QCP Asia Colour – 15 September 2025 Crypto bounced back after last week’s CPI jitters, with risk appetite returning as spot ETF inflows surged. BTC logged five straight days of gains, while ETH saw its biggest inflow in two weeks. Even XRP and SOL rallied on SEC delays, as markets read postponement as inevitability rather than rejection. Altcoins are now in the spotlight, with CMC’s Altcoin Season Index at 72 and total altcoin market cap hitting $1.73T, both the highest in 90 days. BTC looks stable above 107k, but sticky inflation and weak job growth could complicate the Fed outlook. Will markets get the clarity they need before the next big move? Read the full colour here.