Cronos price

The crypto market is up today still, but about half of the top 100 coins have turned red over the past 24 hours. Overall, the cryptocurrency market capitalization has increased by 0.6%, now standing at $3.9 trillion. At the same time, the total crypto trading volume is at $146 billion. TLDR: The crypto market saw a slight increase; Compared to 10 yesterday, about 50 of the top 100 coins have turned red today; 4 of the top 10 coins have appreciated, with SOL at the top; BTC is up 0.5% to $110,572, and ETH rose 2.2% to $4,298; There’s a 7% chance of BTC hitting $150,000 and a 30% chance of ETH hitting $6,000 by the end of October; Institutional adoption of ETH is still building ‘serious momentum’; US BTC spot ETFs recorded inflows of $332.76 million, while US ETH ETFs saw outflows of $135.37 million on Tuesday; ’Market participants should have the freedom to choose where they trade spot crypto assets’, says SEC Chairman Paul Atkins; Crypto sentiment exits the fear zone, but caution still reigns. Crypto Winners & Losers At the time of writing, four of the top 10 coins per market capitalization have increased over the past 24 hours, and four are down (not taking stablecoins into account). Bitcoin (BTC) appreciated 0.4% at the time of writing, now trading at $110,572. At the same time, Ethereum (ETH) is down 2.2%, now changing hands at $4,298. This is the highest decrease in this category. The biggest rise in the category is Solana (SOL)’s 2.8% to the price of $208. The other green coins are up 1% and less. Following Ethereum, the next biggest drop is Tron’s (TRX)’s 0.8%, now standing at $0.3369. As for the top 100 coins, Bitget Token (BGB) appreciated the most in this category. It’s up 6% to $4.97. Four (FORM) is next, as it increased by 5.6% to $3.34. On the red side, World Liberty Financial (WLFI) continued dropping. It’s now down an additional 7.1% to $0.2235. Cronos (CRO) is next, with a fall of 4.8% to the price of $0.2571. Meanwhile, billionaire hedge fund founder Ray Dalio argued that crypto could become an attractive alternative to the US dollar, given that debt-laden fiat currencies are at risk of weakening and becoming less attractive as stores of wealth. “Crypto is now an alternative currency that has its supply limited, so, all things being equal, if the supply of dollar money rises and/or the demand for it falls, that would likely make crypto an attractive alternative currency,” he writes. Source: Ray Dalio, Twitter According to Nick Forster, founder at onchain options platform Derive.xyz, there’s a 7% chance of BTC hitting $150,000 by the end of October, which is down from 14% last week. There’s currently a 22% chance this will happen by year-end. Moreover, there’s a 30% chance of ETH reaching $6,000 by the end of October, down from 45%, and a 44% chance by the end of the year He further argues that, “with rates expected to fall and institutions stockpiling ETH, markets are setting up for explosive potential heading into Q4.” Institutional adoption of ETH is still building “serious momentum,” he says. Last week, the number of ETH held by ETFs increased by 250,000, from 6.5 million to 6.74 million. Rates expected to fall. Institutions are buying ETH fast. Last week: ETFs added +250K ETH Strategic ETH Reserves added +330K ETH – 33% more than ETFs pic.twitter.com/TrdMBUZkcn— Derive (@DeriveXYZ) September 3, 2025 “But more notably, strategic ETH reserve (SER) companies like Bitmine (+78.8K on August 28) and Sharplink Gaming (+56.5K on August 26) added a combined 330K ETH – 33% more than ETFs over the same period,” Forster writes in an email. “SERs now hold nearly 4% of the total ETH supply and are rapidly catching up to the 5.5% held by ETFs. With rates expected to decline, we could plausibly see SERs holding 6-10% of ETH’s supply by year-end, positioning them as a major force behind ETH’s price action.” Levels & Events to Watch Next At the time of writing on Wednesday morning, BTC trades at $110,572. At one point over the past 24 hours, it plunged to $108,538, before recovering to the intraday high of $111,640. It’s still working to retake the intraweek high of $113,220 before it could even attempt to make a run for the ATH of $124,128. BTC is now facing resistance around $111,745. Should it break it, it could move towards $113,435 and $115,475. On the other hand, failure to hold this level could pull the price down to $108,500 and $107,300. Bitcoin Price Chart. Source: TradingView Ethereum is currently trading at $4,298. It has seen a choppy trading day. It plunged from the high of $4,405 to $4,277. It then recuperated to $4,385 before dropping again to the low of $4,265. The coin has recovered somewhat since, but it still has room to fall towards the $4,200 level and below. Conversely, should it hold the current level, ETH could move to retake the $4,400. Holding that could give it a foundation for another leg up. Meanwhile, the crypto market sentiment has climbed slightly, but it was enough to exit the fear zone and move into the neutral zone. The crypto fear and greed index climbed from 39 yesterday to 42 today. Even though the index exited the fear zone, fear is still present. The sentiment may drop further, potentially putting pressure on the prices. Yet, the bull market may still see some greed in the mid-term. Meanwhile, on Tuesday, the US BTC spot exchange-traded funds (ETFs) recorded inflows of $332.76 million. Seven ETFs saw positive flows, and there were no outflows. Fidelity leads the list with $132.69 million, followed by BlackRock’s $72.86 million. Ark&21Shares is nearby, with $71.87 million. On the other hand, the US ETH ETFs saw outflows on Tuesday, with $135.37 million. Four of the nine funds saw negative flows, and there were no inflows. The highest among these is Fidelity’s $99.23 million. Bitwise comes second, with outflows of $24.22 million. Meanwhile, Nasdaq-listed sales development company CIMG Inc. announced on Tuesday that it closed the sale of 220 million shares of its common stock for $55 million as part of a strategic move to build a Bitcoin treasury. The company used the sale proceeds to acquire 500 BTC. Moreover, there was good news for spot crypto trading on Tuesday, as US regulators, the SEC and the CFTC, said that registered exchanges may facilitate such trades. “Today’s joint staff statement represents a significant step forward in bringing innovation in the crypto asset markets back to America,” the SEC Chairman Paul Atkins said. “Market participants should have the freedom to choose where they trade spot crypto assets.” “Market participants should have the freedom to choose where they trade spot crypto assets. The SEC is committed to working with the CFTC to ensure that our regulatory frameworks support innovation and competition in these rapidly evolving markets,” said SEC Chairman Paul Atkins— U.S. Securities and Exchange Commission (@SECGov) September 2, 2025 Quick FAQ Why did crypto move against stocks today? The crypto market increased over the past day. By the closing time on Tuesday, the S&P 500 was down by 0.69%, the Nasdaq-100 decreased by 0.79%, and the Dow Jones Industrial Average fell by 0.55%. Stocks closed lower amid renewed uncertainty about US tariffs. Investors are also readying for the August jobs report, set to be released this Friday. Is this rally sustainable? The current rally is very minor and may not be sustainable at the moment. It has already shifted to red compared to yesterday alone. While the market could see another rally in the mid-term, it could see additional pullbacks in the short-term. You may also like: (LIVE) Crypto News Today: Latest Updates for September 03, 2025 The crypto market is up today still, but about half of the top 100 coins have turned red over the past 24 hours. Overall, the cryptocurrency market capitalization has increased by 0.6%, now standing at $3.9 trillion. At the same time, the total crypto trading volume is at $146 billion. Crypto Winners & Losers At the time of writing, four of the top 10 coins per market capitalization have increased over the past 24 hours, and four are down (not taking stablecoins into...

Crypto.com CEO Kris Marszalek is making a bold prediction: the Federal Reserve’s next interest rate cut could ignite a massive crypto rally in late 2025.  In an interview with Bloomberg, Marszalek argued that a September 17 rate cut would inject much-needed liquidity, reduce borrowing costs, and fuel demand for risk assets like Bitcoin, Ethereum, and altcoins. “Every time the Fed eases, crypto markets feel the impact almost instantly,” Marszalek said. “We’ve seen this before, and I believe Q4 2025 will be no different.” Why a Fed Rate Cut Matters for Crypto Marszalek pointed to history to back his prediction. He noted that the Fed’s cuts in late 2024 triggered a 57% surge in digital asset markets in just four months. “When money is cheaper and liquidity expands, risk assets benefit first,” he explained. “Crypto, being the riskiest but also the most rewarding asset class, stands at the top of that chain.” This view comes as CME futures price in a 91.7% chance of a rate cut. Fed Chair Jerome Powell’s August 22 Jackson Hole speech, where he hinted at easing, further boosted investor expectations. Crypto.com’s Growth and IPO Talk The CEO also linked Fed policy to his own company’s performance. Crypto.com generated $1.5 billion in revenue and $1 billion in gross profit in 2024, with Marszalek expecting an even stronger 2025. “We have the numbers for an IPO,” he said, acknowledging investment banks have approached the company. But he added, “We’re not rushing. Staying private allows us to focus on execution, though we are preparing for when the time is right.” Beyond trading, Crypto.com is expanding into blockchain-based prediction markets, aiming to compete with platforms like Polymarket and Kalshi. Marszalek called this sector “huge” and said Crypto.com wants to be the main U.S. liquidity hub for such markets. CRO Token Surges on Trump Media Deal Crypto.com’s native token, Cronos (CRO), recently soared 150% after the company announced a partnership with Trump Media & Technology Group, the owner of Truth Social. The deal centers on CRO’s treasury strategy. Although CRO has since pulled back to $0.27, it remains a key part of Crypto.com’s growth narrative.  “Partnerships like this build long-term credibility for CRO,” Marszalek said, even as traders eye its 2021 all-time high of $0.96. Risks: Rate Cuts vs. Rising Bond Yields Not everyone is convinced a Fed cut will guarantee a smooth rally. Analysts at The Kobeissi Letter warn of a troubling disconnect: Markets see a 90% chance of a 25 bps cut, with even talk of up to 75 bps this year. Yet Treasury yields are climbing instead of falling. The 30-year note yield has hit 5%, levels not seen since the 2008 financial crisis. Over $200 billion in bonds issued in just five weeks is pushing investors to demand higher returns, raising concerns about U.S. fiscal stability. This paradox means crypto could see heightened volatility in Q4 2025. As Marszalek put it: “Monetary policy will drive momentum, but macro risks like soaring yields are the wild card.” What It Means for Crypto Investors The Federal Reserve’s next policy meeting is scheduled for September 17, and markets are heavily betting on a rate cut. This matters because cheaper money has historically fueled rallies in risk assets, with crypto often leading the charge.  If history repeats, digital assets could see another strong double-digit surge, similar to the gains following late 2024’s cuts.  However, the risk lies in rising U.S. bond yields and mounting deficit concerns, which could spark volatility and dampen momentum even if the Fed does move to ease policy. FAQs When is the next Federal Reserve meeting? The next Federal Reserve meeting is scheduled for September 17, 2025, where policymakers are expected to decide whether to cut interest rates. What is the current outlook for U.S. interest rates? Markets currently price in a 91.7% chance of a rate cut, with the Fed expected to lower rates by at least 25 basis points, and some analysts even predicting cuts of up to 75 basis points by year-end. What did Jerome Powell say at Jackson Hole in August 2025? At the August 22 Jackson Hole symposium, Fed Chair Jerome Powell hinted at easing, saying the Fed is prepared to adjust policy to support growth if inflation continues cooling. How much chance is there of a Fed rate cut? According to CME FedWatch data, there is a 91.7% probability of a rate cut in September.