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Outpoll Weekly Recap: Crypto (October 27 – November 2, 2025)

DA
David Collins
4 hours ago7 min read2 comments
This week, the crypto market delivered a masterclass in Bitcoin's sheer, unshakeable dominance, leaving the altcoin circus in the dust. While the pretenders flailed, BTC surged past the $80,000 mark, a move that felt less like a rally and more like an inevitable gravitational pull.The trigger? The stark realization that the upcoming US election is a binary choice for the industry: either a regulatory thaw that unlocks trillions in institutional capital or a continued deep freeze. This isn't speculation; it's survival.Prediction markets went haywire, with bets on pro-innovation candidates skyrocketing, signaling that smart money is betting on policy, not just price. Meanwhile, in the land of distractions, the so-called 'DeFi 2.0' narrative tried to gain traction with a few flashy governance token launches, but let's be real—it's mostly recycled ideas with higher APYs and the same underlying risks. The real story was in the options market, where the put-call ratio for Bitcoin plummeted, showing a staggering level of conviction from major players.This is the big leagues now. Forget the noise about some new meme coin or a metaverse land grab; those are sideshows for retail gamblers.The foundational battle for Bitcoin's legitimacy is being fought in the halls of power, and this week proved that when the giants wake up, they don't buy altcoins—they buy the only digital asset that matters. The king isn't just holding its ground; it's consolidating power, and the rest of the crypto world is just living in its shadow.
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