Crypto Market Update Today: US Shutdown, Trump Investment, US Fed Jobs

The global crypto market cap is $4.38 trillion, up by 1.2% in 24 hours, with $195 billion in trading volume. Bitcoin dominates at 56.8%, followed by Ethereum at 12.9%, while the XRP ecosystem and Made in China cryptocurrencies lead gains.

Major Crypto Market Events Today

Source: Forex Factory

24 Hour Crypto Market Update

Bitcoin (BTC) trades at $124,582 with a 0.6% rise, supported by $66.6 billion trading volume and a massive $2.48 trillion market cap, reflecting strong investor confidence.

Top 5 trending crypto coins:

• Bitcoin (BTC) is at $124,727, rose by 0.5%, with a trading volume of $67.6 billion.

• Manyu (MANYU) has a price of $0.074475, down by 11.3%, with a trading volume of $3 million.

• SX Network (SX) is priced at $0.08449, up 19.1%, with a trading volume of $233K

• Aster (ASTER) is trading at $2.08, up by 8.1%, with a trading volume of $2.2 billion.

• Pudgy Penguins (PENGU) is priced at $0.03295, rising 5.1%, with a trading volume of $502 million.

Top 3 Crypto Gainers Today:

• ChainOpera AI (COAI) surged 467% today, priced at $2.24, with a TV of $424M.

• AtomOne (ATONE) rose 148.5%, trading at $1.92, with a TV of $1,6M.

• Bless (BLESS) increased 74%, priced at $0.05826, and a TV of $157M

Top crypto Losers today

• Everlyn (LYN) falls 51%, now trading at $0.2959 with a total TV of about $35M.

• PunkStrategy (PNKSTR) has dropped 30.1%, currently priced at $0.1899 with a TV of approximately $37M.

• Tutorial (TUT) fell 16.5%, trading at $0.08347 with a TV of around $72.3M.

The Defi market cap stands at $175 billion, with a 3.2% upward trend in 24 hours, with a trading volume of $11.3 billion, reflecting 4% dominance in the global crypto spehre.

The stablecoins market currently holds a $309 billion market cap, reflecting a 0.2% positive change in the last 24 hours, with a total trading volume of $144 billion.

Fear and Greed Index Today

Source: Alternative Me

The Fear and Greed Index today signifies Greed (70), similar to yesterday's 71. However, last week and last month were strongly inclined to be more cautious, leading to low-confident investors. Today, the index shows optimistic dots on the chart, signifying huge risk-taking investments.

Latest Market News Today

Ken Griffin Interview Details: Citadel founder Ken Griffin told Bloomberg that investors are increasingly buying gold, silver, and Bitcoin in a “debasement trade,” seeking safer assets than the U.S. dollar. He expressed concern over this trend, noting rising prices outside the dollar as markets attempt to de-dollarize and reduce exposure to U.S. sovereign risk.

US Government Shutdown News : The U.S. government shutdown entered its sixth day as Democrats again blocked a Republican funding bill. GOP leaders accused them of prioritizing migrant aid over Americans, while Democrats blamed Republicans’ rigid border demands. The ongoing standoff threatens to delay federal services for millions across the country.

Cathie Wood ARK Investment in BlackRock: Cathie Wood’s ARK Venture Fund has invested around $10 million in Securitize, a tokenization firm backed by BlackRock . The move makes Securitize ARK’s eighth-largest holding. Securitize has issued over $4.6 billion in tokenized assets and manages BlackRock’s BUIDL fund, which currently holds $2.8 billion in assets under management.

US Federal Job Market News: The US federal job Market is set to drop by about 100,000 in September and October, following mass voluntary resignations. This will reduce the federal workforce to 2.81 million—the lowest since 2019—and just 1.76% of total nonfarm payrolls, highlighting risks in managing the economy amid delayed, revised labor data.

Trump Latest News: President Trump’s administration is rapidly expanding its strategic Trump investment portfolio, securing stakes in key U.S. industries. Recent moves include 10% in Intel, Lithium Americas, and Trilogy Metals, 15% in MP Materials, and a golden share in U.S. Steel. Trilogy Metals' stock soared over 210% following the latest government acquisition announcement.

Vietnam’s New Digital Industry Law: Vietnam’s Deputy Finance Minister Nguyen Duc Chi announced that the country will cap its crypto exchange pilot at five licensed operators. The initiative, under the new Digital Technology Industry Law, aims to regulate taxation and compliance, though experts warthat n strict licensing could drive innovation and liquidity offshore.

Disclaimer: Coingabbar provides informational content on cryptocurrencies, NFTs, and other decentralised assets. This is not financial advice. Users, please DYOR, understand the risks, and consult financial professionals before investing. CoinGabbar is not responsible for any financial losses. Crypto and NFTs are highly volatile—invest wisely.