Bitcoin is America's new gold rush

October 07, 2025

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Is Bitcoin the new “American Dream” after hitting $126K?

Key points:

  • Bitcoin’s rise to $126K happened in tandem with U.S homes becoming 90% cheaper in BTC terms.

  • Institutional inflows and record ETF growth are evidence of strongest Q4 setup in years.

News - Bitcoin [BTC] hit a new ATH of $126,296 on 06 October. However, the milestone represents more than a price surge; it’s a huge shift in what wealth means. As home ownership becomes increasingly out of reach, Bitcoin is emerging as the new symbol of financial freedom.

U.S home prices have risen by over 50% since 2020. And yet, in Bitcoin terms, they’ve collapsed by 90%. Back then, a typical home cost around 40 BTC. Today, it’s worth fewer than 5 BTC. For many, Bitcoin - and not real estate - now defines the modern “American Dream.”

ETF fever and institutional support - Institutional demand is continuing to rewrite history too. The iShares Bitcoin ETF [IBIT] is on the verge of surpassing $100 billion in AUM. It might do so in under 450 days what the world’s largest ETF, the Vanguard S&P 500 ETF, took over 2,000 days to achieve.

Rapid capital inflows have been major catalysts behind Bitcoin’s resilience and momentum through late September and into October.

More upside ahead? - According to VanEck’s Mathew Sigel, Bitcoin could ultimately be worth half of gold’s $26 trillion market cap. This would mean a long-term target of $644,000 per BTC.

Since Q4 is historically Bitcoin’s strongest stretch, analysts expect the current rally could extend towards $150K-$180K. Especially if ETF inflows and institutional confidence persist.

Institutions, apps, and corporates drive Solana’s surge

Key points:

  • Solana funds saw record inflows of $706.5M in a single week.

  • September’s $140M DApp revenue made it the top-earning blockchain.

News - Solana [SOL] just had its biggest week ever. According to a recent CoinShares report, the network saw $706.5 million in weekly inflows, more than double its previous peak - Pushing the total AUM past $5 billion for the first time.

On-chain, Solana’s ecosystem delivered a strong month too. DApps brought in over $140 million in September - The highest among all Layer-1 and Layer-2 blockchains. Apps like Pump.fun ($67.8M) and Axiom ($33.8M) led the charge, underlining how active Solana’s user base has become.

Treasuries stack SOL - Nasdaq-listed Solana Company (formerly Helius Medical Technologies) announced in a recent press release that it now holds over 2.2 million SOL, worth about $530 million at current prices.

The firm’s strategy is similar to MicroStrategy’s Bitcoin playbook - Using crypto as a long-term value asset. More public companies are starting to add Solana to their balance sheets, with the same fueled by growing institutional interest, especially in Asia.

U.S Bitcoin Reserve could launch “anytime” - Senator Lummis

Key points:

  • Senator Cynthia Lummis believes funding for the U.S. Strategic Bitcoin Reserve (SBR) can begin “anytime.”

  • The initiative, backed by President Trump’s executive order, could see the U.S government buy Bitcoin soon.

News - Crypto advocate and U.S Senator Cynthia Lummis is in the news today after claiming that funding for the long-awaited SBR could “start anytime,” though the legislative process remains slow. The Senator from Wyoming credited President Donald Trump’s support for accelerating the initiative, even as the formal framework continues to move through Congress.

A clear plan - According to official documents, the SBR will initially be funded with Bitcoin already held by the U.S Treasury - Largely seized from criminal and civil cases. Over time, additional BTC could be acquired through “budget-neutral” means, ensuring no added cost to taxpayers.

Enthusiasts are excited - Bitcoin advocates like Anthony Pompliano and ProCap BTC’s Jeff Park believe the first real catalyst will be when the U.S. government starts actively purchasing BTC.

In fact, Park has suggested leveraging the $1 trillion in paper gains from gold to reinvest in Bitcoin, arguing it could meaningfully reduce the $37.88 trillion national debt over time.

According to Pompliano, the eventual buying announcement will be “the main dish,” one that could reshape global Bitcoin demand.

EU targets Ruble-backed stablecoin A7A5 in new sanctions push

Key points:

  • The EU is considering sanctions against A7A5, the largest ruble-backed stablecoin.

  • A7A5’s market cap spiked by 250% following previous EU crypto restrictions in September.

News - The European Union is reportedly weighing new sanctions targeting A7A5, a ruble-pegged stablecoin that has become the largest non-USD stablecoin in the world.

According to a recent Bloomberg report, the proposed measures would bar EU-based firms and individuals from engaging with the token - directly or indirectly - via third parties. Several banks in Russia, Belarus, and Central Asia are also under scrutiny for allegedly facilitating crypto transactions linked to sanctioned entities.

The numbers - Ironically, A7A5’s prominence has grown since the EU’s 19 September sanctions, which cut Russian residents off from major crypto platforms. Just a week later, A7A5’s market cap exploded from $140 million to $491 million - A 250% jump in a single day.

It now sits at around $512 million, representing approx. 43% of the total market cap of non-dollar stablecoins. In terms of pure figures, it’s well ahead of Circle’s EURC ($255 million).

Next steps - The proposal will need the unanimous backing of all 27 EU member states before it can take effect. The European Council has described sanctions as a tool to influence the “policies or actions” of targeted actors.

However, in this case, enforcement could prove complex.

Interesting facts

  • There was once a hamster named Mr. Goxx who literally "traded" cryptocurrencies. It spun wheels or ran through tubes to pick which coin to buy/sell. That hamster’s portfolio beat Warren Buffett at one point.

  • The Hellcat crime group once hacked Schneider Electric and gave a ransom choice - Pay in Monero (A privacy coin) or pay in French baguettes worth the same. Eventually, they demanded Monero.

  • Ukrainian tennis player Oleksandra Oliynykova once tokenized 15 cm of her arm so that the buyer could choose a tattoo or design to be permanently inked there. This was sold as an NFT!

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Top 3 coins of the day

PancakeSwap (CAKE)

Key points:

  • RSI at 72 hinted at slight overheating, but bulls are still in control.

  • Next resistance zone lies between $4.30 and $4.50.

What you should know:

CAKE has surged by 56% over the past week, breaking above $4 for the first time since early August. The chart showed sustained bullish momentum with strong green candles and higher lows, supported by a rising trendline. The RSI was near 72, showing overbought conditions, but no immediate reversal signs yet.

Meanwhile, the MACD continued to widen in the positive zone, showing strong buyer dominance. If momentum holds, CAKE could aim for the $4.30-$4.50 range next. However, minor profit-taking might cool the rally short term.

Key points:

  • XPL’s RSI neared the overbought zone - A sign of possible short-term cooling.

  • CMF indicated strong buying pressure sustaining the uptrend.

What you should know:

Plasma has surged by 19% in the last 24 hours, showing strong bullish momentum. On the hourly chart, price action remained above the ascending trendline, indicating that buyers may still be in control.

The RSI at 68.4 indicated near-overbought conditions, but not an immediate reversal signal. Meanwhile, the CMF at 0.17 reflected consistent capital inflows, further supporting bullish strength. If the current momentum holds, a push beyond the $1.06 resistance could open the path towards $1.10. However, a dip below the trendline may invite short-term selling pressure.

Memecore (M)

Key points:

  • M remained in a short-term downtrend, despite mild recovery attempts.

  • A breakout above $2.20 could fuel bullish momentum.

What you should know:

MemeCore has dropped by nearly 14% over the past week, with the chart showing consistent selling pressure. After forming a series of lower highs, the token briefly attempted a rebound. Alas, it failed to close above the descending trendline.

The RSI was at around 50; neither strongly bullish nor bearish. However, the lack of volume-backed recovery indicated that the bulls are still hesitant. If M closes above the $2.15-$2.20 zone, it could confirm a short-term trend reversal. Otherwise, further downside towards $2.00 might be possible.

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