The latest market recap from Wintermute, one of the biggest market makers in the industry, shows a particularly interesting trend switch. According to the expert panel at Wintermute, the crypto currency sector has exceeded expectations, showcasing resilience after Fed Chair Kevin Warsh’s hawkish tone during the speech, as well as a noticeable crunch in the U.S. IT field.
Market Resilience Proves Itself Amid Altcoin Dominance
The chip sell-off month didn’t force Bitcoin (BTC) to give away the breakout gains, going against the expectations of many seasoned market analysts. This macroeconomic resilience has flown into the broader altcoin market as well. “Under the surface, breadth held up better than ETH’s -0.86% suggests, with altcoins at +0.61% beating both majors”, the market review states.
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XRP was the leader of this major-cap pack. The OG altcoin scorched all the way from $1 to $1.70, while some Wall Street giants like Goldman Sachs timed the opportunity perfectly.
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On the other hand, Wintermute says a one-week trend shall not be taken as a general conclusion: the geopolitical squabbles still tend to affect price values despite the strong macroeconomic resilience.
Nevertheless, Wintermute regards the FOMC meeting on September 15-16 to decide the market’s near-term direction. With both XRP & Bitcoin (BTC) registering beyond ten straight days of positive ETF inflows, the consistency of institutional interest will also play a key role. XRP’s products pulled in $110 million last week, while BTC’s ETFs inked $925 million.
If XRP continues this dominance against BTC, it historically paints a bullish picture: a similar setup took Ripple’s native coin to the $3.65 all-time high in 2025, but that was along with the SEC victory, something traders have priced in immediately after the favorable ruling in the landmark case.
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