律动BlockBeats
律动BlockBeats|Sep 29, 2025 11:49
[Crypto Market's Poor Performance in September, Institutions Generally Bullish on Q4 Outlook] BlockBeats News, September 29: According to BiyaPay analysts, the crypto market entered a seasonal downturn in September. Despite a slight uptick in Bitcoin, the market saw $162 billion in valuation evaporate during the past week's weak performance. On September 26, Bitcoin fell below the critical $110,000 support level, while Ethereum dropped below $3,900, hitting a seven-week low. This decline offset the gains made in the first two weeks of September. Although September's market was under pressure, institutions remain cautiously optimistic about the fourth quarter. Coinbase Research predicts that the crypto market will continue to strengthen at the start of Q4, driven by robust liquidity, favorable macroeconomic conditions, and supportive regulatory developments, with Bitcoin expected to perform particularly well. Grayscale's latest research report indicates that Q4 returns in the crypto sector may be driven by three major themes: U.S. Senate advancing crypto legislation, SEC approval of standardized listing rules for commodity-based ETPs, and potential Federal Reserve interest rate cuts benefiting risk assets. BiyaPay now supports "zero-fee trading" for spot and contract transactions, while also enabling users to trade U.S. stocks, Hong Kong stocks, and futures directly using USDT without currency conversion, offering more flexible fund management. Users can quickly switch between different asset markets via BiyaPay to seize global investment opportunities.
+6
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads