Bitcoin Surges Past \$116,700 While Ethereum and Altcoins Hold Steady Before Fed Policy Update

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The cryptocurrency market is showing signs of steady momentum as investors await the outcome of the U.S. Federal Reserve’s policy decision scheduled for Wednesday. XRP remains at $3.01 (roughly Rs. 260), while Binance Coin (BNB) continues its upward push to $948 (roughly Rs. 82,000). Solana (SOL) saw a minor decline to $234 (roughly Rs. 20,300), and Dogecoin (DOGE) trades around $0.265 (roughly Rs. 260). Analysts say traders are closely monitoring institutional flows and macroeconomic signals, which will likely shape the market’s next direction.

According to Edul Patel, CEO of Mudrex, the crypto market is gaining traction, partly fueled by supply-side dynamics. He cited Glassnode data showing that more than 44,000 BTC were withdrawn from exchange reserves in September alone. This tightening of available liquidity could ease immediate selling pressure. Patel added that gold’s recent rally to record highs may reinforce Bitcoin’s bullish outlook, creating additional support for the world’s largest cryptocurrency.

Market analysts at CoinSwitch emphasized Bitcoin’s symmetrical trading pattern, suggesting that compression in price movement could lead to a decisive breakout. They also highlighted that the upcoming Fed decision is a key driver of market sentiment, with growing speculation around a possible 25 basis point rate cut. Softer inflation numbers and weaker labor market data have strengthened these expectations. Furthermore, discussions around the proposed U.S. Bitcoin Strategic Reserve Act are adding to the long-term bullish narrative, potentially influencing both demand and regulation.

CoinDCX researchers pointed out that Bitcoin registered a solid rise before the daily close, bolstering bullish momentum. The team noted that BTC continues to form higher highs and higher lows, which keeps altcoins in a phase of consolidation. While XRP and BNB have shown relative strength, ETH, SOL, DOGE, and ADA are struggling to defend key support zones. Sentiment remains cautious but steady, with investors awaiting both regulatory clarity—such as the SEC’s delayed review of the Truth Social Spot Bitcoin ETF—and the Fed’s policy announcement before making major moves.

Redmi 15R 5G Debuts With Dimensity 6300 Chipset and 6,000mAh Battery – Full Specs and Pricing

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Xiaomi has officially introduced the Redmi 15R 5G in China, expanding its mid-range smartphone lineup with a focus on performance and durability. The device brings together a large 6,000mAh battery with 33W fast charging, ensuring extended usage for heavy users. Powering the phone is the MediaTek Dimensity 6300 chipset, paired with up to 12GB of RAM and 256GB of internal storage, making it suitable for multitasking and gaming alike. Its IP64-rated design also provides added resistance against dust and splashes, enhancing everyday durability.

On the visual front, the Redmi 15R 5G features a massive 6.9-inch display with support for a 120Hz refresh rate. This promises smooth scrolling and a better experience for media consumption and gaming. Xiaomi has also made the handset available in four stylish colour options: Cloudy White, Lime Green, Shadow Black, and Twilight Purple, catering to a wide range of style preferences.

In terms of pricing, Xiaomi has positioned the Redmi 15R 5G to be competitive in the market. The base 4GB + 128GB variant is set at CNY 1,099 (approximately Rs. 13,000). Moving up, the 6GB + 128GB model is priced at CNY 1,599 (around Rs. 19,000), the 8GB + 128GB at CNY 1,699 (about Rs. 23,000), the 8GB + 256GB at CNY 1,899 (roughly Rs. 25,000), and finally, the top-tier 12GB + 256GB option costs CNY 2,299 (nearly Rs. 28,000).

Currently, the Redmi 15R 5G is available for purchase in China, though Xiaomi has yet to announce its global rollout plans. Given the specifications and aggressive pricing, the handset is expected to appeal to budget-conscious buyers looking for a feature-rich smartphone with a balance of performance, endurance, and design.

 

FTC investigates Google and Amazon over ad pricing transparency

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The U.S. Federal Trade Commission (FTC) has opened probes into Google and Amazon, examining whether the tech giants misled advertisers about the terms and costs of placing ads on their platforms, according to a source familiar with the matter.

The investigations, led by the FTC’s consumer protection unit, focus on whether the companies properly disclosed pricing structures and auction practices. Regulators are scrutinizing Amazon’s use of “reserve pricing”—a minimum price advertisers must accept before buying an ad—and whether those rules were clearly communicated. Google is being investigated for whether it raised ad costs internally without disclosing the changes to advertisers.

Both companies declined to comment on the probe.

The news comes as the two firms face mounting legal challenges. On September 22, trials are set to begin in separate federal cases:

  • The FTC vs. Amazon in Seattle, alleging the company enrolled consumers into Prime without consent and made cancellations excessively difficult.

  • The DOJ vs. Google in Virginia, where regulators are seeking the breakup of its advertising technology business, after a judge ruled the company illegally monopolized digital ads.

The FTC is also pursuing a broader case accusing Amazon of holding illegal monopolies in online marketplaces.

With the U.S. already pursuing multiple landmark antitrust and consumer protection cases, the latest probe further underscores regulators’ intensified scrutiny of Big Tech’s advertising power, a market worth hundreds of billions annually.