Bitcoin is currently 36% below its October 2025 high, 335 days after that level was reached, while the median asset among the top 200 cryptocurrencies is down 58%.

But Glassnode found that privacy is the only sector that has moved above its October peak after gaining 213%, while every other sector remains below its level at the time, ranging from DeFi at 27% lower to Gaming at 74% lower.

Only Sector Above its October Peak

The divergence has persisted despite a broad market rebound over the past 30 days, during which all ten sectors posted gains. Privacy again led that monthly advance as it rose by 90%. The sector’s market capitalization also increased from $7.1 billion a year ago to $33.6 billion today, a figure roughly comparable to Tron’s market cap. Nearly half of that increase occurred during the past 30 days.

The biggest contributor to that expansion has been Zcash. Its market-cap ranking has jumped from 82nd to 10th, while its value has increased by more than 2,200% over the same period. It now represents 62% of the privacy sector’s total capitalization. Monero, meanwhile, doubled over the same period.

Despite ZEC’s outsized contribution, the gains extend beyond a single asset: all eight privacy coins with a full year of trading history are higher, compared with only one in eight assets across the broader top-200 market.

Excluding ZEC, the cap-weighted privacy basket is still up 85% over the year and 56% since Bitcoin’s October high. Over the past 90 days, DASH, XMR, and ZEN have each outperformed Bitcoin. Among the 25 largest assets, only four are above their October 6 prices: ZEC, HYPE, XMR, and WBT. Two of those four are privacy coins.

Sector Returns Diverge

HYPE is the clear exception among the major assets. Without HYPE, the DeFi sector would be down 46% for the year. Every other major crypto asset, including ETH and DOGE, is still trading below its October high.

A total of 91.5% of the top 200 assets posted gains over the past 30 days. That marks the broadest monthly advance in the history of the dataset. The picture changes considerably when the timeframe extends to a full year. Just 25 of the 200 assets are in positive territory, and the median coin has lost 55%.

The ten sector indices are also showing their widest gap in 30-day returns since November 20, 2025.

The post Zcash (ZEC) Rockets 2,200% as Privacy Coins Become Crypto’s Biggest Outlier appeared first on CryptoPotato.

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It appears that last week’s bitcoin purchase from the largest corporate holder of the cryptocurrency was an outlier, as the company has refrained from doubling down. Instead, its former CEO, Michael Saylor, announced minutes ago on X that the firm has repurchased another $176 million worth of STRC.

Moreover, it increased the size of the recently launched Digital Credit Securities Repurchase Program from $1 billion to $2 billion. Saylor’s post also reminded that the company currently holds 845,050 BTC and $6.5 billion in USD assets.

Strategy’s position recently turned green even after the minor correction in the past 24 hours. Its stash was bought at an average price of $75,412 per unit. Given BTC’s current trading price of $78,200, it means that the company stands on an unrealized profit of over $2 billion.

Strategy has repurchased $176M of $STRC and increased the size of its Digital Credit Securities Repurchase Program from $1.0B to $2.0B. As of 9/7/26, we hold 845,050 $BTC and $6.5B of USD Assets. $MSTR https://t.co/mxqv9QCRat

— Michael Saylor (@saylor) September 8, 2026

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It’s worth noting that Strategy’s purchase last week raised some eyebrows in the crypto community because it came at prices of over $80,000 while its sales were completed when the asset had tumbled to around $62,000. In other words, Strategy bought high after selling low.

Nevertheless, its STRC repurchasing program has benefited the underlying asset’s recovery. The shares, which are supposed to trade at par levels of $100, dumped to $75 earlier this summer, but have rebounded to almost $98 as of Friday’s close.

The post No Bitcoin for Strategy This Week as Focus Remains on STRC Buybacks appeared first on CryptoPotato.

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A string of incidents involving Coldcard, Lightning and Liquid highlights how AI is changing the economics of finding bugs in bitcoin infrastructure.

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Strive has continued its tradition of announcing its latest bitcoin purchases on X on Monday or the first business day of the week, similar to what Michael Saylor does for Strategy. In the example, after Labor Day came minutes ago, as CEO Matt Cole outlined a major $109 million BTC acquisition for 1,375 units, accumulated at an average price of $79,281.

Thus, the company’s stash has increased further and has now reached 24,531 BTC. Given the cryptocurrency’s current price tag of $78,200, this puts the USD valuation of Strive’s stash at just over $1.9 billion.

Strive acquired an additional 1,375 BTC for $109M at an average cost of $79,281 per bitcoin, bringing total holdings to ₿24,531.

70% of the capital raised last week came from $SATA, which now has $999M notional outstanding.

Time to break the billion-dollar wall.$ASST $SATA pic.twitter.com/qjjykekHTk

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— Matt Cole (@ColeMacro) September 8, 2026

Recall that the company announced an even more significant purchase last week when it added 1,800 BTC for $143 million at a similar average price.

Unlike the events from eight days ago, though, there’s a major discrepancy now. Back then, Strategy also outlined its first BTC purchase in over two months. Now, though, Saylor’s company said it has stood on the sidelines while refocusing on repurchasing STRC shares.

The post Strive Adds More Bitcoin as Total Holdings Rise Above 24,500 BTC appeared first on CryptoPotato.

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The deal could grant Circle vital, regulated “last-mile” infrastructure, bridging the gap between stablecoins and traditional local banking systems.

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Bybit announced today that it’s launching Forex Perpetual Contracts for EUR/USD, GBP/USD, and USD/JPY, extending its derivatives business into the trillion-a-day global forex market.

All the contracts will be settled in USDT. They have no expiry date and track the underlying spot currency pairs, while allowing traders to use crypto assets as collateral.

The move builds on a broader shift in which major cryptocurrency exchanges and trading venues, in general, are increasingly offering access to traditional financial assets through derivatives and tokenization.

FX Perpetuals Expand Bybit’s TradFi Suite

The first listings are EURUSDUSDT, GBPUSDUSDT, and USDJPYUSDT, with leverage of up to 100x, according to a statement by Bybit shared with CryptoPotato.

Unlike conventional Forex markets, Bybit’s contracts can be traded around the clock.

This would allow traders to react to decisions, geopolitical developments, and other macro events, even when the underlying FX market is currently closed.

The exchange also said that these products are designed to potentially help users hedge currency exposure while keeping their collateral in crypto.

Keep in mind that the launch follows the debut of the exchange’s TradFi Perpetual suite in April 2026.

Crypto Platforms Keep Expanding to TradFi Solutions

With the booming sector of real-world assets, more and more crypto-first exchanges are pushing towards traditional finance.

But that’s perhaps to be expected. Crypto traders want access to traditional markets, and providing that access from a single account seems like the most logical next step.

That said, FX perpetuals remain leveraged derivatives, which means that users face funding costs and liquidation risks rather than simply owning the underlying currencies.

It’s interesting to see whether these contracts can attract meaningful, sustained liquidity outside conventional FX trading hours as well.

The post Bybit Launches FX Perpetual Contracts, Starting With EUR, GBP, and USD Pairs appeared first on CryptoPotato.

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Ethereum has entered a consolidation phase after a sharp recovery from the $1.5K area.

The cryptocurrency is now trading slightly below $2.5K, holding relatively firm despite repeated tests of the upper end of its recent range. Meanwhile, exchange reserves continue to decline, pointing to a potentially constructive supply-side backdrop.

Ethereum Price Analysis: The Daily Chart

The daily structure has improved significantly over the past several weeks. ETH broke out of the prolonged base around the $1.9K zone and then reclaimed the $2.1K area, which had previously acted as major resistance.

The breakout was particularly strong, with ETH moving almost vertically from roughly $1.9K toward $2.5K. The price has since established itself above the moving averages shown on the chart, with both the 100-day and 200-day moving averages turning upward. This shows that the broader trend is transitioning from recovery toward a potentially bullish structure.

ETH is now trading inside a significant resistance zone around $2.4K-$2.5K, with the current price near $2.47K. The market has tested this area several times without a decisive daily breakout, making it the key level to watch. A sustained move above $2.5K could open the way toward the next resistance area, which sits around $3.3K.

On the downside, the first important support is the former breakout area around $2.1K. As long as ETH remains above this region, the recent structural improvement remains intact. The daily RSI is also noteworthy, as it has risen considerably from the deeply weak levels seen during the June bottom but has retreated below the traditional overbought threshold.

This points to a potential consolidation or correction until the market cools off and fresh buying pressure emerges.

ETH/USDT 4-Hour Chart

The 4-hour chart shows a much clearer consolidation structure. Following the explosive move from the $1.9K area, ETH has been moving sideways inside a roughly $2.35K-$2.55K range.

Repeated reactions from the upper end of this range suggest sellers remain active around $2.45K-$2.5K, while buyers have consistently defended the lower boundary near $2.35K-$2.4K. ETH is currently positioned toward the middle of the range, as indecisiveness is also evident in the 4-hour RSI, which is hovering around 50.

A confirmed breakout above $2.5K would strengthen the continuation setup and potentially expose higher resistance levels. Conversely, a break below $2.4K would suggest that the consolidation is turning into a deeper correction, with the $2.25K demand zone becoming the next major area of interest.

On-Chain Analysis

The exchange reserve chart provides an interesting backdrop to the technical picture. Ethereum’s exchange reserves have fallen steadily from above 21M ETH during 2025 to approximately 14.9M ETH currently, even as ETH has recovered toward $2.4K.

Exchange reserves measure the amount of ETH held on centralized exchanges. A persistent decline generally means fewer coins are immediately available on exchanges for potential selling, although the metric alone does not prove investors are accumulating.

The divergence is particularly notable in the latest portion of the chart. ETH has recovered sharply from its earlier lows while exchange reserves have continued trending downward. This suggests that the supply available on exchanges has not increased alongside the price recovery.

From a market-structure perspective, that can be supportive if demand continues to expand. With fewer ETH sitting on exchanges, a sustained increase in spot demand could potentially make it easier for price to move higher. However, treat the declining reserve trend as a supporting factor rather than a standalone bullish signal.

The post Ethereum Price Analysis: ETH Struggles Below $2.5K, Is a Deeper Pullback Coming? appeared first on CryptoPotato.

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SATA’s 13% annualised dividend and resilience around par are helping Strive raise capital and outperform Strategy.

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