• Ethereum Classic suffers second 51% attack in a week
• Goldman Sachs is considering its own crypto
Bitcoin's market dominance decreased to 60.9%. The capitalization of all digital assets in circulation increased to almost 358 billion, while an average daily trading volume is registered at $90 billion. Source: CoinmarketcapBitcoin price this week reached key resistance at $12,000, level not seen since the August 2019. However, buyers did not manage to break above the aforementioned level and price pulled back to the support at $11,000. On Wednesday the bulls renewed their attack and now the price is again approaching this key resistance level.
However, high market sentiment raises some concerns. Last week The Fear & Greed index has stayed in the “Extreme Greed” area and even touched 80, while during this week returned to “Greed” area. Historically this has been an indication of a market top getting close. However, last time when index was above 80 (June 2019) the bitcoin price rose almost 50% within 10 days before topping out.
Fear and Greed index reached highest level since summer 2019. Source: Arcane Research.
BITCOIN price is approaching key resistance level at $12,000. Break above could pave a way to a bigger upward movement toward next resistance at $13,000. Many analysts believe that this latest breakout could be the start of a new uptrend forming, but the current economic uncertainty has resulted in a hesitance from investors. However, should market sentiment change, local support is located at $ 11,000. Source: xStation5For the second time this week, Ethereum Classic has experienced the so-called "attack 51%". Bitquery analysts believe, the hackers took 807 260 ETC (about $5.6 million). Attackers spent 17.5 BTC ($192 000) to get enough hash power for the attack. The second hack was registered by the operator of mining pool Ethermine Bitfly and Binance. The reorg attack affected 4000 blocks.
Ethereum Classic managed to found some support at the 200 MA (redline). As long as the price sits above it, the upward move looks to be more probable. Local resistance is located at $8.14. However, should sellers regain control, support at $6.32 could be at risk Source: xStation5
Bitcoin loses momentum falling to $111k 📉Ethereum loses 3%
Crypto news: Bitcoin rebounds after the sell-off 📈Ethereum above $4000
Daily Summary: Gold and Indices lower, Dollar bounces back💲
Chart of the day - ETHEREUM (09.10.2025)
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