**Crypto Price Analysis 9-19: BTC, ETH, SOL, UNI, DOGE Update**
The cryptocurrency market registered a marginal decline over the past 24 hours, indicating a muted response to the Federal Reserve’s recent 0.25 basis points rate cut.
**Bitcoin (BTC)**
Bitcoin is slightly down, having slipped below the $117,000 mark. The flagship cryptocurrency reached an intraday high of $117,870 early in the session before dropping to an intraday low of $116,727. Over the past 24 hours, BTC has been trading just below $117,000.
**Ethereum (ETH)**
Ethereum is down by over 1%, currently trading around $4,535. Following the rate cut announcement, ETH briefly traded above the $4,600 level. However, selling pressure pushed the price back below that threshold, with sellers aiming to drag it under $4,500.
**Other Cryptocurrencies**
– Ripple (XRP) is down over 1%, trading near $3.03.
– Solana (SOL) is marginally up, trading around $245.
– Dogecoin (DOGE) has declined just over 1%.
– Cardano (ADA) is up almost 1%, currently trading around $0.909.
Additionally, several altcoins including Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Litecoin (LTC), Toncoin (TON), and Polkadot (DOT) have registered notable price jumps.
**Market Trends**
Altcoins have outperformed Bitcoin, with the CoinMarketCap (CMC) Altcoin Season Index reaching 73 out of 100. Meanwhile, Bitcoin’s dominance in the market stands at 57.06%.
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**Trump Mulls New CFTC Chair After Quintenz Confirmation Stalls**
President Donald Trump is reportedly considering new candidates to lead the Commodity Futures Trading Commission (CFTC) following a stall in Brian Quintenz’s confirmation process. Potential candidates include Michael Selig and Tyler Williams.
– **Michael Selig** is currently the chief counsel to the Securities and Exchange Commission’s (SEC) crypto task force and has a background as an asset management attorney.
– **Tyler Williams** serves as a Treasury counselor on digital asset policy and has previous experience working at Galaxy Digital.
Quintenz’s nomination hit a roadblock in July after Gemini co-founder Tyler Winklevoss urged President Trump to halt the process. Winklevoss expressed frustration over the Biden administration’s crackdown on Gemini, leading to his opposition of Quintenz’s appointment.
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