Why Is Crypto Up Today? – September 9, 2025

The crypto market is up today, and 95 of the top 100 coins have appreciated over the past 24 hours. Overall, the cryptocurrency market capitalization has increased by 2% and has crossed the $4 trillion mark again, now standing at $4.01 trillion. At the same time, the total crypto trading volume is at $155 billion.

TLDR:

The crypto market saw a 2% increase on Tuesday;

95 of the top 100 coins have turned green, and all top 10 coins are up;

BTC and ETH are up 1.3% each, to $113,048 and $4,359, respectively.

There’s a 20% chance ETH will fall below $3,500, and a 20% chance that BTC will drop under $100,000;

Markets seem to have already priced in the increased likelihood of US rate cuts;

Traders expect muted price action around US CPI on 11 September;

US BTC spot ETFs recorded inflows of $368.25 million, while US ETH ETFs saw outflows of $96.69 million;

Nasdaq officially filed with the US SEC to allow trading of tokenized US equities;

Crypto sentiment stays within the neutral zone but with an increase in bullishness.

Crypto Winners & Losers

At the time of writing, seven of the top 10 coins per market capitalization have increased over the past 24 hours.

Bitcoin (BTC) appreciated 1.3% at the time of writing, currently trading at $113,048.

Ethereum (ETH) is up 1.3% as well, now trading at $4,359.

Solana (SOL) has the highest jump in this category, followed by Cardano (ADA). The two are up 5.3% and 5% to $219 and $0.8877, respectively.

At the same time, Binance Coin (BNB) rose the least today: 0.8% to the price of $882.

Looking at the top 100 coins, only five are down at the time of writing.

MYX Finance (MYX) surged the most by far. It’s up 282% to the price of $16.

Worldcoin (WLD) follows with an increase of 51%, trading at $1.92.

Two more coins saw double-digit rises of about 11%.

On the other side, OKB (OKB) fell the most. It’s down 2.3% to the price of $189.

Meanwhile, Ant Digital Technologies, a unit of Ant Group, is reportedly utilizing more than 60 billion yuan, or about $8.4 billion, of energy infrastructure and power assets for its blockchain. Therefore, this is one of the largest real-world applications of digital ledgers in China.

The enterprise arm of the fintech giant has linked more than 15m devices such as wind turbines and solar panels to its AntChain platform.

A unit of Ant Group is quietly making inroads to link over $8.4 billion worth of energy infrastructure and other real-world power assets to its blockchain, according to sources https://t.co/5jCqXZgnqN

— Bloomberg (@business) September 9, 2025 ‘Traders Are Seeking Protection Amid Growing Macro Uncertainty’

According to Sean Dawson, head of research at onchain options platform Derive.xyz, the crypto market is holding steady as traders await the US CPI data, set to be released on 11 September.

But markets seem to have already priced in the increased likelihood of rate cuts. “Short-dated ETH volatility has risen from 34% to 51% since Friday. However, this remains lower than the weekly implied volatility (65%), suggesting that traders expect muted price action around CPI, but more movement on broader macro timeframes.”

Moreover, ETH and BTC skew have been trending downward across 7- and 30-day tenors, which is “a sign that traders are buying more puts and seeking protection amid growing macro uncertainty,” Dawson says.

ETH and BTC skew are sliding across both 7 day and 30 day tenors as traders are stack puts to hedge downside risk.

Macro uncertainty is back in the driver’s seat; watch those longs pic.twitter.com/NjM4fNYKXD

— Sean | Derive (@SeanNotShorn) September 9, 2025

Meanwhile, there’s now a 20% chance that ETH will fall below $3,500, which is up up from 18% last week.

Also, there’s a 20% chance that BTC will drop under $100,000, which is up from 19%.

“Looking ahead to the end of the year, there’s a 23% chance BTC will reach above $140,000 (up 2%) and a 23% chance ETH will reach over $7,000 (unchanged),” Dawson concluded.

Levels & Events to Watch Next

At the time of writing on Tuesday morning, BTC trades at $113,048. In the latter part of the past 24 hours, the coin has jumped from a low of $111,200 to the highest point of $113,226.

It has turned green in the 1-week period, rising 2.4% in this period. And while it’s down 4.3% in a month, it’s also up 106.3% in a year.

The resistance stands at $113,400. Should it surpass this, the coin could go up to $115,400 and $117,150. On the other side, the support stands at $111,550 and $110,000.

Bitcoin Price Chart. Source: TradingView

Ethereum is currently trading at $4,359. It rose to the $4,478 level twice today, with the highest point being $4,380. The intraday low was $4,279.

The coin is down 1.1% in a month, and it’s up 3.1% in a month and 89% in a year.

Investors are now looking to see if the price will fall below $4,270 and towards $4,100, or if it will rise over $4,400.

Meanwhile, the crypto market sentiment has slightly improved over the past day within the neutral zone. The crypto fear and greed index increased from 42 yesterday to 44 today.

This suggests the continuation of the cautious stance but also a rise in the bullish sentiment.

Source: CoinMarketCap

Moreover, after a couple of days of drops, the US BTC spot exchange-traded funds (ETFs) started the week with positive flows. They recorded $368.25 million in inflows on Monday. Ten of the twelve ETFs saw inflows, and there were no outflows.

The highest among these is Fidelity’s $156.5 million, followed by Ark&21Shares’ $89.47 million.

Source: SoSoValue

However, the US ETH ETFs saw yet another day of outflows on 9 September, with $96.69 million. This is a notable turn, as ETH ETFs had been outperforming their BTC counterparts for weeks.

Three funds had inflows, the highest of which was Fidelity’s $75.15 million, but BlackRock bled out $192.7 million, turning the whole list red.

Source: SoSoValue

Meanwhile, Nasdaq has officially filed with the US Securities and Exchange Commission (SEC) to allow trading of tokenized US equities, a massive move that would merge blockchain with traditional markets.

This would allow investors to choose between conventional stock trades and specific blockchain-backed tokens.

It's official.@Nasdaq filed with @SECGov to enable tokenized securities trading, a historic move by a U.S. traditional exchange.

Tokenization is now becoming Wall Street policy, and Sonic is the fast, global chain built to scale it. pic.twitter.com/4rI8WNy7bz

— Sonic (@SonicLabs) September 8, 2025

In other news, shares of Eightco Holdings (Nasdaq: OCTO) surged over 3,000% on Monday, after announcing a $250 million plan to adopt Worldcoin as its primary treasury asset.

The company said it may also accumulate Ethereum as a secondary asset, but its primary focus will be on Worldcoin.

Eightco Holdings Inc. $OCTO Announces $250 Million Private Placement With an Additional $20 Million Strategic Investment From BitMine $BMNR to Initiate World's First Worldcoin $WLD Treasury Strategy.

This stock pumped 5000% today, what memecoins. pic.twitter.com/6bZ2AszQu5

— Panzuki.eth (@PandaAsiaStreet) September 8, 2025 Quick FAQ

Why did crypto move with stocks today?

The crypto market has increased over the past day, as has the stock market on its previous day of trading. By the closing time on Monday, the S&P 500 was up by 0.21%, the Nasdaq-100 increased by 0.46%, and the Dow Jones Industrial Average rose 0.25%. This comes after the employment data for August was released on Friday, which strengthened expectations that the US Federal Reserve would cut interest rates this month.