Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Ethereum Refuses to Stay Below $3,000 – $3,600 Next? 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support 
Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K 
Bitcoin Smashes $93K as Institutions Pile In – $100K Next? 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Global investment bank JP Morgan described cryptocurrency markets as “looking frothy” with the stock-buying frenzy spilling over into altcoins and non-fungible tokens (NFTs) and a surge in decentralized finance (defi) activity.
The movement boosted the price of certain cryptocurrencies, such as Ethereum (ETH), Solana (SOL), and Cardano (ADA) but are more likely to be a reflection of froth and retail investor ‘mania’ rather than a structural uptrend.
Retail investors bought stocks at a record pace with an estimated net flow into the US stock market that reached a record high of almost $16 billion in July and $13 billion in August.
The crypto market surged 83 percent in value over the last three months, led by altcoins. and now has a cap of $2.28 trillion.
Bitcoin slipped from 47 percent on Aug. 1 to 41.39 percent on September 4.
ETH accounts for 20.13 percent of the crypto market, followed by ADA at 4.11 percent, and SOL at 1.80 percent.
SOL, which emerged as one of the top-performing cryptocurrencies this year, is now the seventh-largest crypto by market capitalization. The coin gained 310.8 percent in the last month and 3,277.6 percent year-to-date. SOL coins are priced at $141.04 each.
Altcoin trading now accounts for 33 percent of the crypto market, soaring from its 22 percent reading in early August. But according to JP Morgan, altcoin shares look rather elevated by historical standards.
