Colin Farrell – Senior Manager of Institutional Coverage – and Matt Sheffield – Head of Spot Trading – return to unpack a crypto market split right down the middle.
Post-Labor Day exhaustion has traders divided: some are hedging downside and taking profits on older alts, while others are piling into Solana, Hyperliquid, and tokens tied to upcoming ETFs and treasury inflows.
The pair also discusses why VCs are selling as TradFi players step in to buy, and how macro catalysts like payrolls and the Fed’s September meeting could set up a surprise rally if expectations prove too bearish.