News
Significance:
5/10

Risk Proxies Challenge Bitcoin's Bounce; HYPE, XMR Shine: Crypto Daybook Americas

https://www.coindesk.com/daybook-us/2025/10/23/risk-proxies-challenge-bitcoin-s-bounce-hype-xmr-shine-crypto-daybook-americas

Omkar Godbole, Francisco Rodrigues

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bullish
Bitcoin is attempting to top $110,000, with social media sentiment remaining bullish due to expectations of Federal Reserve rate cuts.
Bullish
HYPE futures open interest surged 17% in 24 hours, reaching a two-week high, indicating growing demand for leveraged bullish exposure.
Bullish
XMR is among the tokens showing double-digit gains.
Bullish
Jupiter's native token, JUP, rose more than 3% in the last 24 hours after the decentralized exchange posted strong growth across key business metrics.
Bullish
Expectations that the Federal Reserve will cut rates by 25 bps next week are supporting bullish sentiment.