# 25 October Crypto, Finance and Politics - BTC is 88.000$ again, $MON saw 60B$ FDV 

*Of course $MON didn't stay at 60 cents but still caught a bullish sentiment around ecosystem. It gave an entry to non Coinbase participants too... Better to keep an eye on here.*

By [The Crypto Drift](https://paragraph.com/@thecryptodrift) · 2025-11-25

#michaelsaylor, #btc, #etf, #doge, #monad

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*   **Bitcoin saw a sharp rally and climbed above $88,000.** The number of wallets holding over 10,000 BTC has approached 90 — the highest level in the last 5 months. Meanwhile, the Fear & Greed Index is still below the levels seen during the FTX collapse and COVID, fluctuating between 10 and 12.
    
*   **The Monad ecosystem went live on mainnet and launched its long-awaited token.** $MON initially hit a 60B$ FDV and spiked to around $0.60 before experiencing a steep drop, falling below its Coinbase ICO price. It’s now hovering around $0.03, while sentiment in the ecosystem remains bullish.
    
*   **Some digital asset treasury stocks — which can be considered an index for the crypto market — rallied alongside the crypto recovery.** Strategy rose 5%, Sharplink 6%, and Bitmine surged 20%.
    
*   **The Hyperliquid ecosystem is facing FUD due to the unlock and the upcoming Season 3 launch on December 2.** Despite a 20% drop in the $HYPE token, demand came in quickly. Pantera bought $6.9M spot and placed $3.75M in limit orders, new wallets added $3.9M, and the protocol continues its daily $5M buybacks.
    
*   **MSCI’s** potential removal of crypto assets from its index could trigger $2.8–11B in sell pressure. As the market braces for this risk, **Michael Saylor argues that just 1.25% annual BTC growth is enough for long-term sustainability.** A strong reflexivity effect is forming between investor expectations and price action.
    
*   **$ZEC saw a 200% surge in transaction volume, hitting an all-time high.** The Winklevoss brothers' $100M “treasury donation” triggered activity among other BTC OGs as well.
    
*   **Prediction markets remain among the most popular protocols of this period.** Galaxy, Kalshi, and Polymarket are negotiating to become liquidity providers.
    
*   **On November 24, BTC spot ETFs saw $150M in outflows.** Meanwhile, altcoin ecosystem ETFs experienced inflows: ETH $96M, SOL $57M, and XRP $167M.
    
*   **Falcon Finance reached $1.52B in monthly volume, while xStocks hit $788M.** Bitwise’s Dogecoin spot ETF, $BWOW, is coming soon. Market activity and sentiment are starting to brighten up.
    

_However, it’s still wise to stay cautious, as major risks and FUD remain. Thanks for reading. Follow to stay updated for more_

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*Originally published on [The Crypto Drift](https://paragraph.com/@thecryptodrift/25-october-news)*