Core Viewpoint - The cryptocurrency market is experiencing a significant rise, with Bitcoin surpassing $116,000 and Ethereum increasing by over 4% [2][5][12]. Market Performance - On September 13, Bitcoin reached a price of $115,796, reflecting a 0.54% increase [7]. - Ethereum's price rose to $4,718.22, marking a 4.34% increase [9]. - Other cryptocurrencies such as Solana, Dogecoin, and Cardano also saw price increases [8][9]. Liquidation Events - Over the past 24 hours, more than 150,000 traders were liquidated, with a total liquidation amount of $389 million [3][10]. - Among the liquidations, long positions accounted for approximately $81.99 million, while short positions totaled around $310 million [10]. Influencing Factors - The rise in the cryptocurrency market is attributed to two main factors: 1. Increased expectations for interest rate cuts by the Federal Reserve, following the release of consumer price index data showing a 2.9% year-on-year increase in August [12]. 2. Significant inflows into Bitcoin and Ethereum ETFs, with over $1 billion in new investments, including $642 million for Bitcoin and $406 million for Ethereum [12]. Market Sentiment - Despite the positive inflows into ETFs, experts caution that this does not guarantee sustained growth or price increases for Bitcoin or Ethereum, as the market remains influenced by macroeconomic conditions, regulatory changes, and technological developments [13].