📣 MARKET UPDATE ON 9/5/2025

💰 Bitcoin (BTC)

Current Price: ~$102,700

24h Volatility: Up 4.7%

Intraday High: $104,113

Intraday Low: $97,820

BTC has surpassed the $100,000 mark and is heading towards the resistance area of $110,000. The bullish momentum is driven by BlackRock purchasing 47,064 BTC worth $4.44 billion when the price was at $95,000, along with optimism from the announcement of a trade agreement between the US and the UK.

📈 Ethereum (ETH)

Current Price: ~$2,201

24h Volatility: Up 20%

ETH has surged strongly, surpassing the $2,200 mark, with on-chain indicators showing a solid recovery.

🔥 Notable Altcoins

$FET: ~$0,776 (+10.5%)

$W: ~$0,092 (+13.5%)

$ENA: ~$0,345 (+26.9%)

$ORDI: ~$8,57 (+21.5%)

$AGIX: ~$0,342 (+13.5%)

The AI, Layer 2, and RWA-related Altcoin group is attracting strong capital flows, reflecting increasing interest from investors.

📰 Notable News

Coinbase: First-quarter earnings report fell short of expectations, with trading revenue down 19% compared to the previous quarter.

MEXC: Lists stablecoin USD1, promoting innovation in the global stablecoin sector.

BlackRock: Conducts a purchase of BTC worth $4.44 billion, contributing to pushing BTC prices above $100,000. 24h Market

⚠️ Market Warning

Although the market is in an upward trend, investors need to be cautious of the possibility of short-term corrections, especially as BTC approaches the strong resistance area of $110,000.