Crypto News

What the BTC/USD chart is showing after the big Clarity failure newsBitcoin briefly broke below the ~$76,500 shelf that had held since the September consolidation began, printing an intraday low of $74,888 after news broke that the Clarity bill failed to pass. The break has not held. Price has already recovered to around $76,090, essentially flat against Wednesday's $76,174 close.That round trip is the more important detail, not the breakdown itself. A headline that might have been expected to trigger heavier selling instead produced a quick flush lower followed by a snapback into the prior range, consistent with the market having largely priced in the bill's failure ahead of time rather than treating it as new information.Zooming out, the broader structure is still range bound. The $82,000-$82,800 zone has rejected price twice now, in May and again in early September, capping the upside so far. The current pullback is testing the lower edge of the range that formed after the early-September rally off the June-July lows.What to watch nextToday's daily candle is still developing, so its final shape can still change. A close back above $76,500 would support a failed-breakdown reading and keep the range intact. Continued acceptance below that level on a closing basis, rather than an intraday wick, would be needed to make the breakdown case more credible.Educational takeawayA level that breaks intraday and gets reclaimed by the close tells a very different story than one that stays broken. A wick shows a level was tested, not that it was rejected by the market as a whole; that requires seeing where price actually settles.Technical levels and indicators provide reference points, not guarantees. Market conditions can change quickly, particularly during periods of high volatility. Trade or invest at your own risk and use risk controls appropriate to your circumstances. This article was written by Eamonn Sheridan at investinglive.com.

Bitcoin's reaction (I'll be back with more on this soon ... ADDED: Clarity failure: What the BTC/USD chart is showing, and what to watch next ) reflected weeks of pricing in a likely defeat, with the token already lower through the Asian and European sessions before cloture was confirmed to have failed. The result removes, for now, the prospect of a unified federal framework for digital asset classification, and traders are treating it as confirmation that crypto oversight will keep running through SEC and CFTC rulemaking rather than statute. Coinbase and other listed crypto-exposed names extended losses alongside bitcoin, while XRP, whose commodity status the bill would have codified, gave back part of its earlier gains. The relatively contained scale of the move suggests much of the downside had already been priced in, given how far prediction markets had already cut the odds of passage.---Earlier:investingLive European news wrap: Crypto markets sink ahead of Clarity Act vote---The Senate's failure to advance the Clarity Act leaves crypto regulation to the SEC and CFTC, at least for this Congress.Summary:Senate cloture vote on the Digital Asset Market Clarity Act failed on Tuesday, short of the 60 votes needed to advance the billThe bill would have split crypto oversight between the SEC and CFTC and set federal rules for classifying tokens as securities or commoditiesDemocrats withheld support largely over ethics provisions seen as too weak to restrain the president's crypto business interests, and over stablecoin yield language opposed by banksBitcoin extended a multi-day slide, falling back toward the high $76,000s after topping near $79,500 overnightSponsor Senator Cynthia Lummis indicated negotiations were unlikely to continue after the defeatWith a more divided Congress expected after the midterms, comprehensive crypto market structure legislation is unlikely to advance again this yearThe US Senate failed on Tuesday to advance the Digital Asset Market Clarity Act, falling short of the 60 votes needed on a procedural cloture motion and dealing the biggest setback yet to Congress's attempt at a comprehensive crypto market structure law. More than 40 senators voted against the motion, according to the unofficial floor tally, ending, for now, the bill's path toward a floor debate and final vote.The legislation would have drawn a permanent line between the Securities and Exchange Commission and the Commodity Futures Trading Commission, assigning oversight of digital assets according to whether a token is classified as a security, a commodity, or a stablecoin. It would also have written into federal law the commodity status of tokens such as XRP, a status currently shaped mainly by agency guidance and court decisions rather than statute. The House passed its own version of the bill in July last year by a wide bipartisan margin, and the measure cleared the Senate Banking Committee in May with support from a small number of Democrats.Tuesday's failure came down to arithmetic Republicans could not overcome without further crossover support. With 53 seats, the party needed at least seven Democratic votes, and Democrats had spent recent weeks pushing back on two parts of the bill in particular: ethics provisions they viewed as insufficient to restrain the president's crypto related business interests, and a stablecoin rewards provision opposed by banking groups on the grounds it could pull deposits out of the traditional banking system. Senator Cynthia Lummis, one of the bill's lead Republican sponsors, indicated after the vote that she saw little prospect of reviving negotiations this term, having offered Democrats more than a hundred requested changes to the text over the past year.Bitcoin had already been retreating through the Asian and European sessions as traders priced in the likelihood of defeat, slipping from an overnight high near $79,500 to the high $76,000s. The scale of the move was relatively contained given how widely the outcome had been anticipated, with prediction markets having cut the odds of the bill becoming law this year to well under 20 percent in the days before the vote.The defeat leaves federal crypto oversight to continue running through SEC and CFTC rulemaking and enforcement action rather than a single statute, an outcome industry groups have long argued creates uncertainty for exchanges, issuers and custodians. With control of Congress expected to be more divided after the November midterms, most observers now see little chance of a comprehensive market structure bill returning to the Senate floor before 2027 at the earliest. This article was written by Eamonn Sheridan at investinglive.com.

In my post yesterday on Bitcoin and Ethereum, I outlined how the short-term technical picture for Bitcoin was beginning to tilt more to the upside. The price had moved back above both the 100-hour and 200-hour moving averages, giving buyers more control.However, buyers still needed to prove they could extend that momentum. The next target was near $79,851, but the price never reached that level. Instead, Bitcoin reversed lower—and the technical picture began to unravel.The first warning came when the price moved back below the 200-hour moving average at $77,906. That weakened the bullish bias. The subsequent break below the 100-hour moving average at $77,460 shifted the short-term bias more decisively in favor of the sellers.Bitcoin is now trading near its low for the day at $76,076. That decline briefly pushed the price below the upper boundary of an important swing area between $75,668 and $76,229.A key decision area for buyers and sellersThis swing area has repeatedly attracted buyers. Since August 21, Bitcoin has tested the zone five or six times without sustaining a break below it. Each time, buyers leaned against the support and pushed the price higher.Will they do it again today?That is the key question. Holding above the swing area would give dip buyers another opportunity to slow the decline and potentially start rebuilding the bullish technical picture. However, buyers would still need to reclaim the 100-hour and 200-hour moving averages before gaining meaningful control again.Conversely, a sustained break below $75,668 would signal that the repeated support is finally giving way. That would strengthen the bearish bias and put the 38.2% retracement of the advance from the August 14 low—at $74,755—in play as the next important downside target.A move below that retracement would tilt the technical picture even more firmly in favor of the sellers.The trading lessonTechnical analysis is not about predicting with certainty. It is about identifying levels where buyers or sellers should act—and knowing where the trade idea is wrong.For traders looking to buy the dip, the $75,668–$76,229 swing area is a logical place to lean, with risk defined below the zone. If the support breaks, buyers should respect the failure rather than hope the market turns back around.For traders who sold the breaks below the 200-hour or 100-hour moving averages, the market has moved in their favor. Risk can now be reduced toward the entry level, but sellers still need confirmation through a sustained break of the swing area.In the video above, I explain how yesterday’s developing bullish bias unraveled, why the current support zone is so important, and the levels that will tell traders whether buyers can regain control—or whether Bitcoin is preparing for another move lower.For other digital currency insight from investingLive :Ethereum gets jittery ahead of CLARITY Act vote and Fed decision. What to watch next?Democrats split over Clarity Act as Senate vote nears This article was written by Greg Michalowski at investinglive.com.

FUNDAMENTAL OVERVIEWZcash has been rallying strongly since August after the Grayscale's Zcash ETF (ZCSH) began trading on NYSE Arca, giving investors direct ZEC exposure through traditional brokerage accounts. Historically, ETFs for cryptocurrencies have been bullish catalysts as they attracted more capital inflow. Zcash is also increasingly being positioned as a scarce, Bitcoin-like asset with optional transaction privacy. Its 21 million supply cap and Proof-of-Work model strengthen the comparison with Bitcoin, while its privacy functionality differentiates it from BTC. There was also an improvement in protocol security in July as the NU6.3/Ironwood upgrade replaced the old Orchard shielded pool with a new pool designed to improve supply integrity and security. The combination of a US-listed ETF and improving protocol security has substantially changed ZEC's investment story. It is no longer simply a niche privacy coin, but increasingly an institutional-accessible bet on the privacy segment of crypto.CLARITY ACT VOTELooking ahead, we have the cloture vote on Clarity Act today at 2:15pm ET where 60 votes are needed to support opening debate on the legislation. As a reminder, the legislation seeks to provide the US crypto industry with a more defined regulatory framework. Greater regulatory clarity would be positive for the crypto market. If successful, the legislation could pave the way for stronger institutional participation, deeper market liquidity and additional capital entering the crypto market.A failed vote could close the legislative window for crypto market structure this year, given the November midterms. This outcome would likely be negative for Zcash and could trigger a selloff. But even a successful vote may not be positive. With the FOMC decision coming tomorrow, I’m afraid we could see a “sell the fact" reaction as traders shift their attention from the Clarity Act back to monetary policy and the negative macro picture. ZCASH TECHNICAL ANALYSIS – DAILY TIMEFRAMEOn the daily chart, we can see that Zcash has recently bounced from a major upward trendline. If we get another pullback into the trendline, we can expect the buyers to step in with a defined risk below the trendline to keep targeting new highs. The sellers, on the other hand, will look for a break lower to pile in for a drop into the 752.00 swing low next.  ZCASH TECHNICAL ANALYSIS – 4 HOUR TIMEFRAMEOn the 4 hour chart, we have a resistance zone around the 1,220 level where the price got rejected from a couple of times in the past week. If the price gets there, we can expect the sellers to step in around the resistance with a defined risk above it to target a break below the trendline. The buyers, on the other hand, will want to see the price breaking above the resistance to pile in for a rally into new highs.ZCASH TECHNICAL ANALYSIS – 1 HOUR TIMEFRAMEOn the 1 hour chart, we have a minor support zone around the 1,115 level where we got a few rejections in the past week. We can expect the buyers to step in there with a defined risk below the support to target a rally into the 1,220 resistance. The sellers, on the other hand, will look for a break to extend the pullback into the major trendline. UPCOMING CATALYSTSToday, we have the cloture vote onCLARITY Act. Tomorrow, we have the FOMC rate decision. On Thursday, we get the US Jobless Claims figures. Traders will also keep a close eye on developments in the Middle East. This article was written by Giuseppe Dellamotta at investinglive.com.

FUNDAMENTAL OVERVIEW Ethereum has been remarkably resilient over the past week, considering the increasingly negative macro backdrop for risk assets. The higher than expected US monthly core inflation data has sealed a Fed rate hike on Wednesday, while oil prices above $100 are adding inflationary pressure and reinforcing expectations for tighter monetary policy.Despite these headwinds, Ethereum has managed to hold relatively firm. This suggests that crypto-specific developments might have been providing short-term support to offset the negative macro pressure. The main driver might have been growing optimism for the cloture vote on the CLARITY Act. The legislation seeks to provide the US crypto industry with a more defined regulatory framework, including a clearer division of responsibilities between the SEC and CFTC. It would also introduce regulatory requirements for crypto exchanges, brokers and dealers.Greater regulatory clarity would be positive for the crypto market. Clearer rules would reduce uncertainty for exchanges and traditional financial institutions, while potentially making it easier for asset managers and other financial firms to develop and offer crypto-related products. If successful, the legislation could pave the way for greater institutional participation, deeper market liquidity and additional capital entering the crypto market.The immediate catalyst comes today at 2:15pm ET, when the Clarity Act faces its first major Senate hurdle in the form of a cloture vote. The vote requires 60 senators to support opening debate on the legislation.A failed vote could close the legislative window for crypto market structure this year, given the November midterms. This outcome would likely be negative for Ethereum and could trigger a selloff. But even a successful vote may not be positive. With the FOMC decision coming tomorrow, I think Ethereum could experience a classic "sell the fact" reaction as traders shift their attention from the Clarity Act back to monetary policy and the macro picture. ETHEREUM TECHNICAL ANALYSIS – DAILY TIMEFRAMEOn the daily chart, we can see that Ethereum probed above the 2,560 resistance two times but failed to sustain the breakout. This might be a bearish signal if we also consider the macro backdrop. If the price drops back to the 2,360 support, we can expect the buyers to step in there with a defined risk below the support to keep targeting a rally into the 3,000 level. The sellers, on the other hand, will want to see the price breaking below the support to increase the bearish bets into the major trendline next. ETHEREUM TECHNICAL ANALYSIS – 4 HOUR TIMEFRAMEOn the 4 hour chart, there’s not much we can glean from this timeframe as the choppy price action inside the range doesn’t give clear levels where to lean on except the main support and resistance defining the range. Nonetheless, the swing low around the 2,462 level could act as a minor support. The buyers might step in there with a defined risk below it to keep pushing into new highs, while the sellers will look for a break to increase the bearish bets into the 2,360 support next.ETHEREUM TECHNICAL ANALYSIS – 1 HOUR TIMEFRAMEOn the 1 hour chart, there’s not much we add here but from a risk management perspective, the buyers will have a better risk to reward setup around the 2,360 support, while the sellers will want to see the price breaking below it to extend the drop into new lows.UPCOMING CATALYSTSToday, we have the cloture vote onCLARITY Act. Tomorrow, we have the FOMC rate decision. On Thursday, we get the US Jobless Claims figures. Traders will also keep a close eye on developments in the Middle East. This article was written by Giuseppe Dellamotta at investinglive.com.

We've all seen this script play out before.When Treasury yields rise, investors can earn a decent return by holding something considerably less exciting than Bitcoin. Because that is when liquidity gets tighter, the opportunity cost of owning non-yielding assets goes up, and speculative trades tend to suffer as a result.But is that a too simplistic approach in seeing how the crypto market responds to higher interest rates? Perhaps.While higher rates may be bad for Bitcoin as an individual asset, they can actually be beneficial to parts of the crypto financial system instead.Stablecoins have turned higher rates into a business modelTether is probably the clearest example in this space.USDT is backed heavily by short-term US government securities and other liquid assets. So when Treasury bills are yielding around 4% these days, the reserves sitting behind those stablecoins aren't just sitting there. They're producing income. And we're talking about chump change here. We're talking serious money.In Q2, Tether reported roughly $1.5 billion in net operating profit. That was led by income from US Treasuries and repo, with around $184.6 billion of USDT outstanding at the end of June.And we're also seeing Circle play a similar game with USDC. In Q2, it reported $701 million in revenue and reserve income as USDC circulation reached $73.3 billion.In essence, the same high interest rates that make life uncomfortable for Bitcoin can actually make the economics behind some of crypto's biggest businesses considerably more attractive.And that is before considering where the money itself is going.Crypto investors are bringing Treasury yields on-chainMuch like the concept of tokenised gold, this is the copy-and-paste but just for a Treasury bill or money market fund. In essence, investors can own a token representing exposure to those assets on a blockchain.And this is a space that has grown quite rapidly over the years. In 2023, the tokenised Treasury market is roughly worth $300 million. By the end of 2025, it has grown to just over $9 billion. And by August this year, it has turned into $15 billion.What does this tell us?It is perhaps an indication that higher rates aren't necessarily pushing every dollar out of crypto anymore. Instead, some of that money is simply moving into a different part of crypto.And instead of choosing between "on-chain" and "yield", investors increasingly get to have both in this current and growing landscape.That changes the old crypto liquidity storyOf course, this still doesn't mean that Bitcoin and crypto investors suddenly wants the Fed to raise rates.If yields keep climbing, the dollar strengthens, and financial conditions tighten, I would still expect Bitcoin and other risk-sensitive tokens to feel the heat.That basic macro relationship hasn't disappeared.But essentially what we're talking about here is that the landscape of crypto has changed.Five years ago, a world of higher interest rates mostly meant competition from cash and bonds. Today, stablecoin issuers can earn billions from those yields and tokenised Treasury products can bring those yields directly onto blockchains.And that changes the story of how money flows in this space.Does it mean that higher rates good for crypto prices? Probably not.But are they necessarily bad for the crypto industry? Not entirely.And in this market outlook where interest rates and bond yields may remain higher for longer, the biggest winner in crypto might not be the token offering the highest potential return. It might very well just be the infrastructure that finds a way to put that 5% Treasury yield on-chain. This article was written by Justin Low at investinglive.com.

A successful procedural vote would not pass the Clarity Act, but it would signal that a bipartisan path exists for the first comprehensive federal framework governing digital asset market structure, a prospect crypto markets have watched for over a year. Continued Democratic resistance, particularly over provisions touching President Trump's family crypto ventures, would instead point to a longer and more uncertain legislative road, extending the regulatory ambiguity that has weighed on institutional participation in US digital asset markets. Gillibrand's involvement matters because she has previously helped broker crypto-friendly compromises in the Senate, and her ability to bring other Democrats along could determine whether the bill clears its first procedural hurdle this week.---Earlier:Democrats meet ahead of Tuesday's crucial Clarity Act vote; BTC, ETH implications.--- Gillibrand is quietly lobbying her party to open debate on a crypto bill that has split Democrats over how tough it should be on the industry and on Trump's own crypto interests.Summary:Sen. Kirsten Gillibrand is privately urging Democrats to vote to advance the Clarity Act on Tuesday, a procedural motion rather than a final passage vote, according to Politico.Senate Republicans would still need 60 votes at a later stage to pass the bill.About a dozen Democrats have signaled openness to the bill and are reviewing new text Republicans released late Sunday that alters sections Democrats sought changes to.Sen. Elizabeth Warren is leading Democratic opposition, arguing the bill favors the crypto industry and is too soft on President Trump's family crypto businesses.An aide said Gillibrand still wants strong consumer protections and believes a sitting president shouldn't profit from an industry he oversees.Gillibrand, who chairs the Senate Democrats' campaign arm, has faced criticism from progressives before over her stance toward crypto.Sen. Kirsten Gillibrand is privately pressing fellow Democrats to vote in favor of advancing a major cryptocurrency bill the Senate is set to take up on Tuesday, according to Politico, which cited three people familiar with the closed door discussions who were granted anonymity. The New York Democrat, one of her party's most consistent crypto advocates, has been making the case in private meetings that colleagues should support the procedural motion, a step that would allow debate to begin rather than a vote on final passage.That distinction matters. A yes vote on Tuesday would only open the door to debate on the measure, known as the Clarity Act, and Senate Republicans would still need 60 votes at a later stage to actually pass it. Roughly a dozen Democrats have signaled some openness to supporting the bill and are weighing new text Senate Republicans released late Sunday, which alters sections Democrats had pushed to change. Whether those revisions go far enough to secure their votes remains unresolved.Gillibrand's position sets her apart from a wing of her party that views the legislation as tilted toward the industry it would regulate. Sen. Elizabeth Warren of Massachusetts is leading opposition among Democrats who argue the bill amounts to a win for crypto companies that have lobbied for years for friendlier rules, and who say it does not go far enough in addressing President Donald Trump's family crypto ventures.An aide to Gillibrand said she continues to believe Congress needs strong consumer protections and that a sitting president should not profit from an industry he oversees, adding that she is not afraid to have that debate in the open, for the public.The split underscores how the Clarity Act, intended to establish clearer federal rules for digital asset markets, has become entangled with broader Democratic concerns about Trump family financial interests in crypto. Gillibrand, who also chairs the Senate Democrats' campaign arm, has previously drawn criticism from progressives over her stance toward the industry. How Tuesday's vote unfolds will signal whether a bipartisan path exists for the bill or whether it stalls under continued Democratic resistance over presidential conflicts of interest.---Price reaction is likely to hinge on whether Tuesday's vote is read as a step toward passage or another sign of gridlock. Bitcoin and Ether have both swung sharply on Clarity Act headlines through 2026, rallying when ethics-provision breakthroughs were reported and selling off when the bill's odds slipped, with liquidations running into the hundreds of millions of dollars on the sharper moves. Ether has since climbed back above $2,500 in September, a level that leaves it more sensitive to disappointment than earlier in the year, when it traded closer to $1,900. A clean advance on the procedural motion would likely be read as constructive for both assets, while a stalled or failed vote would risk reviving the kind of selloff seen during earlier setbacks in the bill's progress.  This article was written by Eamonn Sheridan at investinglive.com.

The divergence between record network usage and falling active users complicates the bull case built purely on adoption metrics. Rising onchain fees and a sharp jump in ETH burn revenue point to healthier underlying demand for block space, which should support arguments that network usage is deepening even as it narrows to fewer participants. The record staking rate of 32% continues to tighten liquid ETH supply, a dynamic some traders treat as a structural tailwind regardless of near-term price action. Growth in tokenized assets, led by stablecoins, reinforces Ethereum's positioning as settlement infrastructure rather than a purely speculative venue, a theme that tends to attract institutional rather than retail flow. None of this prevented ETH from sliding toward $1,500 during the quarter itself, though the token has since rallied back above $2,500 in September, leaving open the question of whether that recovery reflects the underlying activity data or a broader market bounce.---Earlier:Democrats meet ahead of Tuesday's crucial Clarity Act vote; BTC, ETH implications.Bitcoin at risk of a "sell the fact" reaction on the CLARITY Act vote as FOMC decision looms--- Ethereum's network did more work with fewer people in Q2, a split between record throughput and record staking on one side and a 30% drop in active users on the other.Summary:Ethereum L1 processed 203.9 million transactions in Q2 2026, up 68.4% year over year, per Token Terminal.Average throughput reached an all-time high of 25.9 transactions per second.Monthly active users fell 30% quarter over quarter to 9.2 million.The ETH staking rate rose to a record 32%, and ETH-holding addresses reached an all-time high of 312.1 million.Onchain fees rose 31.6% to $52.5 million, while ETH burn revenue climbed 112% to $17.1 million.Tokenized assets on Ethereum averaged around $203.1 billion, including roughly $176.8 billion in stablecoins and $20.8 billion in tokenized funds.Ethereum's base layer processed a record 203.9 million transactions in the second quarter of 2026, according to data from Token Terminal, with average throughput climbing to an all-time high of 25.9 transactions per second. The transaction count marks a 68.4% increase from a year earlier, extending a run of records that has now stretched across consecutive quarters.The headline numbers sit alongside a less flattering trend. Monthly active users on the network fell 30% quarter over quarter to 9.2 million, a decline that runs counter to the rising transaction count. The gap suggests that a smaller pool of participants, likely including bots, automated trading systems and infrastructure providers settling transactions on behalf of layer 2 networks, is driving an outsized share of activity rather than a broadening base of new users.Other metrics point to firming demand for Ethereum's core function as settlement infrastructure. Onchain fees rose 31.6% over the quarter to $52.5 million, and ETH burn revenue, the portion of fees permanently removed from circulating supply, jumped 112% to $17.1 million. Both increases indicate that the transactions moving through the network in Q2 carried more economic weight than the equivalent volume a year ago.The staking side of the network also set records. The proportion of ETH staked reached 32%, an all-time high, while the number of addresses holding ETH climbed to 312.1 million, also a record. Rising staking participation removes ETH from immediate circulation, a dynamic that traders sometimes read as a supply-side tailwind independent of transaction activity.Tokenized assets on Ethereum averaged about $203.1 billion in market value during the quarter. Stablecoins accounted for the bulk of that figure at roughly $176.8 billion, with tokenized funds contributing a further $20.8 billion, underscoring Ethereum's continued role as the primary settlement rail for onchain dollar and fund products.The record activity did not translate into price strength during the quarter itself. ETH fell from around $2,400 in early April to lows near $1,500 by June, a decline that unfolded alongside the rising transaction count, staking rate and burn revenue described above. That gap between usage and price echoes a pattern seen in the first quarter of 2026, when a record transaction count similarly failed to lift the token. The price has since recovered, with ETH trading above $2,500 by mid-September, though whether that move reflects growing confidence in the fundamentals shown in the Q2 data or a broader crypto market rebound is not yet clear.Taken together, the quarter presents a network that is doing more, generating more in fees and burning more ETH, while serving fewer active participants. Whether that pattern reflects a maturing, institution-heavy phase of adoption or a narrowing of genuine user growth will likely depend on whether active user counts stabilize or continue declining through the third quarter. This article was written by Eamonn Sheridan at investinglive.com.

Institutional cryptocurrency flows are showing an interesting divergence between Bitcoin and Ethereum.U.S. spot Bitcoin ETFs have recorded four consecutive sessions of outflows through Thursday, totaling approximately $462.7 million. Ethereum ETFs, meanwhile, attracted $216.4 million on Thursday, led by a $148.8 million inflow into BlackRock’s ETHA. Is something up?The question is whether institutions are reducing cryptocurrency exposure altogether or simply becoming more selective within the asset class. Also that was last week. What has the price action done since then?Bitcoin remains the leading institutional cryptocurrency and is generally viewed as a digital store of value. Ethereum offers a different story, with exposure to decentralized finance, stablecoins, tokenization and other blockchain applications. ETH may also be attracting investors looking for a relative-value opportunity following periods of Bitcoin outperformance.However, one strong day does not confirm a lasting rotation. ETF flows can be influenced by portfolio rebalancing, profit-taking and activity within individual funds.For traders, the key will be whether the divergence continues. Several consecutive days of Ethereum inflows—combined with continued Bitcoin outflows and ETH outperforming BTC—would provide stronger evidence that institutional capital is rotating rather than leaving cryptocurrency entirely, but are we seeing it?One day is noise. Several sessions would be a more meaningful shift.There is also the techncals. What are the charts telling traders?The flow data represents only a snapshot in time. The divergence may reflect profit-taking, portfolio rebalancing or any number of other factors. The next question is: What are the technicals telling traders?The price action and key technical levels for Bitcoin and Ethereum will help determine whether the market is confirming what the ETF flows may be starting to signal.Bitcoin shows some technical lifeBitcoin is trading higher today and is attempting to extend above an important technical resistance level.The low for the day reached $76,370, staying above the swing area between $75,668 and $76,279. The inability to move back into—and then below—that area gave the buyers an opportunity to push higher.The price subsequently moved above the falling 100-hour moving average at $77,290. When the price dipped back toward that moving average, buyers leaned against the level and pushed Bitcoin toward the 200-hour moving average at $78,151.Another move lower also found support ahead of the 100-hour moving average, prompting a second run higher. The latest advance reached $78,457, with Bitcoin trading around $78,200 as of 10:00 AM ET.From a technical perspective, Bitcoin is showing some life: The decline stalled above the swing area between $75,668 and $76,279. The price moved above and based against the 100-hour moving average at $77,290. The price is now attempting to break above the 200-hour moving average at $78,151. For short-term traders, the 200-hour moving average at $78,151 is now the closest risk-defining level. Staying above it would keep the buyers in control and give them the opportunity to extend the recovery.More conservative traders may use the 100-hour moving average at $77,290 as their key risk level. Buyers have leaned against that moving average twice today, increasing its technical importance. Topside target? The swing high from last Friday came in at $79,851. That was near the high price from Wednesday's trade. The high price from last week reached on Monday it was $80,537. All those are the targets on further upside momentumAn educational lesson from the price action and the technicals?  A broken resistance level should become support if buyers are truly taking control. A sustained move above the 200-hour moving average would strengthen the bullish case. Conversely, a move back below the 200-hour average would weaken the breakout, while a fall below the 100-hour moving average would be a bigger “no-no” for the buyers and tilt the short-term bias back in the sellers’ favor.What about Ethereum?Looking at Ethereum’s hourly chart, the technical picture is showing some divergence from Bitcoin. It also suggests that the strong flow-of-funds demand seen late last week has not carried over with the same intensity this week.Ethereum moved lower into Thursday’s trading, reaching a low of $2,402.55. From there, however, the price started to turn around quickly.The rebound initially took Ethereum toward its converged 100- and 200-hour moving averages near $2,480. When the price broke above both moving averages on Friday, buyers pushed sharply higher. The momentum did not stop until Ethereum reached $2,666.35, representing a gain of approximately 7.75% in just a few hours of trading.Clearly, the flow of funds was moving into Ethereum.However, since reaching that peak, the price has rotated all the way back toward the original breakout area around the 100- and 200-hour moving averages. Ethereum even traded briefly below both levels over the weekend.Today, the price has rotated higher again, but the rebound stalled near the bottom of the swing area between $2,531 and $2,567. That area is now the next important resistance target.Meanwhile, Ethereum is trading above and below its converged moving averages at:100-hour moving average: $2,494.27200-hour moving average: $2,497.30The current price is trading around $2,510 as of 10:19 AM ET, just above both moving averages.From a technical perspective, Ethereum is at an important decision point: Staying above the converged moving averages near $2,494–$2,497 would keep the buyers in the game. Moving above $2,531 would be the next bullish step. Breaking through the full swing area up to $2,567 would give buyers greater control and open the door for a stronger recovery. Falling back below both moving averages would weaken the bullish bias and put sellers back in control. The educational point is that a strong breakout is only as good as the market’s ability to hold above the broken levels. Friday’s surge showed strong buying interest, but the nearly complete retracement indicates that the buyers have not yet established lasting control.With the 100- and 200-hour moving averages converged, the area near $2,494–$2,497 becomes especially important. When two widely followed moving averages are clustered together, they can provide a clearer dividing line between buyers and sellers.What is the bottom line?The ETF flow data (especially late last week) raised the possibility that institutional money may be rotating from Bitcoin into Ethereum. Bitcoin ETFs lost approximately $462.7 million over four consecutive sessions, while Ethereum ETFs attracted $216.4 million on Thursday alone.However, today’s price action is not providing convincing confirmation of that rotation.Both Bitcoin and Ethereum are trying to build a more bullish technical case. Bitcoin has moved above its 100-hour moving average and is testing its 200-hour moving average. Ethereum is also trading just above its converged 100- and 200-hour moving averages.Bitcoin, however, is showing slightly stronger momentum. Ethereum gave back nearly all of Friday’s 7.75% surge and has so far been unable to move through the $2,531–$2,567 swing area. If institutional money is truly rotating toward Ethereum, traders would expect ETH to begin outperforming Bitcoin and hold above its key technical levels. That is not happening convincingly—at least not yet.So, the flow divergence is worth watching, but the price action has not confirmed a meaningful Bitcoin-to-Ethereum rotation. Both cryptocurrencies are trying to give buyers more control today, but both still have resistance levels that need to be broken and held.The flows may be hinting at a shift, but the technicals are saying: Prove it. This article was written by Greg Michalowski at investinglive.com.

FUNDAMENTAL OVERVIEW Bitcoin has shown notable resilience over the past week despite a backdrop that would normally be challenging for risk assets. The higher-than-expected US monthly core inflation has pushed rate hike expectations higher, while oil prices above $100 are adding to inflation concerns and reinforcing a more hawkish monetary policy outlook. Yet Bitcoin has largely held up, suggesting that crypto-specific catalysts may be helping offset the deteriorating macro backdrop. One potential factor is growing optimism around the CLARITY Act.The CLARITY Act is designed to establish a clearer regulatory framework for digital assets in the US. Among its key objectives is drawing a clearer line between the jurisdictions of the SEC and CFTC. The legislation also aims to establish regulatory requirements for crypto exchanges, brokers and dealers. The potential benefit for the broader crypto market is regulatory certainty. Clearer rules could reduce the risk that exchanges, financial institutions and asset managers face unexpected regulatory action, while making it easier for traditional financial firms to build and offer crypto-related products. The SEC itself has said that legislation is needed to establish durable, "future-proofed" rules for the sector and has expressed support for the CLARITY Act. That could ultimately support greater institutional participation, deeper liquidity and more capital flowing into digital assets. Tomorrow, at 2:15pm ET, the CLARITY Act will face its first real Senate test with the cloture vote. Cloture requires 60 votes just to open debate on the legislation.If the vote fails, it could effectively close the legislative window for crypto market structure this year, given the November midterms, and that is likely to trigger a selloff in Bitcoin. Even if the vote is successful, I’m afraid we could see a “sell the fact” reaction, with Bitcoin falling as the focus will quickly turn to the FOMC decision on Wednesday.  BITCOIN TECHNICAL ANALYSIS – DAILY TIMEFRAMEOn the daily chart, we can see that Bitcoin is bouncing from the major 76,000 support. We can expect the buyers to step in around these levels with a defined risk below the support to position for a rally back into the 82,500 resistance. The sellers, on the other hand, will want to see the price breaking below the support to pile in for a drop into the 67,000 support next. BITCOIN TECHNICAL ANALYSIS – 4 HOUR TIMEFRAMEOn the 4 hour chart, we can see the price is breaking above the downward trendline that was defining the bearish momentum. The buyers will likely pile in on the break with a defined risk below the broken trendline to keep targeting the resistance. The sellers, on the other hand, will need to wait for a break below the support to open the door for new lows. BITCOIN TECHNICAL ANALYSIS – 1 HOUR TIMEFRAMEOn the 1 hour chart, the price is breaking above the minor resistance zone around the 77,600 level. Again, this is where we can expect the buyers to step in with a defined risk below the broken trendline to keep pushing into new highs. The sellers, on the other hand, will either wait for the price to come into the resistances or break below the support to target new lows.UPCOMING CATALYSTSTomorrow, we have the cloture vote onCLARITY Act. On Wednesday, we have the FOMC rate decision. On Thursday, we get the US Jobless Claims figures. Traders will also keep a close eye on developments in the Middle East. This article was written by Giuseppe Dellamotta at investinglive.com.

For years now, the crypto pitch has often been framed around the idea of replacement.Bitcoin replaces gold. Stablecoins replace cash. And blockchain replaces traditional finance.It all sounds like a dramatic change in the times. However, the more interesting story may be one that is less so - that being crypto might not replace gold at all. In fact, it may even make gold easier to own, trade and move around.And that idea is becoming more relevant as tokenised gold moves beyond being a niche corner of the market.The very concept itself is simple. Instead of holding a gold bar or buying a traditional ETF, investors can buy a blockchain-based token backed by physical bullion held by a custodian. The appeal is practical.After all, gold is a trusted store of value but it is not especially convenient. Physical bullion needs storage and insurance, and moving it around also takes time.As such, tokenisation pretty much just changes the mechanics without changing the underlying asset.An interesting story that might be flying under the radar to start the week is that the Financial Conduct Authority (FCA) is reportedly considering creating a dedicated regulatory framework for tokenised gold. And that includes potentially exempting it from some of the fund rules that currently apply to collective investment schemes and alternative investment funds.That might sound like a fairly technical regulatory story, but I think the bigger message is worth paying attention to.London is one of the world's major bullion trading centres. And if regulators are looking at ways to make tokenised gold easier to develop there, we are no longer just talking about blockchain as something operating on the fringes. We're talking about putting gold itself onto digital financial rails.As mentioned above, the concept is fairly easy to understand in practice. You have Tether Gold (XAUT) and Pax Gold (PAXG), which allow investors to own tokens backed by physical bullion held in custody.The gold does not suddenly become digital. A bar is still sitting in a vault somewhere. Instead, what changes is everything around it.Tokenised ownership can be divided into smaller amounts, transferred around the clock and potentially be plugged into digital collateral and settlement systems. That removes some of the practical disadvantages that physical gold has always had. Essentially, tokenisation narrows some of that convenience gap without asking investors to abandon gold itself.Naturally, there will be obstacles to any such proposed transition. And for now, FCA director of infrastructure and exchanges, Jon Relleen, said that tokenised gold has "emerged as an area of interest". There will still be a lot of regulatory hurdles to get through at the end of the day.But if and when it happens, the outcome would be rather ironic. One of crypto's biggest contributions may not be replacing gold after all. Instead, it may be making gold better. This article was written by Justin Low at investinglive.com.

What happened? Ripple's dollar-backed stablecoin RLUSD touched a new all-time high in circulating supply this week, reaching $2.442 billion. The milestone continues a steady climb through 2026: supply stood at roughly $1.7 billion in mid-August, passed $2 billion by late August, and had reached $2.32 billion by early September, putting monthly growth at a consistent 15 to 20 percent. The XRP Ledger is now cited as the industry's 11th largest stablecoin chain by native supply.Why does it matter? RLUSD's growth is happening while XRP itself has struggled. XRP's price is down roughly 27 percent year to date even as RLUSD's market cap has grown more than tenfold over the same period. That divergence points to institutions using RLUSD as settlement and treasury infrastructure independent of XRP's own price performance. Rising stablecoin supply on a network signals expanding liquidity and real-world usage, but it runs on a separate track from demand for the native token itself, and the two should not be read as moving together.What can readers watch or consider? Spot XRP ETFs have been described as attracting large amounts of capital this week, though daily inflows have been running in the low single-digit millions in recent sessions, with cumulative inflows since launch approaching the $1 billion mark over a longer window. The more precise read is that XRP ETF demand has been steady rather than surging, while RLUSD's supply growth has been the sharper and more consistent trend of the two.What could change the interpretation? A sustained pickup in daily XRP ETF inflows, rather than an isolated large session, would support a narrative of accelerating institutional demand running alongside RLUSD's growth. Absent that, the more accurate framing is that RLUSD adoption and XRP price and ETF demand are decoupling, which is arguably the more significant story for institutional crypto infrastructure than XRP's price action itself.What to watch next: Watch whether RLUSD's supply growth holds its recent monthly pace and whether XRP ETF inflows shift from steady to accelerating. The practical takeaway: RLUSD's climb is a genuine and verifiable adoption story, but it isn't a proxy for XRP demand or price strength unless the ETF flow data starts to reflect that connection.---For crypto traders, XRP ETFs are live and tradeable in the US. Several launched through late 2026, including:Franklin Templeton XRP ETF (XRPZ)Bitwise XRP ETFCanary XRP ETFREX-Osprey XRP ETFGrayscale XRP Trust/FundWhich XRP ETF carries the liquidity?Of the five spot XRP ETFs, Bitwise's fund (ticker: XRP) is the clear leader on both trading volume and size, carrying roughly $22 to 28 million in daily volume and around $520 million in assets under management, both comfortably the largest in the group. Franklin Templeton's XRPZ is a distant second on both measures, with daily volume in the $7 to 8 million range and about $388 million in assets, though it carries the lowest expense ratio of the group at 0.19 percent against Bitwise's 0.34 percent. Canary Capital, Grayscale and REX-Osprey trail well behind on both volume and assets, with REX-Osprey the thinnest of the five. For traders prioritising ease of entry and exit, Bitwise's depth of volume stands out as the practical choice among the five; those weighing cost over liquidity may still find Franklin Templeton's lower fee more attractive for longer holding periods.XRP's chart tells a clear story around the middle of August. The token fell to a yearly low of $0.98 on August 14, then staged a sharp reversal beginning around August 19, which is exactly where the Bitwise ETF chart shows that long lower wick followed by a violent green candle. From there, XRP surged roughly 56 percent in a single week, its sharpest weekly move since the post SEC settlement rally in August 2025.Several drivers converged at once to produce that move. Short interest in XRP perpetuals had reached its highest level since April, and heavy short liquidations amplified the rally once buying pressure took hold. Bitcoin's breakout above $77,000 created a rising tide effect across crypto more broadly, lifting XRP alongside it. Spot XRP ETFs recorded a record $110.49 million in inflows over the week, pushing cumulative inflows past $1.66 billion since launch. The US Treasury's expansion of long term bond buybacks has also been linked by some reporting to a broader risk on move across crypto that same week. Underpinning the move, fundamental developments including the Hidden Road integration going live and RLUSD gaining traction as a settlement layer gave the rally more substance than a pure leverage driven squeeze. This article was written by Eamonn Sheridan at investinglive.com.

Senate Democrats meet as Clarity Act faces its first real Senate test---  This next paragraph really should go at the end of the piece, but if you want to skip the political baloney and just read this, I've got your back!Bitcoin and Ethereum have historically shown a headline-driven pattern on CLARITY Act news rather than a sustained trend, and Tuesday's vote is likely to fit that mould. Prior delays and setbacks have triggered brief, sharp pullbacks (Bitcoin dropped nearly 3% and Ethereum over 3.5% in one session in early August when the bill's odds collapsed), while reports of progress on the ethics dispute have produced quick relief rallies of similar size in the other direction. Given no Democratic senator had publicly committed to Tuesday's motion as of the weekend, expect choppy, headline-reactive trading into the vote itself, with a failed cloture more likely to weigh on sentiment than a successful one is to lift it, since passage only opens debate rather than delivering the bill.---What happened? Senate Majority Leader Chuck Schumer called Senate Democrats into a closed door caucus meeting on Sunday evening to work through the party's position on the Clarity Act, the crypto market structure bill, ahead of a cloture vote scheduled for Tuesday, September 15 at 2:15pm ET. About a dozen Democratic senators have spent months negotiating over the legislation, and several disputes remained unresolved heading into the vote.Why does it matter? This is a procedural vote, not a vote on the bill itself. Cloture requires 60 votes just to open debate on the legislation, and with Republicans holding 53 seats and at least two of them (Rand Paul and Josh Hawley) expected to defect on procedural grounds, supporters need close to nine Democratic votes to clear the bar. As of the weekend, no Democratic senator had publicly committed to voting yes. So the headline question here isn't "will crypto get a regulatory framework," it's "can this bill even get to the floor," and those are very different things. A pass on Tuesday starts debate; it does not deliver a law.What can readers watch or consider? The main sticking point is an ethics provision aimed at limiting President Trump's ability to profit from his family's crypto ventures, an issue that has held up the bill since it cleared the House by a wide margin back in 2025. A bipartisan compromise proposal from Senators Thom Tillis and Ruben Gallego, which would bar federal officials and judges from issuing or sponsoring digital assets and require divestment or a blind trust, has been sitting with the White House since late July without a public response. Senators named in the ongoing talks include Kirsten Gillibrand, Mark Warner, Ruben Gallego, Lisa Blunt Rochester, Andy Kim and Angela Alsobrooks.What could change the interpretation? If the White House engages with the Tillis-Gallego ethics proposal before Tuesday, that could shift several undecided Democrats and change the vote math quickly. Conversely, continued silence from the administration makes it harder for Democrats to justify crossing the aisle, according to industry figures tracking the talks. It's also worth noting Republicans could lose more than two votes depending on attendance, so the "nine Democrats" threshold is not fixed.What to watch next: The concrete thing to watch is the vote itself at 2:15pm ET Tuesday, and specifically whether it clears 60. White House adviser Patrick Witt has warned that a failed vote could effectively close the legislative window for crypto market structure this year, given how little floor time remains before the November midterms. Even a successful cloture vote would only open debate, not deliver a bill, so treat a "yes" outcome as the start of a longer process rather than a finish line. The practical implication for readers: don't read Tuesday's vote as clarity on crypto regulation either way. It's a headline that will need a lot more sourcing behind it before it becomes an actual commitment. This article was written by Eamonn Sheridan at investinglive.com.

What is Bitcoin’s price action telling traders?As Friday moves toward its conclusion and Bitcoin transitions into weekend trading, the price action is sending a fairly clear message: neither buyers nor sellers have taken firm control of the broader range, but the shorter-term bias has tilted back in favor of the sellers.Bitcoin has been trading in an up-and-down range since August 21. The lower boundary comes between $75,688 and $76,229, while the upper boundary is between $81,517 and $82,281. Those areas continue to define the larger battle between buyers and sellers.Sellers had their shot at the range floorEarlier this week, Bitcoin tested the lower support area between $75,688 and $76,229. Sellers had their shot to push through the floor, but they could not sustain a break.When a market tests an important support area and fails to break it, short sellers may begin covering positions while dip buyers step in. That combination helped propel Bitcoin higher during today’s trading.Buyers had their shot—but also fell shortThe buyers then had their opportunity to take greater control. The price moved toward the week’s high near $80,500, but the rally stalled ahead of that level and just below the psychologically important $80,000 mark, reaching a high of $79,837.That failure was significant because Bitcoin could not sustain its momentum above the nearby hourly moving averages. The price subsequently rotated back below the 200-hour moving average at $79,104 and the 100-hour moving average at $78,218.With Bitcoin currently trading near $77,277, the market is back below both technical barometers.The moving averages define the near-term biasThe 100-hour moving average at $78,218 and the 200-hour moving average at $79,104 now define the shorter-term bias.Staying below both moving averages keeps the bias tilted more to the downside and gives sellers greater control. Moving back above those levels would shift the technical picture in a more bullish direction.Although the near-term bias is more bearish, the sellers still have work to do. It will take a move below $76,229—and ultimately a sustained break below $75,688—to give sellers greater confidence that the range floor has finally been broken.A sustained move below that area could attract additional selling as dip buyers exit and momentum traders react to the failed support.What do buyers need to do?For buyers, the first job is to reclaim the 100-hour moving average at $78,218. A move above that level would shift the focus toward the 200-hour moving average at $79,104.Trading between those two moving averages would create a more neutral intraday bias, with the market effectively waiting for the next shove.Getting above both moving averages—and staying above—would give buyers more control and reopen the door toward $80,000, followed by the week’s high near $80,500. Beyond that, the larger upside targets remain the upper range boundaries at $81,517 and $82,281.The fundamental and weekend considerationsFrom a fundamental perspective, Bitcoin continues to trade as both a cryptocurrency and a broader risk asset. Changes in Treasury yields, expectations for Federal Reserve policy, movements in the U.S. dollar and the overall appetite for risk can all influence demand.Lower yields and a softer dollar can provide support for Bitcoin, while rising yields and a stronger dollar can create headwinds by making interest-bearing assets relatively more attractive.There is also a weekend consideration. Bitcoin trades continuously, but liquidity can thin after traditional markets close on Friday. With fewer market participants, relatively modest orders can sometimes generate larger-than-normal price moves.As a result, traders should be careful about chasing a weekend breakout unless Bitcoin can remain beyond the key technical level. A quick move through support or resistance followed by an equally quick reversal can be a sign of a false break rather than the beginning of a sustained trend.The roadmap for weekend tradingThe technical roadmap heading into the weekend is well defined.Below the 100-hour moving average at $78,218 and the 200-hour moving average at $79,104, the sellers hold the near-term advantage. A break below $76,229 and then $75,688 would strengthen the bearish picture.Conversely, a recovery above both hourly moving averages would give buyers another opportunity to attack $80,000, the week’s high near $80,500, and eventually the upper range between $81,517 and $82,281.For beginner traders, this is a good example of how moving averages and range boundaries can work together. The moving averages define the shorter-term bias and provide closer risk-defining levels. The range extremes identify the more important breakout points that could lead to the next larger directional move.Until one side breaks outside the broader range—and stays outside—the market remains in a battle. For now, the sellers have the short-term advantage, but they still need to break the range floor to take greater control. This article was written by Greg Michalowski at investinglive.com.

FUNDAMENTAL OVERVIEW Bitcoin dropped all the way back to the key $76,000 support level, as first the strong US NFP report and later the surge in oil prices increased Fed rate hike expectations.This week has been all about the tensions in the Middle East. The escalation in attacks between US and Iran, and Yemen’s Houthis attacks on Saudi energy facilities, provided a tailwind for oil prices to push into new highs.The momentum then increased as traders started to price in a prolonged conflict after Trump said that he expects the war with Iran to end immediately after the US midterm elections in November, effectively acknowledging that the war is likely to continue through at least the election period.Yesterday, WTI crude oil broke through the psychologically important $100 level and triggered a hawkish repricing in interest rate expectations across the board. Today, the focus will be on the Core CPI M/M measure, as that's what the Fed members have been focusing on. Fed's Waller recently said that he would consider a rate hike in September if the monthly core reading surprised to the upside. Unfortunately, that was before the latest surge in oil prices.Traders are now pricing in a 67% chance of a rate hike at the upcoming meeting. I feel like an in-line CPI won't be enough to steer the market away from expecting a rate hike. If we go into the FOMC meeting with higher probabilities for a rate hike, then the Fed will be forced to hike just to avoid delivering a dovish surprise.In light of this, I think only a soft Core CPI could give Bitcoin a boost in the short-term, while an upside surprise might exacerbate the risk-off sentiment and trigger a selloff, as the market could start pricing an even more aggressive path for rate hikes. BITCOIN TECHNICAL ANALYSIS – DAILY TIMEFRAMEOn the daily chart, we can see that Bitcoin rejected the 82,500 resistance and pulled all the way back to the key 76,000 support. We can expect the buyers to step in around the support with a defined risk below it to position for a rally back into the resistance. The sellers, on the other hand, will want to see the price breaking lower to increase the bearish bets into the 67,000 support next. BITCOIN TECHNICAL ANALYSIS – 4 HOUR TIMEFRAMEOn the 4 hour chart, we have a downward trendline defining the recent bearish momentum. If the price pulls back into the trendline, we can expect the sellers to lean on the trendline with a defined risk above it to target a break below the support. The buyers, on the other hand, will want to see the price breaking higher to increase the bullish bets into the resistance.BITCOIN TECHNICAL ANALYSIS – 1 HOUR TIMEFRAMEOn the 1 hour chart, we have a minor resistance zone around the 77,600 level. This is where we can expect the sellers to step in with a defined risk above the resistance to keep pushing into new lows. The buyers, on the other hand, will look for a break higher to extend the pullback into the trendline. UPCOMING CATALYSTSTodayall eyes will be on the US CPI report. This article was written by Giuseppe Dellamotta at investinglive.com.