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September 8, 2025Crypto Daily logoCrypto Daily

Crypto Price Analysis 9-8: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, JUPITER: JUP

The cryptocurrency market has started the week in positive territory, with Bitcoin (BTC) , Ethereum (ETH) , and other coins registering notable ￰0￱ has steadied itself between the $110,000 and $111,000 ￰1￱ flagship cryptocurrency reached an intraday high of $111,486 before declining to its current ￰2￱ is marginally up over the past 24 hours, trading around $110,998. Meanwhile, ETH’s recovery was more pronounced as it reached an intraday high of $4,328 early in the session. However, momentum fizzled out, and the altcoin fell to its current level of $4,296. While BTC and ETH have been sluggish, Ripple (XRP) is up over 2%, trading around $2.89.

Solana (SOL) is up 2.15%, while Dogecoin (DOGE) is up nearly 7%, trading around $0.232. Cardano (ADA) is up $0.837, while Chainlink (LINK) is marginally up, trading around $22.46. Stellar (XLM) , Hedera (HBAR) , Litecoin (LTC) , Toncoin (TON) , and Polkadot (DOT) also registered notable price ￰3￱ Market Sentiment Moves Into “Fear” Territory Sentiment in the cryptocurrency market has slipped into “Fear” territory, with signs that investors are stepping back from taking ￰4￱ to a report by Santiment, investors are showing little interest in smaller altcoins, instead sticking with major assets and debating which one could break out first. “It’s clear traders are less interested in obscure altcoins and are instead debating which major asset will break out next.” According to Santiment, investors are primarily focused on larger-cap cryptocurrency assets, such as BTC, ETH, and XRP.

“A heavy focus on large-caps can indicate a more cautious or ‘risk-off’ sentiment among traders.” Santiment’s analysis comes amid growing calls for an altcoin season. However, Bitfinex analysts believe that the altcoin season won’t occur until more crypto ETFs are launched later this year. Meanwhile, the Crypto Fear & Greed Index fell to a “Fear” score of 44 after two days at the “Neutral” ￰5￱ investors are also casting doubt about the near-term prospects of major crypto assets, with crypto trader Daan Crypto stating that BTC’s price remains indecisive. “My base case scenario remains to see a sweep of the monthly lows, which should then cause some panic and fear of it losing $100K.” Crypto Treasuries Could Be In For A Bumpy Ride Cryptocurrency treasury firms could face a difficult time as premiums ￰6￱ believe the situation could worsen in the near future unless the firms take corrective ￰7￱ to New York Digital Investment Group (NYDIG) global head of research Greg Cipolaro, the rising gap between stock price and Net Asset Value (NAV) of major Bitcoin (BTC) treasury firms like Strategy and Metaplanet continues to compress even as BTC hits record ￰8￱ stated, “The forces behind this compression appear to be ￰9￱ anxiety over forthcoming supply unlocks, changing corporate objectives from DAT management teams, tangible increases in share issuance, investor profit-taking, and limited differentiation across treasury strategies.” Crypto treasury firms have become the latest trend on Wall Street, generating billions over the past year.

However, Cipolaro believes Bitcoin treasury firms are in for a “bumpy ride” as they await mergers or financial deals to go ￰10￱ could result in a substantial wave of selling from existing ￰11￱ also believes that some Bitcoin treasury companies are trading below the value of recent fundraises, and a sharp price drop could spell ￰12￱ Salvador Celebrates Bitcoin (BTC) Anniversary El Salvador’s Bitcoin Office celebrated a major milestone on Sunday, marking four years since the Central American nation made BTC legal tender and adopted pro-BTC ￰13￱ Salvador’s Bitcoin Office highlighted the fact that El Salvador was the first country to establish a strategic Bitcoin reserve, and currently holds 6,313 BTC, valued at over $700 ￰14￱ has also initiated several BTC and artificial intelligence education initiatives.

However, El Salvador has since repealed its Bitcoin legal tender law and has scaled back government involvement in Bitcoin and crypto. SEC, CFTC Push For Clarity On DeFi The United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are working together to bring regulatory clarity on ￰15￱ regulators issued a joint statement on Friday discussing working together and smoothing ￰16￱ Chairman Paul ￰17￱ and CFTC Acting Chairman Caroline ￰18￱ stated, “It is a new day at the SEC and the CFTC, and today we begin a long-awaited journey to provide markets the clarity they ￰19￱ working in lockstep, our two agencies can harness our nation’s unique regulatory structure into a source of strength for market participants, investors, and all Americans.” The joint statement highlighted rapid innovation in the crypto ecosystem, noting that their work has never been “more intertwined.” The joint statement also announced a roundtable on September 29, aimed at advancing regulatory advancement and bringing on-chain technology back to the United States.

“The United States has long been the home of financial innovation, but recently, novel products have been driven overseas by fragmented oversight and legal ￰20￱ SEC and the CFTC should encourage the reversal of this trend.” The agencies are also considering “innovation exemptions” for DeFi that would allow peer-to-peer trading and other complex market operations under defined ￰21￱ (BTC) Price Analysis Bitcoin (BTC) has started the week in positive territory, with the price marginally up, trading around $111,278. The flagship cryptocurrency faced substantial volatility last week as the price sawsawed between support and resistance ￰22￱ surged to an intraday high of $113,390 on Friday but couldn't sustain ￰23￱ a result, it fell to $110,670, ultimately registering a marginal ￰24￱ retained control on Saturday as the price fell 0.41%, but recovered on Sunday, rising nearly 1% to end the week at $111,129.

While BTC ended the week with a modest recovery, analysts anticipate resistance to persist at key ￰25￱ flagship cryptocurrency closed Sunday with a 0.82% bounce, settling at $111,129. The price drop towards the end of last week came after US macroeconomic data, which showed a rapidly deteriorating labor ￰26￱ trader and analyst Michael van de Poppe stated, “This is actually promising on $BTC. It makes a new higher low and holds the support at $110K. Would be great if we crack $112K and fire up the bull run.” However, the market is divided over BTC’s short-term price ￰27￱ to crypto trader Cipher X, if BTC stalls below $112,000, it could lead to a dip towards $108,000.

“BTC holds around $111K, but the structure hints at a possible ￰28￱ momentum stalls below $112,000, I expect a pullback toward $108,000 ￰29￱ major is happening across the market right now - it’s the weekend, so best to stay patient and relaxed.” Another trader stated that BTC could flip the $112,000-$113,000 levels and pump to new highs, or drop towards the $100,000 level. However, most traders expect a bounce from the $100,000 ￰30￱ TurboBullCapital stated, “Price continues to ￰31￱ volatility to pick up this ￰32￱ with ￰33￱ order for market structure to shift to the upside, BTC needs to reclaim the $112,500 area. A higher high here=bullish ￰34￱ next target then becomes the $116.9k ￰35￱ will coincide with a reclaim of the MA50 & I believe another run towards ￰36￱ the $107k area & the downside target becomes the $101k level, which also happens to coincide with the ￰37￱ is a logical area to expect a bounce.” BTC registered a sharp drop on Friday (August 29), dropping nearly 4% to $108,378.

The price recovered on Saturday, rising 0.41%, but was back in the red on Sunday, falling 0.53% to settle at 108,247. Price action was positive on Monday as BTC rose almost 1% to cross $109,000 and settle at $109,240. Bullish sentiment intensified on Tuesday as the price rallied, increasing 1.84% to cross $111,000 and settling at $111,247. BTC posted a marginal increase on Wednesday, rising 0.46% to $111,756.) Price Analysis Ethereum (ETH) continues trading sideways, consolidating between $4,200 and $4,500.

The altcoin’s recent price action indicates indecisiveness among ￰38￱ a result, ETH remains tightly rangebound for ￰39￱ world’s second-largest cryptocurrency registered some volatility on Friday as buyers and sellers struggled to establish ￰40￱ ultimately got the upper hand, but price action turned bearish on Saturday, dropping 0.75%. ETH recovered on Sunday, rising 0.57%, and is marginally up during the ongoing session, trading around $4,331. Meanwhile, while ETH is close to record levels, Ethereum revenue has slipped 44% in ￰41￱ revenue is the share of network fees that ETH holders accrue after token ￰42￱ revenue was just over $14 million, down from July’s $25.6 million, according to data from Token ￰43￱ fee drop came despite ETH’s stunning 240% rally, which began in ￰44￱ rally helped the altcoin reach an all-time high of $4,957 in ￰45￱ fees also fell 20% month-over-month, from $49.6 million in July to $39.7 million in August.

Ethereum’s falling fees and revenue have started an intense debate about the network’s viability, with critics stating it has unsustainable fundamentals. However, supporters have defended the network, calling it the future of the financial ￰46￱ has seen substantial institutional interest in 2025, with the emergence of several treasury companies dedicated to the altcoin, pushing prices to all-time ￰47￱ Hougan, Chief Investment Officer at Bitwise, stated that institutional investors are drawn to ETH’s yield-bearing features. “If you take $1 billion of ETH and you put it into a company and you stake it, all of a sudden, you're generating ￰48￱ investors are really used to companies that generate earnings.” ETH registered a notable drop on Friday (August 29), falling over 3% to $4,362.

The price recovered over the weekend, registering marginal increases on Saturday and Sunday to settle at $4,394. However, it returned to bearish territory on Monday, dropping 1.79% to $4,315. ETH registered a marginal recovery on Tuesday before rising almost 3% on Wednesday to cross $4,400 and settle at $4,453.) Price Analysis Solana (SOL) rebounded strongly after Saturday’s decline, maintaining its position above $200 and pushing above the $210 ￰49￱ altcoin’s impressive weekend recovery came after a Solana Digital Asset Treasury (DAT) announced it will begin trading on the Nasdaq Exchange from September ￰50￱ Strategies, a Canadian firm, invests in and supports infrastructure for the Solana ecosystem, including blockchain validators and related ￰51￱ SOL showed little reaction to the news initially, price action has picked up after the altcoin held on to its $200 ￰52￱ price action was bearish last weekend as it fell over 4% on Friday (August 29) and settled at $205.

Selling pressure persisted on Saturday as the price fell 1.17% to $202. SOL continued falling on Sunday, dropping 0.99% and settling at $200. Sellers retained control on Monday as the price fell almost 2%, slipping below $200 and settling at $197. Despite the overwhelming selling pressure, SOL recovered on Tuesday, rising over 6% to reclaim $200 and settle at $209.

The price continued pushing higher on Wednesday, rising 0.60% to $210.) Price Analysis Dogecoin (DOGE) started the previous weekend in bearish territory, dropping 4.57% on Friday and settling at $0.214. The price recovered on Saturday, rising 0.74%, but returned to the red on Sunday, dropping 1.48% to $0.213. Bearish sentiment intensified on Monday as DOGE fell to an intraday low of $0.204. However, it rebounded from this level to settle at $0.210, ultimately dropping 1.17%.

Bullish sentiment returned on Tuesday as the price recovered, rising 1.76% to $0.214. Buyers retained control on Wednesday as DOGE rose almost 3% and settled at $0.220.) Price Analysis Jupiter (JUP) started the previous weekend in the red, dropping nearly 4% on Friday (August 25) and settling at $0.508. Sellers retained control over the weekend as the price fell 1.23% on Saturday and 2.61% on Sunday to settle at $0.489. Selling pressure persisted on Monday as JUP fell over 3% and settled at $0.473.

Despite the overwhelming selling pressure, the price recovered on Tuesday, rising 5.52% and settling at $0.499. JUP failed to cross the $0.50 mark on Wednesday, registering a marginal drop to $0.497.

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