Current Cryptocurrency News for Sunday, 28th September 2025: Bitcoin Holds at $110k, Ethereum Around $4,000, Overview of the Top 10 Largest Cryptocurrencies, Market Trends, Institutional Investments and Q4 2025 Forecast.
As of the morning of 28th September 2025, the cryptocurrency market is relatively stable following a recent correction. The total market capitalisation remains around $4 trillion, and volatility is moderate. Bitcoin has maintained most of its positions after the September pullback; leading altcoins are consolidating amidst partial profit-taking from investors. Macroeconomic uncertainties — such as the looming threat of a government shutdown in the US — continue to dampen risk appetite. However, institutional investors remain interested in digital assets, viewing current price levels as attractive for long-term investments.
Bitcoin Holds the Line at $110,000 Over the Weekend
The leading cryptocurrency, Bitcoin (BTC), is trading at approximately $110,000 as of the morning of 28th September, continuing to consolidate after a recent pullback. BTC remains above the psychological marker of $110k, although it is still below the August all-time high of around $124.5k. Over the past week, its price has decreased by about 2%. Bitcoin's market capitalisation is estimated at approximately $2.3 trillion, equating to around 60% of the total cryptocurrency market capitalisation.
Investor attention is focused on budget disputes in the US: the threat of a government shutdown on 1st October intensifies uncertainty and forces some players to reduce their positions in risky assets, including cryptocurrencies. Even a record options expiry on 26th September (worth around $22.6 billion) only briefly elevated volatility — Bitcoin has remained within its range of approximately $107–112k.
The range of approximately $107–110k now serves as a critical support zone for Bitcoin. As long as the price remains above these levels, major market players are using pullbacks for accumulation. Exchange data indicates that large 'whale' orders are actively buying the dips, signalling ongoing confidence in Bitcoin's further growth in the coming months.
Ethereum Maintains the $4,000 Mark
Ethereum (ETH), the second-largest crypto asset by market capitalisation, has also experienced a correction following a summer rally. In August, its price peaked at around $4.8k, close to the all-time high of 2021, but has retreated to approximately $4,000 by the end of September. Last week, ETH briefly dipped below $4,000 for the first time in two months, but quickly rebounded above this threshold. As of the morning of 28th September, Ether is trading around $4,000, roughly 3% lower than the previous week.
Despite the pullback, Ethereum retains its status as the second-largest crypto asset, with a market capitalisation of about $540 billion (approximately 14% of the total market). The fundamental metrics of the network remain robust: Ethereum dominates the decentralized applications (dApp) and DeFi space. Institutional investors continue to show steady interest in ETH: in 2025, the first spot ETFs for Ether were launched in the US, simplifying access to this asset for major players. The inflow of funds into Ether-based funds slowed in September amidst market corrections, but remains substantial, reflecting investors’ confidence in Ethereum's long-term potential.
Altcoins Under Pressure, But Growth Continues in Some Areas
In the second half of September, the broader altcoin market has been under pressure: many major coins are correcting after impressive gains in previous months. In recent days, the prices of most crypto assets in the top 10 have decreased by 2–5%. The combined market capitalisation of altcoins (excluding BTC) has fallen below $1.7 trillion, though this is still significantly higher than the levels seen at the beginning of the year. Investors are taking profits earned over the summer, leading many popular altcoins to enter a consolidation phase.
Meanwhile, some assets are holding onto a significant portion of their recent gains or even continuing to appreciate due to positive news. For instance, XRP is trading around $2.8 and is close to its multi-year high (around $3.0). The legal clarity regarding the status of the token in the US following Ripple's court victory against the SEC has restored investor confidence, placing XRP back among the market leaders. Binance’s exchange token, Binance Coin (BNB), remains above $900, closely aligned with its peak value, despite regulatory pressure on Binance. Notably, Solana (SOL) saw its price exceed $200 for the first time in several years last week due to speculation regarding the imminent approval of the first ETF on Solana in the US. Currently, SOL has eased slightly and is trading at around $195, remaining near its local maximum.
Some previously rapidly growing altcoins are experiencing deeper corrections. For example, Cardano (ADA), which saw notable increases in August in anticipation of an ETF launch, has dropped from around $0.98 to approximately $0.78 amidst profit-taking. The TRON (TRX) platform, popular in Asia, remains stable at approximately $0.33 — widespread use of the Tron network for stablecoin issuance supports demand for TRX. Overall, the altcoin segment has taken a breather: players are waiting for further clarity in regulation and macroeconomic conditions before actively reinvesting in secondary tokens.
Institutional Players Increasing Their Presence in the Crypto Market
Rising interest from institutional investors remains one of the key trends of 2025. Even after the recent price dip, major players are not exiting; instead, they are increasing their positions amid the declines. According to industry analysts, funds focused on Bitcoin and Ethereum recorded a capital inflow last week following a brief outflow early in September. US spot ETFs on BTC have attracted substantial new investments, reversing the wave of summer profit-taking. Asset managers consider current price levels as attractive for expanding their presence in digital assets.
The range of investment instruments is also expanding. In the US, the first exchange-traded funds (ETFs) based on Bitcoin and Ethereum were launched at the start of 2025, simplifying institutional access to cryptocurrencies. Regulators are currently reviewing applications for ETFs for other coins (such as Solana and Cardano), as well as multi-asset funds including tokens like XRP. Simultaneously, financial authorities in the US, Europe, and Asia are implementing clearer regulatory frameworks in the industry, reducing legal risks. All these factors bolster confidence: even temporary negative shocks have not undermined long-term optimism among major investors regarding cryptocurrencies as an asset class.
Market Sentiment and Volatility
The September correction has impacted market sentiment: the 'fear and greed' index has dropped to around 45 (indicative of moderate fear) compared to the 'greed' zone experienced in the summer. Following the surge, investors have become more cautious, factoring in the risks of further declines. External factors (the threat of a shutdown in the US, uncertainty regarding central bank policies, regulatory disputes) have temporarily dampened enthusiasm in the crypto market.
At the same time, there is no sense of panic. While volatility in major cryptocurrencies has increased, it remains at a reasonable level: daily fluctuations in Bitcoin are about 2–3%. Experts point out that periods of moderate 'fear' and a decline in euphoria often precede new waves of growth, allowing the market some respite to regain momentum. Therefore, despite short-term uncertainty, medium-term expectations in the sector remain positive.
Q4 2025 Forecast
The fourth quarter traditionally proves to be prosperous for cryptocurrencies. Following the September breather, the market is expected to transition into a new growth phase. Some experts even project Bitcoin's price to be around $200,000 and Ethereum at $7,000 to $8,000 by the end of 2025, provided favourable macroeconomic conditions are maintained.
A key driver of growth may be further monetary policy easing. The Federal Reserve reduced the base rate by 0.25% in September, and market participants are anticipating more cuts by the end of the year. Cheap money and increased liquidity traditionally fuel demand for risk assets, including cryptocurrencies. Should new data on inflation and employment indicate an economic slowdown, the Fed may continue easing — this could set the stage for a crypto market rally in Q4.
Among potential obstacles are ongoing liquidity withdrawals (through bond sales and the Fed's balance sheet reduction), as well as geopolitical tensions and new regulatory constraints. Nevertheless, many draw parallels between the current consolidation and past cycles: after a shift in monetary policy, the crypto market often lingered before making a sharp leap ahead of traditional assets. If this trend recurs, the market could achieve new record highs by the end of 2025.
Top 10 Most Popular Cryptocurrencies
As of the morning of 28th September 2025, the following assets rank in the top 10 largest cryptocurrencies by market capitalisation:
- Bitcoin (BTC) – The first and largest cryptocurrency. BTC is trading at around $110,000 following a recent correction; capitalisation exceeds $2.3 trillion (≈60% of the market).
- Ethereum (ETH) – The leading altcoin and platform for smart contracts. ETH is priced at approximately $4,000, maintaining its position near a psychologically significant level; capitalisation ~ $540 billion (≈14% of the market).
- Tether (USDT) – The largest stablecoin pegged to the US dollar 1:1. Widely used for trading; capitalisation around $165 billion, with a stable price of ~$1.00 (≈₽95).
- Ripple (XRP) – The token of the Ripple network for cross-border payments. XRP is trading around $2.80; capitalisation ~ $160 billion. Legal clarity regarding XRP's status in the US has boosted investor confidence and returned the token to the top three market leaders.
- Binance Coin (BNB) – The coin of the largest cryptocurrency exchange Binance and the native token of the BNB Chain. BNB is priced around $900 (close to its peaks); capitalisation ~ $120 billion. Despite regulatory pressure, the token remains in the top 5 due to its extensive use on the exchange and in DeFi.
- Solana (SOL) – A high-performance blockchain for decentralized applications. SOL is around $195 (capitalisation ~ $95 billion), having recovered to levels seen at the beginning of 2022. Interest in Solana is supported by anticipation of an ETF launch and development within its ecosystem.
- USD Coin (USDC) – The second-largest stablecoin, backed by dollar reserves (issuer - Circle). USDC's price remains at $1.00; capitalisation ~ $65 billion. The stablecoin is popular among institutional investors and in DeFi owing to the transparency of its reserves.
- Dogecoin (DOGE) – The well-known meme cryptocurrency, created as a joke. DOGE is trading around $0.23 (capitalisation ~ $35 billion), supported by a loyal community and periodic surges in media interest. Despite high volatility, Dogecoin remains in the top ten coins, showcasing remarkable resilience in investor interest.
- TRON (TRX) – A blockchain platform for smart contracts and multimedia dApps, particularly popular in Asia. TRX is around $0.33; capitalisation ~ $30 billion. Tron remains in the top 10 largely due to the active utilisation of its network for stablecoin issuance (a significant portion of USDT circulates on Tron).
- Cardano (ADA) – A blockchain platform taking a scientific approach to development. ADA is trading around $0.78 (capitalisation ~ $25 billion) after a drop from recent highs. The project attracts attention due to plans for ETF launches and its active community, which believes in its long-term potential.
The Crypto Market on the Morning of 28th September 2025
- Prices of major cryptocurrencies:
- Bitcoin (BTC): $110,500
- Ethereum (ETH): $4,100
- Ripple (XRP): $2.75
- BNB: $905
- Solana (SOL): $190
- Tether (USDT): ₽95.00
- Market Indicators:
- Total market capitalisation: ~$4.0 trillion
- Bitcoin's share: ~60%
- Fear and Greed Index: 45 (fear mode)
- Movers of the Day:
- Gainer: Polkadot (DOT) — +5%
- Decliner: Avalanche (AVAX) — -4%
