Cryptocurrency News & Market Updates

Last week, Bitcoin extended its rebound, briefly breaking past $87,000, a new high since January, driven by spot ETF inflows and concentrated short liquidations, before consolidating around the $84,000 level. During this period of sideways consolidation, capital began rotating into mid- and small-cap assets, pushing the Altcoin Season Index to its highest level in more than three months. According to HTX platform data, from September 21 to 27, various sectors including AI, L1, DeFi, and memecoins saw robust gains, with PHA leading the weekly gainers due to an 83% surge.