The post Bitcoin, Ethereum, altcoins tumble after US GDP surprise; $1.1B liquidations hit market appeared first on CoinJournal.

Bitcoin, Ethereum, altcoins tumble after US GDP surprise; $1.1B liquidations hit market

Source: https://coinjournal.net/news/bitcoin-ethereum-altcoins-tumble-after-us-gdp-surprise-1-1b-liquidations-hit-market/

The post Crypto market loses $160B in ‘Red September’, yet millionaires soar 40% in 2025 appeared first on CoinJournal.

Crypto market loses $160B in ‘Red September’, yet millionaires soar 40% in 2025

Source: https://coinjournal.net/news/crypto-market-loses-160b-in-red-september-yet-millionaires-soar-40-in-2025/

Crypto markets are still reeling from a fierce “Red September” selloff that has sent jitters through traders and investors alike.

There is a strong undercurrent of caution right now with investors watching the macro headlines, especially the Fed’s latest moves, and feeling heat from a resurgent US dollar and mounting regulatory uncertainties.

The fear factor is high among retail traders, especially with meme coins back in panic territory, but interestingly, big institutions haven’t cleared out.

That says a lot about the market’s long-term resilience.

For all the volatility, veteran investors seem to believe this selloff could be paving the way for a healthier Q4, especially if some regulatory clarity and macro relief finally show up.

Major crypto movers

Bitcoin’s been tossed around all week, trying to hold firm just above the $112,000 mark.

Despite all the drama, BTC’s daily change has been pretty muted, but it’s still down roughly 2% over the past seven days.

The tension is palpable; there’s talk that a slip below $112,000 could trigger another rapid drop, but so far, bulls are digging in their heels.

Ethereum is also fighting for higher ground, currently near $4,200.

Its weekly loss is steeper than Bitcoin’s, about 7% and analysts see ETF outflows and seasonal September trading patterns in play.

For Solana, it’s a similar story, with sellers driving the price toward $216, the coin shedding more than 2% in the latest session, and short-term holders running for cover.

XRP has been a mild outlier, eking out some gains where most heavyweights reversed. It bounced up to around $2.86 and stayed resilient after threatening a breakdown below key support.

DOGE, however, lost some of its shine, dropping just over 1% today as meme coin enthusiasm fizzled after the big liquidations.

Even with all the noise, the big coins aren’t in catastrophic territory, but the road to recovery is littered with caution tape.

Market update: News and broader trends

This latest bout of selling is being blamed on a handful of big-picture trends.

First and foremost, traders point to the Fed’s mixed messaging, a rate cut that should excite risk assets paradoxically made the US dollar even stronger, making it tougher for speculative bets on crypto to thrive.

Huge liquidations have unfolded, with more than $1.65 billion in leveraged longs forced out of the market.

Meme coins bore the brunt of the panic, but strong institutional flows suggest bigger players are sticking to their long game.

Regulatory uncertainty is a running theme, debates in the US and Europe over tougher anti-money laundering rules and crypto tax policies have stoked investor anxiety.

There are also worries over trade tensions and new tariffs added to US imports from India, Taiwan, and Canada, further muddying the waters and keeping risk appetite subdued.

Yet there’s a strange sense of optimism simmering.

Many believe the panic has set the stage for a more sustainable rally later in the year, especially if macro and regulatory conditions stabilize.

Institutional adoption, fresh network upgrades, and the possibility of new Bitcoin-related policies, perhaps even news from President Trump’s upcoming speech, are keeping hope alive that the tide could turn before year-end.

The post Crypto market news: BTC near $112K, ETH drops below $4,200 as fear grips traders appeared first on CoinJournal.

Crypto market news: BTC near $112K, ETH drops below $4,200 as fear grips traders

Source: https://coinjournal.net/news/crypto-market-news-btc-near-112k-eth-drops-below-4200-as-fear-grips-traders/

As the cryptocurrency market faced turbulence on Monday, Dogecoin (DOGE) experienced a sharp decline of over 11% in its price.

This came as bearish sentiment drove a substantial sell-off, erasing over $1.7 billion in positions from the broader crypto market. Tokens such as Pi Network fell more than 20% in the past 24 hours.

Dogecoin price crashes

Dogecoin’s value dropped by 10%, dropping to $0.23. This decline followed a period of consolidation, with DOGE trading between $0.23 and $0.26.

DOGE’s price drop aligns with broader market weakness and analyst caution.

Despite holding around $0.23, the technical picture suggests bulls might have to defend levels below $0.20. Indeed, the $0.13 area and a potential 40% drop from current levels might be one to highlight.

This bearish outlook is down to declining retail momentum.

Despite earlier optimism surrounding the launch of the first US Dogecoin ETF and significant whale accumulation of 4.9 billion DOGE in August, the current sell-off has overshadowed these bullish catalysts.

The Coin Days Destroyed indicator also signals potential further declines, as long-term holders have begun moving assets, a historically bearish sign.

DOGE price outlook as bears wipe $1.7 billion off crypto market

Bitcoin dropped to around $112k and the broader cryptocurrency market has not been spared.

Per Coinglass data, bears wiped out $1.7 billion in value as major cryptocurrencies like Ethereum and XRP struggle to maintain key psychological levels.

Dogecoin’s 11% drop within 24 hours to $0.23 contributed to the overall market downturn.

The sell-off has been made worse by weakening sentiment. Dogecoin’s futures open interest has dropped significantly as holders reduce their positions.

Data shows wallets holding 10 million to 100 million DOGE decreased their holdings by 6% in the past two months.

Despite some analysts viewing the current dip as a buying opportunity, the prevailing bearish trend suggests further volatility.

If bulls fail to bounce, Dogecoin will potentially revisit support levels at $0.22 and $0.20.

Investors might want to not only monitor technical indicators and market developments, but overall risk asset market outlook.

This means a look at the interplay of whale activity, macroeconomic factors, and ETF-driven optimism. The latter benefitted from the launch of the REX-Osprey DOGE ETF, with an upbeat uptake on debut.

However, Dogecoin’s initial reaction to the first US-listed DOGE ETF has waned. All eyes are on the upcoming deadlines for the SEC to approve or reject multiple proposals.

The post Dogecoin price crashes 11% as bears wipe $1.6B off the crypto market appeared first on CoinJournal.

Dogecoin price crashes 11% as bears wipe $1.6B off the crypto market

Source: https://coinjournal.net/news/dogecoin-price-crashes-11-as-bears-wipe-1-6b-off-the-crypto-market/

The first US-listed exchange-traded funds tied to Dogecoin and XRP debuted Thursday with far heavier demand than expected, posting a combined $54.7 million in trading volume.

Bloomberg ETF analyst Eric Balchunas noted that most new ETFs average about $1 million in first-day activity.

“No slouch,” he wrote on X, calling the funds’ debut “a good sign for the onslaught” of pending crypto ETFs awaiting regulatory approval.

Issuers have submitted multiple applications for crypto ETFs, including those linked to speculative altcoins and products incorporating mechanisms such as staking.

XRP ETF posts record opening

The REX-Osprey XRP ETF (XRPR) saw $37.7 million in volume, according to Cboe data, marking the biggest first day for any ETF launch in 2025.

Within its first 90 minutes of trading, XRPR had already taken in $24 million.

$XRPR traded $37.7m on Day One, which edges out $IVES for the biggest day one (natural) $ volume of any 2025 launch. $DOJE is no slouch at $17m, which would be Top 5 for year.. out of 710 launches. Good sign for the onslaught of 33 Act ETFs coming soon.. pic.twitter.com/JaQP9ekFIq

— Eric Balchunas (@EricBalchunas) September 18, 2025

“That is way more than I would have thought,” Balchunas said, noting it was five times higher than the debut volume of XRP futures ETFs.

Dogecoin ETF beats forecasts

The REX-Osprey DOGE ETF (DOJE) also surprised, finishing the session with $17 million in trades.

Balchunas had initially expected only $2.5 million in volume, a level he said would have been “respectable but nothing too special.”

Instead, DOJE’s performance put it among the top five ETF debuts of more than 700 launches this year.

Regulatory structure and outlook

Both funds were launched under the Investment Company Act of 1940, rather than the Securities Act of 1933, used by last year’s Bitcoin and Ether ETFs.

The “40 Act” framework allows for faster approval — 75 days compared to 240 — but imposes restrictions on holdings.

XRPR and DOJE do not directly own crypto.

Instead, they invest in a Cayman Islands subsidiary that holds digital assets, along with stakes in European and Canadian exchange-traded products that track the coins’ prices.

The strong start comes as issuers await approval for dozens of other crypto ETFs, including altcoin-focused products and funds tied to staking.

The Securities and Exchange Commission this week approved new ETF listing standards that could accelerate the pipeline.

The post Dogecoin and XRP ETFs draw massive volume on first day of trading appeared first on CoinJournal.

Dogecoin and XRP ETFs draw massive volume on first day of trading

Source: https://coinjournal.net/news/dogecoin-and-xrp-etfs-draw-massive-volume-on-first-day-of-trading/

The crypto market put on an energetic display this Friday, shaking off recent bouts of uncertainty with a strong overnight rally powered by fresh optimism.

Major tokens, led by Bitcoin surged after the US Federal Reserve delivered a long-awaited rate cut, sparking renewed risk appetite among traders.

The mood was lively as Bitcoin reclaimed key levels and Ethereum, Solana, XRP, and Dogecoin each posted dynamic price swings.

This rebound arrives amid swirling sentiment, as traders balance bullish momentum against lingering macroeconomic headwinds.

Blue-chip movers: BTC, ETH, SOL, XRP, DOGE

At the top of the board, Bitcoin (BTC) hovered above $117,000 in Friday trading, enjoying a lift after the Fed’s quarter-point rate cut put risk assets back in focus.

Bitcoin’s performance set the tone, showing about a 1% daily gain and signaling renewed comfort for bulls who had watched levels slip to near $115,000 earlier in the week.

Ethereum followed suit, trading at roughly $4,600 and holding above psychological support as technical analysts flagged signs of short-term resistance, but mostly positive undercurrents.

Solana (SOL) charged ahead to around $247, buoyed by talk of a potential breakout if its historic $250 resistance falls as traders are watching that level closely for momentum.

Meanwhile, XRP remained pressed just above $3.10; analysts noted a robust daily RSI and possible breakout if it clears this threshold, eyeing targets above $3.20 if upside volume persists.

Dogecoin (DOGE) slipped slightly, last seen around $0.28 after an initial morning pop; the meme coin is consolidating with active speculation about another upswing if key technical support holds.

Altogether, the major cryptos painted an optimistic but cautious technical picture as the day unfolded.

Markets brace for September’s endgame

Beyond the price action, several big stories have traders sitting up straight.

The Fed’s long-discussed interest rate cut was far and away the top catalyst, delivering a tailwind to the entire risk-asset space and providing a confidence boost at a time when global markets are searching for stability.

Industry insiders also watched closely as September’s scheduled token unlocks, totalling over $4.5B began to cast their shadow mid-month, stoking some sector-specific volatility and shifting flows among altcoins.

Regulatory winds were swirling as the SEC and CFTC neared new clarity on digital assets, sparking hope among institutions for more definitive rules of the road, adding another undercurrent of optimism for long-term industry maturation.

This blend of macro and sector developments means the stage is set for potentially explosive moves as Q4 approaches.

The upshot for traders and industry-watchers is clear: September’s endgame is shaping up as a moment of high drama.

With macro drivers, critical token dynamics, and regulatory headlines all hitting at once, the coming days could offer firm direction, whether that brings further upside or a new round of volatility remains the question hanging in the air.

The post Markets brace for September’s endgame as Bitcoin leads post-Fed crypto Rally appeared first on CoinJournal.

Markets brace for September’s endgame as Bitcoin leads post-Fed crypto Rally

Source: https://coinjournal.net/news/markets-brace-for-septembers-endgame-as-bitcoin-leads-post-fed-crypto-rally/

The post Bitcoin calm, altcoins surge: Fed cut ushers in new chapter for crypto markets appeared first on CoinJournal.

Bitcoin calm, altcoins surge: Fed cut ushers in new chapter for crypto markets

Source: https://coinjournal.net/news/bitcoin-calm-altcoins-surge-fed-cut-ushers-in-new-chapter-for-crypto-markets/

Crypto markets woke up on Wednesday with a spring in their step, charging higher as investors braced for a major central bank event.

Bitcoin set the pace, rallying over 4% to clear the $116,000 mark, fueled in large part by growing bets that the US Federal Reserve is finally ready to deliver an interest rate cut on Wednesday.

As rate-cut speculation took center stage, Bitcoin’s market cap soared to well over $2 trillion, cementing the number-one crypto’s dominance after weeks of volatile swings.

Markets eye Fed-driven breakout

Ethereum, the world’s top smart-contract platform, held strong above the $4,500 threshold. Investors have been piling into ETH on prospects for a supply squeeze, as well as ongoing accumulation by institutional players positioning ahead of the Fed’s meeting.

Traders argued that a successful breakout above the stubborn $4,800 technical resistance could spark a new phase of risk-on flows across crypto, especially if macro conditions cooperate in the coming weeks.

Solana added even more energy to the rally, gliding near $240, as a string of protocol upgrades and surging developer momentum fueled optimism about the network’s long-term prospects.

Major exchanges reported large spot inflows, and Solana’s rapid-fire transaction speeds kept it in the conversation as a serious contender among the leading altcoins.

Meme-friendly Dogecoin, ever the wild card, hovered around $0.27, down slightly on the day, but still up more than 100% from a year ago.

Increased social activity and new integrations have helped Dogecoin keep its playful reputation, as trade volumes remain lively whenever the broader market shifts.

Meanwhile, XRP is holding just under $3, stuck in a tight range as markets anxiously anticipate the launch of the first US spot XRP ETF on September 18.

Speculation around the ETF’s potential inflows and its possible effect on price has helped XRP stay in focus despite the broader sector’s roller-coaster action.

Technical watchers say a rally through $3.18 could unleash a new round of bullish momentum for Ripple’s token.

Crypto industry poised for Q4 shakeup

It isn’t just price charts and volatility levels dictating sentiment this week: all eyes remain locked on Washington as the US Federal Reserve kicks off its most consequential policy meeting in recent memory.

With inflation trending lower and unemployment ticking up, markets broadly expect Fed Chair Jerome Powell to announce a 25 basis point rate cut, the first since 2020.

For crypto, where high-growth bets are directly tied to easier money, the Fed’s pivot could drive a decisive shift in market psychology.

“Fed easing typically gives permission for the crypto rally to keep going,” said one strategist.

Many in the industry expect fresh liquidity to spark increased inflows, particularly into blue-chip tokens like Bitcoin and Ethereum, and may even encourage more institutional adoption as risk appetite returns.

Away from the Fed drama, September is seeing a tidal wave of token unlocks, as over $4.5 billion in coins come into circulation across high-profile projects like Sui, Aptos, Ethena, and Arbitrum.

While some worry about the impact of new supply, others view it as a crucial stress test for market depth and investor demand.

Finally, excitement around the pending debut of the first US-based spot XRP ETF may mark a turning point for altcoins.

If the ETF attracts robust inflows, along the lines of Bitcoin and Ethereum ETFs launched earlier this year, it could shift the narrative and trigger sustained price rallies in the sector.

The post Bitcoin leads rally amid Fed rate cut hopes, major ETFs boost crypto outlook appeared first on CoinJournal.

Bitcoin leads rally amid Fed rate cut hopes, major ETFs boost crypto outlook

Source: https://coinjournal.net/news/bitcoin-leads-rally-amid-fed-rate-cut-hopes-major-etfs-boost-crypto-outlook/

Dogecoin (DOGE) has experienced a slight decline in the past 24 hours, dropping to lows of $0.22 amid a technical pattern breakdown.

The top memecoin’s price movement mirrors the broader cryptocurrency market’s price action in the past few days.

Bitcoin dipping to below $117k and Ethereum paring gains from near its all-time high buoyed bears.

While profit taking is driving current downside pressure, analysts are bullish on Dogecoin amid whale accumulation, spot ETF anticipation and long-term crypto trajectory.

Dogecoin price dips amid profit-taking

The latest decline in Dogecoin’s price has seen it breach a critical support level, driven by profit-taking and overall investor uncertainty.

DOGE reached highs of $0.24 as bulls attempted a breakout after an uptick from lows of $0.21 in the past week.

But as investors, wary of macroeconomic uncertainties, took profits, the top memecoin’s price dropped from above $0.24.

The move aligns with a rising wedge breakdown, which has accelerated the downturn to the support level around $0.22.

Bulls could face more pressure towards the psychological $0.20 area.

Despite the bearish price action, on-chain data reveals large investors are buying the dip.

Whale wallets, which have historically scooped DOGE amid price dips, have added to their portfolios.

Aggressive buying by whales has seen such wallets approach 100 billion DOGE in the past few weeks, the trend picking up momentum in the latest dip.

This is an outlook that could help DOGE price higher.

However, the memecoin is likely to hit the rocks if the Dogecoin network suffers a setback from a potential 51% attack, which could undermine network integrity if executed.

DOGE price prediction

The technical outlook for Dogecoin remains largely bullish, despite its notable dip in the past 24 hours.

However, losses have compounded to more than 12% in the past month, and the breakdown below $0.23, a critical threshold, has opened the door to further downside risks.

DOGE has, on multiple occasions, failed to convincingly break above the $0.24 mark.

With this supply wall helping to repeatedly cap Dogecoin’s upward potential, bears have tried to take advantage.

The breakdown of the rising wedge means the next target could be $0.20 or below.

Broader market conditions deteriorating will embolden bears.

Conversely, bullish signs that could help bulls include the recently formed golden cross and whale activity.

The technical indicators on the daily chart also show that DOGE is above the middle line of the Bollinger Bands, and the MACD is also holding onto the bullish picture.

Daily RSI is suggesting extended pressure, though.

If buyers reclaim the $0.23 level, a retest of $0.40 and $0.65 is possible. Analysts say a breakout to $1 in 2025 is still possible.

The post Dogecoin price falls to $0.22 after pattern breakdown appeared first on CoinJournal.

Dogecoin price falls to $0.22 after pattern breakdown

Source: https://coinjournal.net/news/dogecoin-price-falls-to-0-22-after-pattern-breakdown/

Dogecoin has shed 15% of its value after reaching a six-month high earlier this month, as a wave of profit-taking among short-term holders triggered a reversal in the memecoin’s recent rally.

The downturn reflects a broader pattern of sell-offs across the cryptocurrency market, where traders are taking gains off the table amid uncertain macroeconomic signals and resistance at key price levels.

At the time of writing, Dogecoin is trading at $0.234, down from recent highs and sitting below the key resistance level of $0.245.

The pullback marks a significant change in sentiment after a period of renewed optimism.

Investor behaviour signals short-term weakness

The realised profit/loss ratio for Dogecoin surged this week, reaching its highest level in six months. This metric tracks the profit or loss recorded by investors at the time of selling.

A sharp rise in this indicator suggests a large number of holders are exiting positions in profit, indicating that confidence in further gains is weakening.

This wave of profit-taking has mostly come from short-term investors, who contributed heavily to DOGE’s recent price correction.

The decision to lock in gains at current levels has put downward pressure on the coin’s price action, suggesting a reluctance to hold through potential near-term volatility.

Market participants are closely watching the $0.220 support level.

If DOGE drops below this zone, it could fall further to around $0.198—a key area last seen in earlier trading cycles.

Long-term holders remain steady amid volatility

Despite the short-term selling, Dogecoin’s long-term outlook may not be entirely compromised.

One key indicator, Liveliness—which measures the activity of long-term holders (LTHs)—continues to decline.

This trend suggests that LTHs are not moving their DOGE, implying they are not joining the sell-off.

This reluctance to liquidate positions has previously served as a stabilising force for Dogecoin during periods of intense market activity.

The declining Liveliness could act as a cushion, slowing the pace of the current correction and potentially preventing a full breakdown in price.

Market analysts often view the behaviour of LTHs as a bellwether for a coin’s resilience.

Their current stance suggests that Dogecoin may still have underlying strength, provided the support levels hold and broader sentiment doesn’t worsen further.

Critical resistance could define next move

Dogecoin’s short-term trajectory will likely hinge on whether it can reclaim the $0.245 resistance level.

A breakout above this threshold could invalidate the current bearish setup and open the door to a recovery towards $0.268.

On the other hand, continued profit-taking without fresh buying momentum could see DOGE extend its losses.

If the $0.220 support gives way, the market could quickly test lower support at $0.198.

As it stands, Dogecoin’s future price action will depend on whether long-term holders can provide enough support to offset the current selling pressure from short-term investors.

The post DOGE slips to $0.234 after 6-month high appeared first on CoinJournal.

DOGE slips to $0.234 after 6-month high

Source: https://coinjournal.net/news/doge-slips-to-0-234-after-6-month-high/