Announcements Gate Research: BTC Leads Rebound, Surpassing $112,000 | Plasma DeFi TVL Climbs to $5 Billion

Gate Research: BTC Leads Rebound, Surpassing $112,000 | Plasma DeFi TVL Climbs to $5 Billion

2025-09-29 06:31:12 UTC 14118 Read

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* Market Commentary: On September 29, BTC led the rebound, breaking above $112,000 as the market regained upward momentum after a short-term consolidation. ETH rose from $3,978 to $4,146, but the price quickly pulled back after the spike, indicating heavy selling pressure at higher levels.
* Top Movers: KAITO rose 13% in 24 hours, driven mainly by over $170 million committed to projects on its Launchpad. FORM increased 23% in 24 hours, likely fueled by a speculative wave from a short squeeze. COW climbed 14% in 24 hours, with on-chain and trading data showing continuous inflows of new liquidity into the asset.
* Alpha Insights: Plasma DeFi TVL reached $5.5 billion, rising to the sixth position in terms of DeFi deposit value. ApeX announced the launch of its APEX token buyback program, with $12 million in initial funding. Last week, ETH spot ETFs recorded the largest weekly outflows in history.

Discover more details today → <a href="https://www.gate.com/learn/articles/gate-research-btc-leads-rebound-surpassing-112000-plasma-de-fi-tvl-climbs-to-5-billion/12570" target="_blank">Gate Research: BTC Leads Rebound, Surpassing $112,000 | Plasma DeFi TVL Climbs to $5.5 Billion</a>

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Gate Research: BTC Leads Rebound, Surpassing $112,000 | Plasma DeFi TVL Climbs to $5 Billion

Gate Research: BTC Leads Rebound, Surpassing $112,000 | Plasma DeFi TVL Climbs to $5 Billion

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