Why Is Crypto Up Today? – September 18, 2025

Market Overview - The cryptocurrency market capitalization increased by 1.6% to $4.19 trillion, with a 24-hour trading volume of $211.5 billion, indicating strong investor activity [1]. Cryptocurrency Performance - Among the top 10 cryptocurrencies, eight experienced gains, while Ethereum and Dogecoin saw slight losses. Bitcoin rose by 0.6% to $117,147, with a market cap exceeding $2.33 trillion [3][8]. - Ethereum decreased by 0.2% to $4,578, marking a minor dip after recent gains [3][8]. - XRP increased by 3.3% to $3.11, continuing its upward trend [3]. - BNB showed strong performance, up 4.2% to $993.35 [4]. - Solana gained 4.9%, now priced at $245.80, with a 9.4% rise over the past week [4]. - Dogecoin fell by 0.7% to $0.279, the largest daily drop among the top 10 coins [4]. Notable Trends - Aster surged by 284.1% to $0.6302, while APX led the gainers with a 363.4% increase. Lagrange also climbed by 57% [4]. - Market participants are focusing on the $118,000 resistance zone for Bitcoin, with hopes of reaching new all-time highs if momentum continues [6]. Federal Reserve Impact - Following the US Federal Reserve's 0.25% rate cut, Bitcoin briefly dipped below $115,000 before rebounding, resulting in over $100 million in liquidations across positions [5]. - The crypto market remained stable post-Fed cut, with Bitcoin trading near $117,000 and Ethereum in the mid-$4,500s [7]. - The Fear & Greed Index remains steady at 51, indicating a neutral sentiment [8]. ETF Activity - Bitcoin ETFs experienced $51.28 million in outflows, while IBIT added $149.73 million. Ethereum ETFs saw $1.89 million in outflows, with BlackRock's ETHA gaining $25.86 million [8].