🚨 Last Night's Crypto Market Highlights — Quick Update! 👇
1⃣ BTC, ETH and SOL continue to move sideways.
Tom Lee’s bullish ETH forecast failed to make an impact, while the SOL ETF launch was lackluster. Market sentiment remained subdued overall. US crypto stocks closed mixed.
2⃣ ASTER crossed the $2.3 mark and shows no signs of slowing down.
Thanks to CZ's heavy promotion and Binance's resources, the coin is benefiting greatly. Current market Capital : $18.2 billion, compared to HYPE's $45.6 billion — even though HYPE is down 25% from its peak.
3⃣ UXLINK drops to $0.064.
The “ Token Swap rescue” plan proved ineffective. Binance will Delisting the UXLINK perpetual contract, symbol U, on September 26.
4⃣ Stablecoin XPL will TGE on September 25 with an initial circulation of 18%.
Binance has distributed the XPL Airdrop from the “Earn Mining” program, users will receive it in their Spot wallet on September 25.
5⃣ DYDX jumped 7% on a big announcement “teaser”, but the official news was disappointing.
Community reaction: "You can't use bait and then exchange goods like that."
6⃣ GAIN launched yesterday on Binance Alpha.
Today, a community member accused the dev team's wallet of issuing an additional 5 billion Token and then dumping them, causing the price to drop to almost 0. Then the price jumped more than 200%. The Dump is currently suspended.
7⃣ Native Markets' stablecoin USDH is officially running on Hyperliquid.
8⃣ Matrixport comments: As long as BTC remains above $109,899, the bull market structure remains intact.
9⃣ Policy: The US Senate will hold a hearing on crypto taxes on October 1.
🔟 Market Outlook & AI:
– BTC under short-term pressure but long-term trend remains positive; $110,000 is key support, high leverage buying pressure remains.
– ETH recorded a strong divergence between Longing/ Short positions; Capital flows are leaning towards Longing orders at low price levels, but short-term volatility is increasing.
– Major coins have mixed developments: BNB clearly attracts Capital , while SOL records cash outflows — the general sentiment is still cautious.
– Small-cap Capital are active, “hot” money flows chasing short-term surfing opportunities.
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