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Key News & Narratives
· Ethereum's Glamsterdam Testnet: The biggest upgrade since The Merge goes live on Sepolia today, bundling EIP-7732 (enshrined PBS) and EIP-7928 (parallel processing). Mainnet targets Q4 2026.
· Macro Backdrop: September NFP came in at just 29K vs 90K expected, cutting October rate hike odds. However, the 10-year Treasury yield holds near 5.25%, keeping pressure on risk assets.
#FedSeptemberMinutes
#BTCWhalePressureEases
Market Snapshot
$BTC 85,900: Down 0.98% in 24 hours but up 3.21% for the week, testing the 83,000.
· 2,713: Dipped 0.38% but remains above the critical $2,700 mark, bracing for volatility as the Glamsterdam public testnet goes live today (Oct 6).
· 120.92: Slipped 0.25%, holding steady above its 100 EMA.
· 1.50: Fell 1.02% but remains up 2.03% over the week.
· Total Market Cap: ~$2.93T, down 0.30% in 24 hours.
· Fear & Greed Index: 73 (Greed), recovering from recent lows.
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1#SepFOMCMinutesHikeWatch
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