Of Omkar Godbole (all times one unless otherwise stated)
Rebound from Asian session low at $ 111,000 to $ 112,800 and repeated a pattern seen on Tuesday. However, during its 50- and 100-day simple movement average (SMAs), the token remains with liquidity analysis and the amount of retail, signaling a potential for a deeper withdrawal. The Coindesk 20 index fell 0.7% over the last 24 hours and stood at 4,027.
Two notable developments have emerged. Competition between decentralized exchange of ont chain exchanges Hyperliquid and Aster has intensified, with aster surpassed hyperliquid in daily revenue. According to Defillama, Aster generated $ 7.2 million in revenue in the last 24 hours compared to Hyperliquids $ 2.79 million. This divergence is also reflected in their native tokens: AST’s market capital has risen from $ 931 million to $ 3.74 billion in seven days, while Hype’s market capital has dropped from $ 14.88 billion to $ 11.73 billion.
Astra has risen 37% over 24 hours, the best performance among the 100 best tokens after market capital, while hype is ranked among the worst artists. In recent months, Hyperliquid has lost the market share to competitors such as Aster and Lighter, making this an area investor should look closely.
Meanwhile, Cryptorank data shows that Solana’s starting pad activity has dropped sharply, with the total volume that hits a four-month low of $ 117 million. Active wallets have fallen below 100,000, and daily candidates for token project – projects that have successfully completed their original fundraising or token phases and moved on to public trade – has fallen to only 88, indicating reduced user engagement and fewer new launches.
Jeff Dorman, Chief Investment Officer at Arca, challenged the idea of ​​a wide crypto bull market, and emphasized that the 2025 rally is narrow and selective, focused on certain coins supported by exchange-traded funds (ETFS) and Digital Asset Trusts (DATS) such as BTC, ETH and Sun.
In traditional markets, the US dollar rose 0.4%, probably affected by Federal Reserve -President Jerome Powell’s cautious remarks about tight cuts earlier this week. Nasdaq futures showed winnings and offers risk-on signals to the crypto market. Stay aware!
What to look at
- Crypto
- September 24 at. 9: DFINITY, NON-PROFIT BACK Holding its Internet Identity 2.0 AMA and Team Update Event and reveals its self-soveign login solution.
- September 24: Hedera (HBAR) Mainnet Upgrade (Release V0.65).
- Macro
- September 24, 7 p.m. 10: US August New Home Sales Est. 0.65 m.
- Earnings (Estimates based on Factset -Data)
Token -events
- Management votes and calls
- Unlock
- 25. September: To unlock 2.28% of its released supply worth $ 7.98 million.
- Token launches
- 24 September: Griffin AI (Gain) to list on Kucoin and Gate.io
- 24 September: to list on BTSE.
- 24 September: to list on BTSE.
- September 24: Aster (Aster) to list on Kucoin.
Conferences
Token talk and derivatives location
Market movements
- BTC has increased by 0.66% from 1 p.m. 16 A Tuesday to $ 112,769.17 (24 hours: -0.24%)
- ETH has increased 0.14% of $ 4,183.16 (24 hours: -0.39%)
- Coindesk 20 has increased 0.18% at 4,034.77 (24 hours: -0.62%)
- Ether Cesr Composite Staking Rate is down 5 BPS at 2.85%
- BTC financing rate is at 0.0071% (7.7668% annual) on Binance
- DXY has increased by 0.32% at 97.57
- Gold Futures have fallen 0.34% to $ 3,802.60
- Silver Futures have fallen 0.48% of $ 44.40
- Nikkei 225 closed 0.3% at 45,630.31
- Hang bed closed 1.37% at 26,518.65
- FTSE has dropped 0.12% at 9,212.27
- Euro Stoxx 50 is down 0.14% at 5,464.60
- DJIA shut down on Tuesday down 0.19% at 46,292.78
- S&P 500 closed 0.55% at 6,656.92
- Nasdaq Composite closed 0.95% at 22,573.47
- S&P/TSX Composite closed 0.48% at 29,815.63
- S&P 40 Latin America closed 1.17% at 2,957.33
- US 10-year-old Treasury has dropped 1 BPS of 4.108%
- E-MINI S&P 500 FUTURES have increased 0.17% at 6,726.25
- E-MINI NASDAQ-100 futures rose 0.31% at 24,905.00
- E-MINI DOW JONES Industrial Average Index is unchanged at 46,654.00
Bitcoin statistics
- BTC Dominance: 58.47% (-0.04%)
- Ether-Bitcoin ratio: 0.03708 (-0.28%)
- Hashrate (Seven-Day Sliding Average): 1,063 EH/S
- HashPrice (Spot): $ 50.01
- Total fees: 2.79 BTC / $ 314,619
- Cme futures open interest: 142.21K BTC
- BTC Priced in gold: 29.9 oz.
- BTC VS GOLD MARKET CAP: 8.38%
Technical analysis
- XRPS Daily Diagram shows that sellers again could not establish a foothold under $ 2.70 on Tuesday.
- The level has emerged as strong support in the last two months.
- Therefore, a potential break during the same could see more sales of holders and elaborate on sales.
Crypto shares
- COINBASE GLOBAL (COIN): CLOSED ON Tuesday at $ 320.07 (-3.58%), +1.12% to $ 323.64 on the market
- Circle Internet (CRCL): Closed to $ 130.97 (-4.85%), +2.92% to $ 134.80
- Galaxy Digital (GLXY): Closed at $ 33.14 (-1.63%), +1.39% to $ 33.60
- Bullish (BLSH): Closed to $ 69.49 ( +0.58%), +0.73% to $ 70
- Mara Holdings (Mara): Closed to $ 17.71 (-3.49%), +1.3% to $ 17.94
- Riot Platforms (Riot): Closed to $ 17.07 (-2.46%), +2.64% to $ 17.52
- Core Scientific (Corz): Closed to $ 17 (-0.99%), unchanged in the market before market
- CLEANSPARK (CLSK): CLOSED TO $ 13.91 ( +1.24%), +2.01% TO $ 14.19
- COINSHARES VALKYRIE BITCOIN MINERS ETF (WGMI): CLOSED TO $ 42.9 (-2.43%)
- Exodus Movement (Exod): Closed to $ 28.55 (-3.84%), +1.58% to $ 29
Crypto Treasury Companies
- Strategy (Mstr): CLOSED TO $ 327.78 (-2.43%), +1.25% TO $ 331.88
- Semler Scientific (SMLR): Closed to $ 32.66 (+1.87%), unchanged in the market before market
- Sharplink Gaming (SBet): Closed to $ 17.01 (+2.41%), -0.41% to $ 16.94
- Upexi (Upxi): Closed to $ 6.17 (+1.65%), -1.46% to $ 6.08
- Lite strategy (LITS): Closed to $ 2.63 (+1.94%)
Etf is flowing
SPOT BTC ETFS
- Daily Net Streams: -$ 103.8 million
- Cumulative net streams: 57.21 billion dollars
- Collected BTC holdings ~ 1.32 million
SPOT ETH ETFS
- Daily net streams: -$ 140.8 million
- Cumulative net streams: $ 13.72 billion
- Collected Eth Holdings ~ 6.62 million
Source: Father’s page -Investors
While you were asleep
- Bitcoin ‘Buy DIP’ call Wave, but liquidity trends point to $ 107,000 as potential magnet (Coindesk): Despite increasing the “Buy Dip” night, analysts warn Bitcoin May operation against $ 107,000, where a larger liquidity cluster sits after losing support on key movement.
- Ripple, Securitize brings RLUSD to Blackrock and Vaneck Tokenized Funds (Coindesk): Ripple’s StableCoin will act as a 24/7 Redemption Bridge for Blackrocks Buidl and Vaneck’s VBill -Tokenized Funds, with swaps activated through Securitize Smart Contracts.
- Elliptic Land’s HSBC Investment, which is expanding big bank support in Blockchain Analytics (Coindsk): HSBC’s financial crime manager will join Elliptic’s board of directors as the bank invests in the London-based company to fund employment and expansion in the midst of increasing demand for digital asset risk
- Trump, in rhetorical shifts, Ukraine can re -enter all his land (Reuters): Trump said of truth that was socially after meeting Zelenskiy on the UN on Tuesday that Ukraine could regain all occupied land, though American politics remain unchanged.
