[LIVE] Crypto News Today, October 6 – Bitcoin USD Price $124K, Is XRP Finally Ready To Hit $4? BNB Sets New ATH: Best Crypto To Buy?
Bitcoin
Bitcoin 0.98% Bitcoin BTC Price $123,433.02 0.98% /24h Volume in 24h $49.65B Price 7d Learn more continues to command market attention, holding firm around $124,000, just below its recent all-time high. With Ethereum
Ethereum 1.11% Ethereum ETH Price $4,537.08 1.11% /24h Volume in 24h $25.72B Price 7d Learn more trading above $4,560 and ETF inflows hitting record levels, momentum across the crypto market remains strongly bullish. Many traders are now scanning for the best crypto to buy as Bitcoin consolidates and altcoins begin to show renewed strength.
According to Coinglass, nearly $428 million in positions were liquidated over the past 36 hours — $186 million from longs and $243 million from shorts — underlining the growing volatility as prices test key resistance zones.
BNB Breaks Into Price Discovery With New All-Time High
Meanwhile, BNB
BNB 2.12% BNB BNB Price $1,199.24 2.12% /24h Volume in 24h $2.94B Price 7d Learn more has surged past $1,200 to set a new all-time high, reaching $1,214.42 with a 3.47% daily gain, according to Binance market data. Despite this rally, Coinglass reported about $256 million in market-wide liquidations — including $177M in longs and $79.11M in shorts — showing that leverage remains elevated.
Also, Mantle (MNT) has hit a new ATH at $2.16. Clearly, BNB’s move reinforces investor confidence in exchange-based tokens.
Happy new $MNT ATH day
+200% over the last quarter, following a suite of announcements between Bybit and Mantle on increasing MNT token utility.
Mantle Network's shift towards their vision in being the chain for RWAs and stablecoin institutional adoption brings about even… pic.twitter.com/4mE9nNwpKx
— Mantle's Reply Guy (@MantleIntern_) October 6, 2025
EXPLORE: Best New Cryptocurrencies to Invest in 2025
Best Crypto To Buy As Bitcoin Eyes $125K Breakout – Is XRP Finally Ready To Achieve $4?
As Bitcoin steadies just below $125K, traders are looking for the best crypto to buy before the next market leg higher. XRP remains a key focus: it only needs a 12% rise to break its previous ATH near $3.84. However, some holders express frustration that XRP hasn’t yet joined the rally, even as Bitcoin and BNB hit new peaks.
Still, chart patterns suggest XRP could be entering a Phase 4 breakout zone, potentially targeting $4–$6 if momentum continues. With ETFs driving institutional demand and altcoins starting to rotate upward, leading assets like Bitcoin, BNB, and XRP may define the next phase of this bull cycle.
Why is Crypto Up Today? SPX, FARTCOIN, and AIC Blast High
Why is crypto up today? Crypto is green to start the week as Bitcoin’s fresh all-time high and a softer dollar lift risk appetite, while SPX, FARTCOIN, and AIC headline Sunday’s biggest movers ahead of FOMC.
The crypto market gained ground over the past 24 hours, led by meme and AI-linked tokens after Bitcoin set a new record above $125,000 on Sunday.
As total crypto capitalization edged higher, SPX6900 (SPX), FARTCOIN, and AI Companions (AIC) stood out among the top performers. Their gains tracked renewed inflows into US spot Bitcoin ETFs and a weaker dollar that lifted risk sentiment.
I just got off the phone with a well respected source.
The $BTC bull run is just getting started.
$165K by year end is base case. pic.twitter.com/xZRXVkmfNx
— Gladiator (@Gladiator21M) October 5, 2025
Hong Kong SFC Chief Julia Leung Secures New 3-Year Term as City Expands Crypto Regulation
Bloomberg reports that Julia Leung, CEO of Hong Kong’s Securities and Futures Commission (SFC), is poised to receive a new three-year term as head of the regulator. Since taking the helm in 2023, Leung has overseen a surge in IPO activity, tightened regulatory oversight, and pushed expanded frameworks for crypto assets.
Her continued leadership signals Hong Kong’s ambition to reinforce its role as a major global trading hub while advancing digital asset regulation.
The post [LIVE] Crypto News Today, October 6 – Bitcoin USD Price $124K, Is XRP Finally Ready To Hit $4? BNB Sets New ATH: Best Crypto To Buy? appeared first on 99Bitcoins.
