Why Is Crypto Down Today? – September 10, 2025

The crypto market is down today, with the cryptocurrency market capitalization decreasing by 0.5%, and back below the $4 trillion mark, now standing at $3.99 ￰1￱ 80 of the top 100 coins have dropped over the past 24 ￰2￱ the same time, the total crypto trading volume is at $146 billion. TLDR: The crypto market saw a 0.5% decrease on Wednesday; 80 of the top 100 coins have turned red, as did 5 of the top 10 coins; BTC and ETH are down by less than 1% each, to $112,381 and $4,327, respectively; ’The focus shifts from the breakout itself to what follows after compression breaks’; ’The market is nearing a breakout point, with momentum ready to shift’; ’A short-term rally toward $114,000 is likely, but the broader bias leans toward bearish continuation’; US BTC spot ETFs recorded inflows of $368.25 million, while US ETH ETFs saw outflows of $96.69 million; Nasdaq has committed $50 million to Gemini in a private placement; Crypto sentiment stays within the neutral zone but with an increase in ￰3￱ Winners & Losers At the time of writing, five of the top 10 coins per market capitalization have decreased over the past 24 hours, and three are up (not taking the two stablecoins into account).

Bitcoin (BTC) fell by 0.4% at the time of writing, meaning that it’s mostly unchanged, currently trading at $112,381. Ethereum (ETH) is down by 0.7%, now trading at $4,327. The highest decrease is XRP’s 1.3%, currently standing at $2.98. Solana (SOL) is the winner on this ￰4￱ appreciated 1.5%, changing hands at $222.

The other two green coins are Dogecoin (DOGE) and Binance Coin (BNB) , having gone up 0.5% and 0.2%, ￰5￱ it comes to the top 100 coins, about 80 are down at the time of ￰6￱ highest among these is World Liberty Financial (WLFI)’s 9.5% to $0.1991. It’s followed by Sky (SKY)’s 7.7% to $0.07029. The rest are down 4% and ￰7￱ the other side, Provenance Blockchain (HASH) and Story (IP) are two of the four coins that recorded double-digit increases. They’re up 33.1% and 20.7% to the prices of $0.03706 and $10.4.

Meanwhile, Nasdaq has committed $50 million to Gemini in a private placement just days before the exchange’s ￰8￱ plans to raise some $317 million by selling 16.67 million shares at $17–$19 ￰9￱ aims for a valuation of up to $2.2 billion. BREAKING: Nasdaq is set to invest $50M into ￰10￱ investment will kick in once Gemini’s IPO goes ￰11￱ — Milk Road (@MilkRoadDaily) September 9, 2025 ‘The Market is Nearing a Breakout Point’ Analysts from Glassnode commented that now “the focus shifts from the breakout itself to what follows after compression breaks.” They have found that BTC is now testing a key zone, and the deciding factor will be the ￰12￱ short-term annualized Realized Volatility metrics have dropped below 30%.

This marks a low-volatility regime since the $107,000 bottom, they said. However, “such calm rarely lasts, volatility spikes tend to ￰13￱ market is nearing a breakout point, with momentum ready to shift.” 4/ A similar trend appears in Netflow to ￰14￱ ETFs (90D-SMA), now at ~980 BTC/day – down ~50% from the July peak of 1,960 BTC/day. This marks a clear decline in TradFi buy-side momentum, signalling weakening institutional demand. ￰0￱ ￰15￱ — glassnode (@glassnode) September 9, 2025 That said, the drop to the $107,000 triggered fear-driven selling from top buyers, Glassnode ￰16￱ formed a “textbook setup for local bounce-backs.” “A short-term rally toward $114,000 is likely, but as long as price trades below that level, the broader bias leans toward bearish continuation,” the analysts ￰17￱ Range Bitcoin is currently trading at $111.1k, stuck between the 0.85 and 0.94 quantile cost basis band ($104.1k–$114.1k).

This range historically marks post-euphoria consolidation. A break below signals further exhaustion, while a reclaim above $114k could mark… ￰18￱ — glassnode (@glassnode) September 9, 2025 Levels & Events to Watch Next At the time of writing on Wednesday morning, BTC trades at $112,381. Earlier in the day, the coin dropped from the high of $113,138 to the day’s lowest point of $110,822. If the price holds above $111,500, the price could continue climbing toward $115,400 and $117,150, and then to $125,000 in the medium term.

However, losing the $111,000 level could take the price back to $110,000 and $108,450. Bitcoin Price Chart.) saw minor positive flows on 9 September of $23.05 ￰19￱ ETF saw inflows, and three saw ￰20￱ is up $169.31 million, while Ark&21Shares is down $72.29 ￰21￱ several days of outflows, the US ETH ETFs recorded inflows on Tuesday of $44.16 ￰22￱ entire amount came from a single fund: ￰23￱ were no other flows. Meanwhile, Nakamoto , a subsidiary of KindlyMD , has committed up to $30 million to join Metaplanet’s global equity ￰24￱ is the firm’s largest investment to ￰25￱ Monday, the firm announced the acquisition of an additional 136 BTC for $15.2 million, bringing its total to 20,136 ￰26￱ Nakamoto announced a commitment to invest $30M in @Metaplanet_JP.

This transaction would mark Nakamoto’s largest single investment to date and its first in the Asian ￰27￱ — Nakamoto (@nakamoto) September 9, 2025 Moreover, QMMM Holdings , a Hong Kong-based digital media advertising firm, has reported a 1,736% increase in stock soon after it announced plans to build a $100 million crypto treasury targeting Bitcoin, Ethereum, and ￰28￱ other news, Vietnam has approved a five-year pilot for cryptocurrency ￰29￱ resolution allows Vietnamese companies to operate platforms, issue tokens, and sell them, but only to foreign ￰30￱ issuance, trading, and payments must be settled in local ￰31￱ to Bloomberg, Vietnam has approved a five-year pilot program for crypto asset trading, allowing only domestic companies to operate platforms and requiring all issuance, trading, and payments to be conducted in Vietnamese ￰32￱ investors may participate, but… — Wu Blockchain (@WuBlockchain) September 9, 2025 Quick FAQ Why did crypto move against stocks today?

The crypto market has decreased over the past day, while the stock market went up on its previous day of ￰33￱ the closing time on Tuesday, the S&P 500 was up by 0.27%, the Nasdaq-100 increased by 0.33%, and the Dow Jones Industrial Average rose 0.43%. This comes amid expectations that the US Federal Reserve is set to cut interest rates at the policy meeting planned for next ￰34￱ this dip sustainable? The market is consolidating, and we may see additional minor increases and decreases in the near ￰35￱ geopolitical and economic signals will affect the price trajectory over the mid to long ￰36￱ may also like: (LIVE) Crypto News Today: Latest Updates for September 10 2025 Most crypto payments still feel ￰37￱ need special wallets, QR codes, and merchants who understand blockchain ￰38￱ wants to change this reality with a simple idea: let people pay with crypto using the same card machines already sitting in ￰39￱ London-based fintech startup has built a system that works with existing Android POS terminals through a basic software ￰40￱ native $SPY token is currently available in presale at $0.003181, offering early access...