What happened this week?

Bitcoin set a new all‑time high on Monday, October 6, as total crypto market cap fell 6.5% for the week. Macro remained the main market driver: two more 25 BPS Fed cuts by year‑end 2025 are expected, with the next FOMC on October 28–29. Bitcoin ETFs saw a record $1.16B net inflow on October 6—while wallets holding 10–10,000 BTC accumulated 109,330 BTC over 10 weeks as smaller wallets sold. Short‑term risk rose with Bitcoin’s MVRV at +4.1% on the 30‑day window (365‑day +17%), even as a 10.4% four‑month drop in Mean Dollar Invested Age (443→397 days) signaled new money coming in. Among majors, BNB surpassed its ATH to claim the #3 spot, while Litecoin’s high MVRV put its rally in the danger zone. Interest tilted toward privacy coins, Santiment’s Activity Matrix flagged Telcoin, Pax Gold, and Synthetix as “hot” (Crypto.com Coin, Holo, and Radium “cold”), and Metamask USD led 30‑day development activity.