Why is Crypto Rising Today? SPX, FARTCOIN, and AIC Soar to New Heights
What’s driving the crypto surge today? The digital currency trading market opens the week on a positive note as BTC achieves a new all-time peak and a declining dollar enhances risk appetite, with SPX, FARTCOIN, and AIC leading the most significant movements on Sunday prior to the FOMC.
The crypto sector increased in value over the last 24 hours, prominently driven by meme and AI-related tokens following Bitcoin’s remarkable rise past $125,000 on Sunday.
As the overall market valuation climbed, SPX6900 (SPX), FARTCOIN, and AI Companions (AIC) emerged as prominent gainers. Their increases mirrored renewed investments into US spot BTC ETFs and a softer dollar that boosted risk sentiment.
I just had a conversation with a highly regarded insider.
The $BTC bull market is merely beginning.
$165K by the year-end is the baseline expectation. pic.twitter.com/xZRXVkmfNx
— Gladiator (@Gladiator21M) October 5, 2025
Bitcoin’s breakthrough over the weekend, occurring during Asian trading hours, set the stage for Monday’s crypto market activity ahead of FOMC. The movement was fueled by robust ETF interest and favorable macroeconomic conditions.
Per SoSoValue data, US spot Bitcoin ETFs attracted approximately $3.2Bn to $4.5Bn in net inflows last week, marking one of the highest weekly totals since their introduction. This influx of capital fueled momentum across altcoins.
#DXY (US Dollar Index): Viewed from a Weekly Chart Perspective https://t.co/CJ83kRdkJi
This chart indicates that DXY is resting on a long-term upward support line that has sustained multiple tests since 2015. The price recently approached this support again near 96.37, establishing it as a crucial level.
Price… pic.twitter.com/XnhB1wGILL
— KLEJDI CUNI (@TradingPuzzles) October 5, 2025
On the other hand, the US Dollar Index (DXY) fell towards 97.7 late last week, providing more space for risk assets to flourish. The total value of the crypto market now stands at nearly $4.2 trillion, showing a slight increase for the day.
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What’s Fueling the Rise of SPX, FARTCOIN, and AIC in Today’s Meme Coin Surge?
SPX increased by approximately +11% in the last 24 hours and +55% in the past week to around $1.56, marking a total climb of about 58% over seven days.
Trading volume surpassing $100 million on major exchanges indicates enhanced liquidity since Coinbase integrated the coin in early September.
The Solana-based meme crypto token FARTCOIN increased by about 12% in the past 24 hours, nearing $0.70. It has now positioned itself among the top movers in the AI/meme token segment, according to category trackers.
According to CoinGecko the trading volume hit $235M in 24 hours, with Coinbase among the most active exchanges indicative of widespread, multi-exchange trading.
In the meantime, AIC surged 14% during the same timeframe (to about $0.55) and has gained approximately 78% throughout the week.
This rally follows the news from the project team regarding a buyback and burn initiative worth seven figures, which was heavily promoted on X. The burn event took place last week, accompanied by additional updates over the weekend. (“Our $1,000,000 buyback and Burn campaign is STILL ongoing,” the team announced.)
After BTC achieved a new high, it seems traders have redirected their attention to meme and AI tokens.
These assets frequently show more pronounced movements when liquidity is present and when narrative catalysts arise, such as trading protocol listings (as seen with SPX) or modifications in supply (like the burns associated with AIC).
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The article What’s Causing Crypto to Surge Today? SPX, FARTCOIN, and AIC Soar first appeared on 99Bitcoins.