The cryptocurrency market is experiencing a slight downturn, with investors and traders closely monitoring fluctuations among major digital currencies. Currently, the global market cap has dipped by 0.1%, settling at $3.99 trillion, while 24-hour trading volume remains stable at $163.7 billion. Many prominent cryptocurrencies are exhibiting mixed trends, leading to some assets appearing in red when observing weekly performance.
As of September 24, 2025, eight out of the ten largest cryptocurrencies by market capitalization have reported negative movements over the past week. Bitcoin (BTC) is trading at $112,975, showing no real change in 24 hours but down 2.8% for the week. Ethereum (ETH) follows closely at $4,177.52, with a slight decline of 0.3% in the last day and 7% over the week. Other notable declines include Solana (SOL), which has dropped 2.9% to $212.74 today, and leads weekly losses at 8.5%. Dogecoin (DOGE) is currently priced at $0.2429. In contrast, some altcoins are exhibiting remarkable resilience despite the overall market dip; for example, Aster has surged by 24.8%, while SafePal gained 24.3%.
On the corporate side, a report from crypto firm River indicates that companies are now holding more Bitcoin than exchange-traded funds (ETFs). This accumulation is helping to stabilize prices, especially in light of selling pressure from larger market players.
Adding to the complexity, recent regulatory updates from the U.S. Commodity Futures Trading Commission (CFTC) allowing tokenized assets as collateral in derivatives markets have generated both excitement and uncertainty. Marcin Kazmierczak, Co-Founder of RedStone, described this move as a “watershed moment” for the market, although he highlighted the need for developments in pricing infrastructure and scalability challenges amid a multitude of chains and assets.
Looking at specific price levels, Bitcoin has recently tested support near $112,000, currently sitting at $113,063 with resistance levels identified at $114,000–$116,000, and potential targets extending to $117,500 and $120,000. For Ethereum, the price is at $4,180, facing immediate resistance around $4,300 and $4,500–$4,600, while support is noted at $4,150–$4,100.
Investor sentiment remains cautious, as reflected by a decline in the CMC Crypto Fear and Greed Index, which has decreased to 39, indicating fear in the market compared to 51 just a week prior.
In terms of ETF activity, there have been notable net outflows. For Bitcoin spot ETFs, outflows reached $103.61 million, with Fidelity’s FBTC accounting for a substantial $75.56 million loss. Conversely, BlackRock’s IBIT logged a modest inflow of $2.54 million. In the Ethereum domain, total net outflows amounted to $140.75 million, with Fidelity’s FETH again showing significant losses.
In summary, the current volatility in the cryptocurrency markets can largely be attributed to weekly declines in major assets, cautious ETF flows, and ongoing regulatory scrutiny, all contributing to an environment of consolidation amidst broader market anxieties.
