<\/p>\n
Bitcoin hovers near $115,000 as altcoins retreat; Grayscale launches first multi-token U.S. ETF amid geopolitical and macroeconomic uncertainty.<\/p>\n
Crypto markets edged lower on Friday, Sept. 19, amid geopolitical uncertainty following President Donald Trump\u2019s criticism of Russian President Vladimir Putin.<\/p>\n
Bitcoin (BTC<\/a>) hovered near $115,000 after sliding 1.4% over the past 24 hours, while Ethereum (ETH<\/a>) fell almost 3% to $4,459.<\/p>\n Losses were steeper among major altcoins, with XRP<\/a> down 3.4% to $3.01 and Solana (SOL<\/a>) down 4.3% at $237. This selloff comes after SOL briefly reclaimed $250 for the first time since January, per CoinGecko.<\/p>\n Overall, the total crypto market capitalization dropped by 2% over the past day, reaching $4.14 trillion, with Bitcoin dominance at 55.9% and Ethereum at 13.1%.<\/p>\n In the past 24 hours, nearly $321 million in crypto positions were liquidated, Coinglass<\/a> data shows, with longs accounting for over $259 million and shorts making up about $64 million.<\/p>\n Ethereum led the way with nearly $89 million in liquidations, followed by altcoins at nearly $42 million, while Bitcoin accounted for more than $37 million.<\/p>\n On Sept. 18, spot Bitcoin ETFs experienced a rebound with more than $163 million in inflows after posting outflows the previous day, while spot Ethereum ETFs attracted over $213 million, according to SoSoValue.<\/p>\n In other ETF news, Grayscale Investments launched the first multi-token crypto ETF in the U.S. earlier today. The fund is trading on the NYSE under the ticker GDLC and bundles Bitcoin, Ethereum, XRP, Solana, and Cardano.<\/p>\n The launch follows SEC approval and reflects growing demand among institutional and retail investors for broader crypto investment options.<\/p>\n \u201cDOGE, XRP, SOL, SUI, APT and others are now ushering in the next wave of these as investors look for opportunities and applications outside of BTC and ETH,\u201d said Paul Howard from Wincent. \u201cFor institutions that cannot own spot directly, these vehicles provide a wrapper and move liquidity into the ecosystem.\u201d<\/p>\n Friday\u2019s retreat comes as Trump publicly criticized Putin and urged allies to stop buying Russian oil, fueling market volatility. <\/p>\n On Thursday, Trump said Putin had \u201creally let me down\u201d and added, \u201cvery simply, if the price of oil comes down, Putin is going to drop out\u2026 he\u2019s going to have no choice, he\u2019s going to drop out of that war.\u201d<\/p>\n Meanwhile, earlier this week, the Federal Reserve cut interest rates<\/a> by a quarter-point to support a slowing U.S. economy, citing weaker job growth, persistent inflation, and the impact of tariffs. <\/p>\nLiquidations and ETFs<\/h2>\n
Macro Uncertainty <\/h2>\n