Coincatch App
Trade smarter
Crypto MarketHot Topics
CoinCatch Market Daily Report (September 30, 2025)
Intermediate
2025-09-30 | 10m
On September 30, the market continued to rebound, and confidence recovered. Bitcoin returned above the $114,000. Meanwhile, Bitcoin staking has gone live on Starknet, which the project describes as the first trustless way BTC can be staked on Layer 2. The U.S.-listed Bitcoin and Ethereum spot exchange-traded funds collectively attracted more than $1 billion in net inflows on Monday. On September 30th, less than 48 hours before the October 1st deadline for the US government shutdown, Trump met with leaders of both houses of Congress.
Crypto Market Overview
BTC (+2.00% | Current Price: $113,997.47)
Bitcoin gained 2.00% to $113,997 over the past 24h. Ethereum Layer-2 Starknet introduced Bitcoin staking on September 30, enabling BTC holders to earn STRK rewards while retaining custody. The Starknet Foundation allocated 100M STRK ($12M) to incentivize BTC-based DeFi activity. Expands Bitcoin’s utility beyond store-of-value into yield-generating DeFi, attracting new capital. The CFTC and SEC resolved jurisdictional disputes over crypto oversight on September 30, signaling smoother regulatory coordination ahead. BTC holds above critical levels with RSI 14 at 53.56 (neutral but rising from oversold) and Fibonacci 23.6% retracement support at $115,400 held, which means bullish momentum confirmed by sustained spot volume ($6.61B) and derivatives open interest ($1.11T). On September 29th, BTC ETFs saw a net inflow of $518 million, including $298.7 million inflow from Fidelity's FBTC.
ETH (+2.11% | Current Price: $4,192.10)
Ethereum increaed by 2.11% over 24h. TH bounced from the 38.2% Fibonacci retracement level ($4,406) and is testing resistance at the 50% level ($4,296). The RSI (47-50) shows neutral momentum, while narrowing MACD histogram bars suggest bearish pressure easing. Traders interpreted the dip below $4,200 as a buying opportunity, with liquidation clusters near $4,100 acting as support. ETH’s 30-day volatility (-6.07%) created asymmetric upside potential for short-term traders. Developers confirmed Ethereum’s Fusaka upgrade for December 3, introducing PeerDAS to boost Layer-2 data capacity by 8x. Testnets (Holesky, Sepolia) will activate upgrades in October (DL News). This addresses Ethereum’s scalability bottlenecks, directly benefiting DeFi and NFT ecosystems. On September 29th, ETH ETFs saw an inflow of $546.9M, with BlackRock's ETHA saw an inflow of $154.2 million and Fidelity's FETH saw an inflow of 154.2 million.
Altcoins
Fear in the cryptocurrency market has eased from last week's extreme levels, with initial signs of capital inflows into altcoins. The Fear & Greed Index currently stands at 43, while sentiment remains in "neutral" territory. However, it has recovered significantly from last week's "fear" reading of 32, indicating a decrease in market panic. The Altseason Index currently stands at 43, off its lows, indicating early signs of a rotation from Bitcoin to altcoins, but not yet entering altcoin season (which typically requires a reading above 75). Some altcoins, such as ZEC and PUMP, have seen double-digit gains. During a market rebound, some altcoins have shown strong performance, leading the market and signaling a return of risk appetite.
The rebound suggests that the panic selling triggered by the index's drop to a multi-month low last week may have come to an end, and market sentiment is gradually recovering from "extreme fear."
Macro Data
Federal Reserve Board Governor Waller explicitly stated that "stablecoins should be subject to regulatory protections and have more payment options." The Federal Reserve meeting minutes will be released at 02:00 AM Beijing time on
October 1st. These minutes may reveal more about Fed officials' internal discussions on inflation and the future path of interest rates, providing key clues for the market to predict policy direction. The US September non-farm payroll report and unemployment rate data will be released this Friday (
October 4th). Furthermore, the Consumer Price Index (CPI), a key inflation indicator, will be released on October 15th. These data will directly influence market expectations of the Fed's monetary policy. On September 30th, the S&P 500 gained 0.26% to 6,661.21 points; the Dow Jones Industrial Average gained 0.15% to 46,316.07 points, and the Nasdaq Composite rose by 0.48% to 22,591.15 points.
Trending Tokens
ALPINE Alpine F1 Team Fan Token (+22.26%, Circulating Market Cap: $125.66 Million)
ALPINE is trading at $6.71, up approximately 22.26% in the past 24 hours. Alpine F1 Team Fan Token (ALPINE) is the first Formula One-themed fan token by Binance — the world's biggest and most popular cryptocurrency exchange. The recent significant price increase of the Alpine F1 Team Fan Token (ALPINE) is primarily due to a surge in trading activity, the token's limited circulating supply, potential large holders, and market anticipation for F1-related events. The small holder base (approximately 5,721) makes it easier for capital to drive the price. A significant number of tokens remain unlocked, potentially creating selling pressure once they enter the market.
KAITO KAITO (+17.93%, Circulating Market Cap: $374.49 Million)
KAITO is trading at $1.55, up approximately 17.93% in the past 24 hours. KAITO in crypto refers to an AI-powered Web3 platform designed to address the problem of fragmented and overwhelming information in the cryptocurrency space. It functions as a specialized crypto search engine, using AI to aggregate and analyze data from thousands of sources like social media, forums, research papers, and podcasts, converting it into actionable insights for investors and traders. New project launches on the Kaito Capital Launchpad have been a major catalyst for recent price increases. For example, the public token sale for Limitless (LMTS) launched on September 25, 2025. These events typically require users to lock (stake) KAITO tokens to participate in the distribution, directly increasing demand for KAITO and reducing the circulating supply. Previous public sales on the Launchpad for projects like Everlyn AI and playAI Network were also oversubscribed, pushing the platform's locked-in value to over $170 million, demonstrating the ecosystem's strong growth. The allure of high returns: On the DeFi protocol Pendle, KAITO's yield token (YT) offered an implied annualized yield of as high as 75.23%. Such high yields attracted a large number of yield-seeking investors to the underlying asset, driving up KAITO's price and awareness.
SNX Synthetix (+15.12%, Circulating Market Cap: $227.86 Million)
SNX is trading at $1.16, up approximately 15.12% in the past 24 hours. Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity and low fees serve as a backend for many exciting protocols on both Optimism and Ethereum. Many user-facing protocols in the Synthetix ecosystem, such as Kwenta (Spot and Futures), Lyra (Options), Polynomial (Automated Options), and 1inch & Curve (Atomic Swaps), tap into Synthetix liquidity to power their protocols. Synthetix announced Ethereum’s first perpetual decentralized exchange (DEX), launching in Q4 2025 with a $1M trading competition starting October. The platform will offer gasless trading, multi-collateral support (e.g., wstETH, cbBTC), and integration with DeFi protocols like Aave, which means demand for SNX: The DEX uses SNX-backed sUSD for collateral, incentivizing staking and token utility. Early adopters gain whitelist access and rewards, driving short-term accumulation.
Market News
Starknet Introduces Bitcoin Staking and Yield Product in BTCFi Expansion
Bitcoin staking has gone live on Starknet, which the project describes as the first trustless way BTC can be staked on Layer 2. Holders can earn rewards while keeping custody of their assets and helping secure the network's consensus process — a move Starknet has branded the "Bitcoin strategy for OGs."
The mechanism does not alter Bitcoin's base layer, which uses a proof-of-work consensus mechanism and does not support staking natively. Instead, Starknet's initiative relies on wrapped versions of BTC — such as WBTC, tBTC, Liquid Bitcoin, and SolvBTC — that can be delegated to Starknet. These assets can also now participate in Starknet's consensus alongside STRK following an onchain vote in August. On Starknet, these tokenized holdings are secured by zk-STARK cryptography, which provides post-quantum security with a track record in production.
In parallel, the Starknet Foundation is allocating 100 million STRK ($12 million) to boost the BTCFi ecosystem on Starknet. This includes incentivizing borrowing against BTC, aiming to make Starknet the most cost-effective venue for using bitcoin as collateral and fueling yield strategies.
Ethereum and Bitcoin spot ETFs' combined daily inflows top $1 billion
The U.S.-listed Bitcoin and Ethereum spot exchange-traded funds collectively attracted more than $1 billion in net inflows on Monday — specifically, $547 million for Ethereum ETFs and $522 million for Bitcoin ETFs. Spot Ethereum ETFs, which had endured five straight days of outflows, flipped positive. The nine products logged a total of $547 million in net inflows, according to SoSoValue.
Fidelity’s Ethereum Fund (FETH) led the inflows, drawing $202 million in a single day. BlackRock’s iShares Ethereum Trust (ETHA) wasn’t far behind, adding $154 million. The total net assets under management for Ethereum ETFs now stand at $27.5 billion — equivalent to about 5.4% of Ethereum’s circulating market cap.
Bitcoin spot ETFs mirrored the move with $522 million in net inflows over the same period. Fidelity’s FBTC topped the list, drawing $299 million. ARK 21Shares Bitcoin ETF (ARKB) came in second with $62 million, while most others posted gains. The lone outlier was BlackRock’s iShares Bitcoin Trust (IBIT), which saw a modest net outflow of $46.6 million. The 12 Bitcoin spot ETFs now hold $150 billion in AUM, representing 6.6% of Bitcoin’s total market cap.
The US Government Shutdown is Entering the Countdown and the Release of Key Economic Data Will Be Hindered
On September 30th, less than 48 hours before the October 1st deadline for the US government shutdown, Trump met with leaders of both houses of Congress. The two sides failed to make progress on Democratic demands for extending healthcare subsidies and reversing Trump's Medicaid cuts. Vice President Cyril Vance stated that the US government was "heading for a shutdown," and that if no agreement could be reached, hundreds of thousands of government employees would face pay cuts and the release of key economic data would be hampered.
The US government shutdown will delay the release of key economic indicators (including Friday's monthly non-farm payroll report) and at least temporarily furlough hundreds of thousands of federal employees, while others will continue to provide essential services without pay. The US Bureau of Labor Statistics announced on Monday that it would not release economic data during the potential shutdown. Trump has threatened widespread permanent layoffs of federal employees in the event of a government shutdown. If a shutdown occurs, it would be the first US government shutdown since 2018-2019, following a five-week government funding freeze during Trump's first term, including New Year's Day.
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.
https://goldprice.org/spot-gold.html
The Block. (2025, September 30).
Starknet introduces bitcoin staking and yield product in BTCFi expansion.
https://www.theblock.co/post/372720/starknet-bitcoin-staking-100m-strk-incentives-re7-btc-yield
The Block. (2025, September 30).
Ethereum and Bitcoin spot ETFs' combined daily inflows top $1 billion.
https://www.theblock.co/post/372857/ethereum-bitcoin-spot-etfs-daily-inflows
BlockBeats. (2025, September 30).
U.S. government shutdown countdown begins, release of key economic data to be disrupted.
https://www.theblockbeats.info/flash/314448
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.
Share
