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Bitcoin Blasts Past $116K as 'Uptober' Propels Crypto Market Cap to $4T

Summary by World NEWS Live
In brief Bitcoin has pushed above $116,000, tipping the total crypto market capitalization over the $4 trillion mark. Analysts cited ETF flows, macroeconomic optimism, and a historically bullish fourth quarter trend as key drivers. A sharp drop in the options skew shows traders are abandoning downside protection. 'Uptober' is off to a good start. Bitcoin surged past $116,000 Wednesday morning, erasing most of its losses from the past two weeks a…
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At the beginning of the month, the crypto market meets two factors that influence trade activity: the Chinese Golden Week and the government downfall in the USA. Source: BTC-ECHO BTC-ECHO

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Blockhead broke the news in on Wednesday, October 1, 2025.
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