Daily Market Wrap | Oct. 13

Hot Topics

• Bitcoin and Ethereum rose to $114,738 and $4,132 after a $19.1B liquidation crash from U.S.-China tariff fears, with "Uptober" trend still intact.
• Crypto markets rose Sunday, with Bitcoin up 3% to $114K and altcoins gaining 6-8%, as U.S. and China eased trade war fears after Friday’s crash.
• Indian tax authorities are probing over 400 high-net-worth Binance traders for evading crypto taxes up to 42% on 2022-2025 trades, following the exchange's FIU registration and data sharing.

Market Updates

• Hyperliquid’s HIP-3 upgrade, activated October 13, enables permissionless perpetual futures market creation on HyperCore by staking 500,000 HYPE, boosting HYPE 13.4% to $42.