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BTC/USD traded near 78,900.00 early Wednesday after briefly breaking above 81,000.00 for the first time since May. The price later slipped below 78,000.00 following the release of US inflation data. Bitcoin is still up approximately 24–25% since the beginning of August, with the monthly range extending from 62,232.00 to 81,142.00.
On September 22, Bitcoin slipped to $112,000, driving daily crypto liquidations to $1.7 billion and reigniting debate over whether the market can deliver its usual October rally.
The BTC/USD pair continued its correction following the latest Federal Reserve meeting, the results of which were announced on Wednesday. Although officials cut the interest rate by 25 basis points to 4.25% and hinted at the possibility of further easing, prices pulled back and today tested the 112,500.00 level (Murray [4/8], 23.6% Fibonacci retracement). Analysts attribute this move to profit-taking after the widely anticipated Fed decision.
The broader crypto market is currently in a holding pattern, but Binance Coin (BNB) is breaking away from the pack. While Bitcoin, Ethereum, and most other assets are moving sideways, BNB has been setting fresh records. Earlier this week, the exchange token surged past $1,000 to hit a new all-time high—and the rally hasn’t slowed. At the time of writing, BNB is trading just below $1,100, marking an 8% gain in the past 24 hours.
The value of active loans on DeFi lending giant Aave has climbed above $30.2 billion, setting a new milestone for the protocol.
The upcoming surge of U.S. stablecoin launches risks becoming more of a redistribution battle than true market growth, according to a JPMorgan report cited by CoinDesk.
This week the cryptocurrency market showed mixed dynamics. At the moment, BTC is trading around 116,984.33 (+1.66%), ETH near 4,536.75 (+0.42%), XRP around 3.0300 (–0.51%), the stablecoin USDT at 1.0000 (+0.04%), and BNB at 999.97 (+10.50%). Total market capitalization stands at $4.08 trillion, while BTC’s market share is 57.1%. Bitcoin ETFs added $163.0 million in net assets, and Ethereum ETFs added $213.1 million. The Fear & Greed Index climbed to the edge of the neutral zone at 54, reflecting a slight uptick in investor interest in buying, though traders remain cautious about risk.
Joseph Lubin, Ethereum co-founder and CEO of ConsenSys, confirmed that MetaMask — the most widely used Web3 wallet — is preparing to roll out its native token, MASK, in the coming future.
According to K33’s September report, the market value of public companies holding bitcoin on their balance sheets has fallen sharply. One in four firms now trades at a market capitalization lower than the value of their digital assets.
Following the Federal Reserve’s latest rate cut, Bitcoin has climbed back above the symbolic €100,000 mark, sparking optimism across the digital asset market.
The memecoin Dogecoin (DOGE) is attempting to push back toward its monthly high after a successful retest of the breakout zone around $0.256. Bulls may be on the verge of driving the price to fresh highs, with multiple upside targets now in focus.
On September 17, the U.S. Federal Reserve announced its first rate cut since the end of 2024, a move that immediately rippled through the crypto market and gave altcoins a noticeable boost.
For crypto, the framework is similar to traditional financial markets but comes with its own twist. Here, price action turns on liquidity, adoption, regulation, and flows from institutions alongside retail sentiment. Network health—hash rate, staking, active wallets—adds another layer. Macro still matters too: rates, dollar strength, and risk appetite shape inflows and outflows. Then, as with any market, you use the chart—trend, support and resistance, momentum, and volume—to spot setups and manage risk.