Why Is Crypto Up Today? – October 3, 2025

Market Overview - The cryptocurrency market capitalization has increased by 1.4%, reaching $4.22 trillion, with total trading volume at $193 billion [1][2] - Approximately 30 of the top 100 coins have seen price appreciation over the past 24 hours, with 70 of the top 100 coins up, including 9 of the top 10 coins [2][3] Top Performers - Bitcoin (BTC) has risen by 1% to $119,909, while Ethereum (ETH) has increased by 1.5% to $4,467 [2][3] - Binance Coin (BNB) is the highest gainer among the top coins, up 4.9% to $1,090, followed by Solana (SOL) with a 2.1% increase to $229 [3] Underperformers - Dogecoin (DOGE) is the only coin in the red, down 0.3% to $0.256, with about 30 coins in the top 100 experiencing declines [4] - MYX Finance (MYX) and DoubleZero (2Z) have seen significant drops of 41% and 10.7%, trading at $9.07 and $0.5397, respectively [4] Market Sentiment and Trends - The crypto market sentiment has improved, remaining within the neutral zone, with signals indicating a potential near-term consolidation [2] - Historically, October has been a bullish month for Bitcoin, averaging 14.4% gains since 2013, and early signs suggest this year may follow the trend [6] Institutional Developments - Nomura Holdings is expanding its presence in Japan's digital asset market through its subsidiary, Laser Digital Holdings, which is seeking a license to offer trading services to institutional clients [5]