Crypto 24-Hour Big Events! 1-Minute Overview of Overnight Markets | September 24th

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🚨 Last Night’s Crypto Highlights — Catch up fast! 👇

1⃣ $BTC, $ETH, and $SOL continue to show weak momentum. All three major U.S. stock indices closed lower, and crypto-related stocks also declined. The Fear & Greed Index has slipped back into “Fear,” showing cooling FOMO sentiment.

2⃣ $ASTER rebounded to $2.08, possibly due to the launch of trading mining, with daily protocol revenue exceeding $7 million. ASTER remains a key trading focus in the current market.

3⃣ $FTT suddenly spiked again after 3 quiet days — all because SBF’s X account posted "GM." Reminder: SBF is still in jail, but the post was made by a friend, reportedly authorized by SBF himself. Expect more activity — keep an eye on that account.

4⃣ $UXLINK remains volatile, swinging 10% up or down with no new developments. This one is purely an asymmetric information trade — stay sharp.

5⃣ $SIGN spiked then dropped after a “shoutout” from CZ. SIGN is backed by YZi Labs. While CZ is active with endorsements lately, his influence is scattered and not very sustained.

6⃣ Tether is reportedly seeking up to $20B in funding at a $500B valuation — putting it on par with OpenAI and SpaceX. For comparison, Circle is valued at $30B. The market reaction? “Insane.”

7⃣ $XPL pre-market contract continues to trade choppily. It’s set to launch on Binance Alpha on Sept 25, but negative rumors around the team are making the situation more unpredictable.

8⃣ A Tom Lee Fund analyst claims Ethereum won’t fall below $4,000 and is expected to rise to $5,500. But markets seem to be ignoring bullish predictions lately.

9⃣ Powell’s speech last night was mostly positive — but one comment about “elevated equity valuations” quickly spooked the markets. Meanwhile, Trump stated the U.S. is preparing for a new round of aggressive tariffs.
Market reaction: “Can you two calm down for a bit?”

🔟 Big regulatory news: The White House confirmed that the Bitcoin & crypto market structure bill is expected to be signed into law by the end of this year.

🔟1⃣ AI Market Forecast:

$BTC and $ETH are in a fierce short-term battle between bulls and bears, with whales running high-leverage positions on both sides.

Market is range-bound with active capital rotation, but spot money continues to flow out.

Overall tone: cautious.

Binance ecosystem tokens, especially $ASTER and $BNB, remain strong with concentrated capital inflows.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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