Fed Slashes Rates: BTC Holds Steady at $116K, BNB Breaks $1K Barrier, and XRP ETF Launches - Your Weekly Crypto Rundown
Markets pivot as traditional finance gets another nudge from the Fed—while crypto just keeps doing its thing.
Bitcoin's Bullish Stability
BTC isn't blinking at the Fed's latest move, holding strong at $116K. No panic, no frenzy—just steady dominance as the macro landscape shifts.
BNB Joins the Elite Club
Binance Coin cracks the $1K mark, proving once again that utility and ecosystem growth can defy even the cynics' deepest doubts.
XRP ETF Goes Live—Finally
Another crypto ETF hits the market. Because what’s better than speculative digital assets? Wrapping them in traditional finance packaging, of course.
So while the old guard plays with rate cuts, crypto’s building the next financial system—one blockchain at a time.
Market Data
Market Cap: $4.150T | 24H Vol: $144B | BTC Dominance: 55.7%
BTC: $116,120 (+1%) | ETH: $4,520 (+0.04%) | XRP: $3.04 (+0.11%)
This Week’s Crypto Headlines You Can’t Miss
. The former BitMEX CEO was quite active on social media this week, warning that the US government won’t stop printing money. That could help BTC’s rally against the dollar, he explained, and added that the asset could skyrocket to $1 million, especially if Trump’s Fed nominee is appointed.
. While the precious metal continues to build on during this historic year and chart new all-time highs against the greenback, BTC’s rally has stalled as of late, prompting some to question its SAFE haven status.
. And while we are on the topic of a stalled bitcoin run, a recent report noted that the cryptocurrency’s true top might have already been in, and the analyst warned about a potential big correction on its way.
. The US Securities and Exchange Commission continues to delay making decisions on several crypto-focused ETFs. The latest to experience a postponement was Truth Social’s Bitcoin ETF.
. At the same time, REX-Osprey’s ETFs tracking the performance of Doge and XRP went live for trading on Thursday. Interestingly, both products saw massive demand, especially the one tied to Ripple’s native token.
. With several big updates already taken care of, ethereum developers outlined the next scheduled one. Called Fusaka, it should be completed by December in several stages, as the first one will launch on October 1.
Charts
This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid – click here for the complete price analysis.
