Ethereum

TradingKey - On September 21, Bitcoin (BTC) extended its strong rebound from the latter half of last week, breaking above the $84,000 mark intraday to hit a recent high; Ethereum (ETH) strengthened in tandem, reclaiming $2,700 intraday and reaching a high of $2,713. The consecutive rebounds in the two major cryptocurrencies drove a clear recovery in digital asset market sentiment.

Ethereum staged a strong rally, hitting $2,700 after six consecutive days of gains, and is poised to challenge the $3,000 round-number level by the end of the month.

Avalanche surged 30% intraday, decisively breaching the $10 mark to hit its highest level since January this year.

The CLARITY Act failed to pass a Senate procedural vote due to traditional banks' opposition to stablecoin yields and Democrats questioning ethics oversight loopholes for senior officials. Given partisan gridlock and the upcoming midterm elections, the bill is unlikely to achieve a breakthrough this year and will most likely be delayed until 2027. In the interim, regulation will be enforced by the SEC and CFTC under existing laws. While this move could drive compliant capital offshore, the overall impact on the market remains limited.

NEAR surged 24% to touch $3.3, setting a new high in nearly a year.

With macro headwinds fully priced in, the Federal Reserve's decision spurred a broad rally in the crypto market, sending Bitcoin back to a high of $76,000.

XRP is the native token of the XRPL blockchain, specializing in efficient cross-border payments. If the CLARITY Act passes, it will formally establish XRP's status as a digital commodity under CFTC regulation, eliminating institutional compliance barriers and unlocking massive institutional capital. Conversely, if the bill is delayed or fails to pass, XRP will remain dependent on protection from judicial precedents, which could delay institutional adoption and exert downside pressure toward the $1 mark.

The U.S. August PPI surged dramatically, reigniting expectations of consecutive rate hikes by the Federal Reserve, triggering a bloodbath in the crypto market as BTC plunged below $77,000.

Find out what Ethereum’s fee revenue and staking yields mean for its 2030 valuation. We use numbers to see which price Ethereum will trade at by 2030.

Over 140,000 traders were liquidated in the crypto market as BTC fell for a fourth consecutive session to defend the $78,000 mark, while altcoins crashed.