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ETH $2.7K · Altcoin exchange deposits spike 160% in two weeks ‌ ‌ ‌ ‌ ‌
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Coin Mornings
Your daily crypto, before coffee.
Issue #109 · Wednesday, September 30, 2026
Market mood  Greed · 71/100  ▼ from 73 yesterday
Bitcoin and Ethereum drifted lower today as deposit activity on altcoin exchanges surged, signaling potential selling pressure amid elevated market sentiment.
 
 

☀  The Numbers

Bitcoin (BTC)$83,811  -0.3%
-2.3% this week
Ethereum (ETH)$2,692  -0.9%
-1.4% this week
Total crypto market$2.89T  -2.9%
BTC dominance 58.3% · BTC 34% below its all-time high

☀  The Movers

Top gainers (24h)

QNT Quant+25.7%
PUMP Pump.fun+11.5%
NEAR NEAR Protocol+10.9%
AKE Akedo+8.0%

Top losers (24h)

LIT Lighter-11.7%
BTW Bitway-11.5%
HBAR Hedera-7.7%
CRO Cronos-7.5%

From the top 100 coins by market cap.

☀  The Read

Where the chart sits — description, not prediction

Bitcoin is trading above both its 50-day ($77.3K) and 200-day ($71.3K) averages — the longer-term trend reads as up. Over the past 30 days it has traded between $75.6K and $86.6K; today's price sits in the upper third of that range. RSI(14) is 76 — territory traditionally described as overbought.

See all nine coins on the daily markets page →

☀  The Brief

 Altcoin exchange deposits spike 160% in two weeks

Deposit transactions and addresses on altcoin exchanges hit their highest levels since October, a pattern analysts associate with potential selling pressure despite greed-level sentiment. (Cointelegraph)

 Bitget hackers move $4 million into Zcash privacy pool

Stolen ZEC funds were transferred into Zcash's Ironwood privacy feature, making asset tracing more difficult for law enforcement and highlighting ongoing exchange security risks. (CoinDesk)

 Senator flags Tether USDT as sanctions evasion tool

A Senate subcommittee report named USDT a potential vehicle for Iranian sanctions evasion and referred findings to Treasury and Justice Department for investigation. (Decrypt)

 EU crypto rulebook faces critical MiCA review period

Europe's Markets in Crypto Assets regulation enters its review phase, requiring policymakers to balance market protection against the cost of building in the region. (Cointelegraph)

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Crypto 101

What is a limit order?

An order that only executes at your chosen price or better, versus a market order that fills instantly at whatever the current price is. Limit orders trade speed for control.

“Bitcoin's supply is capped at 21 million. That's the whole pitch in one sentence.”

Coin Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Crypto is volatile — never invest more than you can afford to lose. Some links are affiliate links; we may earn a commission at no cost to you. Prices via CoinGecko, sentiment via alternative​.me, captured shortly before send.

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