In a move that feels like the financial markets finally slipped on their superhero capes, the U.S. Securities and Exchange Commission just greenlit generic listing standards for crypto ETFs.
XRP and SOL Lead the Charge as Altseason Momentum Builds
XRP’s test at $3.18 marks a pivotal juncture, reinforced by whale transfers exceeding $700 million and net exchange outflows of $10.1 million that signal steady accumulation against the backdrop of ETF speculation.
With RSI sitting at a neutral 53 and a bullish falling wedge breakout in play, upside momentum is favored if buyers can reclaim the $3.18–$3.30 range, opening the door to $3.50–$5.00 by month-end.
Failure to hold that zone, however, risks a swift retest of $2.80 support.
Solana’s momentum remains equally robust, trading around $235–$250 with a golden cross formation and steady institutional inflows positioning it for a move toward $250–$300, provided the $218 support level holds.
Together, these setups reflect strong capital rotation into altcoins, with the altseason index nearing 82 and Solana’s DeFi TVL at $10.7 billion underscoring growing conviction.
The broader backdrop suggests the onset of a fresh altseason, where low-cap plays and memecoins could see outsized gains of 10–30x in Q4.
Still, volatility remains elevated, making disciplined risk management essential even as momentum builds in favor of the bulls.
Ryan Lee, Chief Analyst at Bitget
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Binance boss sounds alarm on North Korean hackers
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Michigan Pushes Bold Crypto Reserve Plan, HB 4087 Advances With 10% Allocation
Michigan crypto reserve legislation moved forward on Thursday. HB 4087 advanced to a second reading and went to the Committee on Government Operations.
Trump considers new CFTC chair as Winklevoss pressure pauses Brian Quintenz
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SEC hits the snooze button on Truth Social Bitcoin ETF
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Fed’s Rate Cut Sparks Crypto Volatility but Supports Longer-Term Upside
The Fed’s 25-basis-point rate cut, the first in nine months, sent Bitcoin briefly above $117,000, reflecting heightened liquidity expectations.
Yet the median FOMC projection of just 50 bps in total cuts this year tempers the optimism, diverging from market hopes of 68 bps, and introduces a risk of near-term volatility as traders recalibrate.
Historically, crypto has dipped 5 to 8 percent following rate cuts before resuming its upward path, suggesting a potential “sell the news” phase in the days ahead.
Despite this caution, the broader backdrop remains constructive. Lower yields on money-market funds redirect capital toward alternatives like digital assets, bolstering Bitcoin’s role as a risk-on hedge.
With a correlation to equities hovering around 0.9, crypto could benefit from reallocations out of the $7.2 trillion parked in cash-like instruments.
Inflation at 2.9 percent may limit the pace of further easing, but the dovish tilt still provides a foundation for measured growth.
In the near term, Ethereum and Solana may outperform on ETF-driven inflows and network catalysts, while Bitcoin consolidates before targeting $123,000 to $150,000 if subsequent cuts materialize.
This environment calls for patient positioning in liquid majors, complemented by hedges against dollar strength, as markets navigate a probabilistic Fed path.
Overall, the cut marks a bullish but measured shift for crypto, underscoring its resilience as macro conditions evolve.
Ryan Lee, Chief Analyst at Bitget
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
DBS, Franklin Templeton, Ripple unveil tokenized lending on the XRP Ledger (XRPL)
DBS, Franklin Templeton, and Ripple signed a memorandum of understanding to deliver tokenized trading and tokenized lending for institutional investors.
Dogecoin gears up for a moonshot, could $3.5 be next?
Pretty good news from the analysts! Dogecoin is eyeing a comeback that might leave jaws on the floor.
