Crypto is back in risk-on mode. Bitcoin rose 1.4% to around $77,500, while Ethereum gained 1.3%. Lower oil, easing U.S. yields and a tech-stock rebound gave risk assets some breathing room. The Fed hangover is wearing off.

Altcoins brought more caffeine. Solana jumped 4.4% and ADA 5.7%, while XRP added 1.8%, as buying spread beyond Bitcoin. Sentiment also got a boost from SEC exemptions for on-chain trading of tokenized stocks.

Institutions are still playing hard to get. Bitcoin ETFs saw $24.2 million of outflows on Sept. 17, while Ethereum drew $3.6 million in. That’s a big improvement from the previous session’s heavy outflows. Risk appetite is returning, but institutional money hasn’t fully RSVP’d.
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