Latest Crypto News and Market Updates – September 22

1. BTC, ETH and SOL dip slightly as $310M in positions liquidated

Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) saw only mild pullbacks, but many altcoins plunged. Within one hour, over $310M in positions were liquidated, including $305M in longs. Investors are waiting for tonight’s U.S. stock market session to gauge the next trend.

2. ASTER plunges after touching $2

ASTER briefly hit $2 before dropping sharply to $1.33. On Binance Futures, funding rate remains at +0.09%, suggesting longs still dominate. Other on-chain perps like SUN and Drift also corrected. Meanwhile, AVNT on Base hit $2.6 before retracing.

3. BTC ecosystem tokens surge

BTC ecosystem tokens pumpbtc and merl spiked sharply, both already listed on Binance Alpha. Clear signs show capital rotation at play.

4. BSC ecosystem dumps after weekend FOMO

After a weekend rally, BSC tokens like Lista, CAKE, and THE fell steeply, signaling that recent FOMO cooled off quickly.

5. Ronin Treasury to start RON buyback

Ronin Treasury will begin its RON buyback program on Sept 29. However, RON’s performance has lagged compared to peers, raising doubts on whether buyback “hype” still works.

6. WLFI jumps to $0.25 unexpectedly

WLFI surged to $0.25 despite no major news, showing short-term capital actively trading the token.

7. BNB climbs to $1,084 on strong fee revenue

BNB hit $1,084 as BNB Chain reported over $350M in transaction fees generated in Q3. CZ even joked on X: “Maybe the bull market hasn’t even started yet.”

8. Trump and Musk shake hands publicly after rift

Donald Trump and Elon Musk appeared together at a memorial event hosted by Charlie Kirk. This marks their first public handshake after previous disputes, reportedly thanks to Kirk’s mediation.

Overall: The crypto market showed mixed signals. BTC, ETH, and SOL stayed stable, while altcoins faced sharp liquidations. BNB and WLFI stood out with gains, ASTER and BSC ecosystem corrected, and political developments added extra sentiment drivers.

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.