๐จ Crypto Market Update โ 20 Sept 2025
๐ฐ Bitcoin (BTC) holds around $116.5K, consolidating after the Fedโs 25 bps rate cut. Resistance remains at $120K.
๐ Ethereum (ETH) & majors slipped 1-3% on profit-taking.
โก Total Market Cap: ~$3.92T
๐ Macro & Regulation
๐ฆ Fed easing lifts sentiment across risk assets.
๐ SEC greenlights faster, cheaper rules for listing crypto ETFs.
๐ฌ๐ง UK BoE proposes stablecoin holding caps, sparking industry pushback.
๐ง๐ญ Bahrain rolls out new laws to regulate BTC & stablecoin trade.
โ ๏ธ Risks Ahead
๐ฅ High liquidation risk in September derivatives markets.
๐ Key resistance levels: BTC $120K | ETH recovery stalled below ATH.
๐ Ongoing global regulatory scrutiny on stablecoins & data governance.
๐ฎ Outlook
Crypto markets stay cautiously bullish โ liquidity from rate cuts may fuel upside if BTC breaks $120K. All eyes on ETF approvals & stablecoin regulations.