Latest Crypto Market News Today, September 18: FOMC Rate Cut Aftermath, BTC, ETH, XRP, and Solana Stable as BNB Close to 1K USD

[Ben Graham]

Looking at the crypto market today, there’s a real excitement around the FOMC rate cut, the 25 basis points that becomes news headlines everywhere in a mostly positive way as BTC is dancing around 117K USD, ETH is just above 4.5K USD, creeping up about 0.7% in the last day, while XRP is trading close to 3.07, enjoying a 1.6% gain against. If history is any guide, similar rate cuts usually spark 20–30% gains for high-risk assets over the next few weeks. So yes, there’s cause to be mildly excited.

bitcoin

Price

Market Cap

BTC

$2.34T

24h7d1y

Altcoins are getting attention now that the easing has landed. Data from TradingView shows total crypto market cap rising, suggesting some capital is rotating out of BTC ▲0.50% and into high-risk plays.

(source – TradingView) 

SOL ▲4.06% is up to 244 USD, gaining 3.2% today, helped by DEX volumes that climb to about $2.5B daily per DeFiLlama, a 5% jump since the cut and about 26% this week.

(source – DefiLlama)

BNB ▲5.04%, on the other hand, is with a nice round number, at 1,000 USD, just as this article is being written. Its BSC TVL is at $7.8B, up by almost10% this week. These are the foundations of stronger sentiment across crypto.

bnb

Price

Market Cap

BNB

$149.38B

24h7d1y

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Today Crypto Market News Roundup: BTC, ETH, XRP Ready for Moon as Rate Cut Brings Stronger USD

Here’s where things are headed. According to CoinGlass, open interest for BTC USD is about $85B, and long positions dominate in liquidations since the cut, a pattern we’ve seen in past ramps.

(source – CoinGlass)

ETH USD is supported by Layer‑2 TVLs (via DeFiLlama https://defillama.com/chain/ethereum) exceeding $40B, and ETF inflows pushing over $1.2B weekly. XRP may gain institutional credibility as its CME options pick up steam with doubled volume, now around USD 15B.

Could BTC USD slip under $115,000 briefly? Sure. But with signals from the Fed hinting at perhaps two more cuts this year, bullish pressure remains. The overall DeFi total market cap is $4.2B, a huge number considering it against the traditional market.

(source – CoinGecko) 

If things break well, XRP might test 3.20 USD, with BTC, ETH, and SOL leading. Optimistically, September will end on a strong note, even if there are a few dips along the way.

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6 minutes ago

Memecore and EIGEN Price Blasts 20%: Is BTC Layer 2 Next 100X Crypto?

By Akiyama Felix

The hunt for the next 100x crypto intensified today as traders digested Federal Reserve Chair Jerome Powell’s 25bps rate cut, a move that has fueled bullish sentiment across risk markets. Crypto reacted almost instantly, with Memecore and EigenLayer both surging more than 20% higher in the past 24 hours, sparking a fresh wave of speculation about where smart money will next rotate.

While Bitcoin reclaimed $117K, history shows the biggest returns don’t come from BTC itself but from smaller-cap tokens building innovative ecosystems around it. With monetary policy easing and liquidity returning, traders are now asking: could a Bitcoin Layer 2 project deliver the next crypto to 100x as new capital floods into the market?

Read the full story here.

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