The cryptocurrency market experienced a significant downturn in September, losing $162 billion in valuation despite a brief uptick in Bitcoin prices. On September 26, Bitcoin fell below the critical support level of $110,000, while Ethereum dropped to a seven-week low under $3,900, erasing earlier monthly gains. Despite the losses, institutional investors remain optimistic about a potential recovery in the fourth quarter. Coinbase Research anticipates market strengthening due to robust liquidity, favorable macroeconomic conditions, and supportive regulatory developments. Grayscale's report highlights three key drivers for Q4 returns: U.S. Senate's crypto legislation efforts, SEC's approval of a general listing standard for commodity ETPs, and potential Federal Reserve rate cuts. Additionally, BiyaPay has introduced zero-fee trading for spot and futures, allowing direct trading of U.S. and Hong Kong stocks with USDT, enhancing capital flexibility.