{"id":82920,"date":"2025-11-04T05:35:06","date_gmt":"2025-11-04T05:35:06","guid":{"rendered":"https:\/\/mudrex.com\/learn\/?p=82920"},"modified":"2025-11-04T05:35:09","modified_gmt":"2025-11-04T05:35:09","slug":"mudrex-weekly-market-update-28-oct-3-nov-2025","status":"publish","type":"post","link":"https:\/\/mudrex.com\/learn\/mudrex-weekly-market-update-28-oct-3-nov-2025\/","title":{"rendered":"Govt. shutdown won\u2019t stop Altcoin ETFs | Mudrex Weekly Digest \ud83d\udfe3"},"content":{"rendered":"\n

Your weekly crypto digest is here: market shifts explained, top news unpacked, and one coin spotlighted for your radar.<\/p>

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<\/span>\ud83d\udcca Market Summary<\/strong><\/span><\/h2>\n\n\n\n

Bitcoin dropped below $108,000 early Monday in Asian trading, ending the \u201cUptober\u201d optimism and continuing last week\u2019s market pullback. Sentiment stayed cautious after Fed officials signaled rate cuts may take longer than hoped.<\/p>\n\n\n\n

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Astar has been experiencing significant volatility after surging nearly 20% earlier this week. The move followed reports that Binance founder Changpeng Zhao purchased 2 million ASTR tokens, which fueled a spike in speculative demand.<\/p>\n\n\n\n

DeFiLlama data indicates that within just 24 hours, trading volume jumped almost tenfold \u2014 from roughly $224 million to more than $2 billion \u2014 while the project\u2019s market cap grew from about $1.8 billion to nearly $2.5 billion.<\/p>\n\n\n\n

This dramatic rise in activity has placed Astar firmly in focus as traders look to see whether the momentum sustains or cools off in the short term.<\/p>\n\n\n\n

<\/span>\ud83d\udcf0 Top News of the Week<\/strong><\/span><\/h2>\n\n\n\n

Four crypto ETFs made it to market this week through a regulatory workaround.<\/p>\n\n\n\n

The issuers relied on a procedural rule that causes filings to become effective automatically after a set waiting period unless the SEC intervenes. This enabled the launches even during the ongoing approval slowdown.<\/p>\n\n\n\n

Since the SEC didn\u2019t intervene, four crypto ETFs were able to launch this week by default.<\/p>\n\n\n\n

That success has encouraged others to file. Fidelity updated its Solana ETF filing, and Canary Capital did the same for its XRP ETF.<\/p>\n\n\n\n

If the SEC doesn\u2019t block the process, the first XRP ETF could launch as early as November 13. <\/p>\n\n\n\n

However, this shortcut might not work for every crypto ETF. <\/p>\n\n\n\n

The SEC has already looked at filings for Solana, HBAR, and Litecoin ETFs, but it hasn\u2019t reviewed the XRP one closely yet. That could give the SEC a reason to step in and pause its automatic approval.<\/p>\n\n\n\n

<\/span>\ud83d\udcc8 Mudrex Trading Signals<\/strong><\/span><\/h2>\n\n\n\n
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Our experts offer trade recommendations with clear entry points, take-profit targets, and stop-loss levels to help you make informed decisions in a fast-moving market.<\/p>\n\n\n\n

From 24th to 31st October, we posted 19 trading signals, with 9 trades reaching their profit targets, achieving a 52.9% win rate for the week! The weekly and average ROI also stood strong at +109% and +6.4%, respectively!<\/p>\n\n\n\n

Don\u2019t miss out! Open the Mudrex app for real-time signals, expert insights, and a smarter way to trade crypto.<\/p>\n<\/div><\/div>\n\n\n\n

<\/span>\ud83c\udfca Dive deeper<\/strong><\/span><\/h2>\n\n\n\n