1. The markets are in a "wait and see" mode
Digital markets are in an exciting state of anticipation due to upcoming U.S. economic data, as everyone hopes it will influence the Federal Reserve's decisions. Bitcoin and Ethereum are swaying to a cautious tone.
2. Bitcoin – seems strong… and aware!
The price of Bitcoin is currently around $110,000, having recorded $110,571 in the latest reading, a slight decrease from its previous value.
The network is puffing its chest: the hash rate is at a record level – a sign of strength and stability, but the market remains volatile, especially with September historically not favoring stability.
3. Ethereum – racing with Zen?
Currently trading at approximately $4,322 after a noticeable drop from levels of $4,400.
Investors are starting to shift their attention from Bitcoin to "alternative currencies" like Ethereum and Solana, amid a slight decline in Bitcoin's dominance.
4. Alternative currencies and terrifying laughter.
XRP: Big bulls are accumulating, but the warning of potential price correction remains.
Dogecoin: There are efforts to create an institutional treasury worth $175 million, which could attract institutional investments.
The emergence of new coins like TOKEN6900 enters the market via decentralized trading platforms – a sense of mystery as if there is a cat in the house at night.
5. Comprehensive market – the decline looms.
The total market value of cryptocurrencies currently ranges between 3.8 to 3.9 trillion dollars, with a slight decline over the last 24 hours.
The daily trading volume reflects the same decline: a slight drop of 2–6%.
6. Everything is moving with liquidity... and liquidity favors stability.
Bitcoin seems to be acting as a safe haven (like gold) during some volatile moments in the global market.
Quick summary – "Patience is key."
Currency Approximate Price Notes
Bitcoin ~$110,600 Strong… but caution is in the air.
Ethereum ~$4,320 Moving upwards, but volatile.
The cryptocurrency market overall ~3.8–3.9 trillion $ Slight decline, with a tendency to wait.