Gen Z’s Growing Attraction to Bitcoin: A Simple Shift in How Young People Build Wealth
As traditional paths to financial security become more uncertain, more members of Gen Z are looking to Bitcoin as a fresh alternative. The reasons are personal, practical, and deeply tied to the changing world they see around them.
Why Gen Z Feels Stuck
For many in Gen Z—those born from the late 1990s to the early 2010s—the idea of job security and homeownership feels out of reach. AI is reshaping the job market, and the cost of college, rent, and starter homes keeps rising. According to Jordy Visser, a Wall Street veteran, the ongoing boom in tech and finance is helping some, but it’s leaving a lot of young people behind. “They’re just saying we’re not going to hire as much, which means going forward, the people that are going to be hired are going to be digital employees,” Visser said in a recent interview.
This change is more than economic. It’s personal. Many young adults watch their parents retire comfortably and wonder if they will ever have the same chance. Hopes of climbing a “career ladder” or buying a first home feel distant. What stands in their way? The answer is complicated but includes rising living costs, heavy student debt, and growing distrust in traditional money systems like the US dollar.
AI and the Economy: More Questions Than Answers
Artificial intelligence isn’t just a buzzword—it’s making a real difference in how companies hire and what work looks like. As more tasks become automated, fewer traditional jobs are available. While technology promises new opportunities, it’s also a source of anxiety because it’s not clear what kinds of jobs will be left.
As AI pushes companies to hire “digital employees” (robots or software doing jobs people used to do), many young adults see their future as uncertain. No wonder some are searching for other ways to secure their financial future.
“The younger people don’t have a belief that the system will come back. They believe the system has been worsening every single year… That entire path is gone [get a job, move up, buy a house]. And that’s why the students are so angry and why socialism is happening. So, I think where Bitcoin fits into it,” Visser explained.
Political Uncertainty and Distrust in Banks
Another concern for Gen Z: Political decisions and pressure on the Federal Reserve make America’s money system feel shaky. When politicians push the Fed to cut interest rates, it creates fears about inflation and the dollar’s long-term value. Many young adults have lost faith that the “old ways” of saving and investing (like putting money in a savings account or the stock market) will keep up with inflation or survive another big financial crisis.
Bitcoin: A Different Kind of Asset
Against this background, Bitcoin starts to look more appealing. It isn’t tied to any government or traditional bank. It can’t easily be inflated or controlled by a central authority. And, maybe most importantly, it feels “owned” by the person holding it—no bank account or approval needed to get started.
Low entry requirements: Anyone can buy a piece of Bitcoin, even with small amounts of money.
Portability: Bitcoin can be sent quickly to anyone in the world, as long as they have internet access.
Personal control: Holders manage their own Bitcoin directly, rather than trusting a bank.
Decentralized: Bitcoin works through a global network, so it doesn’t rely on any single institution.
Young people are aware of risk—but they see risk in traditional assets too. With stocks and real estate feeling tied to an old, changing system, a digital “hard asset” like Bitcoin looks like a way to try something new.
Bitcoin and the “New American Dream”
For older generations, the American Dream often meant buying a house and having a steady job. For many Millennials and Gen Z, that’s changing. Some of their heroes in the crypto world—like Binance’s former CEO “CZ” and Michael Saylor, a well-known Bitcoin advocate—have even suggested that owning just a small portion of a Bitcoin may someday be as meaningful as owning a home.
Jeff Park, portfolio manager at Bitwise, suggests this is more than just a trend: “Owning a full Bitcoin is starting to replace homeownership as a symbol of financial freedom for Millennials and Gen Z.”
Regulators are starting to catch on, too. The Federal Housing Finance Agency (FHFA) recently announced that crypto assets like Bitcoin could soon be used to assess home loan applications. This means Bitcoin is becoming even more recognized as a “real” part of a young adult’s wealth.
What Makes Bitcoin Attractive to Gen Z?
Speed and Access: Anyone with a smartphone can participate. No paperwork, no bank visits, no waiting for business hours.
Transparency: Everyone can see the transactions—no hidden rules and no middleman taking a cut.
Independence: Bitcoin gives young people a way to “opt out” of banks or traditional money systems they don’t believe in.
This doesn’t mean every young adult is turning to Bitcoin, but for those who feel locked out of old pathways to wealth, it represents a real option. It fits with their digital-first lives, desire for control, and need for new ways to grow their money.
The Future: More Than Hype?
For Gen Z, Bitcoin is not just an investment, but a bet on a different future. They aren’t rejecting the “old system” just for fun—they’re responding to a world where long-standing promises feel broken. Whether or not Bitcoin is the best answer, the fact that so many young people are choosing it says a lot about what they want: fairness, transparency, and a real shot at building something of their own.
The story of Gen Z and Bitcoin is not just about money. It’s about hope, frustration, and the search for a sense of ownership in a world that’s changing faster than ever.
HYPE just did something many altcoins couldn’t this week: it held the line. After a choppy stretch across crypto, Hyperliquid’s token rebounded off the $44 area and is trying to build a base. Traders are asking the obvious question: if buyers keep defending this floor, can HYPE make a run back toward $60?
Here’s the setup, why $44–$42 matters, and what would need to click for a breakout toward the high $50s.
Context: Strength in a shaky tape
Crypto majors eased into the weekend after posting fresh highs earlier in the week, with Bitcoin and Ethereum both softer on Saturday, October 11. HYPE, by contrast, is holding in the mid‑$40s and showing steadier price action than many peers, which helps explain the buzz on trader feeds today. ([barrons.com](https://www.barrons.com/articles/bitcoin-price-ethereum-xrp-crypto-today-37e70acb?utm_source=openai))
At the time of writing on October 11, HYPE is trading around the mid‑$45 zone — still below last month’s peak, but above a cluster of bids that has been soaking up sell pressure around $44. HYPE printed its all‑time high near $59.30 on September 18, 2025, so the $60 headline target isn’t just a round number; it’s roughly a retest of that prior peak. ([coingecko.com](https://www.coingecko.com/en/coins/hyperliquid))
The event: A firm rebound off $44 support
Price action this week has revolved around an expanding wedge that’s been guiding swings since late Q3. The lower boundary sits in the $42–$44 pocket. Each dip into that zone has attracted buyers, and the latest tag sparked another bounce. Bulls want to see that area continue to act as a springboard on 4‑hour closes; bears want a decisive break and a daily close under $42 to put $39–$35 back on the table.
Short term, the playbook is simple: reclaim and hold above $45–$46, then press into the first resistance shelf near $48–$50. Acceptance above $50 flips momentum back to the upside and opens a path toward $53.5–$56. From there, it’s a fight for the prior high at $59.3, with $60–$62 as the extension if momentum and liquidity line up.
Why the bid keeps showing up: real activity on the venue
One reason dip buyers keep leaning in: the exchange behind HYPE continues to post heavyweight derivatives activity. On-chain trackers show Hyperliquid’s perpetuals venue handling multi‑billion dollar daily volume with open interest in the low‑teens billions — big numbers for a decentralized order‑book platform. That level of usage tends to keep the token in every trader’s dashboard and helps explain why pullbacks find demand. ([defillama.com](https://defillama.com/protocol/hyperliquid/perps?utm_source=openai))
Chart view: levels that matter this week
Support to defend
$44.2: intraday pivot that has acted like a tripwire for momentum. Reclaims above this level often invite quick scalps higher.
$42.0–$42.5: the wedge base. Lose it on a daily close and the market likely hunts liquidity in the high‑$30s, with $35 as the bigger magnet.
Levels to flip and attack
$48.0–$50.0: first resistance stack. A 4H close above $50 usually forces shorts to cover and draws in trend followers.
$53.6–$56.0: supply zone from late September. Clearing this band says the uptrend is back in charge.
$59.3–$60.0: prior ATH and a psychological milestone. Acceptance above $60 turns the discussion to price discovery and measured moves into the low $60s.
Momentum check: what would confirm the turn
On lower time frames, bulls want to see HYPE stay above its short‑term moving averages after reclaiming them — especially the popular 20‑EMA on the 4‑hour chart — and push with rising spot + perp volume. A clean push through $50 with expanding volume often precedes a run into $53–$56. Failure to hold above $45 after reclaiming it would hand control back to range traders and keep price ping‑ponging between $43.5 and $48.
Background that still matters to price
HYPE is more than a ticker; it’s the native token for Hyperliquid’s L1 and on‑chain order‑book DEX. The project launched HYPE through a large community airdrop on November 29, 2024, with a fixed max supply of 1 billion tokens. No allocation went to private investors, and the token also serves as gas on HyperEVM. That origin story and utility continue to shape how traders value the asset, especially when the exchange posts strong volumes. ([theblock.co](https://www.theblock.co/post/328631/hyperliquid-plans-to-launch-hype-token-in-nov-29-genesis-event?utm_source=openai))
For context, the token set its current ATH on September 18, 2025. That date matters because markets often revisit prior peaks after consolidations, and the $59–$60 area is exactly where many breakout traders will look to de‑risk or trail stops. ([coingecko.com](https://www.coingecko.com/en/coins/hyperliquid))
Scenarios: what a path back to $60 could look like
Base‑and‑break: Price continues to respect $44–$45, grinds higher, and then tags $48–$50. A 4H or daily close above $50 with rising volume invites a push into $53.5–$56. Clearing that band sets up a retest of $59–$60. Timeframe: days to a couple of weeks if the broader market stays constructive.
Shakeout first: One more fake break under $44 into $42–$43, liquidity gets swept, then a sharp reversal sends price through $48–$50. This pattern has been common in 2025 across high‑beta tokens.
Bull thesis invalidation: A daily close under $42 turns the wedge into a failed support, putting $39–$35 in view. In that case, look for basing again before talking about $50s.
Cross‑winds to watch
Broader tape: If BTC/ETH resume trending, high‑beta names usually lead bounces. If majors stall, breakout attempts often fade. ([barrons.com](https://www.barrons.com/articles/bitcoin-price-ethereum-xrp-crypto-today-37e70acb?utm_source=openai))
Venue flow: Perp open interest and 24h volume on Hyperliquid. Rising OI with flat price can flag a squeeze setup; falling OI into resistance can blunt breakouts. ([defillama.com](https://defillama.com/protocol/hyperliquid/perps?utm_source=openai))
Supply dynamics: The circulating supply path for HYPE looks cleaner than many exchange tokens thanks to the community‑heavy genesis and a defined allocation map. Upcoming unlocks are relatively small through late November, according to third‑party research summaries, which reduces near‑term overhang risk. ([sistine.ai](https://sistine.ai/hyperliquid-hype-research-report/?utm_source=openai))
How traders are positioning it
Short‑term traders often frame HYPE here with a simple “line in the sand.” Above $44–$45, play the range toward $48–$50; above $50, look for continuation into $53–$56. Many will scale out before the round‑number test at $60 and only add back if price accepts above the old high. Swing participants tend to give the idea more room but still place invalidation on a daily close below $42 to avoid getting trapped in a larger mean‑reversion move.
Actionable checklist
Price: Watch for a 4H close above $50. If it comes with rising volume, that often precedes trend extension.
Volume and OI: Look for expanding spot volume on green candles and rising perp OI that doesn’t skew funding too positive.
Structure: Hold above $44 on dips; defend $42 on daily time frame to keep the wedge intact.
Market tone: A steady or rising BTC usually helps these breakouts stick; a slide in majors often turns them into wicks. ([barrons.com](https://www.barrons.com/articles/bitcoin-price-ethereum-xrp-crypto-today-37e70acb?utm_source=openai))
Bottom line
HYPE has earned the benefit of the doubt at $44. The market keeps meeting sellers there, and the venue behind the token continues to print meaningful derivatives activity. The roadmap back to $60 is clear enough: reclaim $50, chew through $53–$56, then retest the prior high. If bulls fumble $42 on a daily close, the idea is wrong for now and $35 becomes a live risk. For most readers, this is a textbook “levels and patience” trade — let price confirm with a break and hold above $50, or keep powder dry for another clean tag of support. ([defillama.com](https://defillama.com/protocol/hyperliquid/perps?utm_source=openai))
Binance Coin is back in the spotlight. After a fast climb, BNB is catching its breath around the mid‑$1,200s, with bulls eyeing the $1,400–$1,500 area and skeptics calling for a cool‑off. The next few sessions could set the tone for the rest of October.
Why BNB matters right now
BNB sits at the center of the Binance ecosystem and powers transactions on BNB Smart Chain. It also benefits from an ongoing token burn program that gradually trims supply, a theme many long‑term holders track closely. That mix of exchange utility, on‑chain usage, and a supply sink often makes BNB one of the higher‑beta names when liquidity returns to crypto. With price hovering near $1,250–$1,270 on October 11, 2025, traders are weighing two paths: a clean push to fresh highs or a shakeout that resets overheated indicators.
What just happened: momentum meets resistance
BNB rallied hard into early October, then paused below a band of resistance stretching from roughly $1,280 to $1,350. Buying interest has been obvious on intraday dips, especially around $1,230–$1,250, where bids keep stepping in. According to a widely followed trader known as Crypto King on X, the pullback from a recent spike near $1,350 toward the low‑$1,200s looks like standard digestion after a strong leg higher. Rising participation and a pattern of higher highs support that view.
Others see a different story. Analyst Gordon flagged the steep, near‑vertical candles on BNB’s daily chart and warned that the move looks stretched. He even floated the idea of high‑leverage shorts, reflecting a belief that volatility could swing the other way before the next advance. Whether one agrees with his strategy or not, the message is clear: conditions are fast, and risk can escalate quickly when price is this extended.
The chart: levels that matter into mid‑October
Nearest support
$1,250–$1,270: Where buyers have been most active. Holding above this area keeps the near‑term uptrend intact and limits the risk of forced selling.
$1,220: A break here invites a sharper flush as late longs get squeezed. If momentum fades, this is the first level to watch for reaction.
$1,080–$960: Deeper support if the market enters a broader reset. This zone lines up with prior basing and could attract spot buyers if reached.
Overhead resistance
$1,280: First gate. Reclaiming and holding above it would tell us dip buyers remain in control.
$1,350: Breakout trigger. Acceptance above this shelf often brings momentum traders back into the fray.
$1,400–$1,500: The big magnet. Many participants have this zone marked for partial profit‑taking and potential whipsaws. Brave New Coin has highlighted this area as a major test for the current cycle’s advance. Read their context here.
How we got here: structure and sentiment
From a technician’s lens, BNB spent weeks building a base earlier this year around the high‑$600s, then broke out with expanding volume. Since then, pullbacks have been shallow and short, with limited downside wicks and buyers reasserting control on every dip. That behavior often signals accumulation and leaves sellers on the back foot. The current consolidation near $1,250 looks like an attempt to reset intraday momentum without losing trend structure.
At the same time, sentiment has swung optimistic. Social feeds are filled with calls for a run to $1,500 and beyond. That kind of excitement can add fuel to the upside, but it can also set up shakeouts as leveraged longs crowd into the same trade. Funding, open interest, and liquidation heatmaps (on exchanges that publish them) will be useful tells over the next few days.
Bull case vs. bear case
If bulls are right
Hold above $1,250: Keeps buyers in control and sets up a retest of $1,280 and $1,350.
Break and base over $1,350: Trend followers likely add exposure, pulling price into the $1,400–$1,500 pocket where old offers and take‑profit orders may sit.
All‑time‑high watch: A decisive move through $1,500 could print new highs before a larger consolidation phase. Momentum traders love clean discoveries; volatility usually spikes there.
If bears are right
Slip below $1,220: Triggers a fast sweep toward $1,200 and potentially $1,080 as late longs unwind. That’s where cascading liquidations become a risk.
Failure at $1,280/$1,350: Multiple rejections cause frustration, sap momentum, and increase the odds of a larger range forming under $1,350 for several sessions.
Leverage risk: Talk of 50x–100x positioning around $1,300 is a reminder that swings can be violent both ways.
On‑chain and fundamentals: what can help or hurt
Beyond the chart, two longer‑running threads matter for BNB holders:
Supply: Binance’s quarterly auto‑burn continues to reduce BNB’s circulating supply over time. That creates a structural tailwind when demand is healthy. You can find the program’s mechanics on Binance’s official resources if you want to dig into the math.
Utility and headlines: BNB remains the gas token for BNB Smart Chain, which supports a wide range of apps, tokens, and NFTs. Upticks in active addresses, transactions, and developer releases often map to stronger spot demand over multi‑week windows. On the flip side, exchange‑related headlines have historically moved BNB, so traders keep one eye on news flow.
For live market stats, many investors track a blend of spot volume, futures funding, and order book depth across large venues and data sites like CoinMarketCap. BNB overview on CoinMarketCap.
Trading playbook: practical ways to think about it
Short‑term traders
Use levels, not feelings: $1,250–$1,270 as line in the sand for momentum longs; $1,280 and $1,350 as add/flip levels; $1,220 as a stop for many intraday plans.
Watch the first break after compression: If BNB coils between $1,240–$1,280 and then breaks, follow‑through during the first hour often sets the day’s tone.
Respect leverage: Great when it works, unforgiving when it snaps. Size positions so a routine 3% wick doesn’t force an exit at the worst moment.
Swing traders
Acceptance over $1,350: Look for strong closes above that level on the 4‑hour/daily timeframes and rising spot volume to confirm.
Fade euphoria near $1,500: If price reaches the target zone quickly with funding spiking, scale out or tighten risk. Sharp pullbacks from round numbers are common.
Patience at support: If the market tests $1,080–$960, watch for multi‑day basing rather than trying to nail a falling knife.
Long‑term holders
Dollar‑cost discipline: If you invest over months, pre‑set buys and avoids chasing breakouts you don’t plan to sell quickly.
Track the burn and chain usage: Shrinking supply helps only if on‑chain demand is resilient. Monitor developer updates and activity on BNB Chain.
Diversification: No single token should dominate a portfolio. Spreading exposure reduces the chance that one headline derails your plan.
Volatility checklist for the week ahead
Spot vs. perp flow: A rally led by spot buyers tends to be sturdier than one powered only by futures.
Funding and OI: If funding flips extreme and open interest balloons into resistance, the squeeze risk rises.
Liquidity pockets: Be aware of stop clusters above $1,350 and below $1,220; these areas often trigger quick spikes or flushes.
Macro and BTC: BNB rarely trades in a vacuum. If Bitcoin breaks out or rolls over, correlations can amplify moves in majors like BNB.
Bottom line
BNB’s trend is still up, and buyers have defended the $1,250 area on every test. A clean reclaim of $1,280 and a daily close above $1,350 would set the stage for a run at $1,400–$1,500, where profit‑taking and headline‑driven swings often show up. Lose $1,220 with momentum, and the market could slide toward $1,200, then $1,080, before bargain hunters try again.
Set alerts, pick your levels, and let the chart come to you. In fast markets, patience and position sizing matter more than predictions.
$75 Billion in Crypto Crime Spurs Global Law Enforcement Collaboration
The digital currency landscape has witnessed a surge in illicit activities, with approximately $75 billion linked to crypto-related crimes. This staggering figure comprises $15 billion held in illicit entity balances and an additional $60 billion in downstream wallets. Such vast sums have prompted a concerted global effort to trace, freeze, and recover these assets, leading to unprecedented collaboration between blockchain investigators and law enforcement agencies worldwide.
Unprecedented Global Crackdowns
Europol’s Project A.S.S.E.T.
In March 2025, Europol spearheaded Project A.S.S.E.T., assembling over 80 financial experts from 28 countries to target criminal assets. This operation led to the identification of 53 properties, over 220 bank accounts, 15 shell companies, and more than 80 cryptocurrency wallets linked to organized crime. Notably, €200,000 in crypto assets were frozen during this initiative. (hstoday.us)
Interpol’s ‘Operation HAECHI VI’
Similarly, Interpol’s ‘Operation HAECHI VI’ in September 2025 showcased the power of international cooperation. Law enforcement agencies from over 40 countries collaborated to block more than 68,000 bank accounts and freeze nearly 400 cryptocurrency wallets implicated in illicit activities. The operation successfully recovered $97 million in crypto assets, underscoring the effectiveness of coordinated global efforts. (markets.chroniclejournal.com)
Specialized Training and Capacity Building
Recognizing the complexities of crypto-related crimes, various jurisdictions have prioritized specialized training for their law enforcement personnel. In May 2025, Gibraltar’s Ministry of Justice organized a session titled “Crypto Asset Disputes – Recoveries and Legal Principles”. This training equipped officers with insights into the evolving legal frameworks and recovery strategies pertinent to digital assets. (gibraltar.gov.gi)
Furthermore, in October 2025, the 9th Global Conference on Criminal Finances and Cryptoassets convened in Vienna, Austria. Jointly organized by Europol, UNODC, and the Basel Institute on Governance, the conference aimed to advance global efforts in countering the criminal use of cryptocurrencies. The agenda included discussions on emerging criminal typologies and the latest trends in crypto-related crimes. (baselgovernance.org)
Public-Private Partnerships: A Unified Front
The fight against crypto crime has also seen the emergence of robust public-private partnerships. In February 2025, Binance co-hosted the APAC Regional Law Enforcement Day in Bangkok, Thailand. This event brought together law enforcement officials and blockchain experts to share knowledge and enhance skills necessary to combat illicit activities in the crypto space. (prnewswire.com)
Binance’s commitment to security is further exemplified by its collaboration with global law enforcement agencies. In 2023, the company’s specialized teams processed over 58,000 law enforcement requests, boasting an average response time of three days—outpacing many traditional financial institutions. Additionally, Binance launched the Global Law Enforcement Training Program to aid in detecting financial and cybercrimes. (axios.com)
Challenges and the Road Ahead
Despite these concerted efforts, challenges persist. The Financial Action Task Force (FATF) highlighted in June 2025 that only 40 out of 138 jurisdictions were “largely compliant” with its crypto standards. The FATF emphasized that regulatory shortcomings in one region could have global repercussions, given the borderless nature of virtual assets. (reuters.com)
Moreover, the disbanding of the U.S. Department of Justice’s National Cryptocurrency Enforcement Team (NCET) in 2023 raised concerns about the continuity of dedicated efforts against crypto crimes. The NCET’s responsibilities were merged into the Computer Crime and Intellectual Property Section (CCIPS), aiming to consolidate expertise in combating cybercrime. (globalgovernmentfintech.com)
Conclusion
The staggering $75 billion linked to crypto crimes has galvanized a global response, fostering unprecedented collaboration between blockchain experts and law enforcement agencies. Through international operations, specialized training, and public-private partnerships, significant strides have been made in tracing and recovering illicit digital assets. However, as the crypto landscape continues to evolve, sustained vigilance, adaptive strategies, and cohesive global cooperation remain imperative to effectively combat the ever-changing tactics of cybercriminals.
Gossips3 days ago
Gossips4 weeks ago
Gossips3 days ago
