📊 Market now: BTC: $84,684 → $84,917 (+1.1%) | dominance 58.3% ETH: $2,698 → $2,711 (+1.01%) Total market cap: $2.89T 🆕 New since noon — SEC just dropped guidance: Token buybacks on functional networks (like ETH, SOL) don't make them securities under the Howey test. Huge for projects doing buybacks. Doesn't apply to non-functional networks though.
🔥 Still hot: Bitget hack fallout continues — $387M, North Korea suspected NEAR ETF (NRR) launches Sept 29 BTC dominance cracked 60% earlier this week — alt-season signal 📉 Weak spot: XRP bleeding while BTC/ETH pump. Money rotating, not flowing in broadly.
Regulatory win: "SEC just said token buybacks ≠ securities. This is the clearest guidance crypto has gotten in years. Functional networks are safe." #SEC #Crypto #Regulation Market structure: "BTC dominance at 58.3%. Last cycle this dropped to 40% and alts ran 5-50x. The rotation is starting." #BTC #Altseason Security: "Bitget lost $387M. Not to a private key hack — to internal approval process exploitation. Centralized exchanges are still the weakest link." #Crypto #Security
🧵 Why I'm rotating 30% of my portfolio into alts this week: BTC dominance cracked 60% $2.4B flowed into BTC ETFs last week ETH ETFs pulled $690M Fear & Greed at 73 (Greed) Fed priced in The setup is there. The question is which alts.
Add in: $2.4B into BTC ETFs last week, ETH ETFs pulling $690M, and the Fear & Greed sitting at 73 (Greed).
The rotation is happening. Question is — which alts have real catalysts vs. just riding the wave?
My watchlist: UNI — fee switch narrative still alive ARB — RWA narrative + ecosystem growth PENGU — meme + actual brand deals What's on yours? Drop it below 👀