Here are the key crypto news highlights from this week: 1. Bitcoin Price Volatility: Bitcoin experienced a drop in trading volume by 16%, with analysts predicting potential fluctuations as high as $72,000 later in October . 2. BlackRock Endorsement: BlackRock officially referred to Bitcoin as a “global monetary alternative,” boosting investor confidence in its long-term prospects . 3. DeFi Growth: Grayscale launched a new Aave investment fund, and the DeFi sector continues to expand with increased institutional interest  . 4. Security Issues: Cryptocurrency hacks continue to be a concern, with $440 million stolen in Q3 2024 alone .
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