El pulso del mercado hoy

BTC pulled back after topping $87K this week as focus shifted to a broader crypto rally. Glassnode's cycle signal turned "altcoin-dominant," with 72.5% of tracked assets outperforming BTC over the past week. NEAR, UNI and ZEC rose, while PEPE, WIF and DOGE gained. About $16B in notional BTC quarterly options expires on Deribit on Sep 25, potentially prompting hedge adjustments. Focus is on post-expiry volatility, rotation and whether institutional flows are reshaping BTC's four-year cycle.