Crypto Markets See Modest Gains Amid Fed Rate Cut Uncertainty

Sentiment in the crypto markets continues to be lackluster as uncertainty looms over the scale and timing of additional rate cuts from the Federal Reserve. Comments from certain Fed officials emphasizing a greater focus on inflation rather than the labor market have sparked speculation. The remarks kept the markets’ attention on monetary policy as they awaited the address from Fed Chair Jerome Powell on Tuesday afternoon. Anticipated updates to GDP and PCE-based inflation readings later this week have also contributed to a decline in sentiment. In the last 24 hours, the overall crypto market capitalization saw a rise of 0.7 percent, reaching $3.91 trillion. In the latest developments, gold futures for December settlement have surged, reaching a remarkable all-time high of $3,824.55 per troy ounce.

Bitcoin is presently valued at $113,097.02, reflecting an overnight increase of 0.51 percent. In the last 24 hours, BTC fluctuated between $113,507.91 and $111,591.45, trading approximately 9 percent lower than its all-time high of $124,457.12 reached on August 14. Ethereum experienced a 0.53 percent increase overnight, bringing its trading price to $4,202.30, around 15 percent lower than its all-time high, with a 24-hour range between $4,227.73 and $4,120.82. XRP, currently ranked 4th, saw a 1.4 percent increase to $2.85, approximately 26 percent below its all-time high, while 5th ranked BNB declined 2.3 percent to $1,003.48. Solana decreased 0.63 percent to $219.30, Dogecoin increased 1.1 percent to $0.2409, TRON rose 1.9 percent to $0.3417, and Cardano increased 0.54 percent to $0.8238. Among the top 100 cryptocurrencies, OG led gains with over an 18 percent increase, Avalanche surged 14.2 percent, and ether.fi rose 11.4 percent. MemeCore recovered from losses despite a decline of over 9 percent, while World Liberty Financial, Pi, and Immutable experienced declines exceeding 4 percent.

September 20, net inflows reached $1.9 billion, down from $3.3 billion the previous week, reflecting a favorable reaction to the Federal Reserve’s “hawkish cut.” Year-to-date inflows surged to $40.4 billion, up from $38.5 billion the prior week, while assets under management increased to $241.1 billion from $239.1 billion. Bitcoin led asset flows with $977 million, Ethereum followed with $772 million, Solana-based products saw $127 million, and XRP-based products had $69 million. Out of the total AUM, Bitcoin products account for $183.6 billion, Ethereum-based products $40.3 billion, multi-asset portfolios $7.9 billion, Solana $4.3 billion, and XRP $3.0 billion. Provider-wise, iShares ETF recorded inflows of $1.4 billion, Grayscale Investments had outflows of $60 million, ProShares ETF saw inflows of $39 million, and Fidelity Wise Origin Bitcoin Fund experienced inflows of $35 million.

iShares ETF leads with a cumulative AUM of $107.8 billion, while Grayscale Investments maintains $36.2 billion despite outflows surpassing $1.7 billion in 2025. Fidelity Wise Origin Bitcoin Fund holds $23.9 billion. By geography, the United States led with inflows of $1.8 billion, Germany saw $52 million, and Switzerland reported net outflows of $47 million. Of the total AUM of $241.1 billion, $167 billion is located in the United States, Switzerland holds $8.0 billion, Germany $7.6 billion, and Canada $7.3 billion.