News/Daily Market Wrap | Sep. 12

Daily Market Wrap | Sep. 12

Sep 12,2025,17:12

Hot Topics

  • Bitcoin traded near $115,150 on Sept 12, 2025, hitting a three-week high after U.S. CPI data met expectations, boosting market sentiment.
  • Wells Fargo: Fed to deliver 5 rate cuts through mid-2026.
  • Forward Industries closed a $1.65 billion PIPE deal on Sept 11, 2025 to build a corporate treasury focused on Solana, sending its stock up ~15% pre-market.
  • Figure Technologies IPO targets a valuation of over $5 billion on Nasdaq.

Market Updates

  • Solana’s market cap surpassed MercadoLibre’s, pushing SOL ahead in asset rankings as crypto valuations shift.
  • Dogecoin surged ~6% on Sept 12, 2025, as traders bet on the launch of the first U.S. Dogecoin ETF, with whale buying lifting volume above $1.1B.
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