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CoinCatch Market Daily Report (September 17, 2025)
Beginner
2025-09-17 | 10m
On September 17, after breaking through $116,900, Bitcoin is now trading at $111,277, with a strong short-term trend; ETH is trading at $4,326 and is still in a volatile consolidation phase; most altcoins have risen slightly, the Fear and Greed Index is at 54, and market sentiment is neutral.Meanwhile, Sui rose nearly 4% over the past 24 hours after being selected as a launch partner for Google’s new Agentic Payments Protocol (AP2); Asset management firm Bitwise has put forward an exchange-traded fund proposal that focuses on tokenization, as interest in that sector surges; The Federal Reserve will announce its interest rate decision at 18:00 UTC.
Crypto Market Overview
BTC (+1.18% | Current Price: $117,170.03)
After several days of sideways fluctuations, BTC saw a significant surge on September 17th, briefly breaking through the $117,000 mark and reaching a high of $117,234. Trading volume surged during the breakout, indicating active buying. If the price can stabilize above $117,000, there's a chance it could continue to test the resistance zone of $118,000 or even higher in the short term. However, be mindful of the risks of chasing high prices. If the price falls back below $116,000 and trading volume decreases, a short-term pullback and consolidation is possible. Overall, the trend remains strong, so it's advisable to manage positions and avoid chasing high prices. On September 16th, BTC ETFs saw a net inflow of $292.3 million, including $209.2 million into BlackRock's IBIT and $45.8 million into Fidelity's FBTC, indicating that institutional funds are increasing their Bitcoin holdings and strengthening their allocation to the asset.
ETH (-0.71% | Current Price: $4,538.64)
Since its recent decline from a high of $4,738, ETH has continued its downward trend, reaching a low of $4,424. While the current price shows signs of stabilization, it remains hovering near key moving averages. Trading volume has declined compared to previous periods, indicating a growing wait-and-see sentiment in the market. If it can successfully break through and stabilize above $4,550, it could gradually recover its decline and re-test the $4,700 resistance level. However, a break below $4,450 support could signal renewed weakness, and short-term traders should be wary of the risk of a second dip. The overall trend remains volatile and weak, and monitoring trading volume is crucial. On September 16th, ETH ETFs saw a net outflow of $61.7 million, with BlackRock ETHA saw an out flow of 21.4 million and Fidelity FETH saw $48.1 million in outflows.
Altcoins
Most major altcoins maintained slight gains, with market sentiment primarily neutral or buy. The Fear & Greed Index, at 51 today, remained in the neutral range, indicating a balanced market with neither strong bullish nor bearish sentiment.
Macro Data
Potential Federal Reserve rate cuts could increase investor appetite for alternative assets, potentially driving Bitcoin towards $150,000–$200,000 and Ethereum towards $5,800–$8,000 by year-end. Lower interest rates can make non-yielding assets like gold and potentially crypto more attractive. Gold futures prices are currently showing a slight decrease. Gold continues to be influenced by global economic conditions and its role as a safe-haven asset. Gold is currently trading at $3,674.51, down 0.38%. On September 16, the S&P 500 fell 0.13% to 6,606.76 points; the Dow Jones Industrial Average fell 0.27% to 45,757.90 points; and the Nasdaq Composite Index fell 0.066% to 22,333.96 points.
Trending Tokens
BROCOLLI CZ' Dog (+18.97%, Circulating Market Cap: $26.95 Million)
BROCCOLI is trading at $0.03050, up approximately 18.97% in the past 24 hours. CZ’s Dog (BROCCOLI) is a community-driven token on the BNB Chain, originally inspired by Binance founder Changpeng Zhao’s (CZ) pet. It emphasizes decentralized governance, charitable initiatives, and fostering engagement within its ecosystem. BROCCOLI’s price surged above its 7-day SMA ($0.0269) and 30-day EMA ($0.0268), with RSI7 at 70.88 (overbought threshold: 70) signaling short-term bullish momentum. The MACD histogram turned positive (+0.00091), indicating accelerating buying pressure. Traders likely interpreted the breakout above key averages as a buy signal, especially with RSI nearing overbought levels historically linked to short-term rallies. The 24h volume spike (+149.41% to $30.3M) confirms heightened speculative activity.
DYM Dymension (+16.47%, Circulating Market Cap: $91.3 Million)
DYM is trading at $0.2486, up approximately 16.47% in the past 24 hours. Crypto apps are in dire need of ease of use and economic sustainability. Recently, rollups have shown a simple business model that works, fees minus base layer costs equals their profit. As a result, a surge of L2s were deployed each with its own custom implementation, multi-sig bridge, and security assumptions. This led to a fragmented, unsecure, and chaotic user experience diminishing the advantages of rollups and modular blockchains. DYM reclaimed its 30-day SMA ($0.223) and 7-day EMA ($0.222), with RSI14 at 49.28 – neutral but rising. Breaking above $0.23 (July 2025 resistance) triggered algorithmic buying. However, the 200-day SMA at $0.288 looms as overhead resistance.
PRAI Privasea AI (+9.88%, Circulating Market Cap: $5.17 Million)
PRAI is trading at $0.02119, up approximately 9.88% in the past 24 hours. Privasea AI (PRAI) is a privacy-focused blockchain project combining confidential AI computation with Proof-of-Humanity verification to secure sensitive data in Web3 applications. The Altcoin Season Index rose to 70 (up 25% weekly), reflecting capital rotation into smaller projects. PRAI broke above the 23.6% Fibonacci retracement ($0.0219) with RSI7 at 64.54 (approaching overbought) and MACD histogram turning positive (+0.00027). The Fibonacci breakout suggests traders are targeting the 38.2% level ($0.0205). However, RSI nearing 70 could trigger profit-taking. The 7-day SMA ($0.0168) now acts as support.
Market News
Sui Jumps Nearly 4% After Google Selects It as Launch Partner for AI Payments Protocol
Sui rose nearly 4% over the past 24 hours after being selected as a launch partner for Google’s new Agentic Payments Protocol (AP2), a standard designed to let AI agents conduct financial transactions for users. The token’s move from $3.509 to $3.622 marked a 3.22% gain, with trading spanning a $0.183 range. By contrast, the CoinDesk 20 index rose just 1% over the same period.
The AP2 announcement added momentum to a token that had already shown bullish strength. Volume surged to 33.14 million during a breakout — nearly four times the 24-hour average of 8.73 million. That jump in activity, along with higher lows and steady bids above $3.50, points to possible institutional accumulation.
Google’s Agentic Payments Protocol is an emerging standard aimed at enabling AI agents to carry out payments and other financial operations on behalf of users. The protocol is part of a broader effort to bridge smart contracts, real-world payment rails, and machine autonomy.
Bitwise Files ETF Proposal Focused on Tokenization and Stablecoins Amid Growing Interest
Asset management firm Bitwise has put forward an exchange-traded fund proposal that focuses on tokenization, as interest in that sector surges. The firm filed a prospectus on Tuesday for the Bitwise Stablecoin & Tokenization ETF, which, if approved by the U.S. Securities and Exchange Commission, would invest "provide exposure to assets poised to benefit from the growing adoption of stablecoins, tokenization and fundamental shifts in how financial assets are exchanged and settled," according to the filing.
Bitwise's filing is the latest proposal for a crypto ETF as more firms look to get the SEC's sign-off on dozens of similar funds. Just yesterday, the firm filed an S-1 for an ETF tracking AVAX, the native token for the Avalanche Layer 1 blockchain.
Bloomberg Senior ETF Analyst Eric Balchunas said Bitwise's ETF could launch around the end of November.
"Bitwise w a new filing for a Stablecoin & Tokenization ETF which will have sleeve of equities and crypto assets seen benefiting from those two trends," Balchunas said in a post on X. "40 Act so probably launch around Thanksgiving."
The Federal Reserve Will Announce Its Interest Rate Decision At 18:00 UTC
On September 17, the Federal Reserve will announce its interest rate decision at 18:00 UTC and release a dot plot of its path for rate cuts. Many institutions are optimistic that the number of rate cuts will increase this year:
JPMorgan Chase: The update of this dot plot will show that there is room for three interest rate cuts this year, one more rate cut than the dot plot in June.
Deutsche Bank: The median of the updated dot plot may show a total rate cut of 75 basis points in 2025, 25 basis points more than the forecast in June.
Barclays Bank: The dot plot will show three interest rate cuts this year, one each in 2026 and 2027, while the median forecast for the long-term interest rate remains unchanged at 3.0%.
Bank of Montreal: The median forecast for interest rates at the end of 2025 is expected to be lowered to reflect the possibility of a 25 basis point rate cut at each of the October and December meetings.
Many institutions believe that the dot plot remains unchanged compared to June
Pepperstone Group: The Federal Reserve is likely to disappoint market expectations, and the median of the dot plot is likely to remain unchanged, which will still show that there will only be a cumulative interest rate cut of 50 basis points this year.
UBS Group: The dot plot will show two interest rate cuts this year, while the market expects nearly three rate cuts. In addition, the participants' forecasts for the economic outlook will also be a focus.
Bank of America: Against the backdrop of largely unchanged macroeconomic forecasts, the median Fed interest rate in 2025 will continue to show a 50 basis point rate cut, although the dot distribution will shift downward overall.
Goldman Sachs: The new dot plot is expected to show two rate cuts this year, bringing the total to 3.875%. While the Fed may currently be planning three consecutive rate cuts this year, it may also be believed that there is no need to force this into the dot plot.
Morgan Stanley: It is expected that the median of the dot plot will still show two interest rate cuts this year, but actual economic data may push the Federal Reserve to cut interest rates continuously for the rest of the year and extend this round of interest rate cuts until January next year.
Reference:
CoinMarketCap. (n.d.). CoinMarketCap.
https://coinmarketcap.com
Farside Investors. (n.d.-a). Bitcoin.
https://farside.co.uk/btc/
Farside Investors. (n.d.-b). Ethereum.
https://farside.co.uk/eth/
Investing.com. (n.d.-a). USA Indices.
https://investing.com/indices/usa-indices
GoldPrice.org. (n.d.).
Spot gold price today. Retrieved September 5, 2025, from
https://goldprice.org/spot-gold.html
CoinDesk. (2025, September 16).
Sui jumps 4% after Google selects it as launch partner for AI payments protocol.
https://www.coindesk.com/markets/2025/09/16/sui-jumps-4-after-google-selects-it-as-launch-partner-for-ai-payments-protocol
The Block. (2025, September).
Bitwise files ETF proposal focused on tokenization and stablecoins amid growing interest.
https://www.theblock.co/post/370921/bitwise-files-etf-proposal-focused-on-tokenization-and-stablecoins-amid-growing-interest
Yahoo Finance. (2025, September).
Bitcoin
traders
looking
to
key data.
https://finance.yahoo.com/news/bitcoin-traders-looking-key-data-053756466.html
CoinCatch Team
Disclaimer:
Digital asset prices carry high market risk and price volatility. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance. CoinCatch is not responsible for any losses that may occur. This article should not be considered financial advice.
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