Latest Crypto News and Market Updates – September 18

1. BTC, ETH and SOL rally on Fed rate cut hopes

Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) all surged alongside many altcoins, reflecting market optimism. The main driver: expectations that the Fed will cut rates by 25 bps in September, following dovish remarks from Chair Powell. U.S. equities moved mixed, leaving short-term risks in play.

2. HYPE and PUMP hit new records

HYPE broke past $58, setting a new all-time high. PUMP also reached a record with market cap surpassing $8.4B. Both tokens are leading the current FOMO wave among high-revenue projects.

3. BNB nears $1,000 milestone

BNB climbed to a new peak of $995.44. Within its ecosystem, FORM saw the strongest gains, while previously popular tokens like TST slumped.

4. ASTER jumps 10x despite no Binance listing

Aster DEX’s native token ASTER spiked above $0.42 — more than 10x its launch price. However, it has yet to be listed on Binance, fueling hype but also raising risk.

5. Binance launches perpetuals for 0G

Binance introduced USDT perpetual contracts for 0G, trading at $2.68 in pre-market. Other contracts are in testing, such as XPL (a stablecoin), which trades at $0.68 with low volatility.

6. STBL surges nearly 20x after launch

STBL, a stablecoin project initiated by a Tether co-founder, debuted on Binance Alpha and soared nearly 20x, quickly becoming a hot topic in the BNB ecosystem.

7. EIGEN extends rally for 3rd straight week

EIGEN continued its three-week rally, fueled by bullish narratives tied to Google-related AI infrastructure and backing from major KOLs. Still, some argue it may just be a marketing play.

8. SEC fast-tracks Bitcoin and gold ETP listings

The U.S. SEC approved faster listing procedures for Bitcoin and gold ETPs, paving the way for more crypto ETFs to launch soon.

Overall: Market sentiment is highly optimistic with BTC, ETH, and SOL rallying; HYPE, PUMP, and ASTER leading FOMO; BNB approaching $1,000; STBL and EIGEN in focus; and SEC news fueling ETF expectations.

Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.