September 26, 2026: Crypto market overview
๐ Overall picture: Bitcoin holds around $84,000, while altcoins show synchronized growth. The market is experiencing the biggest hack of the year โ the Bitget exchange lost nearly $390 million, but that hasnโt stopped institutional capital inflows into ETFs.
๐ Security and hacking
1. ๐ฅ Bitget hack: damages increased to $387.5 million
The exchange updated its estimate of losses after stolen Zcash and TRON were discovered. It was initially reported as $351.6 million.
2. ๐ก๏ธ CEO: private keys have not been compromised
Gracey Chen said hackers manipulated transaction data in the backend system rather than stealing keys. The vulnerability has been fixed.
3. ๐ฐ The protection fund covers losses
The exchangeโs User Protection Fund contains $464 million โ enough to fully cover losses of $387.5 million.
4. ๐จ Circle and Tether froze part of the funds
Stablecoin issuers blocked USDC and USDT on addresses linked to the hacker.
5. ๐ฐ๐ต Suspicion of a North Korean trail
Bitget found IP addresses associated with VPN services previously used by the North Korean hacking group.
๐๏ธ Regulation
6. ๐ SEC: token repos and network upgrades do not make a token a security
The commission updated the FAQ: buybacks of tokens and network upgrades do not automatically turn an asset into an investment contract.
7. โ๏ธ The CFTC approved blockchain records for reporting
Regulated companies may use blockchain for record-keeping as long as access to data is maintained in the event of a network outage.
8. ๐ฆ The CFTC approved tokenized assets for client funds
Futures and clearing companies can invest clientsโ funds in tokenized versions of permitted assets.
9. ๐ The CLARITY Act remains in limbo
Regulators continue to operate within existing laws while Congress cannot pass a bill.
๐ฐ Institutional flows
10. ๐ ETF: six days of inflows, $2.8 billion
Spot BTC ETFs extended their streak of inflows, cumulatively attracting more than $2.8 billion since September 17.
11. โ ๏ธ Inflow growth is slowing
September 24 saw inflows of $191 million โ 81% less than the $999 million peak on September 21.
12. ๐ฆ BlackRock IBIT dominates
BlackRockโs fund attracted $1.35 billion over six sessions โ nearly half of all inflows in the category.
13. ๐ WisdomTree โ the only one with outflows
BTCW lost $4.02 million, while the other funds showed positive performance.
๐ Whale large transactions
14. ๐ The whale moved 4,500 BTC worth $380 million
A wallet inactive since April 2022 suddenly moved 4,499.9 BTC. The purpose of the transfer remains unknown.
15. ๐ A new wallet sent $39.23 million in HYPE
Address 0xbe51 withdrew 428,640 HYPE from Bybit, Kraken, Wintermute, Gate, and OKX in 8 hours.
16. ๐ 1,888 BTC left Kraken
Whale Alert recorded a $158 million transfer to an unknown wallet.
17. ๐ 690 BTC from Antpool to Coinbase
Antpool mining pool sent $75 million in BTC to an exchange.
๐ Altcoins and market dynamics
18. ๐ Sei surged 23.58%
SEI led the rise among the top-100, becoming the largest outlier of the day.
19. ๐ Worldcoin added 12.14%
WLD continued its rally, rising to $0.4896.
20. ๐ Solana is up 4.05%
SOL is trading around $122.12, ahead of BTC and ETH.
21. ๐ Aleo plunged 23.25%
ALEO became the worst in the top-100, dropping to $0.02849.
22. ๐ The memecoin BUN is up 130%
Bundle Cat on Robinhood Chain reached a market cap of $80 million.
23. ๐ The memecoin CATE surpassed $107 million in market cap
Solana saw a 14.7% daily increase.
24. ๐ Super Inu is up 43%
SI reached $14 million in market cap on the narrative โSuper Intelligenceโ by Trump.
๐ฆ Infrastructure and stablecoins
25. ๐ต Circle minted 500 million USDC on Solana
Two issuances of 250 million USDC per day โ increased network activity.
26. ๐๏ธ Solana Foundation strengthens its institutional focus
Former Binance CMO Rachel Conlan has been appointed Chief Strategy Officer to accelerate institutional adoption.
27. ๐ DoubleZero: 75% of Solana validators use the network
A project co-founder responded to the FUD, confirming integration with the ecosystem.
๐ Macros and sentiment
28. ๐ Fear and Greed Index โ 74
The metric rose from 71; the market remains in the โgreedโ zone.
29. ๐ฅ $275 million liquidated in a day
Long positions were $137 million, short โ $138 million. 77,336 traders were affected.
30. ๐ Treasury yields remain at highs
U.S. 10-year Treasury bonds are holding near the 2007 highs, continuing to weigh on risk assets.
31. ๐ฆ Probability of a Fed rate hike โ 71%
CME FedWatch shows rising expectations for an October tightening from 69.7%.
32. โฝ Brent oil fell to $104
Lower oil prices gave risk assets a partial breather.
๐ Summary
The main event of the day was the $387.5 million Bitget hack, but the market took it relatively calmly: Bitcoin is holding around $84,000, altcoins are rising, and ETFs continue to attract capital. Meanwhile, regulators (SEC and CFTC) are actively filling the gap left after the failure of the CLARITY Act.
