Bitcoin's 'Macro Whiplash' and Shuffle Faces Data Breach: Hodler's Digest for October 5-11

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

BTC-0.049%

Source: Coinmarketcap

Updated: Oct 11 2025

Bitcoin Price Drop: Bitcoin's price fell to $102K following President Trump's announcement of a 100% tariff on China, which he justified as a response to China's aggressive trade stance regarding rare earth minerals.
Institutional Interest in Debasement Trade: Financial institutions are increasingly recognizing the concept of the debasement trade, which could benefit assets like gold and Bitcoin, as they acknowledge ongoing money printing and the challenges facing the dollar and bonds.
Polymarket Founder Joins Billionaire Ranks: Shayne Coplan, founder of Polymarket, has been recognized as a billionaire after a significant investment from the NYSE parent company, highlighting the shift of prediction markets towards legitimate financial status.
US Bitcoin Reserve Funding Update: Senator Cynthia Lummis confirmed that funding for the US Strategic Bitcoin Reserve can begin soon, despite legislative delays, indicating potential government interest in Bitcoin investments.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Bitcoin's 'Macro Whiplash' and Shuffle Faces Data Breach: Hodler's Digest for October 5-11

About the author

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