by Coinstrooper Crypto Articles
Quick Take
  • The crypto market is mostly flat today, with the global market cap slipping slightly by 0.1% to $3.99 trillion.
  • 24-hour trading volume remains steady at $163.7 billion.
  • Most top cryptocurrencies are showing mild 24-hour moves, with several still in the red over the past week.
  • 8 of the top 10 cryptos are down over the week; BTC trades at $113K, ETH at $4,180;

What Happened

Key Takeaways:

8 of the top 10 cryptos are down over the week; BTC trades at $113K, ETH at $4,180;

River says companies now hold more BTC than ETFs, helping offset whale sell-offs;

Market Context

The crypto market is mostly flat today, with the global market cap slipping slightly by 0.1% to $3.99 trillion. 24-hour trading volume remains steady at $163.7 billion. Most top cryptocurrencies are showing mild 24-hour moves, with several still in the red over the past week.

CFTC pushes tokenized stablecoin collateral into derivatives markets, calling it a “killer app”;

At the time of writing, 8 of the top 10 cryptocurrencies by market cap are in negative territory over the past 7 days.

Bitcoin (BTC) is trading at $112,975, showing no 24-hour change, but down 2.8% on the week.

Dogecoin (DOGE) leads the 7-day losses, down 8.5%, now trading at $0.2429.

A handful of altcoins are making waves today despite a largely stagnant market. Among the most trending tokens, Aster is up 24.8%, followed closely by SafePal with a 24.3% gain. Gaming-focused Undeads Games also saw a notable uptick of 5.8%, reflecting renewed interest in niche Web3 sectors.

In the top gainers category, Quanto and Slash Vision Labs both surged 52.4%, leading the pack with impressive one-day rallies. Fluid wasn’t far behind, jumping 47.8% in 24 hours. These sharp moves highlight ongoing volatility in the altcoin space, even as major assets remain range-bound.

Meanwhile, crypto firm River says companies now hold more Bitcoin than ETFs, with both continuing to accumulate. This corporate and ETF buying is helping offset whale sell-offs, creating a structural floor for BTC prices.

The CFTC’s move to allow tokenized assets, like stablecoins and tokenized treasuries, as collateral in derivatives markets is being seen as a breakthrough for digital finance, according to RedStone Co-Founder Marcin Kazmierczak.

Why It Matters

Fear & Greed Index drops to 39, signaling rising caution;

CFTC’s Tokenized Collateral Push Could Redefine DeFi Infrastructure

Details

US BTC spot ETFs lost $103.61M on Sep 23, led by a $75.56M outflow from Fidelity’s FBTC;

US ETH spot ETFs saw $140.75M in outflows, with FETH shedding $63.40M;

Altcoin gainers include Quanto (+52.4%), Slash Vision Labs (+52.4%), Aster (+24.8%).

Crypto Winners & Losers

Ethereum (ETH) sits at $4,177.52, down 0.3% in 24h and 7% over 7 days.

Solana (SOL) continues to slide, dropping 2.9% to $212.74 today and 9.2% on the week.

Lido Staked Ether (STETH) and Wrapped Beacon ETH also show weekly drops of 7% each.

The only major coins in green over the week are:

BNB (BNB), up 6.6% over 7 days despite a slight dip today.

XRP (XRP), up 4.2% on the week and 0.8% in the last 24 hours.