Latest Crypto Market News Sept 19: Worthless Token Price Up 110%

What Happened In Crypto Market: Fed Rate Cuts as S&P 500 Record High

The global cryptocurrency market cap reached $4.21 trillion, with a 0.9% in the last 24 hours. Total trading volume in the past day stands at $166 billion. Bitcoin leads at 55.5% dominance, followed by Ethereum at 13.2%, while 18,833 cryptocurrencies are tracked now, showcasing the industry’s massive scale.

Major Crypto Market Events Today

Source: Forex Factory

24 Hour Crypto Market Update

Bitcoin price today is currently at $117,409, up 0.9% in the last 24 hours. The market cap stood at $2.33 trillion, and the trading volume at $43.03 billion, dominating 55.5% of the overall cryptocurrency.

Top 5 trending crypto coins: Aster (ASTER) is the top trending coin with a 62.7% gain to $1.12 and $2.78 million in trading volume. Undeads Games (UDS) dipped 11.1% to $1.63 on a $1.03 million volume. Mubarak (MUBARAK) gained 9.1% to $0.0388, supported by a strong $70.78 million trading volume in the last 24 hours. Linea (LINEA) stands high with a trading volume of 232M at $0.02806, rising 10.7%. STBL (STBL) at $0.2033 rose by 58.4% with TV 119M

Top 3 gainers: In the last 24 hours, Worthless (WORTHLESS) surged 110.1% to $0.04523 with a $924K TV. DuckChain Token (DUCK) jumped 84.5% to $0.00877 on a $109.38 million TV. The Aster crypto price today (ASTER) increased by 58.6% to $1.12, driven by a TV of $2.77 million.

Top 3 Losers: TOpenVPP (OVPP), declined 51.9% to $0.098 with a TV of $10.47 million. Mavryk Network (MVRK) dropped 50.3% to $0.23 with $1.6 million traded. PUP Token (PUP) down 48.1% to $0.0955 with TV of $5.23 million.

The Decentralized Finance (DeFi) market cap stands at $180 billion, reflecting a 1.2% rise in the past 24 hours. With a trading volume of $10.67 billion, DeFi continues to hold a 4.3% dominance over the global crypto market.

The market cap of Stablecoins today is $296 billion, which shows a 0.5% increase in the last 24 hours, with $118.899 billion in trading.

Fear and Greed Index Today

Source: Alternative Me

The Bitcoin fear and greed index today stood at Neutral (53), the same as yesterday. However, greed (57) last week and Fear (44) last month. This shows market sentiments are mixed and investors are somewhat cautious as well as optimistic toward crypto.

Latest Market News Today

The White House is considering a change to its nomination for CFTC chair as Brian Quintenz's confirmation is delayed. The shortlist now includes crypto-savvy candidates such as Michael Selig, Chief Legal Counsel of the SEC’s crypto task force, and Tyler Williams, Treasury digital asset advisor and ex-Galaxy Digital executive.

Kalshi has overtaken Polymarket to dominate global prediction markets, recording $1.3 billion in trading volume this month—62.2% of global share, up from just 3.1% a year ago. Polymarket logged $773 million. While Kalshi remains U.S.-only, it’s expanding into crypto via Solana and Base. Both platforms eye growth, with investors circling amid soaring valuations.

Aptos Labs work with PayPal to bring the payments giant's stablecoin PYUSD0 to the Aptos blockchain. The integration, which is possible with the help of LayerZero and Stargate, uses the fast, low-cost infrastructure of Aptos to support real-world payments. Having more than 70 billion in monthly volume of stablecoins, Aptos aspires to roll out PYUSD0 to all the payment applications throughout the world.

The Tether-backed project Plasma will launch mainnet beta and native token XPL on September 25. Plasma, supported by 2B of stablecoin liquidity on the first day, works with more than 100 DeFi platforms, such as Aave and Ethena. Plasma is a non-profit entity with zero-fee USDT transfers, community-owned ownership, and funded by the public with $27.5M that seeks to transform the world by moving money.

The White House stated that after the S&P 500 hit record highs, the Federal Reserve rates cut begun. This marks only the third time since 1996 that such cuts occurred at peaks, following 2019 and 2024. Historically, stocks have gained 14% within a year. Jerome Powell downplayed bubble concerns.

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