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Astr Soars 37% while Market Cap hits $ 3.7B, Hype Slides: Crypto Daybook Americas


By Omkar Godbole (at all times and unless indicated otherwise)

Rebounds from the Asian session of $ 111,000 to $ 112,800, repeating a pattern seen on Tuesday. However, the token remains below the 50- and 100-day simple moving averages (SMA), along Liquid and sentimental analysis of the majority’s retail Signed a potential for a deeper pullback. The CoinDesk 20 Index dropped 0.7% in the past 24 hours, standing at 4,027.

Two well -known development appeared. The competition between on-chain decentralized hyperliquid and aster exchange intensifies, with aster beyond hyperliquid in daily income. According to Defillama, the Aster has generated $ 7.2 million income over the past 24 hours compared to $ 2.79 million of hyperliquid. This difference is also reflected in their native tokens: AST’s market cap has sank from $ 931 million to $ 3.74 billion in seven days, while the hype market cap has dropped from $ 14.88 billion to $ 11.73 billion.

Surged the AST 37% Over 24 hours, the best performance among the top 100 tokens by market cap, whereas Hype rank Among the worst performers. In recent months, Hyperliquid has lost its market sharing with competitors such as aster and lighter, making it a place of investor should watch closely.

Meanwhile, data from Cryptorank shows Solana’s launchpad activity strictly refused, with a combined volume of hitting a four -month low in $ 117 million. The active wallets fell below 100,000, and the sun -graduates of the token project -projects that successfully completed their initial fundraising or token selling phases and switched to public trading -dropped to 88, indicating reduced user contact and fewer new launch.

Jeff Dorman, Chief Investment Officer in ARCA, Challenged The idea of ​​a wide crypto bull market, emphasizing that the 2025 rally is Narrow and selective.

In traditional markets, the US dollar rose 0.4%, likely influenced by Federal Reserve Chairman Jerome Powell’s careful statement on rate cuts earlier on the week. NASDAQ Futures have shown acquisitions, which offer market risks to the crypto market. Stay alert!

What to watch

  • Crypto
    • September 24, 9 am: DFinity, the non-profit in the rear Holding Internet Identity 2.0 Father and Team Updating Eventreleasing the login solution on its own.
    • September 24: Ivy (HBAR) Upgrading Mainnet (Release v0.65).
  • Macro
    • September 24, 10 AM: US August New Home Sales Est. 0.65m.
  • We are (Estimates based on factset data)

Events with the token

  • Votes and Management Calls
  • Unlocks
    • September 25th: To unlock 2.28% of the released supply worth $ 7.98 million.
  • Launching a token
    • September 24: Griffin AI (Gain) to list at Kucoin and Gate.io
    • September 24: to list at BTSE.
    • September 24: to list at BTSE.
    • September 24: Aster (Aster) to list at Kucoin.

Conference

Token talk and derivatives positioning

Movements in the market

  • BTC reached 0.66% from 4 pm et Tuesday at $ 112,769.17 (24hrs: -0.24%)
  • ETH is up to 0.14% to $ 4,183.16 (24hrs: -0.39%)
  • CoinDesk 20 is up to 0.18% to 4,034.77 (24hrs: -0.62%)
  • Ether CESR Composite Staking Rate drops 5 bps to 2.85%
  • BTC funding rate is at 0.0071% (7.7668% annual) in Binance
  • DXY reached 0.32% to 97.57
  • Gold futures dropped 0.34% to $ 3,802.60
  • Silver futures dropped 0.48% to $ 44.40
  • Nikkei 225 closed 0.3% to 45,630.31
  • Hang Seng closes 1.37% to 26,518.65
  • FTSE drops 0.12% to 9,212.27
  • Euro Stoxx 50 dropped 0.14% to 5,464.60
  • DJIA closed on Tuesday down 0.19% to 46,292.78
  • S&P 500 closed 0.55% to 6,656.92
  • The Nasdaq Composite closed 0.95% to 22,573.47
  • The S&P/TSX Composite closed 0.48% to 29,815.63
  • S&P 40 Latin America closed 1.17% to 2,957.33
  • US 10-year Treasury Rate dropped 1 bps to 4.108%
  • E-Mini S&P 500 futures are up to 0.17% to 6,726.25
  • E-Mini Nasdaq-100 Futures reached 0.31% out of 24,905.00
  • E-Mini Dow Jones Industrial Average Index does not change to 46,654.00

Bitcoin stats

  • BTC Dominance: 58.47% (-0.04%)
  • Ether-bitcoin ratio: 0.03708 (-0.28%)
  • Hashrate (seven-day average move): 1,063 eh/s
  • HASHPRICE (spot): $ 50.01
  • Total Fees: 2.79 BTC / $ 314,619
  • CME Futures Open Interest: 142.21k BTC
  • BTC is priced in gold: 29.9 oz.
  • BTC vs Gold Market Cap: 8.38%

Technical analysis

XRP's day -to -day chart in Candlesticks format. (Tradingview)

XRP Daily Chart. (Tradingview)

  • The day -to -day XRP chart shows that sellers have failed to establish a foothold below $ 2.70 on Tuesday.
  • The level has emerged as strong support over the past two months.
  • Therefore, a potential rest below the same can see more sale of holders, deepening the seller-off.

Crypto equities

  • Coinbase Global (Coin): Closed on Tuesday at $ 320.07 (-3.58%), +1.12% at $ 323.64 to pre-market
  • Circle Internet (CRCL): closed to $ 130.97 (-4.85%), +2.92% at $ 134.80
  • Galaxy Digital (GLXY): closed at $ 33.14 (-1.63%), +1.39% at $ 33.60
  • Bullish (BLSH): closed to $ 69.49 ( +0.58%), +0.73% to $ 70
  • Mara Holdings (Mara): closed at $ 17.71 (-3.49%), +1.3% at $ 17.94
  • Riot Platform (Riot): Closed at $ 17.07 (-2.46%), +2.64% at $ 17.52
  • Core Scientific (Corz): closed to $ 17 (-0.99%), unchanged with pre-market
  • CleansPark (CLSK): closed to $ 13.91 ( +1.24%), +2.01% at $ 14.19
  • COINSHARES VALKYRIE BITCOIN MINERS ETF (WGMI): Closed to $ 42.9 (-2.43%)
  • Exodo Movement (EXOD): Closed at $ 28.55 (-3.84%), +1.58% to $ 29

Crypto treasury companies

  • Strategy (MSTR): closed to $ 327.78 (-2.43%), +1.25% to $ 331.88
  • Semler Scientific (SMLR): closed to $ 32.66 (+1.87%), unchanged in pre-market
  • SHARPLINK GAMING (SBET): closed at $ 17.01 (+2.41%), -0.41% at $ 16.94
  • UPEXI (UPXI): closed to $ 6.17 (+1.65%), -1.46% at $ 6.08
  • Lite (Lits) approach: closed to $ 2.63 (+1.94%)

ETF is flowing

Spot btc etf

  • Sun -Sun Net Flow: -$ 103.8 million
  • Cumulative Net Flow: $ 57.21 Billion
  • Total BTC Handles ~ 1.32 million

Spot etfs

  • Net -Net Flow: -$ 140.8 million
  • Cumulative Net Flow: $ 13.72 Billion
  • Total Eth Holdings ~ 6.62 million

Source: Farside Investor

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