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XRP
NFT Gaming

XRP Outshines Gold, Stocks, And Bitcoin As Thailand’s Best Asset

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

According to reports citing Thailand’s financial regulator and local market data, XRP posted the strongest year-on-year return among major assets in the country.

The cryptocurrency recorded about 390% gains compared with the same period last year, and it has held the top spot for nine consecutive months, based on the figures released.

Trading activity was heavy in August, with roughly 299 billion baht of crypto trades recorded — about $8 billion — and some 230,000 active accounts touching the market.

XRP Tops Local Returns

Market breakdowns show that retail traders made up a large share of the volume. Retail investors accounted for about 40% of August trading activity, while the rest came from institutions, foreign accounts and corporate entities.

The data, which has been repeated across a number of outlets, points to broad participation by ordinary traders in Thailand rather than a single big player driving prices.

Source: Thailand Securities and Exchange Commission.

Big Volume, Big Questions

While the headline numbers are eye catching, analysts say simple comparisons have limits. Price return is only one way to measure performance.

Stocks and gold are often judged on total return, which can include dividends and other income. Crypto returns can swing wildly over short stretches, especially when base prices a year earlier were low. That makes any year-on-year figure sensitive to timing and market cycles.

XRPUSD currently trading at $2.87. Chart: TradingView

Regulatory Context And Usage

Based on reports from the regulator and market observers, cryptocurrencies in Thailand are mainly held for investment rather than daily payments.

Crypto is not generally permitted as a standard means of payment, though limited pilot programs have been tried for specific uses. This mix of strong speculation and limited everyday use helps explain why price moves may be sharp even as broader adoption for commerce remains limited.

Volatility And Data Reliability

Some experts warn that the headline percentage masks risk. XRP’s rise may reflect a recovery from a depressed price level a year ago, along with intensified interest from retail buyers.

Data quality and methodology also matter. Trade volumes and account counts are often reported by exchanges or consolidated by the regulator, and different sources can use different filters or definitions.

Market Watchers Call For Caution

Observers say greater attention from regulators is likely as crypto trading gains prominence. Reports suggest the surge could bring tighter rules aimed at investor protection.

Featured image from Unsplash, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Peter Schiff Condemns Bitcoin, Embraces Blockchain Gold
GameFi Guides

Peter Schiff Condemns Bitcoin, Embraces Blockchain Gold

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Popular Bitcoin critic and gold advocate, Peter Schiff, has once again stirred reactions across the crypto community after expressing faith in the long-term value of his digital art collection, compared to Bitcoin.

Schiff made the move as he flaunted gold’s new all-time high of $3,726 in the faces of Bitcoiners, seizing the opportunity to promote his Golden Triumph Ordinals Set. Notably, Schiff claimed that the art collection is more scarce and valuable than the world’s largest cryptocurrency by market capitalization, Bitcoin.

Schiff’s Golden Triumph Ordinals vs. Bitcoin

The Golden Triumph Ordinals is a blockchain-based digital art collection of 50 one-of-a-kind digital inscriptions, launched on the popular NFT platform, Magic Eden.

With Schiff refusing to back down on his long-standing skeptical stance on Bitcoin, his decision to launch a digital art collection based particularly on the Bitcoin blockchain has raised eyebrows among crypto users.

During the initial launch of the NFT collection, crypto users had suggested that Schiff might already be softening his stance on the leading cryptocurrency. However, his recent post further affirms that Schiff might never accept the idea behind Bitcoin’s invention.

According to his post, Peter Schiff downplayed Bitcoin’s scarcity, noting that Bitcoin’s total supply, which is divisible across the global population, makes it accessible to everyone on the planet. As such, he emphasized that the digital art product is more scarce and valuable than Bitcoin, as only 50 Golden Triumph Ordinals will ever exist.

As always, the Bitcoin skeptic issued an unsurprising piece of advice to the Bitcoin community, urging Bitcoiners to consider selling portions of their depreciating BTC to acquire the ordinals — a move that, according to him, could propel physical gold to more upsurge.

Nonetheless, Schiff’s selective support of blockchain-based gold collectibles, as opposed to the first blockchain-based digital asset, has received criticism and displeasure among commentators, who argued that Schiff is promoting “shitcoins” over a long-viable cryptocurrency.

The commentators find it inappropriate for Schiff to condemn blockchain when it supports Bitcoin, but praise it when it amplifies his pro-gold stance. Hence, many believe that Schiff might need to rethink his resentment towards Bitcoin.



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Central Banks Could Hold Bitcoin Like Gold By 2030: Deutsche Bank
Crypto Trends

Central Banks Could Hold Bitcoin Like Gold by 2030: Deutsche Bank

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In a recent report, Deutsche Bank, one of the biggest investment banks in the world, gave a prediction that the central banks could soon start holding Bitcoin just like they hold gold, and this might happen by the year 2030.

The research has become a topic of discussion among crypto investors, after Matthew Sigel, head of digital asset research at VanEck, pointed it out in public, and it picked up interest because this would be the first time central banks use Bitcoin as part of their official reserves.

Matthew Sigel shares the research on X | Source: X

Bitcoin Will Stand Beside Gold, Not Replace It

The bank explained that Bitcoin will not fight Gold for position but will instead stand beside it. Moreover, both assets are seen as “safe” places to keep value during hard times in the economy. The report said that the central banks may slowly add more Bitcoin and gold into their reserves.

“So long as we are human, Bitcoin and other alternative assets will likely continue to compete for our attention.” Deutsche Bank wrote.

One reason behind this idea is due to Bitcoin’s limited supply. Out of its maximum cap of 21 million coins, nearly 19.92 million are already in circulation, which means about 95% is already unlocked. The final 5% will only be mined over the next 115 years, which would make the cryptocurrency scarce as time goes on. 

With its current market cap standing at $2.2 trillion, the bank said scarcity and its reputation as a hedge against inflation could drive governments to include it in their reserves.

Lessons from Gold’s Past

The report also compared Bitcoin to gold’s early history. At an early stage, Gold was not always trusted, it faced doubts from investors and saw huge drops in its price. 

It even went through a 60% price fall between 1980 and 2001 before becoming one of the most important assets in the world. Today, the asset is worth more than $20 trillion.

Deutsche Bank believes Bitcoin is following a similar path, with regulation, and liquidity helping it mature. The bank also stressed that Bitcoin’s volatility will ease as adoption grows, just like gold became more stable over time.

The research further pointed out that both assets are hitting record highs. In 2025, gold climbed to $3,703 per ounce, while Bitcoin reached $123,500 per coin. The bank said this thanks to the weakness in the dollar, as well as doubts about the independence of the US Federal Reserve.

However, Deutsche Bank notes that Bitcoin and gold will not replace the US dollar. Instead, the dollar will stay the main reserve, while gold and Bitcoin act as extra safe assets.

Also Read: Michigan’s Bitcoin Reserve Bill Progresses after Months of Delay



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Gold Rallies an Hour After BTC Drops, Suggesting a Profit Rotation Into Metals
Crypto Trends

Gold Rallies an Hour After BTC Drops, Suggesting a Profit Rotation Into Metals

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Gold, often seen as an analog for sound money, rose 1% on Monday to set another record high and bring its 2025 gain to 43%.

The metal, now trading at $3,721, advanced about an hour after bitcoin BTC$112,814.05, seen by some proponents as a digital form of sound money, posted a 24-hour drop of 3% that cut its price to $112,000 and its year-to-date gain to 17%. The timing suggests the possibility that profits from bitcoin liquidations rotated into gold.

The two assets rarely move in tandem, though there are occasional periods when both rise or fall simultaneously, often with a short lag. This time, the divergence is stronger.

Gold is not the only metal attracting flows. Silver gained 1.5% on Monday to approach $44, its third-highest level since 1975, and is now up more than 50% year to date.

Notably, since the Federal Reserve cut interest rates by 25 bps on Sept. 17, both gold and the S&P 500 are up about 1%. At the same time, U.S. treasury yields have risen, with the U.S. 10-year at 4.125% (up 2.5%) and the U.S. 30-year at 4.7% (up 2%).

The dollar strengthened, with the DXY index adding 1% to 97.5. A stronger dollar typically puts pressure on risk assets, and bitcoin has dropped over 3.5% since the Fed’s move.

Assets since federal reserve rate cut (TradingView)



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1Password Review (2025): Gold Standard Security
Gaming Gear

1Password Review (2025): Gold Standard Security

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Password managers are spotty on Android and iOS in general, and 1Password isn’t above that issue. I’d estimate somewhere around 10 to 15 percent of the fields I encounter on mobile just don’t register with 1Password, sending me out to the app to copy my password over manually. This is more of an issue with how apps categorize different fields and expose them to other apps running, and less of a 1Password-specific problem.

1Password at least attempts to get around this with linked apps. As you start signing into apps using entries in your vault, 1Password will connect your login to whatever app you’re logging into. That doesn’t eliminate autofill problems on mobile, but it helps in the cases where 1Password is looking for a specific URL to autofill, and the mobile app isn’t operating with that URL.

Outside of autofill, using 1Password on Android and iOS is a breeze. You can enter your account password each time you unlock your account if you want, but 1Password supports biometric authentication on Android and iOS, including Face ID support. After a certain amount of time has passed (you can change the amount of time in the settings), 1Password will ask you to re-enter your account password. Thankfully, if you don’t want to use biometrics, you can set up a PIN or passcode, as well.

Quick access is important because 1Password is extremely limited on mobile, and that’s a good thing. Even switching to another app or locking your phone will also lock your account, and if you swipe through your list of open apps, you’ll only see the 1Password login screen.

You’re free to change these settings, from the amount of time you need to re-enter your account password to when 1Password should clear your keyboard history. The defaults work well, but if you can’t be bothered, you can turn these extra security measures off.

Unique Security

1Password may function similarly to other password managers, but its security design is unique. The company has a white paper you can read through for all the gory details, and it maintains a list of certifications and recent penetration testing. The core of 1Password’s security, however, is a zero-knowledge approach. It’s designed in such a way that, even if 1Password wanted to, it has no means to decrypt the contents of your vault.

This works due to what 1Password calls two-secret key derivation, or 2SKD. It takes your account password and a secret key that’s generated on your device when you first sign up for 1Password, and uses them to derive a key encryption key (KEK). Also on your device, 1Password generates a public-private key pair. Your private key is encrypted with the KEK, while your public key is shared.

There are several layers of nested encryption beyond this, but what’s important is that 1Password doesn’t have a copy of your private key, nor a copy of your account password that’s necessary to derive the KEK. And when you authenticate, everything happens locally on your device, including encryption and decryption. Your KEK, master password, and private key never leave your device.



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BNB Chain’s New Gold Protocol hit by $2m launch-day hack
NFT Gaming

BNB Chain’s New Gold Protocol hit by $2m launch-day hack

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AI-driven, self-described “DeFi 3.0” staking protocol The New Gold Protocol, built “with sustainability at its core,” was hacked hours after launch. The hacking took place on Sept. 18, 2025. The hacker exploited two flaws in the design of NGP. The case demonstrates how negligence in protocol design may doom a project from day one.

Summary

  • Nearly $2 million in crypto was stolen from the just-launched New Gold Protocol platform via a flash loan attack. 
  • Stolen money was sent to Tornado Cash. The hacker is not identified.
  • The team behind the New Gold Protocol keeps silent. 
  • The biggest flash loan attacks resulted in over $100 million in losses. 

What is New Gold Protocol?

The New Gold Protocol is a staking protocol built on top of the BNB blockchain and launched on Sept. 18.

One of the problems that The New Gold Protocol aimns to solve is the “lack of pricing rules.” According to the whitepaper, many DeFi protocols “lack standardized mechanisms for behavior pricing, resulting in volatility and disorder.”

The “next-generation DeFi 3.0” New Gold Protocol was meant to outperform competitors that do not have intrinsic earnings and whose governance models are inefficient. The NGP team saw the way to achieve transparency, fairness, and sustainability through AI optimization.

The New Gold Protocol was striving to create an inclusive staking platform with a transparent, automated environment sustained via smart contracts. Due to token burns, NGP promoted its native token as deflationary. It promised real-yield distributions instead of inflationary and speculative incentives. The NGP whitepaper suggested that transparency ensures accountability. However, it turned out that this was not enough.

How was NGP hacked?

The hacking took place shortly after the launch of the NGP token. The amount of NGP tokens that could be bought was limited to prevent price-inflation attacks, but the hacker found a way to bypass it.

According to analysts from blockchain security company Hacken, six hours before the attack the hacker accumulated a high number of assets via flash loans using different accounts. Flash loans are a feature popular on DeFi platforms. They allow borrowing crypto assets quickly without collateral. Borrowed funds may be used for arbitrage trading, stealing funds from a protocol, or price manipulation. As Hacken notes, the damage caused through flash loan attacks may amount to millions of dollars.

The attacker used an oracle-manipulation tactic. The protocol determined the NGP token price by scanning its reserves in the DEX’s liquidity pool, which allowed the attacker to manipulate the price. The attacker began swapping BUSD to NGP on PancakePair, which pumped NGP’s price quickly.

The New Gold Protocol contained two limits: a buying limit and a cooldown limit for buyers. Both were bypassed as the attacker used the “dEaD” address as the recipient.

The next move was draining nearly all the BUSD tokens from the protocol via selling NGP. It left The New Gold Protocol with almost no funds. The attacker then gained $1.9 million worth of crypto and immediately swapped the funds to BNB-based ETH.

According to the Hacken team, the following actions included depositing stolen funds to Tornado Cash through Ethereum bridged with Across. The action sent the NGP price up while leaving the protocol with only a small amount of funds. Soon, the NGP token price plummeted 88%.

Unfortunately, despite ambitious plans to reshape the DeFi sector and build a sustainable product, The New Gold Protocol neglected its own security and faced severe damage. The company did not comment on the issue. The latest tweet reads “stability meets growth.” It was published several hours before the attack and now looks like a bitter joke.

Other flash loan attacks

As soon as flash loans were introduced, flash loan attacks quickly became one of the tactics used by criminals. 

The biggest attack took place in March 2023. The hacker managed to steal around $197 million in Wrapped Bitcoin, Wrapped Ethereum, and other assets from the Euler Finance protocol. The hacker was using an error in the platform’s calculation rate. The funds were sent to an address used earlier by the notorious DPRK hackers, the Lazarus Group. What made this case especially notable is that the hacker voluntarily returned all the funds and apologized.

Other notable examples include the Cream Finance hack ($130 million stolen in 2021) and Polter ($12 million stolen in 2024). A flash loan was part of the scheme used in 2025 to wipe out $223 million in crypto from the Cetus protocol based on Sui.



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How Shift Codes And Gold Keys Work In Borderlands 4
Game Reviews

How Shift Codes And Gold Keys Work In Borderlands 4

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Borderlands 4 is out now! Yay, that’s exciting. However, on PC, it has some performance problems that might dampen your enjoyment. But hey, whatever, you’re here because you want to figure out how Shift Codes work and how to get Gold Keys in Borderlands 4. It’s a weird and some might say unnecessary system, but I’ll help walk you through it. And by the end you’ll be good to go.

First, before we go any further, you need to create a free Shift account. Shift is Gearbox’s very own video game network… thing. It has been around since Borderlands 2, and the website for Shift has basically not changed since then, so it looks old, but it is pretty easy to use. Just hop over to the Shift site and make a free account. Next, you’ll want to link whatever platform you play on, like Xbox, to your new Shift account. To do that, look to the top left of the website and click “Gaming Platforms.” Then select your platform and follow the steps to log in and get everything all synced up. Okay, now, you can start redeeming Shift codes. But first…

What Are Shift Codes?

That’s a great question! Here’s a sticker. Shift codes are alphanumeric codes that are handed out by official Gearbox and Borderlands-related accounts, often on social media. These codes will provide an in-game reward when correctly redeemed. Many people can use a single Shift code, but they often have expiration dates, so older codes might not work.

One of the best and most frequent providers of new Shift codes is Gearbox CEO Randy Pitchford himself, so you might want to follow him on X. Sorry about that. And no, I don’t think Pitchford pushed to create Shift simply to get more followers online, but it’s a funny theory.

Technically, Shift codes exist for other Gearbox games, like Aliens: Colonial Marines and Battleborn, but uh… well, these days, 99 percent of Shift codes are connected to Borderlands and Wonderlands because nobody plays Gearbox’s other games. Anyway, once you have a Shift code, either from Pitchford or one of the many fan sites and accounts that catalog them, it’s time to enter that code on the Shift website!

How Do I Use A Shift Code?

There are two ways to enter a Shift code and gain its rewards. The first, and worst way, is to boot up the game the Shift code is connected to and enter the code via that title’s Shift screen. This is a cumbersome way to do this and has no benefits and many drawbacks. Do you really want to enter a long string of letters and numbers with an Xbox gamepad and on-screen keyboard? Nah.

©Gearbox / Kotaku

The better way to use your Shift Codes is to do so on your phone or PC. Once you’re logged into your Shift account, you can just copy the code and hop over to the website. Then you just click “Rewards” and pop your Shift code into the empty box.

Depending on the code, you’ll likely need to specify a platform. So, for example, if you put in a Shift code for a Gold Key in Borderlands 4, the game will ask you what platforms you want to redeem it on and show you every platform you have linked. Fun fact: Most codes can be reused for each connected platform. If you enter it in correctly, you’ll get a prompt letting you know, and the rewards feed below where you entered the code will update to show you what you just earned, in what game, and on which platform.

Wait, I Want Gold Keys, Not Shift Codes!

Calm down. Shift codes are how you get Gold Keys. And while it is true that not all Shift codes provide Gold Keys for various Borderlands games—some provide cosmetics and other bonuses—the vast majority of codes in 2025 will give you Gold Keys.

Just keep in mind that Gold Keys, once redeemed, can’t be used in any other Borderlands game. I have nearly 80 of the bastards waiting to be used in Borderlands 3, but none of them can make the leap to Borderlands 4. It makes me very sad.

How Do I Use These Gold Keys In Borderlands 4?

All Gold Keys in all Borderlands titles, including Borderlands 4, are used to open big gold chests that can be found in the hub areas of the various games. These chests have a high chance of dropping really good loot, including rare legendary guns and gear. In Borderlands 4, there are actually a few gold chests located at various safehouses and other points of interest, but be aware you can’t open a Gold chest until you unlock the Outbounder’s village near the starting area of the game in the Fadefields.

©Gearbox / Kotaku

To use a key, just go up to the chest and hit the open button. But be warned! You really shouldn’t do this until you are at least level 40, as early on in the game you’ll likely just replace whatever you get with better gear quickly as you level up. Also, if you’re playing with randos or greedy friends, be aware that the gear you get from the chest will fly out of it after 30 seconds or so, and at that point, anyone can grab it. This happened to me. I lost a great revolver. My friends laughed. I grew more bitter.

And that’s all you need to know about Shift codes and Gold Keys. If you want lots of Shift Codes for Borderlands 4, I’d recommend this account on Twitter that rounds them all up and posts them with a direct link to the Shift site, making it easy to snag some codes and keys on your phone while you are out and about. Or follow Randy Pitchford on Twitter, I guess?



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Bitcoin Sticks To $115,000 as Gold Sets a Fresh Record High
Crypto Trends

Bitcoin Sticks To $115,000 as Gold Sets a Fresh Record High

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Key points:

  • Bitcoin attempts to liquidate longs at the Wall Street open with $115,000 a focus.

  • Markets are flipping short ahead of Wednesday’s Federal Reserve meeting.

  • Gold hits fresh all-time highs above $3,700 before correcting.

Bitcoin (BTC) wobbled at Tuesday’s Wall Street open as analysis eyed potential liquidations.

BTC/USD one-minute chart. Source: Cointelegraph/TradingView

Bitcoin leverage spikes with longs at risk

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD becoming unsettled as the US trading session began.

Price gyrated between $114,800 and $115,300 while surrounded by blocks of liquidity on exchange order books, both up and down.

“There’s a huge cluster of long liquidations below the current price, specifically around the 114724.3 level. That’s a lot of trapped longs,” trading resource TheKingfisher observed in part of its latest commentary on X. 

BTC order-book liquidation levels. Source: TheKingfisher/X

An accompanying chart showed relevant “pain” levels for traders above and below spot price.

“This chart doesn’t predict the future, but it tells you where the pain is. And where the pain is, price movements often follow,” TheKingfisher added, noting high levels of leverage active on the market.

The day prior, popular trader Skew identified similar low-timeframe volatility, querying what he implied was manipulative price behavior.

$BTC
The psyops continue https://t.co/yJAKAijXLt pic.twitter.com/JY5tBX49RV

— Skew Δ (@52kskew) September 15, 2025

“Market remains top side heavy with persistent supply & offloading into price,” he summarized in his latest market coverage.

Skew said traders were flipping short into the week’s key macroeconomic event: the US Federal Reserve’s interest-rate decision. The Federal Open Market Committee (FOMC) was expected to cut rates for the first time in 2025 by 0.25%.

“Quite large positioning decay already going into FOMC, not surprising although short positioning is starting to pick up as the consensus trade going into FOMC,” he concluded.

BTC price action yet to copy gold

Pre-FOMC nerves were apparent across risk assets.

Related: Bitcoin ‘sharks’ add 65K BTC in a week in key demand rebound

US stocks were modestly down at the open, while gold saw noticeable volatility and a fresh all-time high of $3,703.

⚡️JUST IN: Gold surges to a new ATH above $3,700. pic.twitter.com/tcM3T2Gmtt

— Cointelegraph (@Cointelegraph) September 16, 2025

As Cointelegraph reported, analysis argues that both Bitcoin and gold are “pricing in” future US economic conditions.

“Gold leads the way. Bitcoin follows,” popular trader Jelle agreed in part of an X reaction, referencing the tendency for BTC price action to follow gold’s with a several-month delay.

Gold remained firmly in the lead based on year-to-date performance, up 40% since the start of the year against Bitcoin’s 23%.

BTC/USD vs. XAU/USD chart. Source: Jelle/X

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.





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Bitcoin Dips Under $114.5K While Gold, Stocks Head Higher
Crypto Trends

Bitcoin Dips Under $114.5K While Gold, Stocks Head Higher

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Key points:

  • Bitcoin diverges from stocks and gold to see daily losses of 2% to start the week.

  • Analysis hopes that the upcoming Federal Reserve interest-rate decision will provide a BTC price boost.

  • Hidden bullish divergences strengthen the case for BTC price gains.

Bitcoin (BTC) struggled at $115,000 into Monday’s Wall Street open as analysis saw more BTC price downside.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView

BTC price sees “classic” downside into FOMC

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping up to 2% versus the day’s highs.

Bitcoin diverged from both gold and US stocks, with the S&P 500 and Nasdaq Composite Index both gaining at the open. Gold price passed $3,655, now under $20 from all-time highs.

XAU/USD one-day chart. Source: Cointelegraph/TradingView

Commenting, crypto trader, analyst and entrepreneur Michaël van de Poppe tied BTC price weakness to the week’s key macroeconomic event.

Bitcoin, he argued, traditionally trades down into US Federal Reserve interest-rate decisions.

“Very classic price action prior to the FOMC meeting,” he wrote in part of a post on X. 

“Very likely we’ll continue to correct on $BTC & Altcoins until the FOMC meeting has passed.”BTC/USD one-day chart with FOMC meeting dates marked. Source: Cointelegraph/TradingView

Van de Poppe referred to the Federal Open Market Committee, or FOMC, tipped by markets to deliver a 0.25% rate cut on Wednesday. 

While some crypto market participants expressed dismay at Bitcoin’s inability to join risk assets in rallying at the start of the week, others eyed bullish chart cues.

Looks bullish… for Nasdaq pic.twitter.com/IsLUKXz8J8

— WhalePanda (@WhalePanda) September 15, 2025

Among these was a hidden bullish divergence for the relative strength index (RSI) on weekly timeframes.

“Bitcoin weekly hidden bullish divergence is now confirmed,” popular trader BitBull reported. 

“Since 2023, every bullish or hidden bullish divergence has played out for $BTC and resulted in big gains.”BTC/USDT one-week chart with RSI data. Source: BitBull/X

Fellow trader Merlijn argued that the RSI divergence meant that the macro picture was “screaming continuation” higher, calling BTC price upside “inevitable.”

Bitcoin sentiment neutral as stocks climb “wall of worry”

One similarity between Bitcoin and stocks came in the form of market sentiment as the week began.

Related: BTC ‘pricing in’ what’s coming: 5 things to know in Bitcoin this week

Despite the S&P 500 reaching new highs and Bitcoin being not far below price discovery, sentiment was “leaning bearish.”

“If anything, several measures of sentiment shows that fear is the prevailing emotion,” trading firm Mosaic Asset Company wrote in the latest edition of its regular newsletter, “The Market Mosaic.”

Mosaic observed that large investors were net short across various stocks futures, “where positioning in the group is seen as a contrarian signal.” 

“Various measures of sentiment are a tailwind for stock prices as the market climbs a wall of worry,” it added. 

Investor stocks futures positioning (screenshot). Source: Mosaic Asset Company

The Crypto Fear & Greed Index remained in neutral territory at 53/100 on the day, far from overheated levels above 95 which traditionally accompany price action near all-time highs.

Crypto Fear & Greed Index (screenshot). Source: Alternative.me

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.





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S&P 500 One-Month Chart From Google Finance
Crypto Trends

What the Fed’s Sept. 17 Interest Rate Decision Means for Crypto, Gold and Stocks

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Investors are counting down to the Federal Reserve’s Sept. 17 monetary policy decision; markets expect a quarter-point rate cut that could trigger short-term volatility but potentially fuel longer-term gains across risk assets.

The economic backdrop highlights the Fed’s delicate balancing act.

According to the latest CPI report released by the U.S. Bureau of Labor Statistics on Thursday, consumer prices rose 0.4% in August, lifting the annual CPI rate to 2.9% from 2.7% in July, as shelter, food, and gasoline pushed costs higher. Core CPI also climbed 0.3%, extending its steady pace of recent months.

Producer prices told a similar story: per the latest PPI report released on Wednesday, the headline PPI index slipped 0.1% in August but remained 2.6% higher than a year earlier, while core PPI advanced 2.8%, the largest yearly increase since March. Together, the reports underscore stubborn inflationary pressure even as growth slows.

The labor market has softened further.

Nonfarm payrolls increased by just 22,000 in August, with federal government and energy sector job losses offsetting modest gains in health care. Unemployment held at 4.3%, while labor force participation remained stuck at 62.3%.

Revisions showed June and July job growth was weaker than initially reported, reinforcing signs of cooling momentum. Average hourly earnings still rose 3.7% year over year, keeping wage pressures alive.

Bond markets have adjusted accordingly. Per data from MarketWatch, 2-year Treasury yield sits at 3.56%, while the 10-year is at 4.07%, leaving the curve modestly inverted. Futures traders see a 93% chance of a 25 basis point cut, according to CME FedWatch.

If the Fed limits its move to just 25 bps, investors may react with a “buy the rumor, sell the news” response, since markets have already priced in relief.

Equities are testing record levels.

The S&P 500 closed Friday at 6,584 after rising 1.6% for the week, its best since early August. The index’s one-month chart shows a strong rebound from its late-August pullback, underscoring bullish sentiment heading into Fed week.

S&P 500 One-Month Chart From Google Finance

The Nasdaq Composite also notched five straight record highs, ending at 22,141, powered by gains in megacap tech stocks, while the Dow slipped below 46,000 but still booked a weekly advance.

Crypto and commodities have rallied alongside.

Bitcoin is trading at $115,234, below its Aug. 14 all-time high near $124,000 but still firmly higher in 2025, with the global crypto market cap now $4.14 trillion.

BTC-USD One-Month Price Chart From CoinDesk Data

Gold has surged to $3,643 per ounce, near record highs, with its one-month chart showing a steady upward trajectory as investors price in lower real yields and seek inflation hedges.

One-Month Gold Price Chart From TradingView

Historical precedent supports the cautious optimism.

Analysis from the Kobeissi Letter — reported in an X thread posted Saturday — citing Carson Research, shows that in 20 of 20 prior cases since 1980 where the Fed cut rates within 2% of S&P 500 all-time highs, the index was higher one year later, averaging gains of nearly 14%.

The shorter term is less predictable: in 11 of those 22 instances, stocks fell in the month following the cut. Kobeissi argues this time could follow a similar pattern — initial turbulence followed by longer-term gains as rate relief amplifies the momentum behind assets like equities, bitcoin and gold.

The broader setup explains why traders are watching the Sept. 17 announcement closely.

Cutting rates while inflation edges higher and stocks hover at records risks denting credibility, yet staying on hold could spook markets that have already priced in easing. Either way, the Fed’s message on growth, inflation, and its policy outlook will likely shape the trajectory of markets for months to come.



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