Ghiles A.

The digital asset market changed pace after the rebound observed last week. Bitcoin now surpasses Tesla and Samsung in market capitalization, according to reported data. This progress follows a price rise up to 81,914 dollars on Saturday. Market capitalization reaches 1,615 billion dollars, ahead of two widely followed global groups. The ranking places the digital asset at 13th among monitored assets. Tesla holds 14th place, while Samsung ranks 15th, behind it.

Last week, the crypto market resisted several macroeconomic shocks. After a drop to 75,000 dollars, bitcoin regained ground, reaching nearly 82,000 dollars on Sunday. However, this rebound lost momentum when buyers attempted to cross this zone. Tensions in the Middle East revived caution, while a technical signal confirmed the slowdown of the movement. ETF flows and liquidations provide keys to understanding the correction.

The bitcoin market experienced an unusual rebound in August, without a wave of new bullish bets. In five days, the price gained 24.6%, while the open interest denominated in cryptocurrency fell by 12.6%. A report from Glassnode and Bybit links this rise to liquidations of short positions. About 64,000 BTC of open interest disappeared during this phase. Sellers fueled the movement, while the options market confirmed persistent bearish pressure.

The crypto market is recovering, and a simple message raises questions again. Billy Markus, cofounder of Dogecoin, posted a short phrase on X without providing further explanations. However, Markus did not mention any specific asset. The link to Dogecoin remains uncertain, even though his message occurs during a general price recovery. His message comes as several major cryptocurrencies show significant gains over twenty-four hours. In this context, the publication quickly attracted the community's attention.

The crypto market has just gone through a busy week, between American inflation, the Fed's decision, and the vote on CLARITY. Bitcoin has nevertheless returned to levels it hadn't reached for two weeks. After several sharp movements, buyers gradually took control again. The Senate's rejection of the bill and the rate hikes by the Fed and then the BOJ did not prevent the market from restarting. The journey remains marked by high volatility and several rapid reversals.

The cryptocurrency market is going through a particular moment as the US Federal Reserve has just raised its rates. This decision, the first since 2023, triggered only a limited reaction on bitcoin. On Thursday, investors are watching the next steps of US monetary policy and their potential effect on risky assets. Between bond yields, the dollar, and inflation, the context remains tense. Yet, crypto prices show relative stability, while some altcoins display more marked movements.

The crypto market is retracing a scenario recently observed during the previous monetary tightening cycle. After the Federal Reserve's first rate hike in more than three years, bitcoin is evolving in a configuration reminiscent of 2022. At that time, its decline preceded the March decision, followed by a temporary rebound and then a new drop. However, the market's maturity limits this comparison. The coming weeks will allow us to observe whether this historical parallel maintains a clear scope.

The data recorded on blockchains often gives the impression of providing an accurate reading of financial flows. However, a study by the Bank for International Settlements (BIS) shows that certain metrics can vary depending on the method used. For bitcoin, researchers noted a gap of up to six times in the estimation of the value of transfers made on the blockchain. This difference does not concern exchanges carried out on platforms, but rather the interpretation of transactions recorded directly on the network.

The crypto market is entering a new phase according to Dan Tapiero, who sees potential for Bitcoin. The macro investor estimates that its value could reach $20 trillion by 2035, ten times its current level. This projection also concerns Ethereum, Solana, and companies related to digital assets. For Tapiero, several macroeconomic signals marked a possible bottom, while a new driver could come from artificial intelligence agents and their blockchain transactions in the long term.

Bitcoin is entering a week dominated by two major political and monetary events. On Tuesday, September 15, the U.S. Senate is set to vote on closing debates on the CLARITY Act. On Wednesday, the FOMC will announce its interest rate decision. However, positioning data shows traders have already adjusted their exposure. Since the beginning of the month, open positions have significantly decreased, while the price has declined more moderately. This reset could already change the dynamics of upcoming sessions.

The inter-chain liquidity protocol Symbiosis recovered about 15 BTC after a flaw targeting its Bitcoin bridge. The September 11 incident led the project to suspend its Bitcoin Bridge service and isolate the affected infrastructure. Meanwhile, Symbiosis restored bitcoin trading thanks to Chainflip and THORChain. The protocol also offers a 20% bounty to recover the remaining funds. This operation comes as several bridges have undergone a massive creation of unbacked tokens.

Revolut no longer just integrates cryptocurrencies into its banking app. With the launch of EURR, the development of Revolut X, and its new regulatory approaches, the fintech is building a much broader crypto offering. Maxim Krasnov, founder of Construct.tech, analyzes this evolution as a rapprochement between banking and digital assets. His analysis notably highlights the role of Bridge, a company owned by Stripe, in the issuance of the stablecoin. This strategy now extends to several markets and various uses.

The crypto market enters a new phase of uncertainty as Goldman Sachs revises its monetary scenario. The American bank now forecasts a Fed rate hike next week, following stronger-than-expected core inflation in August. This change comes as bitcoin trades below $80,000. Investors have adjusted their expectations, with the probability of a hike now approaching 90%. The September decision could impact market reactions.