MarketAlert – Real-Time Market & Crypto News, Analysis & AlertsMarketAlert – Real-Time Market & Crypto News, Analysis & Alerts
Font ResizerAa
  • Crypto News
    • Altcoins
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
    • Press Releases
    • Latest News
  • Blockchain Technology
    • Blockchain Developments
    • Blockchain Security
    • Layer 2 Solutions
    • Smart Contracts
  • Interviews
    • Crypto Investor Interviews
    • Developer Interviews
    • Founder Interviews
    • Industry Leader Insights
  • Regulations & Policies
    • Country-Specific Regulations
    • Crypto Taxation
    • Global Regulations
    • Government Policies
  • Learn
    • Crypto for Beginners
    • DeFi Guides
    • NFT Guides
    • Staking Guides
    • Trading Strategies
  • Research & Analysis
    • Blockchain Research
    • Coin Research
    • DeFi Research
    • Market Analysis
    • Regulation Reports
Reading: Crypto update: Bitcoin, Ethereum see profit booking; BNB eyes fresh high
Share
Font ResizerAa
MarketAlert – Real-Time Market & Crypto News, Analysis & AlertsMarketAlert – Real-Time Market & Crypto News, Analysis & Alerts
Search
  • Crypto News
    • Altcoins
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
    • Press Releases
    • Latest News
  • Blockchain Technology
    • Blockchain Developments
    • Blockchain Security
    • Layer 2 Solutions
    • Smart Contracts
  • Interviews
    • Crypto Investor Interviews
    • Developer Interviews
    • Founder Interviews
    • Industry Leader Insights
  • Regulations & Policies
    • Country-Specific Regulations
    • Crypto Taxation
    • Global Regulations
    • Government Policies
  • Learn
    • Crypto for Beginners
    • DeFi Guides
    • NFT Guides
    • Staking Guides
    • Trading Strategies
  • Research & Analysis
    • Blockchain Research
    • Coin Research
    • DeFi Research
    • Market Analysis
    • Regulation Reports
Have an existing account? Sign In
Follow US
© Market Alert News. All Rights Reserved.
  • bitcoinBitcoin(BTC)$77,338.00-0.40%
  • ethereumEthereum(ETH)$2,312.01-0.48%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.42-1.22%
  • binancecoinBNB(BNB)$629.11-1.32%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$85.67-0.78%
  • tronTRON(TRX)$0.3243990.06%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.040.66%
  • dogecoinDogecoin(DOGE)$0.097694-0.58%
Crypto News

Crypto update: Bitcoin, Ethereum see profit booking; BNB eyes fresh high

Last updated: September 22, 2025 4:45 pm
Published: 7 months ago
Share

The cryptocurrency markets have witnessed a pullback, signaling a cooling of short-term momentum rather than a reversal of the broader bull cycle. The bulls failed to intensify volatility over the past weekend, and as a result, Bitcoin’s price dropped below $112,000. Although ETH, XRP, DOGE, ADA, and SOL plunged below their respective support levels, Binance Coin (BNB) held above $1,000 and is heading towards a new all-time high (ATH).

One of the major causes for the downfall could be $230 million in longs that were liquidated in the past few hours, according to the CoinDCX research team. Utilising this opportunity, Metaplanet purchased an additional 5,419 BTC, valued at $632.5 million, bringing the total to 25,555 BTC, worth $2.7 billion. “In the meantime, Bitcoin’s Market Cap has surged to $2.24 trillion, higher than most countries’ GDP.

Bitcoin, Ethereum see profit booking

At last check, Bitcoin was trading at $112,918, marking a fall of 2.5 per cent over the past 24 hours. According to CoinMarketCap, the asset traded within a range between $112,209 and $115,901 during the session. Its daily trading volume surged to $45.12 billion.

Over $630 million in liquidations, driven by a 26 per cent surge in derivatives open interest, Riya Sehgal, research analyst, Delta Exchange, said, shows how leveraged traders were caught off-guard. Bitcoin’s failure to hold $117,750, she said, underscores fragile technicals.

That said, despite profit booking, Edul Patel, CEO of Mudrex, believes the outlook remains bullish. On-chain data shows that exchanges recorded outflows of more than 420,000 ETH in the past week alone. ETH was last trading at $4,206, down 6 per cent, with intraday price fluctuations between $4,142 and $4,499. Trading volume reached $43.32 billion.

“BTC must reclaim $116,000 to regain momentum, with $124,000 as the breakout level for the next leg higher, while ETH bulls need to defend $4,250 to avoid deeper downside,” said Sehgal.

Also Read

BTC slips to $117k on profit-taking; ETH eyes breakout, altcoins diverge

Crypto news: Here’s how BTC, ETH, altcoins are faring after US Fed rate cut

Rate cut expectations boost Bitcoin: Is the next bull run on the cards?

Cautious crypto market awaits US Fed policy outcome amid rising ETF inflows

Crypto update: Bitcoin rises, ETH slips; investors await US Fed decision

“Investors moving ETH off exchanges typically indicate reduced intent to sell, strengthening the case for an upside. Looking ahead into the week, macroeconomic data such as the US initial jobless claims, PMI data, and Jerome Powell’s speech could influence the market momentum,” said Patel.

Story (IP) outperfoms

Among the altcoin space, Story (IP) was the top performer for the day with a rally of up to 15 per cent, while MemeCore (M), PAX Gold (PAXG), and Tether Gold (XAUt) were the gainers on CoinMarketCap with a surge of up to 2 per cent. Conversely, Aster (ASTER), Pump.fun (PUMP), Pi (PI), Conflux (CFX), Curve DAO Token (CRV), Sonic (S), Optimism (OP), Raydium (RAY), Celestia (TIA), Virtuals Protocol (VIRTUAL), Arbitrum (ARB), FLOKI (FLOKI), and Worldcoin (WLD) saw a fall of up to 16 per cent.

More From This Section

Cybersecurity audits mandatory for crypto exchanges amid rising thefts

US Fed rate cut hopes fuel crypto rally; altcoin index hints at altseason

Crypto stages recovery: BTC breaks $114k, ETH tops $4.4k; US CPI data eyed

India takes cautious approach on cryptocurrencies, RBI cites concerns

Crypto update: Here’s how Bitcoin, ETH, other altcoins are faring today

Read more on Business Standard

This news is powered by Business Standard Business Standard

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook

Like this:

Like Loading...

Related

‘I’m part of a blended family that didn’t blend well’: My stepsister added her mailing address to our mother’s bank account. Can she be trusted?
Grayscale’s Chainlink ETF (GLNK) Lists on NYSE Arca, LINK Price Jumps
ERC-8004 Standard has been deployed to the Ethereum mainnet – Lookonchain – Looking for smartmoney onchain
XRP Breakout Or Bull Trap? Is Ripple The Sleeper 2026 Opportunity Or Just Maximum Risk?
Crypto News: Custodia and Vantage Banks Launch Blockchain Solution for Tokenized Deposits

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article Bitcoin plunges below $113K as on-chain signals weaken and capital shifts to altcoins
Next Article Ethereum falls below $4,200 as crypto market sentiment shifts bearish
© Market Alert News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Prove your humanity


Lost your password?

%d