๐จ Crypto Market Update โ Sept 23, 2025
๐ฐ Bitcoin (BTC) holds near $113K after heavy derivatives liquidations wiped out $1.5B in positions. Support at $113K is key โ a break lower risks deeper volatility.
๐ Ethereum (ETH) slides ~7% this week, under pressure with weak momentum.
โก Altcoins (SOL, XRP, DOGE, FLOKI) also face declines as risk appetite softens.
๐ Regulatory Shifts:
USโUK launch Transatlantic Taskforce to align crypto & capital market rules (report due in 180 days).
White House pushes Crypto Market Structure Bill to clarify SEC/CFTC oversight & strengthen infrastructure.
Bullish secures NYDFS BitLicense & Money Transmission License โ expansion in New York.
๐ Sentiment: Bearish tilt; leveraged washouts highlight fragile support zones. Traders eye whether BTC can reclaim $115Kโ118K or sink below $113K.