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© 2026 The Markets Unplugged · Data in. Conviction out. - Published with Ghost & Aspect

Crypto Daily Alpha – 1 October 2024: Bitcoin Closes Q3 Strong and Enters Q4 with Momentum

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    Doc Doc
    Bitcoin on-chain analysis, market cycles, and holder behaviour at The Markets Unplugged. Creator of Alt Sector Radar and Bitcoin Barometer. Maps on-chain signals to cycle phases.
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  • October 1, 2024
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  • 9 min read
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Crypto Daily Alpha – 1 October 2024: Bitcoin Closes Q3 Strong and Enters Q4 with Momentum
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Doc here, welcoming you to October! Bitcoin closed the month strong at $63,352 as we enter the much-anticipated fourth quarter today. Despite a 2.4% drop in the last 24 hours, the momentum seems strong, and traders are keeping an eye on potential upside opportunities.


Project Updates

EigenLayer's Eigen Token Debuts with $651 Million FDV
EigenLayer’s Eigen token debuted with a fully diluted valuation (FDV) of $651 million. This new token launch is attracting significant attention as EigenLayer focuses on enhancing Ethereum's security through restaking mechanisms. The strong initial valuation suggests high investor confidence in the project’s long-term potential and its role in securing blockchain infrastructure.

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Doc Doc
Bitcoin on-chain analysis, market cycles, and holder behaviour at The Markets Unplugged. Creator of Alt Sector Radar and Bitcoin Barometer. Maps on-chain signals to cycle phases.
  • Website
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The Markets Unplugged · Data in. Conviction out.
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