CryptMarket Analysis — 25-09-00
The crypto market experienced heightened volatility in the past four hours as bitcoin and ether extended steep declines, dragging the total market capitalization below $4 trillion. Over $1.5 billion in leveraged positions were liquidated, with more than 400,000 traders affected, underscoring a risk-off sentiment after fresh macroeconomic uncertainty. Regulatory momentum picked up, with the SEC approving major rule changes that could soon open the ETF 'floodgates' for bitcoin and crypto, albeit amid legislative gridlock and investor rotation into equities and gold. Near-term sentiment remains cautious, with traders closely watching key price floors for bitcoin as sellers test support and market structure reforms linger in Congress.
Overall, while regulatory developments hint at future institutional flows, immediate sentiment is negative, driven by rapid price declines, liquidations, and anxiety over Fed policy signals. Expect continued choppiness and rangebound trading until clearer macro or regulatory catalysts emerge.