The crypto market did not follow the US stock market to reach new highs, MicroStrategy buys another 525 Bitcoins as MSTR falls 1.1%.

The market bets that the Federal Reserve's loose policy will continue to provide momentum for U.S. companies, pushing the S&P 500 index above 6,600 points. The Nasdaq index has recorded its longest gain since 2023. Tesla's stock price rose, erasing the losses of 2025, thanks to Musk's $1 billion stock acquisition. The crypto assets market fell by 1% in the past 24 hours, not following the stock market's rise. The pioneer of Bitcoin reserve strategy, MicroStrategy (, bought back 525 BTC at an average price of 114,562, bringing its open interest to 638,985 Bitcoins, but MSTR still fell by 1.1%.

)Musk massively invested 1 billion dollars to repurchase TSL stocks, causing the stock price to soar(

The market focuses on the Federal Reserve's interest rate decision.

The signs of a weak labor market and the absence of significant inflation surprises have confirmed that the Federal Reserve (FED) will cut interest rates by 25 basis points in September, and the money market's expectations for this have become a certainty. However, the biggest question lies in the pace of rate cuts thereafter, as price increases remain stubbornly above the Federal Reserve's (FED) 2% target.

The meeting will also release quarterly economic and interest rate forecast updates ), namely the dot plot (. The Federal Reserve Chairman Powell will also hold a press conference after the regular decision at 2:30 AM Taiwan time on September 18. Traders are really focused on the tone of Powell's press conference and the dot plot forecast.

Thierry Wizman of Macquarie Group stated:

"In light of American companies becoming increasingly unwilling to hire, The Federal Reserve (FED) will cut interest rates by 25 basis points this week. Powell will provide a balanced policy, reiterating the downside risks to job growth, but will not hint at implementing long-term ) rate cuts after September."

In addition, the central banks of the UK, Taiwan, and Japan will announce their interest rate decisions this week, with the market generally expecting them to keep rates unchanged. In Canada, due to disappointing employment data and economic contraction in the second quarter, the market expects the Bank of Canada to lower the benchmark overnight rate.

The crypto market has not risen with the stock market, the altcoin season index is at a critical value.

The Crypto Assets market has fallen by 1% in the past 24 hours, with Bitcoin's dominance slightly rising to 57.4.

Leveraged long squeezes triggered $435 million in liquidations, with $118 million in ETH being the largest. After the supply of Ethereum stablecoins hit an all-time high without boosting prices, profit-taking has dominated.

Although the profits from altcoins have retraced, the market sentiment remains neutral. The altcoin season index is close to the critical value of 75, with values above (75 indicating what is known as altcoin season. The current value is 72).

MicroStrategy buys another 525 BTC, MSTR falls 1.1%

The pioneer of Bitcoin reserve strategy, MicroStrategy Strategy (, originally named MicroStrategy), has once again bought 525 Bitcoins at an average price of $114,562, bringing its open interest to 638,985 Bitcoins.

This time, a total of 68.2 million USD was raised through preferred stocks STRF, STRK, and STRD, while common stock MSTR was not issued. However, the stock price still fell by 1.1% to 327.79 USD, and mNAV dropped to 1.47.

This article discusses the crypto market not following the US stock market to new highs, MicroStrategy bought another 525 BTC, and MSTR fell by 1.1%, first appearing in Chain News ABMedia.