Pullback Power: Bitcoin’s Climb Ahead!

20% pullbacks will likely continue to shape Bitcoin’s long-term trajectory.

Author

Danielle du Toit
September 29, 2025

Here's what we've got for you today:

  • Bitcoin Faces Path of Corrections on Road to Record Highs

  • October is ‘ETF Month’ as 16 Crypto Funds Await Final Decision

  • NYDIG Calls for Bitcoin Treasury Companies to Drop 'Misleading' mNAV Metric

  • Hyperliquid Unveils 4,600 Hypurr NFTs, Floor Price Surges Past $60,000

Analyst Jordi Visser warned that 20% pullbacks will likely continue to shape Bitcoin’s long-term trajectory.

  • Market analyst Jordi Visser warned Bitcoin’s path to new all-time highs will include sharp 20% corrections, despite historically strong Q4 performances.

  • He compared Bitcoin’s potential growth pattern to Nvidia’s 1,000% rally, which included multiple major pullbacks before reaching record highs.

  • Visser argues AI will disrupt traditional industries, making Bitcoin the standout digital store of value in a changing global economy.

The SEC is set to rule on 16 crypto ETFs in October, including products tied to Solana, XRP, Litecoin, and Dogecoin.

  • The SEC faces final deadlines on 16 crypto ETF applications in October.

  • Canary’s Litecoin ETF is up first on Oct. 2, followed by Grayscale’s Solana and Litecoin trust conversion on Oct. 10, and WisdomTree’s XRP ETF on Oct. 24.

  • Analysts suggest approvals could ignite a new altcoin rally, as they offer investors safer exposure to major tokens.

NYDIG calls the mNAV valuation metric misleading for Bitcoin treasury firms.

  • Strive Asset Management acquired Semler Scientific in the first-ever merger of two Bitcoin treasury firms.

  • The deal boosts net asset value per share, but also renewed scrutiny over the widely used “mNAV” metric for valuing Digital Asset Treasuries.

  • NYDIG’s Greg Cipolaro criticized mNAV as misleading, and argued that it ignores operating businesses and misrepresents share structures through assumed conversions.

📈 Hyperliquid Unveils 4,600 Hypurr NFTs, Floor Price Surges Past $60,000

Hyperliquid’s Hypurr NFT collection debuted on HyperEVM with a $68,900 floor price and $45M in early volume.

  • Hyperliquid launched its Hypurr NFT collection on the HyperEVM mainnet, with 4,600 NFTs commemorating early supporters of the platform.

  • The collection already generated millions in volume, with a floor price of $68,900.

  • Most of the NFTs were distributed to genesis event participants, while a smaller share went to the Hyper Foundation and the project’s developers and artists.

👀 QUICK NEWS

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