![[LIVE] Digital currency News for Today, September 16: BTC Recovers to $115K, Base Airdrop Indications, and Top Altcoins to Consider Purchasing Now](https://i2.wp.com/99bitcoins.com/wp-content/uploads/2025/04/Fatima99btc.jpg?w=770&resize=770,470&ssl=1 "[LIVE] Digital currency News for Today, September 16: BTC Recovers to $115K, Base Airdrop Indications, and Top Altcoins to Consider Purchasing Now")
[LIVE] Digital currency News for Today, September 16: BTC Recovers to $115K, Base Airdrop Indications, and Top Altcoins to Consider Purchasing Now
Crypto markets are poised for a critical week as investors prepare for the Federal Reserve’s FOMC meeting on September 17, where a 25bps rate reduction is anticipated by many. Bitcoin has already exhibited volatile price movements, momentarily dipping below $115K before finding support again, as traders brace for potential market fluctuations surrounding the Fed’s outcome. Focus is also shifting toward Coinbase’s Base platform after Jesse Pollak teased the possibility of introducing a native token and a potential free token distribution. With Bitcoin in a consolidation phase and fresh opportunities on the horizon, investors are curious about which altcoins could be worthwhile purchases at this moment.
DISCOVER: Coinbase Considers a Coin for Base Protocol
Bitcoin 
BTC ▲0.29% declined approximately 2.36% on Monday, struggling around the $115,000 mark as traditional markets rose in anticipation of the Federal Reserve’s interest rate news. While the S&P 500 and Nasdaq opened higher and gold nearly hit database highs, Bitcoin diverged with a typical pre-FOMC drop.
(Source: AUXUSD)
Trading market analysts observed that Bitcoin generally experiences corrections leading into Fed meetings. Most expect a 0.25% rate cut, which could act as a catalyst for risk assets if confirmed.
Crypto market sentiment remains cautious. Even as U.S. equities ascend against a backdrop of concern, large investors continue to hold net short positions on futures, a strategy that some interpret as contrarian fuel for ongoing growth. Simultaneously, the Crypto Fear & Greed Index sits at a neutral 50/100, signaling uncertainty rather than exuberance as BTC lingers just below price discovery.
Top Altcoins to Purchase? Base Considers Protocol Token as Airdrop Speculation Grows
Alongside Bitcoin’s fluctuations, another noteworthy development has emerged: Coinbase’s Base protocol may soon introduce a native token. Jesse Pollak, the founder of Base, mentioned at the recent BaseCamp event that discussions are in progress, though no definitive decision has been reached. This idea marks a departure from Coinbase’s earlier rejections.
Base is starting to investigate a network token
We’re in the initial stages of exploration and don’t have specific details regarding timing, design, or governance. Our commitment is to involve the community in the process and build transparently. pic.twitter.com/KUKzrfjzXT
— Base (@base) September 15, 2025
If the coin is launched, it could facilitate decentralization, governance, and incentives for developers on one of Ethereum’s rapidly expanding Layer-2 networks. With Base already amassing around $5 billion in total value locked, input from the community and regulators will be crucial as discussions advance.
Calm Resumes Over HYPE Price Following Hyperliquid Stablecoin Verdict
Following the decision on the stablecoin partner for Hyperliquid, analysts at 99Bitcoins are analyzing what lies ahead for HYPE pricing.
This week, HYPE price stability was shaken as the rapidly growing derivatives trading network Hyperliquid concluded its highly awaited stablecoin tender, with users selecting Native Markets as the issuer of the new USDH coin.
The outcome, finalized on September 15 following a week-long bidding war, represents one of the most significant strides yet in the $160Bn stablecoin industry.
The post [LIVE] Crypto News Today, September 16: BTC Recovers $115K, Base Free token distribution Speculations, and Top Altcoins to Consider Now appeared first on 99Bitcoins.
