Current Cryptocurrency News as of September 8, 2025: Bitcoin Holds Strong Above $110K, Altcoins Surge, Dogecoin Creates $175M Fund, Solana Prepares for Upgrade, and the Market Awaits SEC's ETF Decisions.
On the morning of September 8, 2025, the global cryptocurrency market shows resilience following a volatile end to summer. Bitcoin, having weathered a brief correction at the end of August, confidently holds above the psychologically important level of $110,000, supporting positive sentiment among investors. Following Bitcoin's lead, major altcoins are regaining ground; many are recovering from dips, buoyed by improved macroeconomic expectations and internal industry news. Market participants are closely monitoring signals from the U.S. Federal Reserve—unexpectedly weak labor market data released at the end of last week has heightened hopes for a soon-to-be-eased monetary policy. Historically, the prospect of lower interest rates stimulates demand for alternative assets, including cryptocurrencies.
Simultaneously, significant events within the industry are fueling interest in digital assets. The Solana network is preparing for a major protocol upgrade, codenamed "Alpenglow," which promises to dramatically increase transaction speeds. The nonprofit Dogecoin Foundation has established a treasury fund worth $175 million to support its coin, enhancing community trust in the meme cryptocurrency. Additionally, headlines have been made by the launch of a new token, WLFI, associated with the family of former U.S. President Donald Trump: the token debuted with a multi-billion dollar market capitalization but soon faced sharp price fluctuations and security concerns. Ahead, investors await upcoming regulatory decisions, primarily SEC verdicts on several applications for spot crypto ETFs expected in October. These decisions could significantly influence institutional capital inflows into the crypto market in the remaining months of the year.
- Bitcoin remains around $112,000 following a recent pullback, demonstrating resilient buyer demand.
- Ethereum consolidates around $4,300; institutional investors continue to increase their positions in the second-largest crypto asset.
- Leading altcoins are rising alongside the market: XRP (approximately $2.8) is at multi-year highs, and Solana (above $210) benefits from positive news about its upgrade.
- Dogecoin strengthens amid news of its $175 million treasury fund; the potential launch of a Dogecoin ETF further enhances the status of the meme coin in investors' eyes.
- The WLFI project, linked to the Trump family, issued a token with a multi-billion dollar market cap but faced significant volatility and technical issues, underscoring the speculative nature of the market.
Top 10 Most Popular Cryptocurrencies: Prices and Dynamics
Below are the ten largest cryptocurrencies by market capitalization and their approximate prices as of the morning of September 8, 2025:
- Bitcoin (BTC) – around $112,000 (+1% over 24 hours). The largest cryptocurrency holds its regained positions after the correction, confirming buyer interest.
- Ethereum (ETH) – around $4,350 (+1% over 24 hours). The leading altcoin and smart contract platform shows consolidation after robust growth in August.
- Tether (USDT) – ~$1.00 (0% over 24 hours). The largest stablecoin, pegged to the U.S. dollar 1:1, trades steadily around its nominal price and is widely used for transactions in the market.
- XRP (Ripple) – around $2.85 (+1.5% over 24 hours). The Ripple payment network token trades near multi-year highs amidst strong investor interest and regulatory clarity following recent legal victories for the company.
- Binance Coin (BNB) – around $855 (+1% over 24 hours). The native token of the Binance ecosystem shows stability, recovering from a slight decline last week despite ongoing regulatory pressure on the exchange.
- USD Coin (USDC) – ~$1.00 (0% over 24 hours). Another leading stablecoin, fully backed by reserves and maintaining a tight peg to the U.S. dollar.
- Solana (SOL) – around $215 (+2% over 24 hours). The high-performance blockchain platform is among the leaders in growth due to the approved "Alpenglow" network upgrade, which is expected to significantly enhance transaction speeds.
- Cardano (ADA) – around $0.86 (+1% over 24 hours). The smart contract platform shows moderate gains; after a rapid rally (~17% in August to $0.95), some large holders took profits, but interest in the project remains.
- Dogecoin (DOGE) – around $0.22 (+1% over 24 hours). The iconic meme cryptocurrency continues its upward trend, supported by the community and the established treasury fund, boosting investor confidence.
- TRON (TRX) – around $0.345 (+0.5% over 24 hours). The blockchain platform for decentralized applications shows consistent growth; the Tron community recently voted to reduce network fees by ~60% to stimulate activity.
Bitcoin: Resilience After Correction
Bitcoin (BTC), the largest cryptocurrency, has managed to reverse the downward trend from late August and rise again to the $110–112,000 range per coin. Just a week ago, BTC briefly dipped below the psychological barrier of $110,000 due to a wave of selling from large holders ("whales") cashing in on reached highs. However, with the beginning of the new week, active buyer interest returned to the market—especially after American traders returned to trading following the long weekend. A fresh influx of capital in the first days of September quickly pushed Bitcoin's price up about 4% from its recent local low.
The current BTC price is close to early August levels, showing an increase of around 2–3% compared to last week. Bitcoin's market capitalization has stabilized around $2.3 trillion, accounting for approximately 57% of the total cryptocurrency market capitalization, highlighting its dominant role. Institutional investors continue to hold a significant share of coins: various exchange-traded funds and trusts have accumulated around 1.47 million BTC (about 7% of maximum issuance). In August, a slight outflow from Bitcoin-ETFs was observed—investors withdrew the equivalent of ~$300 million over the month, reallocating some capital into other assets; however, the overall trend remains positive.
Experts note that for Bitcoin to confidently continue its rally, it is important to hold above the $115–117,000 zone. Breaking through this resistance could signal a return to a stable upward trend and open the way to new historic highs. Otherwise, the risk of another pullback remains: several analysts warn of a potential decline down to $105,000 in case of deteriorating sentiment. Nonetheless, medium-term forecasts for BTC remain optimistic. Many market participants expect Bitcoin to rise to ~$130,000 by the end of the year, especially if macroeconomic conditions improve and the U.S. Federal Reserve indeed shifts to a more accommodative monetary policy.
At the end of last week, market volatility made a reappearance: on Friday, September 5, the publication of unexpectedly weak employment data in the U.S. caused Bitcoin to spike to ~$113,000, marking a new high for September. However, this surge was short-lived; within an hour, the price fell back below $111,000, underscoring traders' ongoing nervousness. Despite such sharp fluctuations, BTC is currently trading about 2% higher than a week ago, indicating consistent demand at levels above $110,000.
Ethereum: Institutional Interest and Prospects
The second-largest cryptocurrency, Ethereum (ETH), successfully wrapped up summer with gains and in early September remains around $4,300 per coin. August brought ETH significant strengthening—around 19% for the month, marking the second consecutive month of growth (an atypical trend considering Ethereum had previously often dipped late in the summer). Following a rise to ~$4,800 (close to the historic high of ~$4,890 from 2021), a moderate correction ensued. Currently, ETH's price is consolidating around the $4,300 mark, reflecting demand stabilization: investors are digesting the past rally, partially taking profits but generally holding their positions in Ethereum.
Institutional investors are clearly exhibiting increased interest in Ethereum. According to industry analysts, investment products based on ETH recorded a capital influx of around $4 billion in August—a record figure among all crypto assets for the month. In contrast, Bitcoin-based funds reported a cumulative outflow of about $1.2 billion, indicating a shift in investment favoring ETH. Large players, including some well-known "whales," have been reallocating funds from BTC to ETH in anticipation of higher returns. This rotation is driven by both technological factors (the rapid development of the Ethereum ecosystem and growth in the DeFi sector) and expectations for the upcoming approval of new investment products based on Ethereum for the traditional market.
Experts view Ethereum's long-term prospects positively. Several influential figures in the industry openly discuss the platform's strategic potential. Notably, Ethereum co-founder Joseph Lubin and Wall Street analyst Tom Lee recently forecast a tenfold increase in the value of ETH with widespread adoption of blockchain technologies in traditional finance markets. While such forecasts of "100-fold growth" are hypothetical and projected years ahead, they reflect confidence that Ethereum has firmly established itself as an integral part of future financial infrastructure. In the coming months, investors will also closely watch regulatory actions: the U.S. Securities and Exchange Commission (SEC) is expected to review applications for spot ETFs, including those based on Ethereum, in October. Potential approval of such funds could attract a new wave of institutional capital to ETH, serving as a catalyst for further growth of the asset.
Altcoins: A Return to Growth
In the altcoin segment, following a dip at the end of summer, a noticeable revival is underway. The prices of most major alternative cryptocurrencies from the top 10 surged by 2–5% in the first days of September, and the collective market capitalization of altcoins (excluding BTC) has once again exceeded $1.7 trillion. The Altcoin Season Index has risen to 57 points (up from ~44 a month ago), indicating that several altcoins have been outperforming Bitcoin in terms of growth rates recently. While it is still far from a full-fledged "alt season" (an index value above 75), the current dynamics suggest a return of investor interest in higher-risk assets in pursuit of enhanced returns.
Current recovery drivers include both major platform tokens and some niche projects. Investors are actively shifting attention to assets capable of delivering higher short-term profits. According to CoinMarketCap, Bitcoin's share of total market capitalization has decreased to ~56%, reflecting partial reallocation of funds toward alternative coins. Analysts note that such situations often precede phases of intensified altcoin growth. However, much will depend on Bitcoin's behavior and overall market liquidity: if the flagship BTC continues to hold steady within a stable range or grows at a gradual pace, investors are likely to become bolder in investing in secondary coins in their quest for higher returns. Conversely, with a new wave of volatility in the market, riskier altcoins may quickly lose the positions they have recently regained.
Among the leaders in the current surge are several projects from the top 10 that have closely approached their maximum levels:
- Ripple (XRP): holds around a multi-year peak (~$2.8). The asset is supported by the favorable outcome of the SEC-Ripple court case, which alleviated key regulatory risks, as well as expectations for the launch of an ETF on XRP closer to October.
- Solana (SOL): recently surpassed the $200 mark for the first time in years. SOL's rally is fueled by optimism surrounding the upcoming "Alpenglow" network upgrade, which is expected to significantly enhance blockchain efficiency. Additionally, investors are betting on the possibility of obtaining approval for a spot ETF on Solana—an application is currently under review by regulators.
- Binance Coin (BNB): settled around $850, effectively at record levels. The token demonstrates resilience even under continued regulatory pressure on the Binance exchange, remaining in demand due to the broad ecosystem of BNB Chain and loyalty programs for holders.
- Cardano (ADA): after rapid growth in August (to ~$0.95 on ETF launch expectations), it has rolled back to ~$0.85 as some large investors took profits. Nevertheless, interest in the project remains, driven by community activity and expectations for further technical advancements (including the potential for a dedicated exchange fund).
- Tron (TRX): recently entered the top 10 largest cryptocurrencies, trading near $0.34. TRX's popularity is increasing due to rising transaction activity in the network and support for stablecoins issued on this blockchain platform. The Tron community voted for a significant reduction in network fees (~60%), which should stimulate further growth in network usage.
Overall, September has started positively for most alternative cryptocurrencies, laying the foundation for potential continued growth in the coming weeks. However, investors should remain aware of the sustained high volatility and risks associated with this market segment—especially beyond the top ten, where price spikes are often followed by sharp declines.
Dogecoin: Treasury Fund and ETF for the "Meme" Coin
One of the most recognized meme cryptocurrencies, Dogecoin (DOGE), has recently received a substantial fundamental boost. The nonprofit Dogecoin Foundation announced the creation of a special treasury fund worth $175 million, intended for the acquisition and long-term holding of DOGE. The aim of this initiative is to ensure the stability of the Dogecoin ecosystem and to smooth out sharp price fluctuations. Essentially, the fund will serve as a type of "stabilizer" for the DOGE market, purchasing coins with treasury funds during periods of significant price drops. This approach is reminiscent of share buyback programs or currency interventions by central banks, adapted for a decentralized community.
The announcement of the treasury fund was positively received by investors. DOGE's price, previously stagnant, rose to ~$0.22, showing a slight daily increase. While this growth may seem small, the shift in sentiment is crucial: whereas Dogecoin previously depended entirely on broader market trends and social media hype (notably the influence of Elon Musk's tweets), the coin now has its own financial support mechanism. Experts point out that the success of this initiative could set a precedent for other meme token communities—the presence of a substantial cash reserve enhances holder confidence and attracts more serious investors. Of course, much will depend on the transparency of the management of these funds and the effectiveness of their use. Nonetheless, the mere fact that institutions typically associated with "serious" projects are forming around what was once a joke coin indicates the maturation of the market and the gradual blurring of lines between meme cryptocurrencies and other digital assets.
An additional confirmation of Dogecoin's integration into traditional finance may come from the launch of the first exchange-traded fund linked to DOGE. American ETF provider REX Shares recently announced readiness to launch an ETF tracking the price of Dogecoin, following the recent launch of a similar fund on Solana. According to Bloomberg analysts, the Dogecoin ETF from REX may start within the next few weeks, becoming the first product providing both institutional and retail investors direct access to DOGE dynamics through the stock market. The emergence of such an instrument further elevates Dogecoin's status as an asset class, although regulators have noted associated risks: the fund's prospectus highlights the high volatility and uncertainty within the DOGE market. However, the possibility of the "meme" coin entering trading venues through an ETF underscores its growing demand and the maturity of its ecosystem.
Regulation and Institutional Trends
External macro factors and the actions of regulators continue to noticeably affect sentiment in the crypto industry. In the U.S., investors are closely watching economic data to gauge future steps from the Federal Reserve. The release of the employment report (Nonfarm Payrolls) on the first Friday of September recorded significantly weaker job growth than expected. This result has heightened expectations that the Fed may ease its monetary policy sooner than planned; a cooling labor market would make it easier for the regulator to lower the base rate. Such a scenario is favorable for cryptocurrencies, as cheaper money and an influx of liquidity have historically increased demand for risky assets. If forthcoming macroeconomic indicators (such as U.S. inflation, retail sales data) also indicate an economic slowdown, expectations for a shift in Fed policy will strengthen further—potentially providing an additional boost to digital asset markets.
Regulatory uncertainty, however, persists and temporarily restrains excessive enthusiasm. At the end of August, the U.S. Securities and Exchange Commission (SEC) postponed its review of several key applications for spot crypto ETFs. Currently, around 92 applications for various crypto funds— including those for Bitcoin, Ethereum, Solana, XRP, and even some meme cryptocurrencies—are pending with the SEC. Among these, the most anticipated are the funds based on Solana and XRP, which are expected to receive a ruling around October 2025. Additionally, the regulator has previously postponed the review of spot Bitcoin ETF applications from major managers (such as BlackRock, Fidelity, etc.) until fall. Investors are closely monitoring these processes: approval of several new funds could trigger a powerful influx of institutional capital into the market, whereas further delays or rejections would heighten uncertainty and could prompt short-term sell-offs upon release of such news.
Meanwhile, major institutional players are not standing still: even without new ETFs, they continue to expand their presence in the crypto market. Analysts estimate that public companies collectively hold over 1 million BTC on their balance sheets, while approximately 7% of all Bitcoins are held through exchange-traded funds. Leading global asset managers are broadening their range of crypto products, offering investors new instruments. For example, in Europe, the MiCA regulation came into effect in 2025, allowing for listings of various crypto-ETPs (exchange-traded products)—for instance, Bitwise recently launched 5 new crypto-ETPs on the Zurich Stock Exchange, expanding investor access to digital assets. Unique solutions are also emerging on traditional venues: in June, the Moscow Exchange launched trading in futures on an exchange Bitcoin fund (Bitcoin ETF), a precedent for the Russian market and a signal of legitimization for crypto instruments.
In Russia, on the contrary, authorities continue to adopt a conservative approach to the crypto industry. The Central Bank of the Russian Federation recently announced plans to tighten the requirements for banks dealing with digital assets. Specifically, it is proposed that banks be required to account for cryptocurrencies in calculating reserves and capital adequacy ratios, as well as limit direct investments by financial organizations in crypto assets and derivative instruments based on them. Experts note that such a policy merely solidifies an already cautious approach: most major Russian banks have previously refrained from working with cryptocurrencies. New rules could temporarily diminish the already low engagement of traditional financial institutions in the crypto market. There is a risk that some private investors may switch to unregulated platforms or foreign services if access to crypto products domestically becomes even more restricted.
On a global scale, despite some harsh measures, the overall trend remains favorable for the gradual integration of cryptocurrencies into the financial system. Institutional investors continue to view digital assets as strategic and increase their investments with each significant market pullback. Regulators worldwide are attempting to strike a balance—restraining excessive risks while not missing out on opportunities presented by the rapidly growing crypto sector. In the coming weeks, news regarding regulation and the economy is likely to become one of the decisive factors affecting crypto investors' sentiments.
The WLFI Token of the Trump Family: Rise, Fall, and Prospects
The story of the new token WLFI, associated with the family of former U.S. President Donald Trump, deserves special attention. The project World Liberty Financial (WLFI) attracted significant market attention in early September. On September 1, the WLFI token simultaneously appeared on the listings of several major crypto exchanges (including Binance, Upbit, and Gate.io), and its trading launch was impressive. The initial placement price was around $0.30, and at peak moments, the quotes soared to ~$0.33. Consequently, the estimated market capitalization of circulating tokens surpassed $8 billion—investors and traders scrambled to buy the new coin considering the prominence of Donald Trump and the excitement surrounding the project.
However, the euphoria did not last long. Just a few days after its debut, WLFI experienced a steep price drop. From its peak (~$0.33), the price plunged more than 30%, falling to around $0.22–0.23. This significant decline was due to many early token holders beginning to take profits, fearing further volatility. Additional pressure came from a large token unlock: approximately 24.6 billion WLFI tokens entered circulation, sharply increasing market supply. According to press reports, the total share controlled by the Trump family was equivalent to ~$5 billion (at the time of release). And although the project team assured that the founders' tokens would remain frozen, blockchain analysts indicated significant ownership concentration, alarming some investors.
Faced with the price collapse, the developers of World Liberty Financial took emergency measures to restore confidence. A buyback and burn program for some WLFI tokens was proposed. The essence of the initiative is to direct 100% of transaction fees earned by the WLFI protocol on various blockchains (Ethereum, BNB Chain, Solana) toward repurchasing tokens from the market and subsequently destroying them (burn). If the community approves this measure, the circulating WLFI supply will decrease, increasing the relative share of remaining tokens held by long-term investors. This step should create scarcity and support the price after the decline. Judging by comments on the project governance forum, most participants already endorse directing all fee revenues toward token burning to save the price.
Simultaneously with economic difficulties, security issues have also emerged around WLFI. Some users reported attacks in which attackers managed to steal tokens by exploiting vulnerabilities in wallet smart contracts. Preliminary analysis showed that hackers exploited a new Ethereum feature (EIP-7702) that allowed a standard crypto wallet to temporarily function as a smart contract, obtaining access to the private keys of victims through phishing. The project team has urged holders to be vigilant: check their wallet permissions and transfer assets to a new address if necessary. This incident underscores the high risks associated with nascent projects, even those backed by well-known figures.
Currently, WLFI is trading with a market capitalization of around $6–7 billion (at a price of about $0.23 per token) and remains one of the most discussed assets at the beginning of fall. The story of this "Trump token's" rapid rise and fall serves as a reminder of the extremely speculative nature of the crypto market. The World Liberty Financial project still has to prove its resilience: upcoming decisions regarding the token burn program and further price dynamics will reveal whether the initial hype was justified. In any case, the emergence of WLFI has added drama to the market and has become a notable event in the world of cryptocurrencies at the beginning of September.
