Bitcoin briefly recovered $85,000, but weak trading volume and limited new capital inflows have prompted caution over interpreting the move as the start of a full-fledged rally. Analysts are watching whether the price can hold above $85,500 and whether key support near $81,000 remains intact.
Arthur Hayes says excessive investment in AI data centers could trigger a market collapse and bailouts, with the resulting liquidity flowing into crypto assets. He expects financial pressure to peak around late 2027 to 2028 as infrastructure providers seek payment from AI companies.
LG Electronics has filed a U.S. patent for registering smart home appliance usage data on a blockchain and trading access rights through digital tokens. The technology covers data from devices including TVs, air conditioners, washing machines, refrigerators and vacuum cleaners.
Predict.fun hinted at the possibility of launching its own token through an October 6 post on its official X account. The platform has not officially disclosed details about the token’s name, launch schedule, or distribution method.
South Korea’s crypto economy reached $449.1 billion, making it East Asia’s largest market. AI-themed tokens led growth and surpassed Ripple in won-denominated trading volume.
Key events this week include the FOMC minutes, the U.S. ISM Services PMI, TOKEN2049 and major token unlocks. ENA and ASTER unlocks are scheduled for October 5, followed by a major RAIN unlock on October 10.
U.S. nonfarm payrolls increased by 29,000 in September, well below the expected 89,000, while the unemployment rate rose to 4.2%, above expectations.
Stablecoin inflows of $1 million or more into Binance rose approximately 40.6% over the past 30 days, suggesting that large investors are building liquidity for potential spot purchases. However, whale capital deployment remains cautious amid geopolitical, inflation and bond-yield concerns.
The Washington Post reported that disappointment is growing among some young male crypto investors who had supported Donald Trump’s pro-crypto policies. Some cite the TRUMP token’s decline, the structure of the government’s crypto reserve and the Trump family’s crypto businesses, while industry support remains.
