Crypto News Summary for September 28, 2025
On September 28, 2025, the crypto market concluded the overall decline of September (so-called "Red September"), stabilizing with a total market capitalization of about $3.8 trillion, although it still showed signs of instability. Bitcoin (BTC) traded around $109,000 to $110,000, while Ethereum (ETH) fell below $4,000, showing weakness, but it has slightly rebounded this morning (29th). Key news included market decline analysis, price predictions, ETF trends, national adoption, and regulatory issues.
1. Market Trends and Analysis
- The crypto market in September experienced a "bloodbath" with a capital outflow of $35.1 billion, and discussions are ongoing about the possibility of a rebound in Q4. BTC traded at $109,455, recording a 24-hour increase of 0.34%.
- The global market cap ranged from $3.77 to $3.92 trillion, with BTC dominance maintained at 57.9%. The Fear & Greed index stood at 34 (fear), with $160 million worth of long positions liquidated, exacerbating market anxiety.
- Top gainers: KAITO (+27.9%), Maker (+14.9%), ZEC (+8%).
- Top losers: ASTER (-8%), DEXE (-1%).
2. Price Predictions and Outlook
- Coinbase CEO Brian Armstrong mentioned the possibility of BTC reaching $1 million.
- XRP: Potential to rise above $10, with some experts claiming it could reach $10,000.
- DOGE: Positive outlook due to expectations of ETF launches.
- Cardano: Struggling at $0.80.
- Peter Schiff: Warning of a BTC bear market.
- Scaramucci: Potential for BTC to rise to $500,000.
- Apple co-founder Wozniak: Predicts BTC will surpass gold.
3. ETF and Institutional Trends
- ETH ETF: $800 million outflow, the worst week since launch.
- BTC ETF: $110 million inflow, recording AUM of $201.2 billion.
- XRP ETF: Approval expected in October, with potential inflow of $5 to $8 billion.
- Dogecoin ETF: Optimism spreading.
- BlackRock: Launching "BTC Yield" ETF.
- Vanguard: Preparing to add crypto ETF platform.
4. Adoption and Regulatory News
- National-level BTC adoption is gaining momentum, raising concerns about global financial turmoil.
- U.S. government shutdown: Potential negative impact on altcoins (especially XRP), while BTC is expected to show resilience.
- SEC Chair: Statements supporting innovation, outlook for strengthened regulatory framework.
- Expansion of stablecoins: Economic risk warnings, Tether announces AI strategy, SWIFT conducts tests on Ethereum L2 (Linea).
- Bank of England: Starting a pilot for tokenized pound deposits.
- EU: Crypto regulations come into effect.
- Hong Kong: Accelerating policies related to stablecoins.
5. Other Noteworthy News
- Integration of AI and blockchain: Tencent's HuanYuan Image 3.0 open-source release, discussions on AI's potential to hack BTC using quantum computing.
- Hacking and Security: $773,000 loss occurred in HyperDrive DeFi. Aster compensates traders for XPL perp glitch.
- Project Updates: AlphaTON purchases $30 million in TON, Trump-backed World Liberty plans WLFI token buyback.
- Crypto-related stocks: Galaxy Digital, Bitfarms, HIVE Digital are gaining attention.
๐ Overall, as the decline of September comes to an end, expectations for "Uptober" are growing, but macro uncertainties and regulatory risks remain.
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