🔊Weekly Market Highlights #65: September 25 - October 1

✨The final week of September and the third quarter of 2023 concluded with announcements regarding the SEC's postponement of the Bitcoin and Ethereum spot ETFs review. However, the US Securities and Exchange Commission appears to have approved Ethereum futures ETFs.

✨Another significant event from last week was the most severe hack of 2023, targeting Mixin Network, resulting in losses of $200M. Additionally, HTX(Huobi) experienced a security breach for the first time in its 10-year history, leading to a loss of $7.9M in user assets.

✨Over the past week, the crypto market increased by ~$30B (from ~$1,055B to ~$1,085B) of its total capitalization.

✨BTC Above $27K
✅Last weekend didn't go all that favorable for BTC, as the asset spent it trading sideways at $26,6K. The start of the new week was more painful. BTC slumped by several hundred dollars in hours and dipped below $26K.

✅However, the bulls intercepted the move and pushed BTC north. This included a failed attempt to overcome $27K on Wednesday but a more successful one a day later. This one saw BTC pumping to a 10-day peak at $27,2K (as of Sunday night).

✅Since then, the asset has been shaky at around $27K, dipping below it yesterday but jumping soaring ~$28K.

✨SOL, BCH Stand Out Weekly
✅Most larger-cap alts have had gains over the past week. This includes ETH, BNB, XRP, DOGE, TRON, LTC, ADA, DOT, and MATIC, up to 3-8%.

✅SOL stands out as the top performer from this cohort, having surged by ~24%. As a result, SOL sits well above $24. BCH has soared by ~18% and trades above $244.

✅BSCS is trading at $0,01059, 42,14% from its 7-day all-time low of $0,00745.

✨Bitcoin Fear and Greed Index is 50 - Neutral, higher than at the beginning of the week (47)

✨ Dominance:
✅BTC: 48.9%
✅ETH: 18.4%

📣Stay tuned! The Market's highlights will be updated by BSCS 😎

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