Altcoins posted strong overnight gains, with Celestia (TIA) jumping 16 percent. Injective (INJ) rose 7.7 percent to $8.8994, and LayerZero (ZRO) added 7.3 percent to $1.9787.
Bitcoin (BTC) held steady around $82,100 since midnight UTC, briefly dipping to $81,600 at approximately 03:30 UTC before recovering. The stability follows Thursday's break below $80,000, the first such dip in a month.
Ether (ETH) gained 0.5 percent, trading near $2,450. The CoinDesk 80 Index rose 0.46 percent, while the bitcoin-heavy CoinDesk 5 Index held steady.
Four of every five members of the CoinDesk 100 Index moved higher. CoinMarketCap's Altcoin Season index climbed to 60 from 50, signaling a clear shift toward smaller digital assets.
Federal Reserve Chair Kevin Warsh addressed the IMF and World Bank meetings in Bangkok and declined to signal the central bank's intentions for its upcoming meeting later this month. Following his speech, the probability of an October rate increase dropped to about 15 percent on the CME Fedwatch tool, down from roughly 30 percent. Treasury yields remained largely stable.
Asian equities steadied after Thursday's decline. South Korea's Kospi closed 2.05 percent higher, and Japan's Nikkei index gained 1.39 percent. S&P 500 futures showed little change after the index ended a three-day losing streak.
Real-world asset stablecoins maintain five to seven percent yields from real credit, while crypto funding rates compress to approximately four percent. The GENIUS Act, signed in 2025, enables these yields to be pushed off-chain and has clarified the regulatory path for the sector.
The total addressable market for RWA stablecoins is projected to reach four billion dollars within three years, driven by structural yield advantages and regulatory clarity.
