**Musk just dropped a crypto bomb** — called fiat "fake" while Bitcoin holds the line at $111K. Says you can print money out of thin air, but energy? That's real. And he's got a point. Meanwhile, the market took a beating. XRP whales dumped **2.23 billion tokens ($6B)** since Friday. Price crashed from $2.98 to $2.38 before bouncing to $2.58. On-chain data shows whale wallets bleeding XRP like crazy. The real culprit? China's new tariffs hit this morning. Total crypto liquidations: **$624.3M in 24 hours**. Over 211K traders got wrecked — longs took $432.9M in losses, shorts $191.3M. Bitcoin's rejection at $117K sent everything tumbling. BTC struggling to hold $111–$112K band. Break below? Next stop $109.5K (and yes, there's a CME gap sitting right there too). Bulls need a daily close above $116K to catch a breather. ETH tanked under $4K with $184.5M in long liquidations already stacked. Watch the week ahead: CPI data incoming + six XRP ETF decisions between Oct 18–24. More volatility incoming.

The crypto world is off to a strong start in 2025! ETF inflows have already broken records—it's only a few months into the year, with $48.67 billion raised, directly surpassing the entire year's $44.2 billion from 2024. There is a heartbreaking detail: BTC has absorbed 30 billion (accounting for 62%), but its dominant position is declining. Ether has quietly gained momentum, absorbing 14.1 billion (accounting for 29%), while in the altcoin category, Solana and XRP are the most favored. Last week, a total of 5.95 billion USD flowed in, with BTC contributing 3.6 billion. What does this indicate? Funds are quietly diversifying, signaling the end of the all-in BTC era. Is Ether making a comeback? Or is the capital preparing for the next wave of rotation? It's worth pondering.