Crypto Market Rally: BTC, BNB, SOL, XRP, ETH Surge Amid Q4 Momentum

The crypto market is seeing renewed bullish momentum to begin the fourth quarter of this year, with BTC, BNB, SOL, XRP, and ETH recording significant gains over the past few days. This rally has come on the back of several factors, including a potential Fed rate cut and a turnaround in the ETF flows.

Crypto Market Rallies With BTC, BNB, SOL, XRP, ETH On The Rise

TradingView data shows that the total crypto market cap is back above the $4 trillion mark, rising over 10% in the last week. This has come on the back of significant rallies for BTC, BNB, SOL, XRP, and ETH.

The Bitcoin price has rallied above $120,000 from a weekly low of around $109,000. BNB has rallied to a new all-time high (ATH) of $1,130 while SOL, XRP, and ETH have also reclaimed key psychological price levels.

The crypto market rally occurs amid renewed bullish momentum in the fourth quarter of the year, driven by several bullish catalysts. Thanks to these catalysts, there are predictions that BTC could reach a new all-time high by the end of this year, surpassing $124,000 in the process.

Fed Rate Cuts

Further rate cuts to close out this year are one of the catalysts fueling the market rally. CME FedWatch data shows that there is currently a 96.7% chance that the Fed will lower rates again at the upcoming FOMC meeting this month. This will mark the second rate cut of the year, following the first last month.

Fed rate cuts have a significant impact on the crypto market, and market participants look to be pricing in this cut as being bullish for crypto prices. It is worth mentioning that the Fed is also projected to make another cut at the December meeting.

ETF Inflows and Upcoming ETF Approvals

The ETF inflows and upcoming ETF approvals are another catalyst for the rally in crypto prices. As CoinGape reported, the Bitcoin ETFs have recorded $2.2 billion in weekly inflows, injecting new liquidity into the BTC ecosystem. Meanwhile, the Ethereum ETFs have recorded $1.06 billion in inflows this week.

Furthermore, the crypto market is already anticipating the ETF approvals for the Litcoin, Solana, XRP, and Dogecoin funds. Bloomberg analyst Eric Balchunas stated that there is a 100% chance of approval for these crypto ETFs under the new generic listing standards. These funds could drive in fresh liquidity as institutional investors look to gain exposure to these altcoins.

Historical Data Also Fueling Crypto Market Rally

Historical data also serves as one of the catalysts fueling this market rally. The fourth quarter of the year is historically the best period for Bitcoin, with the flagship crypto recording an average gain of 79% during this period.

Q4 is well ahead of the first quarter, which is the second-best performing quarter for Bitcoin, with an average gain of 51%. Notably, Binance co-founder Changpeng “CZ” Zhao also recently alluded to Bitcoin’s historical performance as he hinted at the likelihood of another ‘Uptober’ rally.

Meanwhile, other factors that could be fueling this crypto market rally include the Crypto Market Structure bill, which could pass in this fourth quarter. Depending on how long the government shutdown lasts, the markup phase for the bill could occur this month before it is then sent to the Senate floor.

It is worth mentioning that Bitcoin rallied to a new ATH in the week that the U.S. President Donald Trump signed the GENIUS Act into law. As such, this crypto regulation, which has a broader impact, could also contribute to a further rally to the upside.