Uptober in Full Swing as Crypto Market Tops $4.3 Trillion: Here’s What to Expect

In brief

  • Global crypto market cap hit an all-time high of $4.35 trillion on October 6, with Bitcoin surging past $126,000 and Ethereum crossing $4,500.
  • Spot Bitcoin and Ethereum ETFs have attracted over $70 billion in inflows since January 2025, with last week alone seeing $4.5 billion in record flows.
  • Technical indicators show mixed signals: bullish momentum remains strong, but there are signs of exhaustion.

October is living up to its nickname. “Uptober”—the crypto community’s term for what’s historically been Bitcoin’s most bullish month—has arrived with fireworks, catapulting the entire crypto market past $4.35 trillion in total value on Monday. Bitcoin smashed through its previous all-time high over the weekend, peaking at…

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