Morning Minute: Uptober Off to a Green Start
- —BTC rallied to $86,500 on Sunday, up 2.07% on the day and 8.57% over the past month
- —Spot Bitcoin ETFs took in $134.4M in October after September closed with a $148.7M outflow
- —Pump.fun led onchain protocols in weekly revenue with $17.9M
- —Hyperliquid received its first $14.58M USDC payment and began HYPE buybacks
Why it matters: Gains are spreading beyond Bitcoin to revenue-generating protocols with buyback programs, potentially forcing the last remaining bears to capitulate.
Source: Decrypt