CryptMarket Analysis — 4-10-6
Crypto markets surged in the past hours, with Bitcoin breaking above $119,000 as ETF inflows and robust derivatives positioning fuel bullish momentum. Altcoins followed suit, posting double-digit gains—seen in Zcash's 16-month high and notable rallies in Aptos and NEAR, signaling fresh risk-on appetite among traders. The ongoing U.S. government shutdown further stoked safe-haven demand, lifting both Bitcoin and gold in tandem. Regulatory clarity continues to unfold globally, while increased institutional participation (notably through futures and ETF products) suggests renewed confidence and potential for new all-time highs ahead.
Short-term sentiment is decidedly positive, reflecting strong macro tailwinds and rising adoption, though traders remain watchful of upcoming economic reports and further regulatory developments as October's momentum builds.