[LIVE] Crypto News Today, September 16: Bitcoin Regains $115K, Base Airdrop Hints, and the Best Altcoins to Buy Now
Crypto markets enter a decisive week as investors brace for the Federal Reserve’s FOMC meeting on September 17, where a 25bps rate cut is widely expected. Bitcoin has already shown choppy price action, briefly slipping below $115K before regaining support, while traders eye potential volatility around the Fed’s decision. Attention is also shifting to Coinbase’s Base network after Jesse Pollak hinted at the possibility of launching a native token and a possible airdrop. With Bitcoin consolidating and new opportunities emerging, investors are asking which altcoins might be the best to buy right now.
EXPLORE:
Bitcoin fell around 2,36% on Monday, struggling near $115,000 as traditional markets gained ahead of the Federal Reserve’s interest rate decision. While the S&P 500 and Nasdaq opened higher and gold surged to within $20 of record levels, BTC diverged with a “classic” pre-FOMC dip.
(Source: )
Analysts noted that Bitcoin often corrects into Fed meetings. Markets largely expect a 0.25% rate cut, which could serve as a catalyst for risk assets if confirmed.
bitcoin
Price
Market Cap
BTC
$2.30T
24h7d1y
Sentiment across markets remains cautious. While U.S. equities climb a “wall of worry,” large investors are still positioned net short on futures, a stance some see as contrarian fuel for continued gains. Meanwhile, the sits at a neutral 50/100, reflecting indecision rather than euphoria as Bitcoin hovers just below price discovery.
Best Altcoins to Buy? Base Weighs Network Token as Airdrop Speculation Builds
Alongside Bitcoin’s price action, another development caught attention: Coinbase’s Base network may soon issue a native token. Jesse Pollak, founder of Base, said at the recent BaseCamp event that discussions are ongoing, though no final decision has been made. The idea marks a shift from Coinbase’s previous denials.
Base is beginning to explore a network token
We’re in the early phases of exploration, and don’t have any specifics to share around timing, design, or governance. We’re committed to bringing the community along with us, and building in the open.
— Base (@base)
The token, if launched, could support decentralization, governance, and developer incentives on one of Ethereum’s fastest-growing Layer-2 networks. With Base already securing around $5 billion in total value locked, community and regulatory input will be key as talks progress.
Dust Settles Over HYPE Price After Hyperliquid Stablecoin Decision
By Fatima
The dust is settling over Hyperliquid’s stablecoin partner decision, and now 99Bitcoins analysts are dissecting what’s next for HYPE price.
HYPE price consolidation was rocked this week as the fast-growing derivatives exchange Hyperliquid concluded its highly anticipated stablecoin tender, with users voting to select Native Markets as issuer of the new USDH token.
supreme finance
Price
Market Cap
HYPE
$168.35K
24h7d1y
The decision, finalized on September 15 after a week-long bidding process, marking one of the most significant developments yet in the $160Bn stablecoin sector.
