{"id":46785,"date":"2025-09-10T12:46:52","date_gmt":"2025-09-10T12:46:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=46785"},"modified":"2025-09-10T12:46:52","modified_gmt":"2025-09-10T12:46:52","slug":"crypto-markets-today-ip-token-surges-on-corporate-treasury-adoption","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=46785","title":{"rendered":"Crypto Markets Today: IP Token Surges on Corporate Treasury Adoption"},"content":{"rendered":"<div>\n<p>The crypto market was steady early Wednesday, with bitcoin (BTC) bouncing back above $112,000. <\/p>\n<p>Smaller coins like IP, MNT and PUMP posted double-digit gains over the past 24 hours, lifting CoinMarketCap&#8217;s altcoin season index to almost 60% in a signal that the season has probably started.<\/p>\n<p>Story Protocol&#8217;s IP token rose to over $10 as Heritage Distillery, one of the companies to adopt altcoins as treasury assets, <a href=\"https:\/\/x.com\/TheBlock__\/status\/1965488473449562303\">refined strategy<\/a> to build IP reserves. <\/p>\n<p>Traders are looking to tomorrow&#8217;s U.S. inflation data to set the tone for the next big move in asset prices. <\/p>\n<p>&#8220;With inflation and jobs revisions intersecting, market sentiment in the short term still favors rate-cut optimism,&#8221; analysts at Bitunix said in an email. <\/p>\n<p>&#8220;If data stays within a moderate range, risk assets could see rebound potential. However, if inflation overshoots expectations, dollar strength may pressure BTC and ETH. Key levels to watch: BTC 108,800 support and ETH 4,250 support.&#8221;<\/p>\n<p><strong>Derivatives Positioning<\/strong><\/p>\n<p>By Omkar Godbole<\/p>\n<ul>\n<li>BTC&#8217;s futures open interest (OI) has remained steady over the past 24 hours as traders sit on the sidelines ahead of tomorrow&#8217;s U.S. CPI release.<\/li>\n<li>OI in ETH, SOL and HYPE has increased by over 2%, while XRP, SUI, ADA, and ENA have seen capital outflows.<\/li>\n<li>Annualized funding rates for top coins except TRX and XLM are hovering at or above 10%, indicating a bullish bias but nothing out of ordinary. In other words, there are no signs of excess leverage buildup or overheating.<\/li>\n<li>On the CME, notional open interest in BTC options has climbed to a record $5.6 billion, while activity in futures remains subdued.<\/li>\n<li>On Deribit, BTC and ETH puts out to December expiry continue to trade at a premium to calls, indicating lingering downside concerns.<\/li>\n<li>Block flows at OTC desk Paradigm featured a long position in the ether $4,000 put expiring on Sept. 26.<\/li>\n<\/ul>\n<p><strong>Token Talk<\/strong><\/p>\n<p>By Oliver Knight<\/p>\n<ul>\n<li>The crypto market has entered &#8220;altcoin season&#8221; despite sentiment remaining in bearish territory.<\/li>\n<li>CoinMarketCap&#8217;s <a href=\"https:\/\/coinmarketcap.com\/charts\/altcoin-season-index\/\">altcoin season index<\/a> has ticked up to 59\/100, topping August&#8217;s high of 57 as capital continues to rotate into the more speculative tokens.<\/li>\n<li>Market intelligence platform Santiment noted that while prices are moving to the upside, sentiment is becoming more negative.<\/li>\n<li>&#8220;Traders have changed their tunes, swinging more and more negative with expectations of bitcoin falling back below $100K, Ethereum back below $3.5K, and altcoins going through a retrace period,&#8221; Santiment <a href=\"https:\/\/x.com\/santimentfeed\/status\/1965512799700111621\">wrote on X<\/a>.<\/li>\n<li>Altcoins remain unperturbed with mantle (MNT) and pyth (PYTH) leading the way, gaining 15% and 10%, respectively, over the past 24 hours.<\/li>\n<li>Bitcoin (BTC), the largest cryptocurrency in terms of market cap, continues to languish around $112,500.<\/li>\n<li>Previous altcoin seasons have occurred when bitcoin consolidates as traders rotated capital to speculative assets without the risk of missing out on a major BTC move.<\/li>\n<li>Bitcoin has been trading between $107,000 and $113,000 for more than two weeks after failing to break beyond $124,000.<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market was steady early Wednesday, with bitcoin (BTC) bouncing back above $112,000. Smaller coins like IP, MNT and PUMP posted double-digit gains over the past 24 hours, lifting CoinMarketCap&#8217;s altcoin season index to almost 60% in a signal that the season has probably started. Story Protocol&#8217;s IP token rose to over $10 as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-46785","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/46785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46785"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/46785\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}