ETHFI surged 10.2% to $0.6822, making it the top gainer, while Bitcoin traded near $77,208, down 1.1% within its recent 30-day range. Total crypto market capitalization fell 4% to $2.64 trillion, while Bitcoin dominance remained steady at 58.5%. In the previously reported week through 6:45 AM UTC on September 11, 2026, Bitcoin fell 4.36% and Ethereum declined 1.58%, with long liquidations approaching $600 million across Wednesday and Thursday. Rate-hike concerns, rising oil prices, escalation in the Strait of Hormuz and a weak reception to Bessent’s bond buybacks pressured risk assets, although funding rates remained largely within healthy ranges. Strategy bought back another $176 million in STRC and expanded its Digital Credit Securities Program to $2 billion. Germany is seeking a flat 25% tax on crypto gains, while U.S. Bank completed a live pilot transaction using its proprietary USD stablecoin, USBDC. Tokenized stocks remained a major industry theme, with Nasdaq investing $100 million in Kraken parent Payward, AMC CEO Adam Aron and Robinhood clashing over tokenizing AMC stock, and Ark Invest taking a $10 million position in Securitize. The Ethereum Foundation outlined upgrades for the upcoming Hegotá upgrade, including censorship resistance and native account abstraction, with quantum resistance targeted for 2029. Other developments included Robinhood’s integration of Crypto.com prediction markets, a Trezor third-party email breach affecting approximately 347,000 addresses, Harmony’s planned L1 shutdown and migration to Ethereum, and MetaMask’s separation from ConsenSys. DeFi developments included Pump.fun’s custom token pairs, Router Protocol’s planned wind-down and a white-hat exploit involving 4,000 BTC valued at $320 million on Liquid Network. Latitude, Cari Network, OpenReserve and Antarctic raised $35 million, $32.5 million, $25 million and $7 million, respectively.