Altcoins outpace bitcoin as celestia jumps 16%, Warsh silent on interest-rate plans

Bitcoin BTC$82,254.55 was little changed since midnight UTC, trading around $82,100 after bouncing from a dip to about $81,600 at around 03:30 UTC. It’s comfortably above Thursday’s brief break below $80,000, its first in a month.

Altcoins edged ahead, with ether ETH$2,464.17 adding 0.5% near $2,450 and the CoinDesk 80 (CD80) gaining 0.46%, while the bitcoin-heavy CoinDesk 5 (CD5) held steady. Celestia (TIA) jumped 16%, injective INJ$9.0598 rose 7.7% and layerzero ZRO$2.1966 added 7.3%, leaving four in every five CoinDesk 100 Index (CD100) members higher and lifting CoinMarketCap’s Altcoin Season index to 60 from 50 a day earlier.

Asian equities steadied after Thursday’s rout, with South Korea’s Kospi closing 2.05% higher and Japan’s Nikkei up 1.39%, while S&P 500 futures were little changed after the index snapped a three-day losing streak.

Federal Reserve Chair Kevin Warsh declined to signal the central bank’s intentions for its meeting later this month in a speech at the IMF and World Bank meetings in Bangkok, with the odds of an October interest-rate increase dropping to about 15% from roughly 30%, according to the CME Fedwatch tool. Treasury yields were largely stable.

Derivatives positioning