Coincatch App
Trade smarter
Crypto MarketHot Topics
CoinCatch Weekly Market Review & Outlook (October 03–09)
Advanced
2025-10-09 | 20m
This week, BTC broke through 126,000 on October 7, setting a new high and is currently in a short-term fluctuation range. Jupiter, a decentralized trading platform on Solana, plans to launch its stablecoin in partnership with Ethena Labs.The new token, called JupUSD, is scheduled to go live in mid–Q4 2025. Polymarket, the crypto-native prediction market, has added support for bitcoin deposits, giving users a direct way to fund their accounts with BTC alongside other existing crypto options. Tether Gold , a digital token backed by physical gold, has officially surpassed the $1 billion market capitalization mark.
Crypto Market Overview
Market Overview
BTC: BTC gained 2.8% this week. After breaking through 126,000 on October 7th, BTC is currently in a short-term range-bound trading, fluctuating around its hourly moving average. The
MACD indicator suggests a potential death cross, with declining volume and weakening momentum, suggesting a lack of buying interest. If the price fails to stabilize above 121,000, it could retest previous lows in the short term, with support around 118,000 warranting attention. A renewed push above 123,000 on strong volume could signal a resumption of upward momentum. BTC ETF records $3.55B in weekly institutional inflows.
ETH: ETH fell 0.96% this week. ETH has recently experienced a significant decline. Since its decline from its high, it has remained under pressure below its short-term moving average, shifting its short-term structure to a bearish bias. Currently trading near 4,420, the MACD lines maintain a golden cross, but the momentum bar is shrinking, indicating a gradual decline in upward momentum and the risk of further weakness in the short term. If support at 4,400 fails, watch for a retest of the low near 4,335. A rebound above 4,550 could alleviate downward pressure. ETH ETF saw $1.48B in weekly inflows.
Altcoins: The "Crypto Fear and Greed Index" is a crucial tool for gauging market emotion. The market has recently experienced a significant shift. After a period of "Extreme Fear" with an index as low as 28-29, the massive inflows and price surge have pushed sentiment back toward "Neutral" territory. This indicates that panic selling may have subsided and a sense of equilibrium is returning.
ETF: The single biggest driver was an unprecedented wave of institutional money. Digital asset investment products attracted a record $5.95 billion in inflows for the week ending October 6. U.S. spot Bitcoin ETFs saw net inflows of $3.24 billion, while all nine U.S. spot Ethereum ETFs posted positive inflows, combining for $1.3 billion. The rally was also supported by news of established firms like Vanguard considering listing crypto ETFs and the CME Group working to offer 24/7 crypto futures trading.
Macro Data: The market environment was shaped by key events in traditional finance and politics. The shutdown that began on October 1 created uncertainty and accelerated the "debasement trade," where investors seek safety from a weakening U.S. dollar in assets like Bitcoin and gold. Disappointing U.S. jobs data increased market expectations for a Federal Reserve rate cut, which typically benefits risk-on assets like cryptocurrencies.
As of October 09, 2025, the gold is trading at $4032.11 US Dollars per ounce, down 0.41%. The S&P 500 Index gained 0.58% to close at 6,753.72 points. The Dow Jones Industrial Average is 46,601.78 points. The Nasdaq Composite Index increased 1.12% to settle at 23,043.38 points.
Stablecoins: The overall market value of stablecoins is currently US$313.6 billion, and stablecoins such as USDC and USDe continue to attract market attention.
Gas Fees: The gas fee of the Ethereum network has dropped this week. As of October 9, the average gas fee was 0.12 Gwei.
Weekly Trending Coins
Despite the overall weakness of major altcoins this week, some
DeFi sectors (such as automated strategies, lending protocols, and derivatives trading platforms) have bucked the trend and seen gains. According to Coingecko data, over the past seven days, these protocols have benefited from product updates, market incentives, and a rebound in market sentiment, driving significant price increases.
2Z DoubleZero (+71.76%, Market Cap: $1.37 Billion)
The
2Z token is currently trading at $0.3964, up 71.76% over the past 7 days. DoubleZero is a high-performance global network of independently contributed links, purpose-built for blockchain and other distributed systems. It provides direct, low-latency routing that strengthens validator performance and supports faster, fairer participation worldwide. On October 8, Nasdaq-listed Forward Industries delegated its entire 6.8M SOL ($1.5B) treasury to a Solana validator built on DoubleZero’s network. The validator uses Jump Crypto’s Firedancer client and targets top-10 status on Solana. The SEC issued a rare no-action letter on September 29, confirming 2Z isn’t a security when used for network participation.
CAKE PancakeSwap (+53.59%, Market Cap: 1.38 Billion)
The
CAKE token is currently trading at $4.02, up 53.59% over the past 7 days. Pancakeswap innovates quickly and ships new products regularly. In April 2023, PancakeSwap voted to transition to a deflationary token model called "Ultrasound CAKE." The protocol passed a proposal called CAKE Tokenomics v2.5 to create a structure combining real yield (no supply impact) and reduced token emissions. Over 102% of minted CAKE is burned weekly. This is intended to provide a multi-year runway for emissions and incentivize locking up CAKE, making the token more valuable long-term. As an upgraded version of the original IFO (Initial Farming Offering), CAKE.PAD's core innovation lies in its ability to participate in the early stages of new projects simply by holding and pledging CAKE tokens, eliminating the need for complex staking and lock-up procedures. This simplified model lowers the barrier to entry and transforms CAKE from a mere governance token into a token for acquiring new assets, directly and significantly increasing its intrinsic demand and utility
BNB BNB (+26.44%, Market Cap: 182.27 Billion)
The
BNB token is currently trading at $1309.50, up 26.44% over the past 7 days.
BNB is the native coin of the BNB Chain ecosystem, essential for powering its multifaceted Web3 environment. It supports transactions on the BNB Smart Chain (BSC), the
opBNB L2s, and
BNB Greenfield . Besides transaction fees, BNB serves as a governance token, granting holders the ability to participate in the BNB Chain’s decentralized on-chain governance. CEA Industries disclosed a $631M BNB position (480K tokens) and plans to acquire up to 1% of supply. Similarly, Nano Labs aims to accumulate $1B worth of BNB. Large-scale corporate buying reduces circulating supply and signals long-term conviction. Historically, MicroStrategy’s Bitcoin accumulation catalyzed rallies – BNB’s fixed supply (139M) amplifies scarcity effects.
Weekly Market Focus
Jupiter, Ethena Labs Roll out New Solana-based Stablecoin
Jupiter, a decentralized trading platform on Solana, plans to launch its stablecoin in partnership with Ethena Labs.The new token, called JupUSD, is scheduled to go live in mid–Q4 2025. According to an X post on Wednesday, JupUSD will be integrated across all Jupiter products, serving as collateral on its perpetual futures exchange, a liquidity asset in Jupiter’s lending pools and a trading pair.
According to Jupiter, the stablecoin will be 100% collateralized by Ethena Labs’ USDtb, a dollar-pegged token backed by short-term US Treasury assets. Over time, USDe, Ethena’s synthetic dollar, will be added as collateral to optimize yield rates.
The project is being built in collaboration with Ethena Labs, the issuer behind the stablecoins USDe and USDtb. Ethena Labs confirmed the partnership in an X post on Wednesday, saying the token is being built on its white-label stablecoin-as-a-service stack — a framework that allows the issuance of branded stablecoins using Ethena’s infrastructure and collateral management.
According to Ethena, JupUSD will serve as the primary collateral on Jupiter Perps, with roughly $750 million in existing stablecoins held in the platform’s liquidity pool to be gradually replaced by JupUSD.
BNB Chain Memecoins Mint New Millionaires in Wild Trading Week
Cryptocurrency traders made millions of dollars on small-cap memecoins on the BNB Chain over the past week, signaling a renewed wave of speculative capital fueling the current market cycle.
Among the most profitable investors is trader “0xd0a2,” who turned an initial investment of $3,500 into $7.9 million, generating a 2,260-fold return in three days, according to blockchain intelligence platform Lookonchain.
Trader “hexiecs” turned a $360,000 investment into over $5.5 million by investing in the recently launched “4” memecoin, which went parabolic after an X post from Binance co-founder and former CEO, Changpeng Zhao.
Other speculators also jumped on the token, including trader “brc20niubi,” who turned a $730,000 investment into $5.4 million, printing a 1,200-fold return on investment, according to Lookonchain.
Source: Lookonchain
The activity followed a trade earlier in the week when the wallet “0x872” netted nearly $2 million in profits within hours after investing just $3,000 in the 4 token. The trader achieved a 650-fold return after Zhao reshared a post about the token to his 8.9 million X followers on Oct. 1.
Polymarket Adds Bitcoin Deposits as NYSE Parent ICE Eyes $2 Billion Investment
Polymarket, the crypto-native prediction market, has added support for bitcoin deposits, giving users a direct way to fund their accounts with BTC alongside other existing crypto options. The move coincides with bitcoin’s recent rally to all-time highs above $126,000, currently trading around $124,300, and reflects growing demand for crypto-native funding options on prediction platforms.
Polymarket has taken the world by storm over the past two years, emerging as the largest prediction market where users trade shares tied to the outcomes of real-world events — essentially betting on what the future holds. On Polymarket, traders are bullish about bitcoin prices. About 83% of participants now predict bitcoin will hit $130,000 this year, while 52% and 35% are betting on $140,000 and $150,000, respectively. Total long-term betting volume has exceeded $30.6 million.
Polymarket also accepts other crypto and stablecoins like USDC, USDT, Ethereum, Polygon, and Solana.
Key Market Data Highlights
Tether Gold (XAUt) Hits $1B Market Cap Amid Record High Gold Prices
Tether Gold , a digital token backed by physical gold, has officially surpassed the $1 billion market capitalization mark. The milestone reached on Oct. 1, 2025, highlights growing investor interest in tokenized real-world assets (RWA) and was largely driven by a historic rally in the price of gold, a sentiment recently echoed by Tether’s CEO.
The token’s market value grew directly because of its underlying asset. According to market data aggregator RWA.xyz, the total value of XAUt officially crossed the billion-dollar line at the start of the month. This price surge directly increased the value of the physical gold held in reserve, pushing XAUt’s total value past the threshold. With this achievement, XAUt follows its main competitor, Paxos Gold, which reached the same milestone one month earlier, on September 3.
The success of both tokens solidifies a duopoly in the digital gold space. It also points to a maturing market where investors now have two distinct, billion-dollar options for gaining exposure to gold on the blockchain. The gold backing XAUt is held separately from Tether’s general reserves, which include an additional $8.7 billion in gold bars supporting its other stablecoins, according to its Q2 2025 attestation report.
Bitcoin ETFs See Largest Daily Inflows Since Trump Election Surge as BlackRock's IBIT Nears $100 Billion in AUM
The U.S. spot bitcoin exchange-traded funds topped $1 billion worth of net inflows on Monday for the first time since July 11 as the foremost cryptocurrency marked its latest all-time high of $126,296.
BlackRock's IBIT dominated the inflows with $970 million, followed by Fidelity's FBTC with $112.3 million, Bitwise's BITB with $60.1 million, and Grayscale's BTC with $30.6 million, according to data compiled by The Block. Overall, the funds attracted their second-largest ever daily inflows, totaling $1.21 billion. The record $1.37 billion daily haul for bitcoin ETFs was set in Nov. 7, 2024, just after pro-crypto Donald Trump won the U.S. presidential election. Trading volume was also elevated amid the price rise, with IBIT accounting for $4.9 billion of the $6.5 billion in trading activity on Oct. 6, per The Block's
data dashboard.
Meanwhile, the U.S. Ethereum ETFs saw net inflows of $181.8 million on Monday, again led by BlackRock's ETHA product with $92.6 million, adding to a six-day positive streak totalling nearly $1.5 billion.
PayPay Acquires 40% Stake in Binance Japan to Bridge Crypto and Digital Payments
Binance Japan, the local subsidiary of global crypto exchange Binance, has formed a capital and business alliance with Japan's PayPay Corporation, with PayPay acquiring a 40% equity stake in the local crypto exchange.
In a press release shared with The Block on Thursday, Binance said the partnership aims to combine PayPay's 70 million-user payment network with Binance's blockchain technology to create a connection between digital payments and crypto assets. PayPay has acquired a 40% stake in Binance Japan.
PayPay, a SoftBank Corp. group company, is one of the largest digital cashless payment services in Japan. Binance and PayPay plan to co-develop products and services that integrate their technologies, enabling users to experience both fiat and crypto-based transactions more fluidly, according to the statement.
Initial initiatives include enabling Binance Japan users to purchase cryptocurrencies using "PayPay Money" directly within the Binance Japan app, and allowing them to select "PayPay Money" as a withdrawal option when selling crypto assets.
CoinCatch Weekly Event
Triple Rewards Season: Free MEW, Check-in for $1K & Roborock Cleaner 
📅 Event Time: October 9, 2025 (UTC+8) - October 15, 2025 (UTC+8)
💎 Event 1: Register to 100% grab a share from 500,000 MEW
-
Event Rules: Users who register and complete a net deposit of ≥100 USDT will receive a random airdrop of 500~5,000 MEW.
-
Total prize pool: 500,000 MEW
✔ Event 2: Check-in to Receive Maximum $1,000
-
Rules: During the event, users complete ≥ 10,000 USDT daily futures trading volume = 1 check-in. More check-in days = higher rewards (maximum $1,000). Rules below (rewards non-cumulative):
| Check-in (Days) | Reward (USDT) |
| 3 | 100 |
| 5 | 500 |
| 7 | 1,000 |
🎁 Event 3: Trade to Win Surprise Gifts
-
Rules: Top 3 users by futures trading volume (minimum ≥1,000,000 USDT) during event receive:
🥇 1st place:
Roborock S8 MaxV Ultra
🥈 2nd place:
HTC VIVE Pro 2 VR Kit
🥉 3rd place:
Bose Headphones
Token Unlocks Next Week
Tokenomist data indicates that from October 10 – October 16, 2025, several major token unlocks are scheduled. Some of them are:
| Project | Unlock Date | Tokens to Unlock | Approx. Value | Key Context |
| Aethir (ATH) | October 12 | 1.26 Billion ATH | $68 Million | Represents 10.32% of its total token supply, a significant inflationary event. |
| Aptos (APT) | October 12 | 11.31 Million APT | ~$61 Million | A monthly recurring unlock; represents about 1.6% of its market cap. |
| Linea (LINEA) | October 10 | 1.02B - 1.08B LINEA | ~$27 Million | This release makes up 6.59% of its circulating market cap. |
| DeFi App (HOME) | October 10 | 331.09 Million HOME | ~$10 Million | A substantial release, equal to 12% of its market cap. |
| Holochain (HOLO) | October 11 | 34.46 Million HOLO | ~$8 Million | — |
| BabyDoge (BABY) | October 10 | 121.68M - 321.60M BABY | ~$6 - $17 Million | A high-percentage unlock, representing over 12% of its token base. |
References:
CoinGecko. (2025).
Cryptocurrency categories and market data.
https://www.coingecko.com/en/categories
CoinGlass. (2025).
Liquidation data and market analytics.
https://www.coinglass.com/LiquidationData
CoinMarketCap. (2025).
Cryptocurrency prices, charts, and market capitalizations.
https://coinmarketcap.com/
Etherscan. (2025).
Ethereum gas tracker.
https://etherscan.io/gastracker
Farside Investors. (2025).
Bitcoin and Ethereum ETF flow tracker.
https://farside.co.uk/btc/
RootData. (2025).
Crypto fundraising and venture capital database.
https://www.rootdata.com/Fundraising
Tokenomist. (2025).
Token vesting and unlock analytics.
https://tokenomist.ai/
Milk Road. (2025, August 21).
Ethereum gas fees. Milkroad.
https://milkroad.com/ethereum/gas/
The Block. (n.d.).
Bitcoin ETF. The Block.
https://www.theblock.co/data/crypto-markets/bitcoin-etf
Cointelegraph. (2025, October 9). Jupiter, Ethena Labs roll out new Solana-based stablecoin. https://cointelegraph.com/news/jupiter-ethena-labs-new-solana-stablecoin
Cointelegraph. (2025, October 9). Here’s what happened in crypto today. https://cointelegraph.com/news/what-happened-in-crypto-today
Yahoo Finance. (n.d.). Tether Gold (XAUT) hits $1B [Web page, parsing failed]. https://finance.yahoo.com/news/tether-gold-xaut-hits-1b-080222337.html
The Block. (n.d.). Bitcoin ETFs: Largest daily inflows since Trump election; BlackRock IBIT nears $100 billion USD AUM [Web page, parsing failed]. https://www.theblock.co/post/373631/bitcoin-etfs-largest-daily-inflows-since-trump-election-blackrock-ibit-nears-100-billion-usd-aum
Bitcoin Magazine. (2025, October 8). Polymarket adds Bitcoin deposits as NYSE parent ICE eyes $2 billion investment. https://bitcoinmagazine.com/business/polymarket-adds-bitcoin-deposits-as-nyse-parent-ice-eyes-2-billion-investment#:~:text=BUSINESS-,Polymarket%20Adds%20Bitcoin%20Deposits%20as%20NYSE%20Parent%20ICE%20Eyes%20%242,alongside%20other%20existing%20crypto%20options
CoinCatch Team
Disclaimer:
Digital asset prices carry high market risk and price volatility. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance. CoinCatch is not responsible for any losses that may occur. This article should not be considered financial advice.
Share
