Bitcoin, XRP and Solana each gained more than 10% in the week before September 24, then fell together before rebounding the following day. XRP dropped 6.9% on September 24, while Bitcoin and Solana each lost about 2%. As of September 25, Bitcoin traded at $84,403, XRP at $1.55 and Solana at $117. The earlier rally was supported by Bitcoin’s first weekly close above its 50-week moving average in 45 weeks, the forced closure of about $300 million in short positions on September 21, and U.S. spot Bitcoin ETF inflows of $999 million on September 21 and $715 million on September 22, according to SoSoValue. For the week, XRP rose 15.8%, Solana gained 15.5% and Bitcoin advanced 10.4%. The September 24 selloff coincided with the five-year U.S. Treasury yield approaching 5%, up from about 4.6% at the start of September and reaching a level not seen since 2007. Higher bond yields can reduce the appeal of assets that do not generate interest, while long-position liquidations added to the selling pressure. Bitcoin options worth about $16 billion were scheduled to expire on Deribit on September 25, with the largest concentration of contracts expiring worthless near $76,000, about 10% below the market price. The expiry passed without a major decline: over the 24 hours leading up to September 25, Bitcoin rose 0.7%, XRP gained 4% and Solana climbed 2.7%. XRP recovered above $1.52, but Bitcoin remained below its September 22 peak of about $87,400 and XRP remained below its September 23 high of $1.66. Solana traded at $117, about 3% above its September 24 price of $114. The analysis concludes that the market may not have reached a peak, although the short-covering impulse has ended and further gains would need to come from fresh buying. Bitcoin’s September 24 low of $83,600 is identified as the key level: a break below it before month-end could make September 23 the market top, while a close above $87,400 would suggest the rally is back on track.