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Latest Crypto News Today, September 6 : Numeraire Still Going, ETH BTC Going Up, and BTC Dominance Still Below 60%
Crypto markets are getting more solid and are showing resilience this Saturday, and so many news outlets predicting a breakout soon. As of today, the global market cap is steadying at $3.8T to $3.9T, and people are looking for a big Q4 rally amid neutral Fear & Greed. Bullish vibes continue building as altcoins show their strength.
$BTC hovering around $110K, eth logoETH ▼-3.12% also bouncing at around $4.3K, and sol logoSOL ▼-2.49% strong at above $200. Institutional inflows on ETH ETFs has blasted past $16B, and optimism grows with rate cut talks.
Coins like Numeraire pumping, and up by more than 20% today after last month’s 70% surge. The JPMorgan deal fuels AI token hype. Upcoming conference could spark fresh gains. ETH/BTC ratio has climb to almost 0.04, something that usually precedes an altoin season. It is reported that whales are staking mor than 1M ETH, holding the line.
News is Reporting A Bullish Crypto Condition Today
BTC dominance has been dipping below 60% for some time now, and alts are waiting for a breakout. At the moment, ETH has grabbed about a 14% share in the crypto market. This shift hints at Altcoin’s momentum ahead, as we have seen so many regulatory wins.
This year, crypto news has been dominated by bullish narratives like SEC safe harbors in today’s news. Joint CFTC rules will likely unlock DeFi flows, and global moves in the UK and Ukraine have also added positive layers.This week, a few whales stirred the scene with $52M BTC moves and massive ETH stakes. These show confidence in altcoins, especially Ethereum. Long-term holders are fueling a bullish undercurrent as Solana eyes Nasdaq and Tether explores gold.
Adding to the bullishness, Bitwise’s Avalanche ETF filing has also driven the market.
