Trump Tariffs, GDP Rattle Markets, Etfs Bleed: Crypto Daybook Americas

I Not Been A Happy 24 Hours for Crypto Bulls, with The Coindesk 20 Index Droping 5% and Market Leaders BTC$ 109.391,32 an Eth$ 3993.39 Falling Nearly 2%.

Majoor Altcoins Such as Xrp, Bnb and Sol Lost Even Even More, and Astr, The Native Token of Aster Dex, Which Recently Flipped Hyperlic Abnormal Price Movements in the XPL-USDT Perpetual Trading Pair. Still, A FEW COINS, INCLUDING MNT, CRO, KAS, OKB and XMR, Managed Gains of AROUND 1%.

The Downturn Coincides with A Stronger Dollar, Pushed Higher by Thursday’s US GDP and Jobless Claims Data. Meanwhile, Market Flow Dynamics Turned Bearish.

“ETF Behavior Changed from A Primary Absorber of Supple to a Net Seler This Week,“ Analysts at Brn Told Coindesk. “YESTERDAY, BITCOIN ETFS POSTED $ 258 Million of Outflows While Ethereum Etfs Recorded $ 251 Million of Outflows, Marking Four Straight Days of Red For Eth Funds.”

WHALES HAVE ALSO BECOME Net Selers, Offloading 147,000 BTC Since Aug. 21, The MOST SINCE The BULL CYCLE BEGAN IN EARLY 2023, Account to Cryptoquant.

Analysts at Bitunix Exchange Warned that President Donald Trump’s Tariff AnnounCements on Thursday have increasted Market Uncertain, with Sentiment Oscillating Between.

Trump Announced Tariffs of As Much As 100% on Trucks, Furniture and Pharmaceuticals, Effective Oct. 1.

The Fed’s Preferred Inflation Gauge, The Core Personal ConSMODITURE, IS DUE LATER TODAY. The Report is Projected To Show A 2.9% Year-Over-Year Rise in August, Matching July. MONT-ON-MONTH, IS Forecast to have increased 0.2%, slightly Below July’s 0.3%, accounting to facncest. A softer-man-expectioned print could TEMPER The Dollar’s Rally, Putting a Floor Under Bitcoin and the Wider Crypto Market.

Traders Should Remain Vigilant About Regulatory Developments Related to Digital Asset Treasuries. A wsj report on thursday CITED US REGULATORS ‘CONCERNS About Unusual Trading Volumes and Stock Price Volatility in Over 200 Companies Linked to Crypto Treasury Strategies. Regulatory Pressure On these Treasuries, or Dats, Could Accelerate Market Sell-Offs.

Additionally, Geopolitical Developments Warrant attention, As Reports Are Circulating About Russia’s Aerial Incursions in Europe. Wti crude oil is already up 4% for the week, the most since june. Stay Alert!

What to Watch

• Crypto
  • Nothing Schereduled.
• Macro
  • Sept. 26, 8:30 AM: Canada July Gdp Mom Est. 0.1%.
  • Sept. 26, 8:30 AM: US August Headline PCE Price Index Yoy Est. 2.7%, Mom est. 0.3%; Core Yoy Est. 2.9%, Core Mom Est. 0.2%.
  • Sept. 26, 10 AM: (Final) September Michigan Consumer Sentiment Est. 55.4.
  • Sept. 26, 1 PM: Fed Vice Chair for Supervision Michelle Bowman Speech On “Approach to Monetary Policy Decision-Making.”
• Earnings (Estimates Based On Factor Data)
  • Nothing Schereduled.

TKEN EVENTS

• Governance Votes & Calls
  • Dydx$ 0.5934 is voteing on kinder to Approve the Setting of Rewards C Constant to 0. Voting Closes Sept. 26.
  • Decentraland Dao is voteing on a new veto Procedure that lets the Council Approve Majoor Decisions Internally, While Giving the Community 14 Days to Challenge them Teuhh a veto. Voting Ends Sept. 29.
• Unlocks
  • Sept, 28: Jup$ 0.4405 To Unlock 1.75% of It Circulating Supple Worth $ 28.89 Million.
• TKEN LAUNCHES
  • Sept. 26: Hana Network (Hana) to Be Listed on Binance Alpha, Kucoin, Mexc, Bingx, and Oters.
  • Sept. 26: Mira (mira) to be listed on binance alpha, kucoin, and others.

Conferences

• Day 2 of 2: Asset Based Finance 2025 (New York)
• Sept. 26: 8th Annual Black Blockchain Summit (Washington)

Token TalkBy francisco rodrigues

• Plasma, A NEW BLOCKCHAIN ​​PURPOSE-BUILT FOR STABLECOins, Launched ITS Mainnet Beta and Native Token XPL on Thursday, DEBUTING WITH A FULLY DILUTEDED VALUATION THAT’S NOW ABOVE.
• The Layer-1 Network, Backed by Bitfinex, Bybit, Tether Ceo Paelo Ardoino and Tech Billionaire Peter Thiel, Enterned The Market With Over $ 2 Billion Worth of Xpl Tokons in Circulation.
• Built for High-Speed, Low-Fee Stablecoin Operations, Plasma Aims to Serve As the Back End for a New Class of Defi Applications. AT LAUNCH, LIQUidity Was Already Deployed Across Majoor Platforms Including Aave, Ethereum, Euler and Fluid.
• THESE INCLUDE PLASMA ONE, WHICH IS BILLED as A “STABLECOIN-Native Neobank.”
• Some tokens Sold to Us Investors Are Locked Until Mid-2026 Due to Regulatory Restrictions, Which May Lower The Effective Float in Early Trading.

Derivatives Positioning

• MOST major tokens, Including BTC and Eth Continued to Experience Capital Outflows from From Futures Market, Leading to A Decline in the Nocial Open Interest (Oi).
• That’s only to be experted as the Market Soon Shakes Overleveragged Bets.
• Notably, The BTC and Eth Oi Have Continued to Deckline in the Past Couple of Hours, Raising Questions About the Sustainability of the Minor Price Recovery.
• Smaller Coins Like Kas and KCS Have Seen A Moderate Increase in Oi in the Past 24 Hours.
• Volume in Crypto Perpetuals Listed on Aster Dex Has Surged to Over $ 46 Billion in The Past 24 Hours, Significantly Higher than Hyperliquid’s $ 17 Billion.
• On the CME, BTC Futures Oi Has Almost Reversed The Early September Spike from 134k BTC to 149K BTC, Representing Renewed Capital Outflows. On the Other Hand, Oi in Options Continues to Rise, Approaching The November 2024 High of 56.19k BTC.
• Positioning in ethutures and options reminded on deribit, with and Annualized Three-month Basis at 7%, A significantly Lower yield than Sol’s 15%.
• BTC, Eth Options Risk Reversals Continue to Lean Bearish Out to the December Expiry, Data From Deribit Show. In Sol and Xrp’s Case, Pricing Is Biassed Bullish for The Year-end expiry.

Market Movements

• BTC IS UP 0.4% FROM 4 PM ET Thursday AT $ 109,669.81 (24hrs: -2.17%)
• ETH IS UP 0.74% AT $ 3.916.83 (24hrs: -3.12%)
• Coindesk 20 IS Up 0.18% AT 3.820.89 (24hrs: -3.25%)
• Ether Cesr Composite Staking Rate Is Unchanged AT 2.9%
• BTC FUNDING RATE IS AT 0.0049% (5.4082% Annualized) on Binance

• DXY IS DOWN 0.19% AT 98.37
• Gold Futures Are Up 0.21% AT $ 3.778.90
• Silver Futures Are Up 0.56% AT $ 45.37
• Nikkei 225 Closed Down 0.87% AT 45,354.99
• Hang Seng Closed Down 1.35% AT 26,128.20
• Ftse is up 0.37% AT 9,247.82
• Euro Stoxx 50 IS Up 0.38% AT 5.465.79
• Djia Closed On Thursday Down 0.38% AT 45,947.32
• S&P 500 CLOSED DOWN 0.5% AT 6,604.72
• NASDAQ composite Closed Down 0.50% AT 22,384.70
• S&P/Tsx Composite Closed UnChanged AT 29,731.98
• S&P 40 Latin America Closed Down 1.12% AT 2.908.21
• US 10-YEAR Treasury Rate is up 0.3 BPS at 4.177%
• E-mini S&P 500 Futures Are UnChanged AT 6,664.75
• E-mini NASDAQ-100 Futures are Unchanged AT 24,614.25
• E-mini Dow Jones Industrial Average Index Are Up 0.19% AT 46,355.00

Bitcoin Stats

• BTC Dominance: 59.06% (-0.03%)
• Ether-Bitcoin Ratio: 0.03573 (0.52%)
• Hashrate (Seven-Day MOVING AVERAGE): 1,083 eh/s
• HashPrice (Spot): $ 48.79
• Total Fees: 3.27 BTC / $ 364,469
• CME FUTures Open Interest: 134,940 BTC
• BTC PRICED IN GOLD: 29.2 OZ
• BTC VS Gold Market Cap: 8.24%

Technical AnalysisXrp’s Weekly Chart. (TradingView/Coindesk)

• Xrp is Droping Fast Town of the Key $ 2.65- $ 2.70 Price Level Identified by the Swing High May and Intras Lows in August and Earlier Ith.
• A Break Beld Wuld Mark A Significant Weakening of Buying Demand, Potentilly Yielding A Slide Toward $ 2.00.

Crypto equities

• Coinbase Global (Coin): CLOSED ON Thursday at $ 306.69 (-4.69%), -0.1% AT $ 306.39 in Pre-Market
• Circle Internet (CRCl): Closed AT $ 124.66 (-5.26%), +0.28% AT $ 125.01
• Galaxy Digital (GLXY): CLOSED AT $ 32.12 (-6.34%), -1.26% AT $ 31.71
• Bullish (BLSH): CLOSED AT $ 61.83 (-8.52%), +0.36% AT $ 62.05
• Mara Holdings (Mara): CLOSED AT $ 16.07 (-8.9%), +0.62% AT $ 16.17
• Riot Platforms (Riot): CLOSED AT $ 16.74 (-6.95%), +2.69% AT $ 17.19
• Core Scientific (Corz): CLOSED AT $ 16.84 (-1%), -0.77% AT $ 16.71
• Cleanspark (CLSK): CLOSED AT $ 13.68 (-5.33%), -4.02% AT $ 13.13
• Coinshares Valkyrie Bitcoin Mines Etf (WGMI): Closed AT $ 42.16 (-6.31%), -1.4% AT $ 41.57
• Exodus Movement (Exod): Closed At $ 28.9 (-9.69%)

Crypto Treasury Companies

• Strategy (Mstr): Closed AT $ 300.7 (-6.99%), +0.31% AT $ 301.62
• Semler Scientific (SMLR): CLOSED AT $ 30.21 (-4.46%), +1.66% AT $ 30.71
• Sharplink Gaming (SBET): CLOSED AT $ 16.31 (-7.22%), -0.98% AT $ 16.15
• UPEXI (UPXI): CLOSED AT $ 5.28 (-14.29%), -0.38% AT $ 5.26
• Lite Strategy (Lits): CLOSED AT $ 2.54 (-5.93%), +1.97% AT $ 2.59

ETF FlowsSPOT BTC ETFS

• Daily Net Flows: -$ 253.4 Million
• Cumulative Net Flows: $ 57.2 Billion
• Total BTC Holdings ~ 1.32 Million

Spot eth etfs

• Daily Net Flows: -$ 251.2 Million
• Cumulative Net Flows: $ 13.39 Billion
• Total Eth Holdings ~ 6.57 Million

Source: Farside Investors

While You Were Sleeping

• Near $ $ 30M Ether Wipeut on Hyperliquid Stands Out As Crypto Market Sees $ 1 1b In Liquidation (Coindesk Overcrowded Bullish Positioning and Rising Risks on Decentralized Perpetual Exchanges.
• Key Indicators to Watch in Q4: Bitcoin Seasonal Trends, XRP/BTC, DOLLAR INDEX, NVIDIA, AND MORE (COINDESK) XRP, The Dollar Index and NVidia Highlight Technical and Macro Risks for Traders.
• Trump to Slap New Tariffs on Pharma, Big Trucks (The Wall Street Journal): The President Announced Oct. 1 Tariffs on Imported Branded Drugs, Heavy Trucks and Home Goods, Drawing Warnings from Us Pharmaceutical Companies that Higher Cords Could of Undermine Domestic MANUFACTACTACTAC.
• Will China’s Digital Yuan Centre Be A Step Forward for Internationalization? (South China Morning Post): On Thursday, The People’s Bank of China Operated A Shanghai Operations Center and Unveiled Three Platforms to Expand E-Cny Reliance on the US dollar.
• Curve Finance Founder Michael Egorov Launches Bitcoin Yield Protocol (Coindesk): Yield Basis, A Decentralized Automated Market Maker (Amm) Protocol Backed, DEBUTOLIO Vetokenomics to Remove Impermanent Loss and Open Sustainable Bitcoin Yield.