Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade
Published . Updated .
Starknet and arbitrum gained more than 17% while the 10-year Treasury yield slipped back below 5%, with 98 of CoinDesk 100 constituents advancing.
Directly affected
- CRCW Crypto
Named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust
This price moves with the crypto market
- COIN Coinbase
The crypto exchange moves with trading volumes
- MSTR Strategy
This company's value is tied to its bitcoin holdings
- MARA MARA Holdings
Bitcoin miners move with the bitcoin price
- TLT iShares 20+ Year Treasury Bond
Long-term bonds move when yields change
- IEF iShares 7-10 Year Treasury Bond
Treasury bonds move when yields change
- RIOT Riot Platforms
Bitcoin miners move with the bitcoin price
- HOOD Robinhood
Retail trading apps move with crypto volumes
- SHY iShares 1-3 Year Treasury Bond
Short-term bonds move when the Fed changes rates
- SPY SPDR S&P 500
Stocks move when the Fed changes the rate path
Price reaction, T-5 to T+3
Starknet and arbitrum gained more than 17% while the 10-year Treasury yield slipped back below 5%, with 98 of CoinDesk 100 constituents advancing.
Source: CoinDesk
The price since 18 Sep 2026: Direxion Daily Financial Bull 3X Etf (FAS) versus the S&P 500
Since the first closing price after “Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade,” Direxion Daily Financial Bull 3X Etf (FAS) is -6.20%. The S&P 500 fund (SPY) is -0.89% over the same days, a -5.30% difference versus the market.
Who gains and who loses around Direxion Daily Financial Bull 3X Etf (FAS)
Companies tied to this story
- FAS Direxion Daily Financial Bull 3X Etf
For “Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade,” Direxion Daily Financial Bull 3X Etf (FAS) is linked, with no stored direction, medium confidence. Reason on file: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BITW Bitwise 10 Crypto Index ETF
In “Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade,” Bitwise 10 Crypto Index ETF (BITW) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BLOX Nicholas Crypto Income Etf
In “Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade,” Nicholas Crypto Income Etf (BLOX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- EZPZ Franklin Crypto Trust
In “Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade,” Franklin Crypto Trust (EZPZ) is linked, with no stored direction, medium confidence. Reason on file: GA selected EZPZ as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FDIG Fidelity Crypto Industry And Digital Payments Etf
Fidelity Crypto Industry And Digital Payments Etf (FDIG) is linked, with no stored direction, medium confidence in the 18 Sep 2026 story “Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade.” Reason on file: GA selected FDIG as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FNDB Schwab Fundamental US Broad Market ETF
Schwab Fundamental US Broad Market ETF (FNDB) is linked, with no stored direction, medium confidence in the 18 Sep 2026 story “Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade.” Reason on file: GA selected FNDB as a RELATED security because its canonical security name directly matches this event's themes: broad. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- TLT Ishares Tr
For “Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. Reason on file: Major monetary and inflation developments can transmit across duration, inflation-linked Treasuries, gold, and dollar proxies; no direction is implied by the link itself
- IEF Ishares Tr
Ishares Tr (IEF) is linked, with no stored direction, medium confidence in the 18 Sep 2026 story “Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade.” Reason on file: Major monetary and inflation developments can transmit across duration, inflation-linked Treasuries, gold, and dollar proxies; no direction is implied by the link itself
Direxion Daily Financial Bull 3X Etf (FAS)
Direxion Daily Financial Bull 3X Etf (FAS) is the company in “Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade,” the 18 Sep 2026 this story story.
For Direxion Daily Financial Bull 3X Etf (FAS), the reason on file says GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
A second company, Bitwise 10 Crypto Index ETF (BITW), is listed for a different reason: GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Price levels for Direxion Daily Financial Bull 3X Etf (FAS)
BITW traded between 51.43 and 56.92 across 20 sessions. The latest close on file is 52.47. BLOX traded between 11.35 and 15.12 across 20 sessions. The latest close on file is 11.52. FAS traded between 136.16 and 161.95 across 20 sessions. The latest close on file is 152.93.
A simple score for Direxion Daily Financial Bull 3X Etf (FAS)
46 out of 100
“Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade” scores 46 out of 100. The score uses 1 sources, and 11 linked companies.