Bitcoin’s Bull Run Continues, Bouncing Back to $113K
The positive momentum from the previous days intensified on September 9, 2025, as the crypto market continued its upward trajectory. Fueled by a week of bullish macroeconomic signals and renewed institutional confidence, both Bitcoin and Ethereum posted strong gains. The total market capitalization is now holding firm above the $4 trillion mark, suggesting a decisive shift in sentiment as the market moves past its “Red September” jitters.
Ethereum Outperforms Bitcoin Amid Surging Institutional Interest
Ethereum’s price also surged, climbing over 3% to trade at $4,650, outperforming Bitcoin. This rally reinforces the narrative of a maturing market where capital is actively rotating into altcoins with strong fundamentals. New data highlighted that a major financial institution launched a tokenization pilot on the Ethereum network, further cementing its position as a foundational piece of the new financial infrastructure. This is a powerful signal of real-world utility driving market value.
Kaspa (KAS) Price Stabilizes as It Awaits Adoption
Kaspa’s price saw a modest increase as the market rallied. 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 Rebounds Strongly 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 Rallies 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) Continues Its Recovery
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) Sees Modest Gains Amid 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) Recovers with the Broader Market
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) | ~$113,000 | +2.0% | Rally continues, supported by renewed institutional buying. |
| Ethereum (ETH) | ~$4,650 | +3.0% | Outperforms BTC as a major financial institution launches a tokenization pilot. |
| Kaspa (KAS) | ~$0.091 | +2.5% | Gaining ground with the broader market. |
| SUI | ~$3.60 | +2.0% | Continued recovery from token unlock supply shock. |
| XRP | ~$3.05 | +2.0% | Follows market rally, showing renewed strength. |
| Cardano (ADA) | ~$0.88 | +1.8% | Follows market trend with a solid recovery. |
| Shiba Inu (SHIB) | ~$0.0000126 | +1.5% | Modest gains with high volatility and no new catalysts. |
| Dogecoin (DOGE) | ~$0.22 | +1.9% | Follows the general market trend with a small recovery. |
| Pi Network (PI) | ~$0.34 | +0.6% | Price rebound on community hackathon news, but liquidity is still a concern. |
Outlook: The Bull Run Gains Momentum
The crypto market’s strong performance on September 9, 2025, suggests that the market has entered a new phase of growth. The rally, led by Bitcoin and Ethereum, is a clear signal of renewed investor confidence and a resilient market structure. As the month progresses, the focus will be on whether this momentum can be sustained and if altcoins with strong fundamentals can continue to outperform the broader market.
