[LIVE] Crypto News Today, September 16: Bitcoin Regains $115K, Base Airdrop Hints, and the Best Altcoins to Buy Now

[LIVE] Crypto News Today, September 16: Bitcoin Regains $115K, Base Airdrop Hints, and the Best Altcoins to Buy Now


Crypto markets enter a decisive week as investors brace for the Federal Reserve’s FOMC meeting on September 17, where a 25bps rate cut is widely expected. Bitcoin has already shown choppy price action, briefly slipping below $115K before regaining support, while traders eye potential volatility around the Fed’s decision. Attention is also shifting to Coinbase’s Base network after Jesse Pollak hinted at the possibility of launching a native token and a possible airdrop. With Bitcoin consolidating and new opportunities emerging, investors are asking which altcoins might be the best to buy right now.

EXPLORE: Coinbase Is Thinking About a Token for Base Network

Bitcoin btc logobtc logoBTC ▲0.29% fell around 2,36% on Monday, struggling near $115,000 as traditional markets gained ahead of the Federal Reserve’s interest rate decision. While the S&P 500 and Nasdaq opened higher and gold surged to within $20 of record levels, BTC diverged with a “classic” pre-FOMC dip.

AUXUSD - Gold reaches all time highAUXUSD - Gold reaches all time high

(Source: AUXUSD)

Analysts noted that Bitcoin often corrects into Fed meetings. Markets largely expect a 0.25% rate cut, which could serve as a catalyst for risk assets if confirmed.

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Sentiment across markets remains cautious. While U.S. equities climb a “wall of worry,” large investors are still positioned net short on futures, a stance some see as contrarian fuel for continued gains. Meanwhile, the Crypto Fear & Greed Index sits at a neutral 50/100, reflecting indecision rather than euphoria as Bitcoin hovers just below price discovery.

Best Altcoins to Buy? Base Weighs Network Token as Airdrop Speculation Builds

Alongside Bitcoin’s price action, another development caught attention: Coinbase’s Base network may soon issue a native token. Jesse Pollak, founder of Base, said at the recent BaseCamp event that discussions are ongoing, though no final decision has been made. The idea marks a shift from Coinbase’s previous denials.

The token, if launched, could support decentralization, governance, and developer incentives on one of Ethereum’s fastest-growing Layer-2 networks. With Base already securing around $5 billion in total value locked, community and regulatory input will be key as talks progress.

There are no live updates available yet. Please check back soon!

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FatimaFatima

Fatima is a rising crypto journalist with a sharp eye for hidden gems and technical analysis. When she’s not charting the next big breakout or diving into onchain data, a firm believer that alpha is where you least expect it,…
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