Crypto Markets Head into Q4 with Mixed Quarter Gains
Crypto markets are heading into Q4 after a mixed third quarter for major tokens. Bitcoin and four key assets remained above their June 30 prices, despite some significant declines.
Ethereum led the gains, with a 70% increase from its June 30 level. XRP fell sharply on September 23, but still held onto a 43% gain from its starting point. Solana and BNB maintained a 55% and 40% rise respectively.
The quarter saw heavy crypto liquidations, with $587 million in derivatives recorded over the past 24 hours. Bitcoin ETF inflows supported a late-quarter rally, with nearly $1.7 billion added to funds on September 21-22.