c02bee9a3ec048cf531bbb1e9d4e9' name='p:domain_verify'/> <!-- Clarity tracking code for https://umetonews.blogspot.com/ --> <script> (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src="https://www.clarity.ms/tag/"+i+"?ref=bwt"; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, "clarity", "script", "u0b48ym4ej"); </script> <script type='text/javascript'> (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src="https://www.clarity.ms/tag/"+i; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, "clarity", "script", "u0b48ym4ej"); </script> <meta content='266e80ca3d82ef44' name='yandex-verification'/> <link href='/feed.xml' rel='alternate' title='RSS Feed' type='application/rss+xml'> <link href='/atom.xml' rel='alternate' title='Atom Feed' type='application/atom+xml'> <!-- Google Tag Manager --> <script>(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-T49GJZ7K');</script> <!-- End Google Tag Manager --> <script async='async' custom-element='amp-ad' src='https://cdn.ampproject.org/v0/amp-ad-0.1.js'></script> <script async='async' crossorigin='anonymous' src='https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-1173585107905846'></script> <script type='text/javascript'> //<![CDATA[ // Speed Optimizer (function(){ // Remove Query Strings var resources = document.querySelectorAll('link[href*="?"], script[src*="?"]'); resources.forEach(function(el) { if (el.href) el.href = el.href.split('?')[0]; if (el.src) el.src = el.src.split('?')[0]; }); // Lazy Load Images window.addEventListener('load', function(){ var images = document.getElementsByTagName('img'); for(var i = 0; i < images.length; i++) { if(images[i].getAttribute('data-src')) { images[i].setAttribute('src', images[i].getAttribute('data-src')); } } }); // Defer CSS var styleSheets = document.getElementsByTagName('link'); for(var i = 0; i < styleSheets.length; i++) { if(styleSheets[i].rel == 'stylesheet') { styleSheets[i].media = 'print'; styleSheets[i].onload = function() { this.media = 'all'; } } } })(); //]]> </script> <link as='style' href='style/css' rel='preload'/> <link href='/style.css' rel='stylesheet'/> <link href='https://umetonews.blogspot.com/feeds/post/default?alt=rss' rel='alternate' title='RSS Feed' type='application/rss+xml'> <!-- Google tag (gtag.js) --> <script async='async' src='https://www.googletagmanager.com/gtag/js?id=G-YPLS3J2RRQ'></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'G-YPLS3J2RRQ'); </script> <meta content='width=device-width, initial-scale=1' name='viewport'/> <meta content='More Than Trader, Think Different' name='description'> <meta content='text/html; charset=UTF-8' http-equiv='Content-Type'/> <meta content='#137FAA' name='theme-color'/> <meta content='#137FAA' name='msapplication-navbutton-color'/> <meta content='blogger' name='generator'/> <link href='https://umetonews.blogspot.com/favicon.ico' rel='icon' type='image/x-icon'/> <link href='https://umetonews.blogspot.com/2025/10/bitcoin-uptober.html' rel='canonical'/> <link rel="alternate" type="application/atom+xml" title="UMETONEWS - Atom" href="https://umetonews.blogspot.com/feeds/posts/default" /> <link rel="alternate" type="application/rss+xml" title="UMETONEWS - RSS" href="https://umetonews.blogspot.com/feeds/posts/default?alt=rss" /> <link rel="service.post" type="application/atom+xml" title="UMETONEWS - Atom" href="https://www.blogger.com/feeds/4387625630833234880/posts/default" /> <link rel="alternate" type="application/atom+xml" title="UMETONEWS - Atom" href="https://umetonews.blogspot.com/feeds/7779311171210098643/comments/default" /> <link href='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjCHqoiswzYBJE9QFP3EJx_ebKctcL6RnEuWKStAFgtJRYkXaQbDr4Ak3qJAlTRFTpsY00ku8IHId6s8Cd1UxokGgJ8rEBiSPEY5QBEYG492lR9H1cUWbAihKypDibLvT7_zeMZ5tfmrMGhSlhU-xC6jdfo8FXhiZUPYlf8frGE2E_YModM6s4Cb26OR2KY/w320-h195/images%20(15).jpeg' rel='image_src'/> <meta content='https://umetonews.blogspot.com/2025/10/bitcoin-uptober.html' property='og:url'/> <meta content='Bitcoin Uptober: Bitcoin rises to us$121,000, driven by two major catalysts' property='og:title'/> <meta content='' property='og:description'/> <meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjCHqoiswzYBJE9QFP3EJx_ebKctcL6RnEuWKStAFgtJRYkXaQbDr4Ak3qJAlTRFTpsY00ku8IHId6s8Cd1UxokGgJ8rEBiSPEY5QBEYG492lR9H1cUWbAihKypDibLvT7_zeMZ5tfmrMGhSlhU-xC6jdfo8FXhiZUPYlf8frGE2E_YModM6s4Cb26OR2KY/w1200-h630-p-k-no-nu/images%20(15).jpeg' property='og:image'/> <title>Bitcoin Uptober: Bitcoin rises to us$121,000, driven by two major catalysts - UMETONEWS description
Skip to content Skip to sidebar Skip to footer
Home / BTC Analyze

Bitcoin Uptober: Bitcoin rises to us$121,000, driven by two major catalysts

Post a Comment

 Bitcoin Uptober
Bitcoin (BTC), the world's largest crypto asset, recorded another significant rally with the price breaking above us$121,000. This increase occurs amid the transfer of investor assets to hedging instruments, triggered by the conditions of the United States government shutdown and the seasonal momentum of “Uptober” which has historically always been positive for Bitcoin.

According to CoinMarketCap data on Friday (3/10/2025), BTC moved from US$118,383 to a daily high of US$121,086 with a 2% increase in 24 hours. 

Despite a correction to us$120,133, Bitcoin's market capitalization is still in the range of US$2.39 trillion. Nevertheless, BTC is observed to have experienced a correction of US$120,133 as of this article, with a market capitalization of US$2.39 trillion.

Bitcoin Uptober

Bitcoin rallies alongside stocks and Gold

The Shutdown of the US government since October 1 due to the failure of the funding deal did not trigger panic. 

Historically, the S & P 500 has risen in every shutdown period since 1990. 

With the increasingly close correlation between Bitcoin and stocks in 2025, this positive trend has also helped lift the crypto market.

In addition, the gold rally also became a supporting factor. Gold prices just set a record above U.S.$3,900 per ounce.

Bitcoin Uptober

JPMorgan analysts assess Bitcoin is still undervalued when compared to gold with volatility adjustments, even potentially up to US$165,000 before the end of the year.

Swan Bitcoin's Managing Director, John Haar, added that global debt pressures and weakening fiat currencies make Bitcoin increasingly viewed as a non-governmental liquid reserve asset. 

According to him, there is a shift from speculative trading to strategic allocation, which has the potential to bring prices beyond previous records.

Bitcoin Uptober

The Momentum's Uptober

This long-term Momentum is in line with the “Uptober”narrative. Since 2013, October has been the best month for Bitcoin with an average gain of more than 14% according to CoinGlass data.

ETF inflows also strengthened sentiment. According to Farside Investors data, a total of nearly$2.4 billion of funds flowed into Bitcoin and Ethereum-based products so far this week.

On the macro front, CME FedWatch data showed the market is forecasting a nearly 98% chance of the Federal Reserve cutting interest rates again by 0.25 percentage point at its October meeting.

In September, the Fed lowered interest rates for the first time in four years, prompting an early rebound in the stock and crypto markets. Further cuts are expected to strengthen dovish sentiment and shore up the rally in risky assets.

*Disclaimer :

The Analyses expressed on Umetonews are for informational purposes online.

Post a Comment for "Bitcoin Uptober: Bitcoin rises to us$121,000, driven by two major catalysts"