Stay updated with live crypto market news! Bitcoin price climbed close to $120K. BNB hit a new all-time high. What else is happening on Oct. 3?
As of Oct. 3, Strategy’s Bitcoin reserves stand at 640,031 BTC, valued at approximately $77.4 billion. Michael Saylor revealed this in an X post and mentioned that the firm’s initial investment was $250 million, while an immediate unrealized loss was $40 million.
Over the past seven weeks alone, the company has acquired 11,085 BTC, including its latest purchase of 196 BTC on Sept. 29.
XRP is trading at $3.05 at the current moment, up 2% in the past 24 hours and more than 10% over the past week. The move above $3 marks a notable recovery for the Ripple-related token after weeks of underperformance.
The rebound comes as part of a broader crypto market uptrend, fueled by optimism that Uptober could spark historic rallies.
Meanwhile, institutional interest in XRP is growing. On Oct. 1, Nasdaq-listed VivoPower International PLC announced plans to raise up to $19 million. Some of these funds will be allocated for XRP purchases as part of its corporate treasury strategy.
Bitcoin (BTC) jumped to $120,000 on Oct. 3, briefly touching $121,000. Currently, it is exchanging hands at around $119,350.
The world’s largest cryptocurrency has gained nearly 10% over the past week, driven by robust demand from US spot Bitcoin ETFs.
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On Oct. 3, Binance Coin (BNB) set a new all-time high of $1,110.9, which means that it surpassed its previous peak of $1,076 recorded just two weeks ago.
At the current moment, BNB is trading around $1,086, which reflects a nearly 100% increase over the last 365 days.
Technical indicators highlight the strength of this rally. Since late June, BNB has been on a sustained bullish run, breaking through a key resistance at $797.7, which was its peak level from Dec. 4. The token is now trading above all major moving averages, with the 50-day SMA crossing above the 200-day SMA to form a golden cross. Historically, this pattern has often signaled extended bullish momentum lasting weeks or even months.