The cryptocurrency market is witnessing significant inflows into U.S. Bitcoin and Ethereum spot ETFs, with $23.24 billion and $6.375 billion, respectively, as investors anticipate the Federal Reserve's rate decision on September 17. The total crypto market cap stands at $4.01 trillion, with Bitcoin dominating 57.21% of the market.
Market participants are closely monitoring the Fed's potential 25 basis point rate cut, which has a 96.4% probability, as it could influence market resistance levels. Meanwhile, the stablecoin market is experiencing a decline, with USDT making up 58.88% of the market. Notable price movements include MYX's 1324% surge over the past week. Additionally, token unlocks for Starknet and Arbitrum are on the horizon, alongside major events like EDCON 2025 in Japan and Korea Blockchain Week 2025.
Bitcoin and Ethereum ETFs Attract Billions Ahead of Fed Rate Decision
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