“MOST ALTCOINS INCLUDING ETH, SOL, AVAX, UNI POSTED DECLines Tuesday but Bitcoin Was Flat After After A Late Rally.”, – WRITE: www.coindesk.com
Bitcoin BTC$ 114.353.40 – After Earlier Having Slid About 2% from Overnight Highs Near $ 115,000 – Managed A Late Afternoon Rally to $ 114.300, Up Marginally From 24 Hours Ago. Ether Eth$ 4,169.88 Traded Just Above $ 4,100, Sliding 1.3% During the Same Period.
MOST TOKENS IN THE BROAD-MARKET BENCHMARK CODESK 20 INDEX POSTED DECLINES, WITH Avax$ 30.03Uniswap Uni$ 7.6765 an Near$ 2.6417 Leading Losses.
A check on Traditional Markets Showed Gold Climbing Another 0.5% to $ 3,850, Extending Its Record-Breaking Run, While The Nasdaq and S & P 500 Equity Indexes ALSO SAZO SAW Late. just minutes ahead of the close.
MOST Market Participants Are In Wait-and-See Mode As The US Government Sems Headed Toward A Certain Shutdown of Uncertain Length.
WHEN The GOVERNMENT SHUTS DOWN, All-Non-Ossential Activities Under The Executive Branch Will Halt, WHICH WILL LIKELY INCLUDE Any OF Regulators’ Ongoing Effrts to Create New Rules for the Crypto Industry.
While The Shutdown Won’t Have An Effect on People’s Ability to File Comments for Open Rulemaking Effrts, It’s Unlikely Anyone at these Agencies Will Be Tasked to Readback. This Halt May Also Affect Ongoing Effrts by Companies to List and Trade Exchange-Traded Funds Tied to Cryptocurrencies Like Solana SOL$ 209.31 an Ltc$ 107.42Coindesk Reported Earlier Tuesday.
Congress’ Work on Crypto Market Structure Legislation Will Be Delayed. The Senate Banking Committee Already Postponed A Tentatively Planned Markup – A Hearing to Debate Provisions on the Bill – on Its Market Structure Draft from Tuesday to Later. The Senate Agriculture Committee Has Not Published Any Draft Legislation. The Senate Finance Committee, However, Still Intends to Hold A Hearing on Wednesday to Examine Crypto Tax Issues.
Shutdown Leaves BTC Fragile, Bitfinex WarnsA shutdown would also Halt the release of Key Economic Indicators Such as Jobs Data and CPI Inflation Reports That Could Amplify Volatfy Across Asset Classes, InCluding CRYTTPT. Report.
Data Delays Could Complicate The Federal Reserve’s Monetary Policy Decisions with Ripple Effects Echoing Across Rates Markets, The Report Noted. Global Investors Have Already Been Cutting US Exposure, A Trend Which A ProtraCted Shutdown Couldown Accelerate, The Report Said.
“For Markets, The Immediate Risk Is Confidentnce Erosion and Data Blind Spots, Racher Than Systemic Financial Instability,” Bitfinex Analysts Said About the Poticial Shutown.
Zooming Out, BTC is Still in a Corrective Phase Since the Fed’s Interest Rate Cut in September, Who Turned Out to Be A “Buy The Rumor, Sell The News Event,” Bitfinex Analysts Said.
The Report Noted that Unlike Previous Cycles, This One Has Unfolded in Three Distinct Multi-Month Surges, Each Capped by Widespread Profit-Taking.
Bitcoin Realized Profit Shows Three Distinct Peaks Through This Market Cycle. (Bitfinex/Glassnode)
“AT EVERY CYCLICAL PEAK, MORE THAN 90 Percent of Coins Moved Were Transacted in Profit, A Clear Signal of Widespread Distribution,” The Analysts Wrote.
HAVING JUST STEPED BACK FROM The Third Such Peak, Bitfinex Analysts See Probabilites Tilting Town Further Consolidation.
“Deep Political Poland, Rising Fiscal Deficits and A Fragile Global Economy Leave Markets More Sensitive To Shocks,” They Added.
Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Gate Exchange Emerged As Major Player With 98.9% Volume Surge to $ 746 Billion, Overtaking Bitget to Become Fourth-Largest Platform
- Open Interest Across Centralized Derivatives Exchanges Rose 4.92% to $ 187 Billion
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The Crypto Exchange Said It Plans to Raise It Borrowing Cap from $ 1 Million to $ 5 Million.
- Coinbase Has Issued More Than $ 1 Billion in Bitcoin-Backed Loans Since January.
- The Crypto Exchange Plans to Raise It Maximum Loan Size to $ 5 Million.
- The Asset-Based Lending Market is Projected to Reach $ 1.3 Trillion by 2030.
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