📢 Today’s Top Crypto Headlines: 📉 Market Update • Total market cap –2.4% → $3.25T • $BTC –2.3% ($93,000) | $ETH –3.5% ($3,040) • Most sectors down 2%–5%, reflecting broad risk-off sentiment in global markets 🌐 Macro Factors Driving Sentiment • Key events this week: • US Nonfarm Payrolls (Sep) • Federal Reserve October meeting minutes (Thu) • Odds of a December rate cut drop from 88% → 44%, cooling market optimism • #Bitcoin –10% so far this month as expectations shift • Nvidia Q3 earnings (Wed) may influence risk assets, including crypto 🐋 On-Chain Whale Behavior • “Super whales” showing strong resilience despite market drop • Realized losses remain small vs. past corrections: • 1,000–10,000 $BTC wallets: $80M losses • 10,000–100,000 $BTC wallets: $40M losses • Long-term holders largely not selling, reinforcing strong support zone • Key BTC accumulation ranges: • $92K–$117K = major long-term support • $100K level saw the biggest reduction (–102K BTC) • $96K level added +160K BTC, mostly from panic selling at $100K 🇯🇵 Japan Moves Toward Major Crypto Tax Reform • FSA to reclassify 105 cryptocurrencies as “financial products” by FY2026 • Would apply a 20% capital gains tax, same as stocks • A major shift from current up to 55% miscellaneous income tax • Revised crypto list based on transparency, issuer reputation, technical soundness & volatility • New rules may target insider trading, limiting trades by insiders with privileged information Discover real-time, AI-powered market insights, only with SWFTGPT! 📲 Listen now: