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Why Is Crypto Down Today? – October 6, 2025
Yahoo Finance· 2025-10-06 09:57
The crypto market is down today, with the cryptocurrency market capitalization falling by 0.9%, now standing at $4.33 trillion. Fewer than 10 of the top 100 coins have appreciated over the past 24 hours. At the same time, the total crypto trading volume is at $193 billion. TLDR: The crypto market capitalization is down 0.9% on Monday morning (UTC); 92 of the top 100 coins are down, as are 9 of the top 10 coins; BTC is down 1.1% to $123,375, and ETH fell 1.2% to $4,535; After BTC broke the $125,000 barrier ...
US National Debt Nears $38 Trillion, Adds $6B Daily as Gold and Bitcoin Hit ATH – Is BTC the Answer?
Yahoo Finance· 2025-10-06 09:49
The United States’ (US) national debt has surged to $37.88 trillion as of October 2, 2025, growing at a rate of $69,891 per second, or approximately $6 billion daily, over the past year, according to Congressman David Schweikert’s Daily Debt Monitor. The debt has increased by $2.2 trillion since October 2024, amounting to $283,098 per household. Source: JEC Meanwhile, the average interest rate on total marketable debt stands at 3.415 percent, resulting in the government paying $241.26 billion in interes ...
Bitcoin Touches Record Price Above $125,000
Yahoo Finance· 2025-10-05 12:54
Suhaimi Abdullah / Bloomberg via Getty Images Bitcoin recently touched a new record high. Signage outside a crypto conference in Singapore on Oct. 1. Key Takeaways The price of bitcoin managed a new record above $125,000, setting a fresh high for the first time since August. Its price has retreated somewhat since. But a monthslong climb how has the market value of bitcoin equivalent to that of the biggest companies in the S&P 500. Bitcoin nabbed a new high. The leading cryptocurrency overnight touc ...
X @Joe Consorti ⚡️
Joe Consorti ⚡️· 2025-10-02 16:48
Bitcoin has crossed the Rubicon.JPM likening it to gold, calling out the debasement trade, Citi calling for $235k BTC by next year...No turning back now.Mohamed A. El-Erian (@elerianm):Per this CNBC reporting, the strategy favoring gold and Bitcoin now has a name: JP Morgan analysts are calling it "the debasement trade."#economy #gold #bitcoin @jpmorgan @CNBC https://t.co/tl1BOMCgz8 ...
X @The Block
The Block· 2025-10-02 15:03
JPMorgan sees bitcoin hitting $165,000 by year-end on retail-led 'debasement trade' https://t.co/5eHqFUNOSe ...