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Crypto Market Bounces Back: Insights from CoinEx Research

The latest insights from CoinEx Research indicate a significant rebound in the cryptocurrency market in September 2025. This recovery comes despite concerns over macroeconomic factors and a mid-month selloff. As Bitcoin reached an impressive price of $114,000 and Ethereum surpassed $4,100, the market's resilience has captured the attention of investors and analysts alike.

Market Overview

After enduring a brief downturn triggered by rising recession fears and uncertainties in labor market policy, Bitcoin managed to close the month with a 3% gain. The U.S. Federal Reserve's decision to cut interest rates by 0.25% on September 17 has injected a positive sentiment into the crypto space, with further cuts anticipated in the coming months. Notably, while Bitcoin's growth is tied to shifts in the global M2 money supply, this relationship has been somewhat delayed, keeping Bitcoin in a consolidation range between $108,000 and $120,000.

Key Trends: Altcoin Season

Interestingly, the data suggest that altcoins may be on the brink of a breakout season. Analysts predict that should Bitcoin's price surge past its current range and Bitcoin Dominance (BTC.D) dips below key support levels, altcoins could witness explosive growth. As Bitcoin consolidates, patience is essential for investors looking to navigate this evolving landscape.

Surge of Perpetual DEXs

September proved to be a remarkable month for Perpetual Decentralized Exchanges (Perp DEXs), showcasing unprecedented growth. Key players like Hyperliquid and Aster recorded exceptional trading volumes, driven by renewed trader interest and innovative protocol launches. The decentralized exchanges have become increasingly attractive amid regulatory constraints against centralized exchanges, with traders favoring features like zero-fee trading and sub-second order executions.

Stability in Stablecoins

Another notable development is the impressive growth of stablecoins. Ethena's synthetic dollar, USDe, saw its circulating supply double to an impressive $12 billion, now ranking as the third-largest stablecoin globally. This reflects a growing trend toward stability in an otherwise volatile market. In total, stablecoin inflows marked a notable $8 billion in September, signaling robust market strength.

Tokenized Stocks and Collectibles

Furthermore, Ondo Finance emerged as a frontrunner in the tokenized stocks arena, launching over 100 U.S. stocks and ETFs with a Total Value Locked (TVL) of $300 million within just a month. This innovative approach to finance allows greater liquidity and easier access for investors.

In the sphere of Real-World Assets (RWAs), tokenized trading cards, especially Pokémon cards, have surged with a trading volume of $124.5 million in August alone. This burgeoning market has evolved from a few million earlier in the year, demonstrating significant growth in this niche sector.

What's Next?

As we look ahead, the resilience of the crypto market, coupled with macroeconomic shifts and Fed policy changes, positions it well for potential breakthroughs. Observers note that continued strong inflows into stablecoins and the rising interest in sectors like tokenized collectibles suggest that the market is ready for growth. Investors are advised to keep an eye on key technical levels, as breaking through established resistance could open the floodgates for further price appreciation.

CoinEx, established in 2017, continues to empower users with its extensive platform offering over 1400 coins and features tailored to enhance trading experiences. With over 10 million users across the globe and a commitment to protecting user assets, CoinEx remains a pivotal player in the rapidly evolving cryptocurrency landscape.

For more in-depth analysis and the latest trends in crypto, stay tuned to CoinEx's research updates and market insights.