That price table you saw at the beginning is looking greener than it has in weeks.
So, let’s run through what the top coins are cookin’ 👇
Bitcoin
Bitcoin’s back to prices we haven’t seen in three weeks, thanks to the CPI report (aka a key measure of inflation) coming in exactly as expected.
Traders read the report as: “The Fed’s gonna cut interest rates.”
And a rate cut = cheaper borrowing = more appetite for risky stuff like crypto.
On top of that, Bitcoin ETFs had $1.6B in inflows this week, which also added to the upward pressure.
Next steps:
👉 If BTC stays above $115K – $116K → that’s the floor, and bulls could push us toward $120K+;
👉 If it slips below $113K – $112K (or worse, $109K) → we might head toward $100K.
Ethereum
Ethereum bounced back above $4.5K.
According to CryptoQuant contributor Crazzyblockk, ~1.7M ETH were added to accumulation addresses at $4.3K – $4.4K. Translation of what that means:
👉 These wallets only receive ETH and don’t send it out, so the coins are effectively taken off the market;
👉 That also means a large share of holders bought in around that price range.
So, if ETH stays above $4.3K – $4.4K, those holders are sitting on gains and are more likely to keep holding, which supports the price.
But if ETH drops below that zone, a lot of them would be holding losses. That might flip psychology, selling pressure could kick in, and prices could get pushed down.
XRP
XRP is trading between $2.70 and $3.00.
👉 Resistance is near $3.30, then $3.50 if bulls are really feelin’ themselves.
👉 Support levels to watch are $2.90 and $2.77.
And which way is it gonna go? Well, that may depend on what happens with the batch of spot XRP ETF applications due in October – November.
Approval could bring a whole lotta institutional money. More delays? Probably more time spent below resistance.
Solana
Solana’s trading at levels not seen since February, after it broke above a key technical level at $220.
The rally picked up after Galaxy Digital bought $486M worth of SOL in a single day. Retail traders are adding momentum too, but it’s the consistent institutional buying that strengthens the bullish picture.
Now what? Trader Crypto Jelle says that the next hurdle’s at $250. Clear that, and the runway looks wide open.
Last but not least:
BNB
BNB actually set a new all-time high today!
This came after Binance announced a partnership with Franklin Templeton, a global investment manager overseeing $1.6T in assets.
The two companies will work together on the tokenization of securities – basically turning assets like stocks into blockchain-based tokens.
Binance provides the trading infrastructure, while Franklin Templeton brings expertise in managing regulated investment products.
And since BNB is Binance’s native token, any major expansion of the exchange’s ecosystem tends to increase demand and confidence in BNB itself.
As for the price levels to watch:
👉 Resistance: $908 and $920;
👉 Support: $898 and $888.
So yeah, feels like the market finally had its morning coffee.
Let’s just hope it’s not decaf… 😬
