Breakout or Another Fakeout?

DAILY MARKET OVERVIEW

Pre-FOMC Fireworks

👋 Hey, Crypto Enthusiasts! September is bringing the heat up fast. Let’s dive right in.

BTC has finally broken out after weeks of failed attempts, ripping all the way to $114K. Now it needs to hold this level through the rest of the week to truly confirm strength.

What sparked the move ❓️ 

• Japanese BTC Treasury Metaplanet is raising billions yet again to stack more BTC.

• ETF inflows remain steady, keeping pressure balanced.

• And the big one: US PPI came in way lower than expected, signaling cooling inflation and easing pressure on the Fed.

🐂 Markets jumped instantly. A weakening dollar plus softer inflation = bullish fuel for risk assets.

But here’s the catch: FOMC is just 7 days away.

Odds for a cut sit at 100% on the FedWatch Tool, meaning the cuts are very likely priced in. That sets us up for a possible sell-the-news reaction if the Fed delivers what’s expected.

👉 Next up:

• Tomorrow: CPI + Initial Jobless Claims Data - confirmation here could extend the rally.

• Next week: FOMC decision - high volatility event.

Overall: The setup is bullish into the data, but stay nimble. Rate cuts are expected, so the reaction may matter more than the decision itself.

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SOCIAL SENTIMENT

Bitcoin Dominance & Altcoin Rotation

With rate cuts essentially locked in, capital is rotating out of stables and BTC into alts. Both stablecoin dominance and BTC dominance are falling, a clear sign that traders are chasing higher beta plays.

• 🏦 SOL, HYPE, and MNT are among the big caps already showing strong runs.

• 📊 The “Others” chart, which tracks the market cap of altcoins outside the top 10, suggests plenty of room left. A revisit to its previous ATH would mean a 50% gain from here, and a breakout above could unlock even more upside.

But nothing moves in a straight line.

With FOMC right around the corner, shakeouts are likely before any sustained uptrend.

👉 Overall: Altcoin momentum is building, but expect volatility. The real trend could kick in during Q4 once rate cuts are behind us.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Binance partners with Franklin Templeton on tokenization
Binance is teaming up with $1.6 trillion asset manager Franklin Templeton to co-develop tokenized funds and securities, aiming for faster settlement and broader investor access.

Metaplanet raises $1.4B to buy more bitcoin
Japan’s Metaplanet will issue 385 million new shares to raise $1.4 billion, with most of the proceeds set aside for direct bitcoin purchases.

Paxos pitches PayPal rails for Hyperliquid stablecoin
Paxos has proposed integrating USDH into PayPal and Venmo while reinvesting revenue into growth, competing against Frax and others to issue the new stablecoin.

Kraken expands tokenized stocks to Europe
Kraken is rolling out its xStocks product in Europe, giving access to tokenized U.S. equities like Nvidia and Google, with $3.8B already traded.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Bankless – Hyperliquid: The Fastest Growing Exchange in Crypto? (10.09.2025 Summary)

Bankless looks at Hyperliquid, a fast perp exchange. Goal: see if HYPE still has room.

Main points

• What it is - A trading app for crypto perps (perps = futures with no expiry).

• Why people use it - Feels like a big exchange, but you keep your own wallet. It’s fast, lists new coins quickly, and has deep liquidity.

• Real money coming in - Makes millions per day in fees from a small, very active group of traders.

• HYPE token design - Most fees are used to buy HYPE on the market and hold it. That can support price by reducing liquid supply.

• Launch story - No VC sell pressure at launch, big airdrop built a loyal community. Team tokens start unlocking around November.

• Now bigger than an app - Added Hyper EVM so other DeFi apps can plug into its liquidity.

• Main risks

  • Fewer validators today (more centralized than Ethereum)

  • Bridge risk when moving funds in

  • Possible KYC/AML pressure in the future

  • Not ideal for long-term storage of funds

Outro
Takeaway: great product and cash flow, real risks. Good for active traders. Long-term holders should size carefully.

Josh Olszewicz – September Setups: Crypto, Equities, Bonds & Metals (10.09.2025 Summary)

Josh’s message for September is simple: don’t force trades. Lots of charts look like “nothing to do” right now.

Crypto

• Bitcoin & ETH – Both stuck in boring ranges. No clear setups until higher levels break.

• Alts – Most look weak unless BTC/ETH move first. Only standouts:

  • Solana – Still showing relative strength, making higher highs.

  • HYPE – Holding strong, maybe a small breakout toward 65–78.

• Overall – September is probably “wait and see” for crypto. Better setups may come in October.

Stocks & Macro

• US equities (S&P, QQQ) – Choppy, not much clean to trade. If tech breaks down, it could drag crypto.

• China stocks – Breaking up after years of consolidation. May look better than US big tech.

• Bonds & gold – Both look strong right now. Gold has been rallying since Jackson Hole with no clear top yet.

Josh’s bottom line

• Most crypto = nothing to do.

• Focus on relative strength (like SOL, HYPE).

• Bonds and gold might be better trades this month.

• Patience is key - October could bring real opportunities.

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