Daily Market BriefSep 16, 2025

Daily Market Brief 250916

  • Market remains rangebound as we head into the FOMC. As of now, $BTC is trading at $115,362 and $ETH at $4,523, with Bitcoin dominance at 58.15%.

  • At BaseCamp 2025, Jesse Pollak confirmed that Base is exploring a native token, reversing its November 2024 stance of having “no plans” for one. Base also announced development of an open-source bridge to Solana to enhance interoperability, framing both initiatives as part of its commitment to transparency, Ethereum alignment, and early community involvement.

  • Other headlines include: Michael Saylor and several crypto executives joining lawmakers in Washington to advance a strategic Bitcoin reserve bill, MetaMask launching its mUSD stablecoin, and Ethena Foundation proposing to turn on the fee switch after meeting requirements.

  • During the last 24 hours, the top three gainers were $AERO, $PUMP, and $ATH, while the top three losers were $KTA, $PEPE, and $LINEA.

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