Crypto Market Momentum Continues as September Rally Begins
The crypto market’s momentum from the past week carried into September 8, 2025, with prices continuing to climb. The rally was a clear sign of renewed investor confidence following last week’s positive jobs report and the subsequent optimism around a potential Fed rate cut. With a total market capitalization holding well above the $4 trillion mark, the market is signaling a decisive bullish trend as it moves further into September.
Bitcoin (BTC) Defends Key Support as Rally Continues
Bitcoin’s price held its ground, maintaining its position above the $112,000 level and showing resilience after a volatile weekend. This stability is a strong indicator that institutional and retail investors are buying the dips and that the underlying market structure remains sound. The price action suggests that Bitcoin is consolidating for its next major move.
Ethereum (ETH) Shows Resilience Amid Institutional Inflows
Ethereum’s price also saw a modest recovery, trading at around $4,500. The token’s resilience is driven by its strong fundamentals and continued institutional demand. New data shows that despite a few days of outflows, institutional inflows into Ethereum ETFs are still strong, with many analysts expecting a fresh surge in the coming weeks.
Kaspa (KAS): Awaiting Growth Post-Casplex Launch
Kaspa’s price saw a modest increase as the market recovered. The network’s community and developers are focused on building dApps on the newly launched Casplex Layer 2. The coming days will be critical for determining whether the Layer 2 launch can generate long-term momentum.
SUI: Strong Recovery from Token Unlock Pressure
Sui’s price showed a strong recovery, climbing to trade at $3.53. This price action suggests that the market has fully absorbed the supply shock from the recent token unlock. This rebound highlights the underlying demand for SUI at these levels, which prevented a deeper correction.
XRP: A Steady Recovery with the Broader Market
XRP’s price also saw an increase, recovering from its recent dip and showing renewed strength. The token’s performance was in line with the broader market’s renewed optimism. A new report highlighted that a publicly traded company, Hyperscale Data, had purchased 1,700 XRP tokens last week, a sign of growing corporate interest in the asset.
Cardano (ADA): A Solid Rally for a Long-Term Favorite
Cardano’s price saw a modest recovery, following the broader market’s positive trend. The token’s performance was in line with other major altcoins, suggesting that its price is still tied to the overall market sentiment. The community continues to focus on a potential Cardano ETF as a major catalyst for future growth.
Shiba Inu (SHIB): Modest Gains Amid High Volatility
Shiba Inu’s price saw a slight increase, following the broader market’s recovery. The meme coin’s volatility is still high, and its price is heavily influenced by speculative trading. The community continues to focus on the token’s burn rate and the development of its Shibarium ecosystem for future growth.
Dogecoin (DOGE): Bouncing Back with the Bullish Trend
Dogecoin’s price saw a modest increase, recovering from its recent dip. The meme coin’s performance was in line with other major altcoins, suggesting that its price is still tied to the broader market’s movements. Recent news about a potential new treasury plan has not been enough to provide a strong catalyst for a sustained rally.
Pi Network (PI): Struggles with Liquidity and Community Doubts
The Pi Network’s token, PI, also saw its price dip, following the broader market’s negative trend. Despite a recent hackathon announcement, the token is still struggling to gain momentum due to a lack of listings and liquidity. Many investors are now looking for other utility-driven altcoins with real-world applications.
| Cryptocurrency | Current Price | 24h Price Change | Key Catalyst / News |
|---|---|---|---|
| Bitcoin (BTC) | ~$111,624 | +1.65% | Strong institutional inflows; weaker jobs report fuels rate cut hopes. |
| Ethereum (ETH) | ~$4,450 | +1.2% | Continued institutional inflows; corporate treasury adoption is growing. |
| Kaspa (KAS) | ~$0.088 | +0.6% | Holding steady post-Casplex Layer 2 launch. |
| SUI | ~$3.53 | +2.0% | Strong recovery after absorbing token unlock supply. |
| XRP | ~$2.99 | +1.8% | Follows the general market rally with renewed strength. |
| Cardano (ADA) | ~$0.86 | +1.5% | Follows market trend with a solid recovery. |
| Shiba Inu (SHIB) | ~$0.0000124 | +1.1% | Modest gains with high volatility and no new catalysts. |
| Dogecoin (DOGE) | ~$0.215 | +1.5% | Follows the general market trend with a small recovery. |
| Pi Network (PI) | ~$0.34 | +0.9% | Price rebound on community hackathon news, but liquidity is still a concern. |
Outlook: The Market’s Resilience Is Being Tested
The crypto market’s rally on September 5, 2025, signals a decisive shift in investor sentiment, as a weak US jobs report increases the probability of a Fed rate cut. This positive momentum is a strong indicator of market resilience, especially for Ethereum and other altcoins with solid fundamentals. As a new month begins, the focus is now on whether this momentum can be sustained and if altcoins with strong fundamentals can continue to outperform the broader market.
Read more: Crypto Market Analysis (September 7, 2025): Bitcoin Recovers Strong, Signaling a Resilient Market
