Bitcoin is driving record inflows! What are investors pursuing in the “debasement trade” doing?
BTC is under selling pressure, but the derivatives market suggests a $150,000 price tag heading into the end of the year!
S&P launches new “Digital Markets 50 Index,” covering cryptocurrencies and blockchain stocks.
Caught between fiscal stimulus and the government shutdown, how will tariff-funded subsidies impact the cryptocurrency market?
Gold prices finally surpass $4,000, and the dollar index hits a two-month high, driving Bitcoin to a weaker pace!
Let’s analyze the news on the global economy and cryptocurrencies and consider economic trends together! Wednesday, October 8th, we’ll be discussing today’s cryptocurrency news and on-chain market conditions.
This program brings you the latest news to help you build your wealth. Let’s start by looking at 24-hour data headlines from the cryptocurrency market.
First, we’ll focus on the news that Bitcoin is driving record inflows.
“Bitcoin is at the center of debasement trading.” This statement has deep meaning. Debasement refers to the depreciation of a currency, and many investors are flocking to Bitcoin to escape the risk of a decline in the value of fiat currencies.
In fact, since the beginning of 2025, capital inflows into Bitcoin have continued to reach new record levels. This is evidence that investors are choosing cryptocurrencies as a store of value rather than traditional currencies amid ongoing inflation concerns and central bank monetary easing.
Similar movements have been seen in the past, such as in 2017 and 2020, but this time the scale and speed are even greater, creating a bullish mood across the market.
More interestingly, while Bitcoin itself is experiencing short-term selling pressure, data from the BTC derivatives market tells a different story.
In futures and options markets, there is a growing number of positions predicting that Bitcoin’s price will reach $150,000 by the end of the year. This figure is roughly three times the current price, indicating very high expectations among market participants.
Of course, this optimistic view is not without its share of caution. Some experts point out that such rapid price predictions carry risks and warn of the need for caution regarding market volatility.
Next, let’s take a look at the newly announced “Digital Markets 50 Index” by S&P Dow Jones Indices.
This index targets 50 stocks related to cryptocurrencies and those utilizing blockchain technology, and will likely serve as an important indicator for market participants and investment funds.
The launch of this index is expected to further strengthen the connection between traditional stock markets and the cryptocurrency market, supporting diverse investment strategies and portfolio construction.
In addition, the US government is currently engaged in a complex discussion of fiscal stimulus measures and the risk of a federal government shutdown. Amid this, a proposal to fund stimulus payments using tariff revenues has also emerged, and depending on how this proposal plays out, it could have an impact on consumer confidence and the cryptocurrency market.
Finally, we must not forget the trend of gold. The price of gold has finally surpassed the $4,000 mark. This is near an all-time high, indicating growing demand for cryptocurrencies as a safe-haven asset.
Meanwhile, the Dollar Index reached its highest level in two months. A strong dollar generally works against riskier assets like Bitcoin, so BTC prices are trending weakly under these circumstances.
Three psychological and economic points emerge from this.
First, many investors are turning to cryptocurrencies like Bitcoin out of concerns about the weakening of fiat currencies, leading to increased activity in “debasement trading.” This suggests a return of confidence in cryptocurrencies as a store of value.
Second, while short-term selling pressure and corrections are evident within the market, a bullish stance remains firmly established in the derivatives market, creating a mixture of expectations and caution among market participants for the future.
Third, while external factors such as new indexes and policy trends are driving interest and investment appetite in the cryptocurrency market, conflicting factors such as increased demand for gold as a safe-haven asset and a strong dollar are also present, creating a complex psychological state for the market as a whole.
That’s all for today’s news highlights. Our channel provides in-depth, expert coverage of valuable news in the cryptocurrency world. If you find this channel valuable, please share, follow, and turn on notifications.
See you tomorrow.
