Upctober (UPCTOBER)

On Oct. 3, bitcoin ( BTC) came close to breaching the $124,000 mark, fueled by growing optimism around the “Upctober” narrative sweeping through the crypto economy. According to Bitstamp data, BTC peaked at $123,966 before pulling back to settle just below $122,000 by 3:00 p.m. EST. The rally, which began at the start of the month, has reignited hopes of a year-end push toward a new all-time high (ATH).

While bitcoin’s near-breakout dominated headlines, Binance Coin ( BNB) stole the show with a powerful surge to a new ATH of $1,173, according to Coinmarketcap. BNB jumped 9% on the day—the largest gain among major altcoins—bringing its weekly rise to 20% and pushing its market capitalization past $162 billion. Since trading just above $550 on April 8, BNB has more than doubled in value and now appears poised to challenge USDT for the fourth spot among top digital assets.