Bitcoin Holds $78K Post-Fed Hike as Altcoins Rally, SEC Opens Door to Tokenized Stocks

SPEAKER_1 (0:00)

Welcome to Stock Market Today, your market briefing with actionable insights on stocks, bonds, crypto, and the events moving markets. Let's get into it. Crypto markets are rallying hard as post-fed rate hike nerves fade. Bitcoin trades at $77,975, up over 2%, holding near pre-fed levels. The DeFi Select Index surged over 8%, with Uniswap up 13% daily, and 25% over 24 hours. Layer 2 tokens are screaming higher. Starknet up 18%, Arbitrum 17%.

98 of CoinDesk's 100-track constituents advanced. The SEC just opened the door to tokenized US stock trading. They issued a five-year innovation exemption, allowing qualifying venues to trade real tokenized stocks on public blockchains using automated market makers without traditional exchange registration. This applies only to genuine tokenized securities preserving voting rights and dividends. Companies get 30-day veto rights before their shares are tokenized. Securitized shares jumped 14%.

Bullish up at 10%.

Corporate Bitcoin buying has stalled. Treasuries purchased just 5,900 Bitcoin over the past three months, worth about $451 million at current prices. That's down sharply from 89,000 coins bought in July 2025 The entire group sits underwater with an average cost basis around $80,500.

US. Treasury sanctioned Iran's BitBank exchange for processing Bitcoin payments tied to the Hormuz Strait Passage Fee Scheme. BitBank allegedly moved hundreds of millions to Iran's Revolutionary Guard. Separately, reports surfaced that ECB President Lagarde personally intervened to block Binance's Greek MiCA license. Ethereum's Glamsterdam upgrade cleared critical testing and deploys to Sepolia Testnet October 6th. The upgrade enables parallel transaction processing, potentially tripling capacity. Zcash targets November 5th for its NU7 upgrade, cutting block times from 75 seconds to 25 seconds. That wraps your Market Intel. Trade smart out there. For deeper insights and real time analysis, visit capitalcopilot.io.