Cryptocurrency markets proceed to push larger after the Federal Reserve’s fee minimize amid the launch of latest altcoin ETFs.
| Cryptocurrency | Ticker | Value |
| Bitcoin | BTC/USD | $117,785.90 |
| Ethereum | ETH/USD | $4,612.77 |
| Solana | SOL/USD | $250.11 |
| XRP | XRP/USD | $3.11 |
| Dogecoin | DOGE/USD | $0.2842 |
| Shiba Inu | SHIB/USD | $0.00001353 |
Notable Statistics:
- Coinglass knowledge exhibits 105,119 merchants have been liquidated prior to now 24 hours for $336.51 million.
- SoSoValue knowledge exhibits internet outflows of $51.3 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs noticed internet outflows of $1.9 million.
- Previously 24 hours, prime gainers embody Aster ASTER/USD, Immutable IMX/USD and Avalanche AVAX/USD.
Notable Developments:
Dealer Notes: Walter Bloomberg said Bitcoin is hovering close to $117,800, with analysts assigning a 70% likelihood of latest highs within the subsequent two weeks.
He famous ETF inflows of $2.8 billion since Sep. 9, with bullish futures supporting the outlook, whereas liquidity close to $114,000 may set off pullbacks. A detailed above $117,500 would affirm a breakout and cut back draw back threat.
Castillo Buying and selling highlighted that bearish calls round $107,000–$108,000 have been approach off, with Bitcoin now on monitor towards the higher restrict and new all-time highs.
CW identified that Bitcoin’s final main promote wall stands at $119,000–$121,000.
Jelle added that Bitcoin is flipping resistance into help, with momentum constructing since early September. He predicts the value will transfer “sluggish and regular to new highs.”
Learn Subsequent:
Picture: Shutterstock
Market News and Data brought to you by Benzinga APIs
© 2025 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.
