Crypto Market Update 04 October 2025: Biggest Headlines Shaking the Market
What Happened in the Crypto Market Today: WLFI Token, MARA Bitcoin Mining News, and Key Market Trends
The global cryptocurrency market continued its upward momentum today, as the total market capitalization reached $4.29 trillion, a 1.5% increase over the past 24 hours. Daily trading volume surged to $217 billion, signaling strong investor participation across both established and emerging digital assets. Bitcoin continues to dominate the market with a commanding 56.8% share, while Ethereum holds 12.7%. Notably, Polkadot and tokens in the XRP ecosystem are leading the gains, drawing heightened attention from investors and traders alike.
24-Hour Market Update
Bitcoin (BTC) maintained its bullish trajectory, trading at $122,090 after a 1.6% daily rise. With a massive trading volume of $82.3 billion and a market cap of $2.43 trillion, Bitcoin remains the cornerstone of investor confidence. This sustained growth underscores optimism among market participants despite global economic uncertainties.
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| Source: Forex Factory |
Trending Crypto Coins
Several cryptocurrencies have drawn particular attention today, with both significant gains and notable losses.
EVAA Protocol (EVAA) saw an impressive 31.1% surge, now priced at $6.54, with a trading volume of $123.79 million. Adrena (ADX) posted modest growth at $0.03964, reflecting a 0.5% uptick. Aster (ASTER) emerged as one of the day’s top movers, climbing 17.3% to $2.14 on a trading volume of $1.14 billion. Plasma (XPL), however, slipped 5.7% to $0.8702 despite its substantial $1.71 billion turnover. Meanwhile, PancakeSwap (CAKE) impressed with a 20.9% gain, priced at $3.65 and a trading volume of $940 million.
Top Gainers and Losers
Among today’s standout gainers, Jelly-My-Jelly (JELLYJELLY) nearly doubled in value, soaring 97% to $0.1005 with $138 million in trading volume. Giggle Fund (GIGGLE) jumped 48.1% to $79.85, while Polycule (PCULE) gained 49.4% to $0.04746.
On the downside, AtomOne (ATONE) dropped 28.9% to $0.7125, MYX Finance (MYX) tumbled 26.4% to $8.44, and Saros (SAROS) declined 20.3% to $0.2409.
DeFi and Stablecoins
The decentralized finance (DeFi) sector showed mild weakness, with its market cap slipping 0.5% to $172 billion. The DeFi market’s 24-hour trading volume came in at $11.38 billion, representing 4% of the global crypto market. Stablecoins held steady, commanding a $308 billion market cap with $171.64 billion in daily trading, reflecting stability within the sector.
Market Sentiment: Fear and Greed Index
The Fear & Greed Index currently sits at 71, firmly in the "Greed" territory. This marks a sharp turnaround from last week’s reading of 33 (Fear) and last month’s 51 (Neutral). The shift highlights a strong bullish sentiment sweeping across markets, with traders increasingly willing to take risks.
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| Source: Alternative Me |
Latest Market Developments
ETF Filing Frenzy
The race to bring cryptocurrency exchange-traded funds (ETFs) to market is intensifying. More than 30 new ETF filings hit the Securities and Exchange Commission (SEC) this week, with firms like REX Shares and Osprey Funds submitting an impressive 21 spot product applications covering major coins such as XRP, ADA, and SOL. Uniquely, many of these filings include staking rewards, a potential game-changer in the ETF landscape. Market analysts suggest this surge in filings is just the beginning, fueled by recent SEC rule changes that appear favorable to digital asset products.
Coinbase and Samsung Collaboration
Coinbase has taken a significant step toward mainstream adoption by teaming up with Samsung. Over 75 million U.S.-based Galaxy users now have access to Coinbase One benefits, including zero trading fees and enhanced staking rewards. Furthermore, the integration of Samsung Pay allows for instant cryptocurrency purchases, pushing the envelope on accessibility. While some users have raised privacy and surveillance concerns, the partnership represents a landmark moment for crypto’s integration into everyday technology.
MARA Bitcoin Mining Milestone
MARA Holdings capped off September with notable growth in its mining operations, producing 736 Bitcoins, a 4% increase from the previous month. The company mined across 218 blocks and increased its total Bitcoin holdings from 50,639 to 52,850. This solidifies MARA’s status as the world’s second-largest public company holder of Bitcoin, trailing only behind Strategy, which boasts an extraordinary 640,031-Bitcoin treasury. The achievement underscores the increasing role of industrial-scale miners in securing Bitcoin’s network.
Trump’s Economic and Currency News
In a political twist, President Trump recently floated plans for $1,000 to $2,000 stimulus checks, funded by tariff revenue. The announcement was quickly followed by the White House unveiling plans for new $1 coins featuring his face. While the move has sparked heated debates, analysts argue that it highlights renewed public interest in hard assets and alternative currencies, including cryptocurrencies, as stores of value.
WLFI Token Developments
WLFI, a cryptocurrency project linked to the Trump family, addressed recent community concerns regarding a major token transfer. According to project leaders, the tokens sold to Bitcoin miner Hut8 at $0.25 each were from existing locked supply, not newly issued tokens. This distinction reassured investors that dilution is not a factor. Despite WLFI trading near $0.20 on exchanges, Hut8’s premium purchase price signals strong institutional confidence in the token’s long-term prospects.
Coinbase Regulatory Advances
Coinbase is taking steps toward greater regulatory alignment. The company has applied for a national trust charter from the U.S. Office of the Comptroller of the Currency (OCC). If approved, Coinbase would join Circle, Paxos, and Ripple in receiving federal oversight. While Coinbase emphasized it does not intend to become a bank, executives argue that enhanced regulatory clarity will enable the firm to expand services, strengthen asset safeguards, and better bridge the gap between crypto and traditional finance.
Tether and Antalpha Partnership
In another significant development, Tether is reportedly collaborating with Antalpha to raise more than $200 million for a new digital asset venture focused on its gold-backed token, XAUt. The partnership builds on their expanding relationship, following Tether’s recent acquisition of an 8.1% stake in Antalpha. Plans include XAUt-backed lending products and the establishment of global gold vaults, further strengthening Tether Gold’s position as a leading asset in the tokenized commodity market.
Outlook
As markets continue to digest these developments, analysts remain optimistic about the sector’s trajectory. The rise in Bitcoin prices, coupled with institutional participation and regulatory progress, suggests that the crypto market is entering a new phase of maturity. At the same time, meme coins and emerging tokens continue to demonstrate the volatile yet opportunistic nature of the space. With macroeconomic shifts, regulatory updates, and corporate adoption driving sentiment, the remainder of the year is poised to be one of the most pivotal in cryptocurrency history.
Writer @Erlin
Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.
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