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Aster Trading Volume Hits $64 Billion, Outpacing HyperLiquid’s $7.6 Billion
Market Overview
- Bitcoin rose by 5%, reaching $114,000 but settled around $112,800. Gold outperforms with 50% YTD returns at a high of $3,870. The dollar index falls below 98, favoring risk assets.
- A U.S. government shutdown looms, possibly impacting crypto policy decisions.
- AI and high-performance computing equities strengthen; Robinhood shares rose 12% after joining the S&P 500.
- The CoinDesk 20 Index shows minimal September changes, with Ether down over 5% and Bitcoin up 4.5% for the month.
Events to Watch
- Sept. 30: FTX begins a $1.6 billion creditor payout.
- Sept. 30: Starknet starts BTC staking on mainnet.
- U.S. economic reports and federal appropriations bill deadline on Sept. 30.
Token Activities
- GnosisDAO voting on a proposal to create a $40,000 pilot fund, ending Oct. 1.
- Sept. 30: Optimism unlocking 1.74% of supply ($20.46 million).
- ZkVerify to be listed on Binance and other exchanges.
Derivatives Market
- BTC futures open interest increased to $31 billion from $29 billion.
- Funding rates on major exchanges indicate growing confidence in long positions.
- 24-hour liquidations reached $316 million, with ETH and BTC leading.
Crypto Equities Performance
- Coinbase Global closed at $333.99 (+6.85%).
- MARA Holdings rose 15.69% to $18.66.
- CleanSpark increased 14.74% to $14.87.
ETF Flows
- Spot BTC ETFs: Daily net flows at $518 million, total holdings ~1.31 million BTC.
- Spot ETH ETFs: Daily net flows at $546.9 million, total holdings ~6.46 million ETH.
Other Highlights
- SEC Commissioner Hester Peirce discusses tokenization complexities.
- Visa pilots pre-funded stablecoins for cross-border payments.
- Deutsche Börse and Circle integrate stablecoins into European infrastructure.