Latest Cryptocurrency Crypto market News Today, October 2: BTC Requires an Additional 100% Shift Against USD to Overcome Nvidia — Is This Possible?
BTC USD is catapulting markets today. Bitcoin now sits around $118,500 after a 3.5% climb over 24 hours, and Nvidia is also in the news today after becoming the first company to hit $4.5 trillion valuation. Bitcoin, at around $2.36 trillion, would need another doubling to eclipse Nvidia. A steep hill to climb, yet the momentum says it’s not impossible.
The entire crypto sector is showing strength. The total market cap has crossed $4 trillion, aided by nearly $950 million pouring into Bitcoin ETFs in just two days. The Fear & Greed Index has surged to 64, from neutral territory yesterday, to slight greed.
Crypto Fear and Greed Chart
1y
1m
1w
24h
Bitcoin dominance is now 59%, up from earlier in September, suggesting that capital is rotating out of altcoins. Meanwhile, the Altseason Index sits at 73, hinting that Bitcoin is still the central play.
(source – Alt Market Cap, TradingView)
DISCOVER: 10+ Next Crypto to 100X In 2025
Momentum, BTC USD, Nvidia News Today, and Their Parallels
What’s fueling BTC USD rocket? CoinGecko reports that Bitcoin’s 24‑hour trading volume https://www.coingecko.com/en/coins/bitcoin is at $75 billion, and CoinGlass reveals elevated open interest and consistently positive funding rates, a sign of upward continuation.
(source – Funding Rate, Coinglass)
On the DeFi front, DefiLlama puts total value locked at $162 billion, up nearly 5% in a day , with healthy volume and liquidity across the ecosystem.
(source – DeFi TVL, Defillama)
Today, Nvidia also signals strength; the company just declared a quarterly dividend and remains central in AI news and narratives. Interestingly, some Bitcoin miners are pivoting hardware toward AI workloads, a crosspath of interests that could strengthen crypto, especially Bitcoin.
Bitcoin has also recorded a 4.5% gain in the 24 hours. CoinGlass shows that short liquidations have dropped, reducing potential downside drag. Twitter sentiment around Uptober is loud and bullish, with accounts noting Bitcoin added tens of billions in market cap in a single session. DefiLlama shows stablecoins’ supply around $298 billion, aiding liquidity for further BTC moves.
Uptober moving fast, $BTC at $118K before you even blink. pic.twitter.com/njmffdLzDi
— Kyledoops (@kyledoops) October 1, 2025
Ethereum
2.28%
Ethereum
ETH
Price
$4,391.10
2.28% /24h
Volume in 24h
$35.17B
Price 7d
is up 5%, trading near $4,400, but
Bitcoin
2.00%
Bitcoin
BTC
Price
$118,721.73
2.00% /24h
Volume in 24h
$61.63B
Price 7d
leads with nearly 59% dominance.
Dominance metrics show a potential peak near 60–61%, at which point rotation may begin. If that happens, and current patterns hold, there’s a plausible route for BTC USD to make that extra leap and overtake Nvidia in valuation, despite all the news today on the company valuation.
DISCOVER: 16+ New and Upcoming Binance Listings in 2025
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Meteora Crypto Airdrop for Jupiter Stakers: How to Become a Crypto Insiders for The Next Big Airdrop?
When Meteora crypto quietly confirmed its airdrop for Jupiter stakers, most people saw free tokens. But crypto insiders recognized something deeper, a reward system built around patience. Roughly 3% of Meteora’s MET supply is set aside, with 1% for all stakers and a bonus 2% for those who stayed locked in Jupiter without pulling out. The message? Loyalty gets paid.
We've finalized the airdrop for Jupiter Stakers.
1% of MET will be distributed to All Jupiter Stakers, with 2% for long-term believers who never unstaked.
Linear Airdrop, weighted on average stake Jan 1st – Sept 21st.
Let's 10x the LP Army and create opportunities for all. pic.twitter.com/ajFF9pJ2go
— Meteora (@MeteoraAG) October 1, 2025
The allocation is based on average staking amounts between 1st of January and 21st of September, 2025. Instead of handing out raw tokens, the rewards come in the form of liquidity NFTs. Tradable, yes, but designed to tie the holder to the platform. However, the Jupiter token itself has been falling from $0.8 on the first day of this year, to under $0.5 today.
Read the full story here.
ATONE Crypto Skyrockets 3000% In 7 Days: Is AtomOne and Cosmos Ecosystem Next 1000x Crypto?
What’s the next 1000x crypto? Unironically, those were only practice rate cuts from Jerome Powell and the Fed, and we’re pumping. And Atone Crypto, AtomOne’s token, is one of the few altcoins that exploded last week.
ATONE triggered renewed interest in Cosmos-based plays, pumping +754.4% over the last week. Besides solid fundamentals, the macro landscape is set to pump the wider crypto market.
Here’s what Powell did:
- Widen the wealth gap to levels not seen since the Gilded Age
- Neglect the labor market with fake data
- Use stealth QE to promote tangible assets like Bitcoin, gold and equities
- Profit
He did his job to perfection. But before you chase the AtomOne rocket, the charts suggest this was more blow-off top than sustainable breakout. Let’s dig in and see whether ATONE or Cosmos tokens still have real upside.
Read the full story here.
Claude AI Makes Insane Uptober Price Predictions For XRP, ASTER, and ADA – Best Crypto to Buy?
With the bullishness in the market, we decided to ask Anthropic’s Claude AI for its price predictions for XRP, ADA, and ASTER crypto, along with its choice for the best crypto to buy for ‘Uptober’.
Uptober is here,
Bitcoin
2.00%
Bitcoin
BTC
Price
$118,721.73
2.00% /24h
Volume in 24h
$61.63B
Price 7d
is trading for over $118,000, looking set for a $200,000 retest. Liquidity is flowing back into the crypto market en masse, with anticipation that October will see a slew of spot altcoin ETF approvals, coupled with another 25-basis-point rate cut from the US Federal Reserve.
gm to absolutely everyone except those still sitting on the sidelines.
I was excited for Uptober and Q4, but who would’ve thought we’d be kicking things off with such a bang?
Markets are looking strong already, and this is literally just day one. Many more to come.
Higher.
— Simon Dedic (@sjdedic) October 2, 2025
Read the full story here.
The post Latest Crypto Market News Today, October 2: BTC Needs One More 100% Move Versus USD to Topple Nvidia — Can It Happen? appeared first on 99Bitcoins.
![[LIVE] Crypto Update Today, October 2 – What’s Behind the Rise in Crypto? Bitcoin Approaches $119K, Crypto market Watches for the Next Crypto to Surge](https://i2.wp.com/99bitcoins.com/wp-content/uploads/2025/04/Fatima99btc.jpg?w=770&resize=770,470&ssl=1 "[LIVE] Crypto Update Today, October 2 – What’s Behind the Rise in Crypto? Bitcoin Approaches $119K, Crypto market Watches for the Next Crypto to Surge")
