Bitcoin is taking a nap near $115,000, waiting for the Federal Reserve to decide whether to send it into a frenzy or just let it chill for a while. Meanwhile, altcoins are throwing a full-blown rave, now making up 85% of the futures trading volume, according to the number crunchers over at CoinGecko and CryptoQuant. π
Bitcoin: The Calm Before The Fed-geddon
Itβs that time of year when the Federal Open Market Committee (FOMC) holds a meeting to pretend to decide the fate of the economy while Bitcoin, like an anxious teenager, waits for the verdict. This Tuesday marks the start of a two-day meeting, and investors are bracing for a Wednesday that could either launch Bitcoin to the moon or leave it stuck in traffic. Bitcoin hit an all-time high of $124,533 in August, before slipping to $109,907 (because why not?) on September 1. But don’t worry, it’s back in action, trading between $114,395 and $116,833 – at least itβs trying! π
As of now, Bitcoin is hovering around $114,992, giving us a tiny 0.08% daily gain, but still down 2.7% over the last 30 days. Oh, but wait – the yearly gains are up a whopping 99%! π₯ Can we get a round of applause for that? π
Down? Swap to 1-year charts! π
– CoinGecko (@coingecko) September 16, 2025
Altcoins Take Over the Futures World – Move Over, Bitcoin! π
While Bitcoinβs mood swings continue, altcoins have turned into the life of the party, now accounting for 85.2% of all futures trading volume. Ethereum and its fellow crypto comrades are leading the charge, leaving Bitcoin in the dust (again). The gap between Bitcoin and altcoins is widening, and itβs making some traders scratch their heads while others are popping the champagne. π₯
Altcoins (including Ethereum) are leading the dance! πΊ
At this moment, they make up 85.2% of total futures trading volume.
What does this mean for the market? Stay tunedβ¦ π
– Maartunn (@JA_Maartun) September 16, 2025
Traders are diving in, betting on altcoin dominance. But will this new era last, or is it just a speculative trend? That all depends on whether Bitcoin can shake off its slumber after the Fed makes its big decision.
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2025-09-16 20:07