crypto news update for today, September 6, 2025:

Market Overview & Price Highlights

Markets on the Rise: The crypto market is buoyant—approximately 90 out of the top 100 coins are trading higher over the past 24 hours.

Dogecoin Gains Steam: DOGE is climbing—up around 3.7% as of 5 p.m. ET.

Institutional Moves & Market Sentiment

Bitcoin’s Bullish Surge: Bitcoin surged past $112,000, driven by massive institutional accumulation. Public companies now hold over 1 million BTC, narrowing supply as only 5.2% of Bitcoin remains unmined. Regulatory clarity is also emerging as a key factor fostering investor interest in altcoins.

US Regulatory Shift: The US Senate Banking Committee released an updated draft of the Responsible Financial Innovation Act of 2025, signaling a shift toward encouraging innovation within crypto markets while establishing clearer regulatory frameworks.

Altcoins & Speculative Activity

Bullish Forecasts for XRP, Cardano, Shiba Inu: Analysts expect a strong rally in XRP, ADA, and SHIB over the coming weeks—spurred by speculation around an upcoming Federal Reserve rate cut (expected at the September 17–18 meeting).

Crypto Airdrops to Watch: Three major airdrops—Snowball, DeFi Dollar, and Membit—are generating buzz in the crypto community.

Technical Indicators & Volatility

XRP & SOL Volatility Ahead: Implied volatility suggests heightened price swings are likely for XRP and Solana in the near term.