Overview

• Spot ETFs logged heavy one‑day net inflows on Oct. 2, with roughly $627 million into bitcoin funds and $307 million into ether, extending a multi‑day streak.
• Bitcoin climbed as high as about $123,000, putting it within striking distance of its mid‑August all‑time high near $124,500.
• Banks boosted outlooks, with JPMorgan setting a $165,000 year‑end target, Standard Chartered flagging $135,000 near‑term, and Citi outlining $181,000 over 12 months and $132,000 for year‑end.
• Derivatives activity surged, with open interest elevated and recent 24‑hour crypto liquidations reported in the $380 million to $401 million range, mostly clearing shorts.
• Ethereum reclaimed key resistance around $4,300–$4,500 alongside ETF inflows, while Zcash jumped about 146% in a week after Grayscale launched a private‑placement Zcash Trust that reported roughly $46 million in assets.