Bitcoin, Ethereum, XRP, Dogecoin Rise Amid Treasury Yields Pressure: Analyst Flags BTC's Sunday Spikes Th

Leading cryptocurrencies gained Sunday overnight as investors weighed in on Treasury yields and the Federal Reserve’s cues on interest rate policy.

Cryptocurrency	24-Hour Gains +/-	Price (Recorded at 9:17 p.m. EDT)
Bitcoin (CRYPTO: BTC)	+2.20%	$86,599.44
Ethereum (CRYPTO: ETH)	+1.30%	$2,727.14
XRP (CRYPTO: XRP)	+2.30%	$1.52
Solana (CRYPTO: SOL)	+0.90%	$121.22
Dogecoin (CRYPTO: DOGE)	+4.00%	$0.09656

Crypto Market Spikes

Bitcoin briefly approached $87,000 in a late-evening surge, while Ethereum stalled at $2,730. Dogecoin rose 4% over the previous day.

Roughly $130 million was liquidated from the cryptocurrency market in the last 24 hours, with $105 million in bearish short positions wiped out, according to Coinglass data.

Bitcoin’s open interest surged 4.47% over the last 24 hours after the spot price increased. BTC’s Long/Short Ratio flipped over 1, suggesting higher long exposure.

“Greed” sentiment prevailed in the market, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours)

Cryptocurrency	Gains +/-	Price (Recorded at 9:30 p.m. EDT)
BItway (BTW)	+30.10%	$1.25
Cardano (ADA)	+9.30%	$0.2662
Venice Token (VVV)	+7.30%	$30.04

The global cryptocurrency market capitalization crossed $3 trillion after an increase of 0.70% over the last 24 hours.

Forget XRP: These 4 Altcoins Are on Standard Chartered's Radar

Standard Chartered backs Uniswap, Aave, Arbitrum and Chainlink—not XRP—as tokenization’s biggest winners through 2030.

3 min read

Read this article

Stock Futures in the Green

Stock futures edged higher on Sunday. The Dow Jones Industrial Average Futures gained 35 points, or 0.08%, as of 8:40 p.m. EDT. S&P 500 futures rose 0.14%, while Nasdaq 100 Futures added 0.35%.

Earn 8% APY on a Real Estate-Backed Note from $5,000

Promoted by EquityMultiple(17b disclosure)

EquityMultiple's Alpine Notes have distributed $478M+ with no missed payments. Accredited investors can start with $5,000 at a fixed 8% APY for 6 months.

Treasury yields remain in the spotlight as long-dated government bond rewards climb to their multi-year highs.

Investors will closely monitor the release of the Federal Reserve’s September meeting minutes on Wednesday. Odds of a rate increase at the upcoming October meeting stayed flat at 22%, according to the CME FedWatch tool.

Rip Before a Dip?

Ali Martinez, a widely followed cryptocurrency analyst, noted that Bitcoin’s recent Sunday gains have reversed into Monday declines, while Sunday declines have preceded rebounds.

“With BTC up more than 1% today, that pattern is back in focus,” the analyst added.

Cryptocurrency trader Quinten François, citing a Glassnode chart, highlighted that Bitcoin’s long-term holders made it through a full bear market “without being pushed into losses.”

The chart showed that Bitcoin long-term holders’ Market Value to Realized Value ratio remained above 1 through the latest downturn, unlike prior bear markets in 2018 and 2022, where it dipped below their cost basis.