{"id":50701,"date":"2025-10-02T10:16:54","date_gmt":"2025-10-02T10:16:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50701"},"modified":"2025-10-02T10:16:54","modified_gmt":"2025-10-02T10:16:54","slug":"latest-crypto-market-news-today-october-2-btc-needs-one-more-100-move-versus-usd-to-topple-nvidia-can-it-happen","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50701","title":{"rendered":"Latest Crypto Market News Today, October 2: BTC Needs One More 100% Move Versus USD to Topple Nvidia \u2014 Can It Happen?"},"content":{"rendered":"
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BTC USD is catapulting markets today. Bitcoin now sits around $118,500 after a 3.5% climb over 24 hours, and Nvidia is also in the news today after becoming the first company to hit $4.5 trillion valuation. Bitcoin, at around $2.36 trillion, would need another doubling to eclipse Nvidia. A steep hill to climb, yet the momentum says it\u2019s not impossible.<\/span><\/p>\n

The entire crypto sector is showing strength. The total market cap has crossed $4 trillion, aided by nearly $950 million pouring into Bitcoin ETFs in just two days. The Fear & Greed Index has surged to 64, from neutral territory yesterday, to slight greed.<\/span><\/p>\n

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\n Crypto Fear and Greed Chart <\/h4>\n
\n All time<\/span>
\n 1y<\/span>
\n 1m<\/span>
\n 1w<\/span>
\n 24h<\/span>\n <\/div>\n<\/p><\/div>\n
\n
<\/div>\n<\/p><\/div>\n<\/div>\n

Bitcoin dominance<\/a> is now 59%, up from earlier in September, suggesting that capital is rotating out of altcoins. Meanwhile, the Altseason Index sits at 73, hinting that Bitcoin is still the central play.<\/span><\/p>\n

\"BTC<\/p>\n

(source \u2013 Alt Market Cap, TradingView<\/strong><\/a>)\u00a0<\/span><\/p>\n

DISCOVER:\u00a0<\/b>10+ Next Crypto to 100X In 2025<\/b><\/a><\/p>\n

Momentum, BTC USD, Nvidia News Today, and Their Parallels<\/b><\/h2>\n

What\u2019s fueling BTC USD rocket? CoinGecko reports that Bitcoin\u2019s 24\u2011hour trading volume https:\/\/www.coingecko.com\/en\/coins\/bitcoin is at $75 billion, and CoinGlass reveals elevated open interest and consistently positive funding rates, a sign of upward continuation.<\/span><\/p>\n

\"BTC<\/p>\n

(source \u2013 Funding Rate, Coinglass<\/a><\/strong>)\u00a0<\/span><\/p>\n

On the DeFi front, DefiLlama puts total value locked at $162 billion, up nearly 5% in a day<\/a> , with healthy volume and liquidity across the ecosystem.<\/span><\/p>\n

\"BTC<\/p>\n

(source \u2013 DeFi TVL, Defillama<\/strong><\/a>) <\/span><\/p>\n

Today, Nvidia also signals strength; the company just declared a quarterly dividend and remains central in AI news and narratives. Interestingly, some Bitcoin miners are pivoting hardware toward AI workloads, a crosspath of interests that could strengthen crypto, especially Bitcoin.<\/span><\/p>\n

Bitcoin has also recorded a 4.5% gain in the 24 hours. CoinGlass shows that short liquidations have dropped, reducing potential downside drag. Twitter sentiment around Uptober is loud and bullish, with accounts noting Bitcoin added tens of billions in market cap in a single session. DefiLlama shows stablecoins\u2019 supply around $298 billion, aiding liquidity for further BTC moves.<\/span><\/p>\n

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Uptober moving fast, $BTC<\/a> at $118K before you even blink. pic.twitter.com\/njmffdLzDi<\/a><\/p>\n

\u2014 Kyledoops (@kyledoops) October 1, 2025<\/a><\/p>\n<\/blockquote>\n