Bitcoin held a tight $109K-$113K range as markets fully priced in a rate cut at the upcoming FOMC meeting, with Hyperliquid hitting a fresh ATH.
Bitcoin rose 2.5% to open a historically weak month for markets, while Solana and Hyperliquid held bullish structure through the broader cool-off.
Ethereum hit a new all-time high after Powell signalled the Fed was considering rate cuts, before Bitcoin briefly dipped under $110K.
Bitcoin consolidated near $113K as volatility returned after its all-time high, with investors weighing a healthy reset against a deeper correction.
The total crypto market cap hit a new all-time high of $4.2 trillion as Bitcoin and Ethereum closed in on their own record levels.
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