Although not many news outlets are reporting it today, we’re seeing a curious twist as gold prices are falling, down more than 2% from roughly $4,390/oz to as low as under $4,200. At the same time, the Bitcoin price (BTC USD) is holding steady just under $107,000, with a 1.6% daily gain.
Trading volumes for BTC USD spiked near $78 billion in the last day, a slight hint that money is rotating out of traditional assets and into crypto.
The idea of a wealth rotation to BTC USD is gaining traction. Bitcoin’s market cap sits around $2.13 trillion, showing the resilience of the top coin even as gold pulls back.
On‑chain and ecosystem data back this narrative as the stablecoin market cap is up. A monthly increase of 5.7% to $307 billion, per DefiLlama, with DeFi total value locked (TVL) stands near $149 billion, with DEX volume up 3.8% week‑over‑week.
(source – Stablecoins MarketCap, Defillama)
Technically, BTC USD looks encouraging. On the daily chart, MACD has shown a bullish crossover. Circulating supply is getting tightened on every halving, which feeds the scarcity narrative, one of
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pros against gold.
On top of that, the correlation data between Bitcoin and gold is interesting. Short‑term (30‑day) correlation has dropped into negative territory (‑0.54), meaning in the near term they’ve moved in opposite directions. However, over longer timeframes (90‑ and 365‑day), the correlation remains moderately positive (0.39 and 0.60, respectively).
In plain language, gold dumping doesn’t automatically mean Bitcoin must dump. In fact, it’s likely signaling the opposite. So, what’s next?
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Bitcoin Price Strength Building as Indicators Support BTC USD Upside: Sentiment, Market Positioning & the Bull Case
Sentiment is firmly in the “fear” camp. The crypto fear & greed index currently reads 23/100 according to CoinCodex, which is classified as Extreme Fear. Historically, readings this low often presage positive turns for the Bitcoin price. As Buffet says:
Be greedy when others are fearful, and fearful when others are greedy
Crypto Fear and Greed Chart
On social media, tracked samples show more bullish than bearish chatter. We asked GROK to gauge the sentiment from 50 bullish vs 50 bearish posts, and the AI model comes with data that shows bearish posts engage more users. Based on this, we can easily say that the sentiment is at rock bottom at the moment.
(source – GROK)
On Polymarket, bettors are leaning toward BTC USD to dip under $100,000 by year‑end with 68% probability. But herein lies the contrarian edge: when the crowd expects stagnation or a drop, often the market surprises to the upside via a squeeze of shorts or rotation of funds.
(source – Polymarket)
Notably, Michael Saylor in recent commentary sounded cautious about the near term, yet his long‑term stance remains unchanged. Some interpret this cautious tone as a setup of sorts, positioning for a move higher, while many expect weakness. According to him, this dip is a gift.
Volatility is a gift to the faithful.
— Michael Saylor (@saylor) October 17, 2025
When gold is retreating and Bitcoin price is firming, the possibility of capital flowing into BTC USD becomes real. With ecosystem metrics improving, sentiment low, supply tight, and technicals showing promise, we could be at the early stage of a wealth rotation.
Forget the news and the bearishness today, Bitcoin and crypto might be setting up for their next move.
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COAI Crypto Drops After Sprinting 100X: Is Chain Opera AI Run Finished?
After a 100x sprint, COAI, once hyped as the best crypto to buy now, slumps over -52% in a day as euphoria cools and on-chain scrutiny grows.
ChainOpera AI’s token, COAI, tumbled nearly -52% in the past 24 hours after a week of rapid gains that pushed it into the multi-billion-dollar range.
(Source:Coingecko)
By Saturday evening ET, COAI was trading around $10-$11 with about $295 million in daily volume on major exchanges.
The drop follows growing discussion about heavy profits among top wallets and possible coordinated selling.
The correction came soon after COAI’s explosive rally from about $0.14 on Sept. 26 to an all-time high near $44.90 on Oct. 12, a surge of more than 100x in just over two weeks.
Read the full story here.
Tom Lee Bought $281 Million in Ethereum Crypto: Does He Know Something We Don’t? Will ETH Hit A New High?
Tom Lee and his Ethereum bet is back in the headlines this time on reports of a fresh $281 million buy that has crypto traders asking what he sees next for ETH.
Tom Lee’s BitMine Immersion reportedly bought 72,898 ether, worth about $281 million, within the last 24 hours.
BREAKING: 🇺🇸 Tom Lee's Bitmine Immersion just bought $281 million worth of Ethereum. pic.twitter.com/sdzhLhj9N5
— Ash Crypto (@Ashcryptoreal) October 18, 2025
BitMine’s Ethereum holdings have risen to 3.03 million ETH, about 2.5% of the total circulating supply, after adding roughly 202,000 tokens since Oct. 6.
🧵
BitMine provided its latest holdings update for Oct 13, 2025:
$12.9 billion in total crypto + "moonshots":
– 3,032,188 ETH at $4,154 per ETH (Bloomberg)
– 192 Bitcoin (BTC)
– $135 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and
– unencumbered…— Bitmine (NYSE-BMNR) $ETH (@BitMNR) October 13, 2025
Analysts noted there are no visible transaction hashes, wallet addresses, or regulatory filings to verify the purchase. BitMine has not commented publicly on the claim.
According to Coingecko data, Ether traded around $3,830 to $3,870 on Friday, posting slight daily gains of +0.8% yet still below its early-October highs.
(Source: Coingecko)
The token remains under pressure after last week’s sharp correction, when the Oct. 10–11 liquidation wave, the largest in crypto’s history, briefly pushed prices into the mid-$3,400s.
Market observers say investors such as Lee appear to be accumulating during weakness, wagering that Ethereum’s long-term fundamentals will outweigh short-term swings.
Read the full story here.
SLERF Skyrocketing +600% After Delisted from Binance: Best Meme Coin to Buy?
The crypto world’s favourite alchemy, turning bad news into opportunity, has struck again with SLERF and is seen as the best meme coin to buy right now. Just after Binance announced the delisting of SLERF’s perpetual futures contract, the coin pumped by over 600% as shorts were squeezed and hype exploded.
This isn’t just another meme pump; it’s a textbook “reverse psy-op” where a delisting serves as a catalyst. For meme traders and FOMO-hungry speculators, SLERF crypto may just be flashing a significant opportunity. Let’s break it down.
Read the full story here.
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