The post Crypto Price Analysis 9-26: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, FILECOIN: FIL, JUPITER: JUP appeared on BitcoinEthereumNews.com.
The cryptocurrency market was a sea of red after a brutal week left traders reeling as major cryptocurrencies traded in bearish territory. The drop has pushed the market into negative territory for September, although Bitcoin (BTC) is holding on to a 1% gain for the month. The markets have shed over 2% in the past 24 hours, with the market cap down to $3.75 trillion. BTC slumped to a four-week low as selling pressure intensified. The flagship cryptocurrency fell to an intraday low of $108,776 before registering a marginal recovery and reclaiming $109,000. BTC is down over 2% during the ongoing session, trading around $109,393, with sellers in control. Ethereum (ETH) slumped below the key $4,000 mark and is down nearly 3%, trading around $3,910. Ripple (XRP) is down almost 4%, trading around $2.75, while Solana (SOL) lost the key $200 level and is trading around $195, down over 5%. Dogecoin (DOGE) is down 4%, while Cardano (ADA) is down 3%, trading around $0.772. Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Litecoin (LTC), Toncoin (TON), and Polkadot (DOT) also registered notable declines over the past 24 hours. TeraWulf Planning $3B Debt-Finance Expansion Google-backed crypto miner TeraWulf plans to raise around $3 billion to expand its data centers. TeraWulf’s finance head, Patrick Fleury, stated that Google is supporting the deal. The debt will be issued through the high-yield bond market or leveraged loans. Morgan Stanley is overseeing the transaction, which could be executed as early as October. The deal is also being reviewed by credit rating agencies, with expectations it will land between BB and CCC, the typical range for junk-rated debt. However, Google’s support could help secure a higher grade. TeraWulf’s push comes amid growing demand for artificial intelligence infrastructure, which has outstripped supply. AI’s rapid growth has created a severe…