Haftalık Bülten - 01.10.2025 17:46

Pulse of the Chain 23- 30 September 2025

MARKET OVERVİEW

Bitcoin is trading around 113,000 USD, moving in the 112,000–115,000 USD range. 

Despite limited volumes, it shows strength, with the 114,000 USD support critical. Rising institutional purchases and positive regulatory developments support further upside. Ethereum trades between 4,150–4,200 USD. Short-term pressure from spot ETF outflows is limited, while institutional demand and Layer-2 interest keep ETH robust in the medium term. Overall outlook is cautiously positive, with support levels holding and the market poised for upward momentum. Investors remain cautiously optimistic over the medium and long term despite short-term fluctuations.

KEY DEVELOPMENTS

The SEC issued a rare “no-action” letter to DoubleZero, indicating no enforcement; seen as a sign of shifting regulatory approach. 

ING, UniCredit, and partners launched a euro stablecoin initiative, aiming to strengthen the EU’s digital euro infrastructure. 

The SEC will make final decisions in October on 16 crypto ETF applications, including Solana, XRP, and Litecoin. 

Massachusetts will present a Bitcoin reserve proposal to a public hearing on October 7 as a way to allocate budget surpluses.