Sep 16, 2025
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Gold Surpasses $3,700 as Hyperliquid, Binance Coin Lead Crypto Gains
Gold prices surged past $3,700 per ounce on September 16, driven by investor shifts towards safe-haven assets ahead of the Federal Reserve's policy decision. This move affected cryptocurrency markets:
- Bitcoin's price remained below $115,000.
- Ethereum fell by 0.81% and Tron by 0.3%.
- Altcoins like XRP, Solana, Dogecoin, and Cardano saw moderate gains.
Notable gainers included:
- BNB Coin, up 2% to $935 with a market cap of $128 billion.
- Hyperliquid (HYPE), rising 1.8% to $53, achieving a $17.9 billion market cap.
Hyperliquid Price Analysis:
- HYPE is consolidating near $53 after reaching $55, staying above the $50 psychological mark.
- Bollinger Bands indicate support at $49.27 and resistance at $58.56.
- If bulls maintain the $52–$50 range, a retest of $58.56 could occur, potentially leading to a breakout toward $62.
Increased speculative trading around the Fed rate decision may push HYPE towards $60.
Best Wallet Presale:
- Presale raised over $15.8 million as investors diversify into new projects.
- Best Wallet offers a secure multi-chain solution, appealing amidst current market dynamics.
