🔥 Market Recap (Oct 17) - BTC Slides Below $105K as Market Plunges — Is This the Beginning of a New Downtrend? 📊 Market Snapshot • $BTC: below $105K • $ETH: below 4,000 • Altcoins: drown in red • BTCDOM: 59.64% • Total Crypto Market Cap (): $3.78T • Fear & Greed Index ( 32 – Fear • Altcoin Season Index ( 29/100 🕯 ETF Flows ( (Oct 16) • BTC: -$530.9M (no purchases) • ETH: -$56.8M (only Blackrock purchased) • SOL: -$2.9M --- • Polymarket launched “up/down equity markets”, enabling users to bet on stock price movements with The Wall Street Journal and Nasdaq as official resolution sources ( — further blurring the line between TradFi and on-chain prediction markets. • US Government now holds 316,760 BTC (~$35.9 B), ( per CryptoQuant, making it one of the largest Bitcoin holders globally. • Gold becomes the first asset in history to surpass $30 trillion in market capitalization ( underscoring its enduring role as a global safe haven. • Trump family reportedly earned over $1 B from crypto in the past year ( According to the Financial Times investigation, the President and his family built a rapidly expanding crypto empire, generating $1 B+ in pre-tax profits within just twelve months. • Machi Big Brother got liquidated again, his account now down to only $32.8 K ( — a stunning reversal from +$43.6 M in profits to -$13 M in losses. • Ripple Labs aims to raise $1 B via a SPAC ( creating a digital-asset treasury to accumulate $XRP, per Bloomberg.