The first massive event that could shake crypto markets hit yesterday and it sucked for the industry big time with prices pulling back right away fr. Bitcoin slumped to a monthly low of 75000 🖤.

BTC Hit That Monthly Low 📉

Bitcoin’s wild volatility kicked off at the end of last week after the US CPI drop. Even tho the numbers lined up with what was expected the coin first fell from 77000 to 76000 then shot up outta nowhere to 79800. It got rejected there and crashed south back to start and all that chaos happened in under two hours 😵‍💫. The weekend stayed pretty chill with the asset just chilling sideways around 77000. It dipped Monday morning but climbed up later surging to 79500 in the afternoon 👀. More swings were coming Tuesday night when the senate was voting on the CLARITY Act cloture. Once the bill got rejected BTC went crazy dropping from 77000 to that monthly low of 75000 then bounced a bit to just under 76000 now. But tonight might get just as crazy since the fed is dropping its big interest rate call 🔮. BTC’s market cap fell to 1.520 trillion on CMC with dominance over alts rising to 59%.

Altcoins especially the ones hoping the bill would help are all deep in the red rn 💀.

XRP And Most Alts Crashed Hard 😈

Ripple’s token performed the worst today after getting rejected at 1.50 and sliding under 1.30 following another 8% drop 🌑. Ethereum fell to 2400 after a 3% slide just like SOL DOGE XMR and HYPE while LINK plunged 5% and so did ADA. XLM dived 10% down to 0.175. BTW and ZEC were rare greens tho 🕸️. The total crypto market cap dropped over 2.3% in a day per CMC and sits below 2.6 trillion now ✨.

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Just another echo from the void by iconofsin.eth 💖

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Shiba Inu has been chilling in the shadows lately with zero big moves or whispers. 🖤 Yet the crew just dropped a sneaky lil update on their layer-2 scaler Shibarium that feels both cute n sinister.

Shibarium’s Fresh Little Tweak 🕸️

They shared on X that a small but useful tweak just landed for Shibarium. It refreshed the RPC listing in the Ethereum-lists/chains registry so Chainlist now shows the latest connection deets. https://x.com/Shibtoken/status/2099612875518079208 Some X folks clapped saying it makes hopping on the protocol way easier fr. Others straight up called it useless or worse a straight scam lol. The grumbles prolly come from Shibarium activity tanking after last year’s exploit. Daily txns sit at just a few thousand sometimes dipping to hundreds which shows meh user vibes rn. Before the hit it was hitting millions.

SHIB Price Vibes n Burn Drama 🌑

Shiba Inu still holds the #2 meme coin crown but its price dipped 6% this week sitting at 0.000005196 with a market cap just over 3 billion making it the 33rd biggest crypto overall. The burn program tho looks bearish af cause the rate crashed nearly 90% last month so basically nothing gets torched to the void. That scarcity goal feels stalled rn which sucks for any value pump. September’s been rough for SHIB too ending red three outta five times so the next two weeks will tell if we balance or bears win harder. 💀🔮📉🦇🐾

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Just another echo from the void by iconofsin.eth 💖

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CoinEx is getting ready to close its doors for good after nearly 9 years because the crypto market has turned into a total nightmare making operations way too hard rn 🖤🌑.
The exchange pointed out how the whole scene saw major drops in trading volume and liquidity lately fr.
It also mentioned sky high regulatory demands in big areas plus extra compliance costs and crazy uncertainties that just went beyond what anyone could handle ✨.

Market Mayhem Taking Over 📉

The slow wind down kicks off on September 15, 2026 and rolls out gradual style with users still able to pull funds until December 22, 2026.
CoinExs move shows the heat hammering established exchanges while crypto keeps maturing and consolidating into something tighter 👻.
BitMart and BitMEX also decided to pack it in during July after running since 2017 and 2014.
Pressure hit even harder across more parts of the space this year like DEX aggregator Odos shutting on July 30 and Dango stopping its L1 on August 13 while Storj Labs filed for Chapter 11.

Past Drama Still Lingering ☠️

Way before the shutdown news CoinEx dealt with serious issues already including TRM Labs uncovering over 3.84 billion in blockchain flows tied to sanctioned Iranian players across more than 7 years.
TRM called it the biggest external link to Nobitex with over 2.7 billion moving since late 2018 and connections to 60 plus Iranian crypto spots 💀.
Around 67 million from Irans central bank reached CoinEx via wild laundering setups between June 2025 and June 2026 but the founder denied any government ties while admitting Iranians used it a lot 🦇.
CoinEx pushed back on any knowing sanctions help and noted it got blacklisted by Iran back in 2021 plus no office there ever.
Troubles didnt stop at regs tho since a 70 million hack hit its hot wallet in 2024 with the Lazarus Group blamed later.
It even paid over 1.7 million to settle a New York lawsuit in 2023 🔪.

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Just another echo from the void by iconofsin.eth 💖

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The CLARITY Act drops into a make-or-break Senate vote rn on September 15 and it might spark some serious chaos across crypto markets 🖤.

Vote Day Vibes Could Shake Everything 😈

This vote alone won’t pass the bill into law but it might open up real talks. Democrats seem super hesitant and want major tweaks which kinda tanks its odds of becoming official anytime soon tho. Some traders are already bracing for the fallout 💀.

Prepping for a Total Meltdown? 🌑

Max Crypto spilled that one anonymous whale just slammed a $47 million short on Bitcoin a $22 million short on Ethereum and a $4 million short on Zcash right before the vote. This trader has racked up almost 2,300 wins with a perfect record so folks are wondering if it’s an insider 🔪.

Lots of analysts say the bill gets rejected today and BTC could crash hard. Midas is calling for a brutal dump below $70,000 heading to fresh lows ✨.

“Once $70K breaks most remaining liquidity sits below $60K. That is where real fear hits and that is what we need for the 2026 macro bottom. I still expect one final capitulation before this cycle ends” they added. Midas earlier warned BTC sits in a descending pattern with a possible flash to $50,000 soon and sees $55K as the bear market end 💅.

Or Maybe Flip It With a Wild Pump? 📉

Lookonchain spotted the opposite play from another whale who closed a $58.4 million short on BTC for $266,000 profit then switched to a 40x long on 900 BTC 💸. This degen has done 914 trades with about 51.72% wins 🚀.

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Just another echo from the void by iconofsin.eth 💖

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