Latest Crypto Market News Today, October 3: BTC USD Still The Hottest Pair, But XRP, SOL, ETH Catching Up While BNB Blasts ATH
Yahoo Finance·2025-10-03 09:51

Core Insights - The cryptocurrency market is experiencing significant movements, with BTC USD trading above $120K and BNB reaching an all-time high of $1,111, indicating strong market confidence [1][2] - XRP is also showing positive momentum, trading at $3.06, suggesting the onset of an altcoin season [1][3] Group 1: BTC and BNB Performance - BTC USD maintains a market cap exceeding $2.4 trillion, reinforcing its status as a benchmark in the crypto market [3] - BNB has shown consistent growth, breaking multiple all-time highs and reflecting strong confidence in the Binance ecosystem, with a market cap nearing $150 billion [2][3] - BNB's trading volume reached $2.38 billion in 24 hours, with positive funding rates and muted liquidations, indicating a stable trading environment [2] Group 2: Altcoin Developments - XRP is gaining traction with reported derivatives volume between $6–7 billion, and its technical indicators are approaching resistance zones, supported by the narrative of RLUSD adoption [3] - Solana (SOL) is trading around $232, with volumes close to $9.8 billion, and its active address metrics surpassing Ethereum's in certain periods, indicating strong network activity [4] - The altcoin index is around 66, reflecting a growing appetite for altcoins beyond BTC USD, with BNB and XRP leading this shift [5]