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Bitcoin price maintains strength above $111,000 up by 0.77%, reinforcing institutional confidence despite market volatility.
Solana emerges as the top performer among major cryptocurrencies with a 3.71% surge to $210.16.
SEC and CFTC joint statement provides regulatory clarity for spot crypto trading, potentially unlocking new institutional participation.
Crypto prices today show a steady trend as Bitcoin price stays above the $111,000 mark at press time, boosting investor confidence despite slight dips in some altcoins. The global crypto market continues to be influenced by strong regulatory signals in the US and institutional moves from Asia. Positive news, including the SEC and CFTC’s joint approach to spot crypto trading and Metaplanet’s Bitcoin funding plan, has added momentum.
Let’s explore the current price movement of the top ten tokens in detail.
Bitcoin price today is trading at $111,062.66, up by 0.77% over the past 24 hours. The world's largest cryptocurrency maintains its dominant market capitalization of $2.21 trillion, supported by trading volume of $73.46 billion.
Mr Sathvik Vishwanath, Co-founder and CEO of Unocoin explained, “On the 4-hour chart, BTC is correcting within a descending channel after peaking at $124,000. It recently found demand near $108,000 and is now testing mid-range resistance at $110,000. The market structure shows a shift to lower highs and lows, signaling a controlled pullback. RSI has climbed to 56, indicating short-term bullish momentum.”
He further warns, “A breakout above $110,000 could open the door to $117,000 while rejection may lead to a retest of the $104,000 support. Onchain, the adjusted SOPR remains weak, struggling above 1, suggesting profit-taking dominates. This reflects a cooling market, with rallies sold into rather than supported by new demand”
This sustained performance above the $111,000 threshold reveals resilience in the face of traditional September volatility patterns. It suggests that institutional investors and long-term holders continue to view Bitcoin as a strategic allocation, even as shorter-term traders remain cautious about potential pullbacks.
Altcoins showed a mixed performance today according to CoinMarketCap data. While Bitcoin was on an uptrend, Ethereum, the second-largest cryptocurrency, is trading at $4,341.38 with a slight decline of 0.99%. It has a market capitalization of $522.92 billion over the last 24 hours.
Solana has emerged as the clear winner among major altcoins today. Trading at $210.16 up by 3.71% gain, Solana showed the renewed investor appetite for high-performance blockchain platforms.
XRP shows positive momentum, up by 1.28%, reaching $2.83. It is maintaining its position as the third-largest cryptocurrency by market cap at $168.68 billion. Dogecoin trades at $0.2151 with an increase of 0.75%, while Cardano (ADA) was up by 2.32% increase to $0.8348. At the same time, BNB and Tron (TRX) both dipped slightly by 0.04% and 0.23% respectively.
Also Read: Crypto Prices Today: Bitcoin Price Trades Above $110,000, Ethereum at $4,384, XRP Jumps 3%
CoinMarketCap data further shows that Tether (USDT) maintains its dollar peg with $123.03 billion in 24-hour trading volume. Meanwhile, USD Coin (USDC) showed minimal movement, contributing $16.12 billion in daily volume. This liquidity provision helps stabilize the broader crypto market and facilitates efficient price discovery across trading pairs. Hence, supporting overall market health during both volatile and stable periods.
The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) issued a joint staff statement to start spot crypto trading in the United States. The agencies clarified that existing laws do not prevent regulated US or foreign exchanges from listing spot crypto products, including those with leverage and margin features. Market participants have been invited to engage with both agencies regarding proposals and questions.
Cointelegraph reported that Japanese Bitcoin investment firm Metaplanet has secured shareholder approval for a capital restructuring. It will clear the path for up to $3.7 billion in fundraising to support the company’s Bitcoin accumulation strategy. The approval of plans to expand authorized shares to 2.7 billion. It also introduces a dual-class preferred stock system.
Crypto hackers and scammers stole over $163 million in August across 16 separate attacks, according to a TradingView report. This 15% increase from July's $142 million highlights the ongoing risks in the sector, though it represents a 47% decrease year-over-year. The shift toward targeting high-value individuals and projects reflects the growing sophistication of crypto-focused attacks.
Also Read: Crypto News Today: XStocks Launches Tokenized Stocks on Ethereum, BitMine Holds 1.9M ETH, and Figure Technology Eyes $4B IPO
Crypto prices today reflect a market in transition as Bitcoin price trades above $111,000 while altcoins show mixed sentiments. Parth Srivastava, Head of Quant at 9Point Capital’s Research Team, noted, “Bitcoin’s momentum remains intact as buyers continue to defend key levels. With strong inflows and improving risk sentiment, we at 9 Point Capital expect the rally to extend in the near term. Volatility may stay elevated, but dips are being absorbed swiftly, keeping the broader uptrend constructive. Tactical buying remains the preferred approach.”
Selective altcoin strength provides a foundation for cautious optimism, even as traditional September seasonality patterns warrant continued vigilance. Investors should continue monitoring regulatory developments, institutional flows, and technical levels for guidance on market direction.
1. Why is Bitcoin price above $111,000 important?
Bitcoin holding above $111,000 reinforces investor confidence and signals strong institutional demand. It shows resilience despite global uncertainties, making it a key psychological level for both traders and long-term investors.
2. How is Ethereum performing compared to Bitcoin?
Ethereum slipped 0.99% to $4,341, underperforming Bitcoin’s gains. While ETH has strong long-term potential, short-term market pressures and volatility are weighing on its price action compared to BTC.
3. Which altcoins are gaining today?
XRP, Solana, and Dogecoin are showing notable gains. Solana led with a 3.71% increase, signaling developer confidence and strong community support, while XRP and Dogecoin benefitted from renewed retail interest.
4. Why are stablecoins like USDT and USDC important in this market?
Stablecoins provide liquidity and act as hedging tools during volatility. Tether and USDC enable billions in daily trading activity, ensuring smooth market functioning while traders rotate between risk and stability.
5. What global news is affecting crypto prices today?
Key factors include US regulators’ stance on spot trading, Metaplanet’s $3.7 billion Bitcoin strategy, and rising crypto hacks. These events are shaping sentiment, creating both risks and opportunities for investors.
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