Bitcoin and Ethereum Surge as ETF Inflows Drive Market Gains

I. Crypto Market Overview

Key Takeaways

Macro Environment

The Federal Reserve is expected to cut rates by 25bps next week, boosting risk appetite and crypto liquidity. India’s inflation remains stable at 2.07%, supporting macro stability and capital inflows. The SEC’s shift to clear crypto rules and Nasdaq’s tokenized securities push signal rising institutional acceptance.

Crypto Market

The crypto market is broadly positive over the past 12 hours, with Bitcoin up 2.4% to $114,268 and Ethereum up 2.9% to $4,426, driven by strong ETF inflows and bullish technical signals. Altcoins show mixed gains, with Dogecoin (+4.9%), Immutable (+3.9%), and PEPE (+2.1%) outperforming, fueled by high trading volumes and renewed retail interest in meme and NFT sectors.

Today's Outlook

Today, Project Merlin (MRLN) concludes its IDO on Spores with a $2.24M fundraising goal, while OpenSea launches a pre-TGE incentive program for early users. These events may drive sector-specific volatility and highlight ongoing innovation in DeFi and NFT markets.

Fear and Greed Index

94.00% Annual Percentile

50 Neutral

Total Crypto Market Cap

$4.07T

1.50%

Total Market Trading Volume

$166.87B

13.22%

Altcoin Season Index

75.00%

Quarterly Percentile

65 / 100

Total Futures Market Open Interest

3.92B

1.64%

Futures

840.05B

11.87%

Perpetuals

II. Industry Updates

Macro-economic Policies

The Federal Reserve is expected to cut interest rates by 25 basis points next week, which could boost BTC and DeFi liquidity as borrowing costs decrease and risk appetite rises.

India's retail inflation rose to 2.07% in August, remaining within the RBI's target range; stable inflation supports macroeconomic stability, favoring crypto market sentiment and capital inflows.

South African rand remains steady as markets await upcoming CPI data and central bank meeting; potential monetary policy shifts may impact crypto trading volumes and ZAR-based stablecoin demand.

Recent US labor market weakness and mild inflation data have increased expectations for Fed rate cuts, which could drive renewed interest in risk assets like BTC and altcoins.

Wall Street's bullish sentiment ahead of the Fed decision is supporting gold and crypto prices, as lower rates are expected to enhance liquidity and drive capital into digital assets.

Cryptocurrency Regulatory Trends

SEC Chair Paul Atkins announced a shift to clear, predictable crypto rules, moving away from enforcement-driven policy, which is expected to boost market confidence and attract institutional capital.

Nasdaq has filed a rule change with the SEC to enable trading of tokenized securities by 2026, signaling growing regulatory acceptance of blockchain-based assets and likely increasing institutional participation.

Tether launched the USAT stablecoin under U.S. regulatory oversight, aiming for full compliance with the GENIUS Act, which may set new standards for stablecoin transparency and institutional adoption.

The SEC has delayed decisions on several crypto ETFs, including BlackRock's Ethereum staking and Franklin's Solana and XRP products, creating short-term uncertainty but indicating a move toward unified listing standards.

UK trade groups urged the government to include blockchain and stablecoin standards in the US Tech Bridge deal, highlighting regulatory competition and the need for global digital asset frameworks.

PEPE (PEPE): Up 15.1% in 24h with $1.96B trading volume surge, driven by renewed memecoin speculation and high on-chain activity, pushing market cap to $5.1B.

Dogecoin (DOGE): Gained 12.8% in 24h as trading volume soared to $7.9B, fueled by increased retail interest and positive sentiment in the meme coin sector.

Immutable (IMX): ROSE 12.1% in 24h with $106M volume, supported by NFT ecosystem growth and strong demand for layer-2 Ethereum scaling solutions.

Smart Money Movements

Paul Tudor Jones' Tudor Investment Corporation increased its Bitcoin holdings to over $445 million, nearly doubling its investment in BlackRock’s iShares Bitcoin Trust, as revealed in recent SEC filings.

Fidelity acquired 37,739.49 Ethereum, valued at approximately $178.3 million, marking a significant diversification of its crypto portfolio beyond Bitcoin.

A wallet linked to the Coinbase hacker purchased 3,976 ETH for $18.9 million at $4,756 per token, coinciding with Ether's price surge above $4,700.

Galaxy Digital acquired nearly 5 million Solana tokens worth $1.16 billion over three days, transferring $1.11 billion in SOL to Coinbase Prime for custody.

A new wallet bought 9,486 ETH for $44.78 million from Coinbase Prime at an average price of $4,720 per ETH, indicating substantial institutional activity in Ethereum.

Events to Watch

Sep 13 (Sat)

Project Merlin (MRLN) IDO on Spores ends today with a $2.24M fundraising goal; OpenSea launches pre-TGE incentive program for early users.

Sep 15 (Mon)

Conflux CFX Code Without Borders 2025 hackathon submissions close at 23:59 UTC; ETHTokyo 2025 conference and hackathon continues in Tokyo.

Sep 16 (Tue)

Arbitrum (ARB): 92.65M tokens unlock, 2.03% of supply, may trigger selling pressure; Falcon Finance (FF) IDO on Buidlpad with $10M fundraising goal.

Sep 17 (Wed)

FOMC meeting: Federal Reserve expected to cut rates by 25bps, with press briefing by Chair Powell; key for global markets and crypto sentiment.

Table of Contents