Crypto Weekly (09/09 – 15/09): Market Recovers Thanks to Returning Buying Demand

The crypto market last week saw Bitcoin recover to above the $60,000 mark, driven by significant buying signals from ETFs and major institutions.

Azc Crypto Weekly

Crypto Market Recap of the Past Week

In the second week of September, Bitcoin (BTC) saw a significant recovery, rising from $54,600 to a peak of $60,600, marking a 6.7% increase. It is currently trading around $58,700.

BTC’s recovery was supported by buying activity from ETFs returning to the market and large institutional investors like MicroStrategy.

Along with Bitcoin’s rebound, Altcoins also benefited, showing impressive growth after a challenging period in late August and early September.

Bitcoin Chart on Tradingview
Bitcoin Chart on Tradingview

Top 10 Best-Performing Coins Last Week

Top 10 Best-Performing Coins Last Week
Top 10 Best-Performing Coins Last Week

Top 10 Worst-Performing Coins Last Week

Top 10 Worst-Performing Coins Last Week
Top 10 Worst-Performing Coins Last Week

Top News Highlights

Token Unlock Schedule This Week

This Week’s Token Unlock
This Week’s Token Unlock

Here are some projects unlocking tokens this week that you should pay attention to:

  • $ARB (2.65%) – $48.01 million
  • $ID (18.23%) – $26.93 million
  • $APE (2.31%) – $11.47 million
  • $LISTA (12.31%) – $8.44 million
  • $PIXEL (7.05%) – $7.29 million
  • $PRIME (1.62%) – $5.87 million
  • $ENA (0.78%) – $3.11 million

Macro News for This Week

This week, we are awaiting a critical announcement:

  • At 18:00 on September 18 (Wednesday), the Federal Open Market Committee (FOMC) will announce its decision on interest rates. A 0.25% rate increase is expected. If the results meet expectations, it would be a positive signal for the USD.
  • At the same time, the FOMC will release its economic forecast. This is crucial information to follow, as it will give insights into the overall economic situation and the Fed’s interest rate direction in the coming months.
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