Market Overview
| Asset | Level | 1d Change | 7d Change | 30d Change |
|---|---|---|---|---|
| Global Crypto Market Cap | $3.91T | +3.76% | – | – |
| BTC | $115,564 | +3.52% | +4.50% | +5.39% |
| ETH | $4,236 | +7.39% | +6.41% | +5.42% |
| Dow Jones | 47,207 | +1.01% | +2.06% | +3.00% |
| S&P 500 | 6,792 | +0.79% | +1.81% | +3.15% |
| Nasdaq | 23,205 | +1.15% | +2.36% | +4.80% |
| VIX | 16.37 | -5.38% | -20.69% | +10.91% |

US President Trump and Chinese President Xi are scheduled to meet for high-stakes trade talks, with the US Treasury Secretary describing preliminary discussions as ‘constructive’ and the US expecting China to delay rare earth export controls as a trade deal nears.
China’s industrial profits increased sharply in September, despite ongoing trade tensions with the US, with the specific increase in profits not specified in the available headline.
The US government debt burden is projected to exceed Italy’s, according to IMF figures, marking the first time this century that Washington’s debt will surpass that of European nations known for fragile public finances.
US Spot ETF Flows
| Asset | Daily Inflow | Daily Change | Weekly Inflow | Total Assets | Daily Volume |
|---|---|---|---|---|---|
| BTC ETFs | $90.6M | +345.8% | $446.4M | $150.0B | $3.3B |
| ETH ETFs | $-93.6M | -26.6% | $-243.9M | $26.4B | $1.4B |
US BTC Spot ETF Flows

US ETH Spot ETF Flows

Crypto Liquidations Summary
| Liquidation Type | Value | % of Total | 24h Change |
|---|---|---|---|
| Total Liquidations | $445.92M | – | $+368.22M (+473.94%) |
| Shorts | $377.90M | 84.7% | $+336.82M (+819.94%) |
| Longs | $68.02M | 15.3% | $+31.40M (+85.77%) |
| BTC | $189.85M | 42.6% | $+183.49M (+2885.30%) |
| ETH | $123.82M | 27.8% | $+113.92M (+1150.44%) |

- DeFi trading volumes reached a record 0.23 ratio against centralized exchanges in Q2 2025 as the top 10 DEXs facilitated $876 billion in spot trades (up 25%) while CEX volumes declined 28% to $3.9 trillion, with DeFi lending protocols surging 959% since late 2022 as Aave’s deposits now rank among the top 40 US banks and regulatory clarity drives users toward transparent, code-driven platforms following $11 billion in CEX hacks between 2012-2023 (11x more than DeFi protocol losses), according to SynFutures co-founder Rachel Lin.
- Tokyo-based fintech firm JPYC launched Japan’s first yen-backed stablecoin on Monday, backed 1:1 by bank deposits and government bonds with a dedicated issuance platform (JPYC EX) that has already attracted interest from seven companies, targeting a 10 trillion yen issuance balance over three years as competition grows with Monex Group and Japan’s three largest banks (MUFG, Sumitomo Mitsui, and Mizuho) planning their own yen-pegged stablecoins.
- The 15-hour Amazon Web Services outage on Monday knocked out major crypto platforms including Coinbase, Robinhood, MetaMask and Venmo while blockchains continued producing blocks uninterrupted, exposing how Web3’s reliance on centralized servers creates single points of failure as roughly 70% of Ethereum nodes are hosted by AWS, Google or Microsoft according to Vanar Blockchain CEO Jawad Ashraf.
- Coinbase’s x402 protocol, which enables AI agents and humans to transact autonomously in stablecoins over the internet using HTTP 402 payment prompts, saw transaction activity surge over 10,000% in a month to nearly 500,000 transactions between October 14-20 with a record $332,000 in volume on Thursday, fueling a wave of x402-powered memecoin launches that grew into a $180 million market (up 266% in 24 hours) tracked as a new category by CoinGecko, as a16z crypto predicts autonomous transactions could reach $30 trillion by 2030.