Overview

• Bitcoin dominance sat near 58.3% on September 26 and the Altcoin Season Index registered 69, both short of commonly cited altseason thresholds.
• A late-September sell-off driven by more than $1 billion in liquidations cut across the market, with Bitcoin sliding from about $115,326 on September 22 to roughly $108,859 later that week.
• Major altcoins also dropped over the period, including Ethereum down about 7%, Dogecoin down 7.6%, and Solana down 7.7% with steep seven-day losses for some tokens.
• Earlier in the month, a Federal Reserve 25 bp rate cut briefly lifted total crypto market value to about $4.1 trillion as BTC topped $117,000 and many altcoin sectors outpaced Bitcoin’s gains.
• BNB defied the broader pullback by rising around 10% over the rough weekend and ranking as a top year-to-date large-cap performer, supported by chain activity, token burns, exchange demand, and treasury inflows.