Platinum price attacked the barrier at $1400.00 yesterday, to find an exit to resume the bullish attempts, but this attempt ended by a clear failure to force it to decline temporarily towards $1381.00.
The contradiction between the main indicators might force the price to provide mixed trading until gathering extra positive momentum, to ease the mission of breaching the current barrier and begin recording extra gains by its rally to $1412.00 and $1435.00, while the attempts of changing the main trend requires achieving a real break to the support at $1340.00.
The expected trading range for today is between $1370.00 and $1412.00
Trend forecast: Fluctuated within the bullish track
Buy: Buy EUR/USD from the support level of 1.1580, with a target of 1.1800 and a stop-loss at 1.1500.
Sell: Sell EUR/USD from the resistance level of 1.1800, with a target of 1.1600 and a stop-loss at 1.1880.
Technical Analysis of EUR/USD Today:
As anticipated, EUR/USD trading will remain cautious and within a narrow range until the market reacts to the release of U.S. inflation data, which is the most significant event for financial markets this week, especially after the setback from last week’s U.S. employment report. According to reliable trading platforms, attempts by EUR/USD to recover this week stalled at the 1.1779 resistance level. The pair then experienced profit-taking, which led to it settling around 1.1690 at the time of writing this analysis.
What Will the European Central Bank Deliver Today?
The European Central Bank (ECB) is widely expected to keep interest rates unchanged for its second consecutive meeting today, Thursday. The announcement will be at 3:15 PM, Egypt time. Policymakers are maintaining a cautious “wait-and-see” approach given the stability of inflation, the resilience of the economy, and uncertainty surrounding trade policy. The main refinancing rate is set to remain at 2.15%, while the deposit facility rate will stay at 2%. Investors will pay close attention to the ECB’s post-meeting macroeconomic projections, which will provide updated forecasts for growth and inflation. The ECB had previously cut borrowing costs by 200 basis points between June 2024 and June 2025, with the rate cuts halting in July.
Overall, financial markets currently expect interest rates to remain stable until the end of the year, with a potential return to tightening in late 2026. At the same time, Eurozone growth is projected to reach 1.2% this year, 1.1% in 2026, and 1.4% in 2027, although political instability in countries like France and Spain could cast a shadow over these forecasts.
Will U.S. Inflation Rise Today?
The most important event for forex markets today is the release of U.S. inflation figures at 3:30 PM, Egypt time. The annual inflation rate in the U.S. is expected to accelerate to 2.9% in August 2025, which would be its highest level since January, following its stabilization at 2.7% in June and July. On a monthly basis, the Consumer Price Index (CPI) is expected to rise by 0.3%, surpassing the 0.2% increase in July. This rise likely reflects retailers gradually passing on higher import tariffs, along with an increase in gasoline and supermarket prices.
Conversely, rents are expected to decline. Core inflation, which excludes food and energy, is expected to remain steady at 3.1%, the same level as in July and its peak in February, with the core CPI rising 0.3% month-on-month, in line with July’s pace.
Today’s EUR/USD Technical Outlook
As observed on the daily chart, EUR/USD trading remains neutral. The bullish outlook will strengthen if the bulls succeed in breaking the 1.1800 resistance level, which is a key waypoint for a move toward the psychological resistance of 1.2000. The 14-day Relative Strength Index (RSI) is currently near a reading of 52, closer to the neutral line, while the MACD lines also confirm the neutral performance. Conversely, over the same period, the 1.1580 support level will remain crucial for the bears to take control of the EUR/USD trend.
Trading Advice:
Traders are advised to wait for the market’s reaction to the U.S. inflation and ECB announcements to determine the most suitable trading direction for EUR/USD, whether to buy or sell.
A woman has gone viral on TikTok after revealing she was hospitalised because she started drinking matcha. In a video that’s had more than 6.2 million views, she said her “matcha obsession era” was over after she found out it caused her iron levels to plummet to dangerous levels.
Lynn Shazeen, 28, first started drinking the popular green tea six months ago, but started noticing some strange symptoms three months later, including tiredness, feeling cold and heart palpitations.
When the symptoms got worse, she went to the hospital and was put on an IV because her iron levels were dangerously low. They had almost halved what they were supposed to be, and it was all down to her matcha habit. Studies have shown that matcha stops the body from absorbing iron, which can cause you to become anaemic.
“It [the matcha] was the only change I had made to my diet and daily routine. Myself and my doctor worked through every possibility but it became clear that the matcha was the cause,” she told The Mirror.
“I had been dealing with some inflammation so my doctor had suggested that I adjust my diet. Matcha, and green tea in general, is known for its anti-inflammatory properties so I decided to start drinking one once a week or so.
“I noticed I kept feeling a lot colder and more tired than usual but I had no idea what it was until I got the tests done. As soon as I saw that my iron levels had dropped from 23 to 13, I knew immediately that it was the matcha that had caused it.”
On TikTok, Lynn explained that she had to have an iron transfusion because the matcha had lowered her iron levels so much. She urged everyone to look out for the warning signs of an iron deficiency, including tiredness, lack of energy, shortness of breath, pale skin and heart palpitations.
“Matcha contains tannins that bond to non-heme iron, which is the form of iron found in plants, and can in turn block your body’s ability to absorb the mineral,” nutritional therapist Farzanah Nasser told Vogue. “Matcha also contains catechins, which are powerful antioxidants and can interfere with your iron intake.”
Lynn is a health professional herself, so said she “stayed calm,” but the whole situation was still very “worrying”. She’s now stopped drinking matcha altogether and only drinks normal tea. The 28-year-old also has to take iron pills and vitamin C tablets.
Thanks to its plethora of real-world partnerships and a thriving ecosystem of dApps, Solana price thrives as it continues to stand out as a leading blockchain to watch. That said, analysts also note that investor attention is shifting to new PayFi projects like Remittix that combine utility and adoption. The speculation is that investors are looking for more top crypto under $1 to invest in for significant upside.
Solana Shows Strong Fundamentals
Despite recent fluctuations, Solana has demonstrated staying power with a robust infrastructure that supports thousands of transactions at low cost. The token’s price has continued its upward rally, recently breaking above $220 mark as the token seeks to reclaim its old all-time highs. A VanEck report projects that the strong rally will continue till 2030, showing the faith major institutions have in its growth.
While long-term faith in Solana price remains bullish, investors are said to be mildly concerned that the token’s price action isn’t showing any of the rapid upshoots they expect. As a result, some traders are looking to diversify into lower-priced opportunities with equally strong upsides.
PayFi Solution Remittix Rises To The Top Of Investor Lists
Investors looking to diversify their portfolios from just being Solana-centric have identified an Ethereum-powered token, Remittix, as the new altcoin to watch in 2025. Remittix is a PayFi-focused solution that’s reinventing the realities of cross-border payments in 2025. It allows users to send crypto directly into bank accounts across 30+ countries, merging blockchain speed with fiat convenience.
Unlike other newer altcoins whose utilities remain largely speculative, Remittix is already delivering incredible milestones. Already, the project has raised over $25 million, sold more than 656 million tokens and is priced at $0.1050. Confirmed listings on BitMart and LBank further cement why investors see it as one of the best to buy today.
Analysts point out that Remittix also has other strong fundamentals that are driving institutional and retail adoption. These include:
Remittix supports direct crypto-to-fiat transfers into bank accounts across more than 30 countries.
With the Remittix Pay API, freelancers and merchants can accept crypto payments and have them processed in fiat on the same day.
Innovation Ahead: Wallet beta launch in Q3 set to expand real-world adoption
Community Support: Remittix also has an active $250,000 giveaway that is helping the project generate a lot of retail attention.
Smart Money Is Split Between Solana and Remittix
Solana’s price continues to reflect its strong ecosystem and institutional design. However, while bullish projections are strong, investors are also looking to Remittix to provide better returns due to its low pricing.
Discover the future of PayFi with Remittix by checking out their project here:
Lit Protocol, a decentralized key management and computing network, today announced a strategic partnership with Morpho Labs, a decentralized lending platform. With the partnership, Morpho Labs leverages Lit Protocol’s infrastructure to enhance its DeFi lending capabilities and introduce a new secure and encrypted AI agentic execution powered by Lit Protocol.
Lit Protocol is a key management and compute network designed to improve security, confidentiality, and data control in decentralized applications. It helps Web3 protocols manage confidential information like digital signatures and cryptographic keys without depending on centralized authorities. On the other hand, Morpho Labs is a DeFi protocol that provides tailored solutions for users to earn and borrow based on their terms.
Morpho Taps Lit Protocol for Advanced, Secure Cross-Chain Lending
Using this partnership, Morpho Labs is well-equipped to redefine its DeFi lending and borrowing ecosystem by introducing Lit Protocol’s Hey VincentAI infrastructure in its network. This cutting-edge approach is set to create a more efficient lending ecosystem that gives Morpho users the advanced ability to engage with rewarding DeFi solutions.
Through this collaboration, Morpho Labs utilizes Lit Protocol’s Hey VincentAI infrastructure to improve capital efficiency, security, and independence of its DeFi lending applications. Lit Protocol’s infrastructure gives the Morpho ecosystem the capability of:
Executing secure transactions
Administering identity-based authentication
Interacting efficiently with other major networks
All while maintaining stringent policy standards and privacy safeguards.
For Morpho, this partnership means. Lit Protocol-powered AI agents on the Morpho platform can now execute trades (including lending and borrowing), swap tokens, and bridge capital across decentralized networks without infringing key security. Furthermore, Lit Protocol’s Hey VincentAI infrastructure runs a new layer of safe automation to Morpho’s DeFi lending ecosystem. This layer ensures that Morpho’s AI models not just simulate trades but conduct genuine transactions with verifiable control, openness, and customer-defined journeys.
Lit Protocol and Morpho Labs: Advancing the Future of DeFi Lending
The partnership between Lit Protocol and Morpho Labs is crucial for the growth of the Web3 ecosystem. First, it enables Morpho to enhance its cross-chain lending. By working together, the two platforms lay a foundation for a more interconnected DeFi environment.
Integrating Lit protocol into Morpho helps to resolve liquidity fragmentation within Morpho and interconnected DeFi ecosystems and helps enhance lending management in decentralized finance. As Morpho continues to advance its network and incorporate innovative projects like Lit protocol, it is well-prepared to spur the adoption of lending solutions in the wider DeFi space.
Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals.
His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he’s not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.
Platinum price attacked the barrier at $1400.00 yesterday, to find an exit to resume the bullish attempts, but this attempt ended by a clear failure to force it to decline temporarily towards $1381.00.
The contradiction between the main indicators might force the price to provide mixed trading until gathering extra positive momentum, to ease the mission of breaching the current barrier and begin recording extra gains by its rally to $1412.00 and $1435.00, while the attempts of changing the main trend requires achieving a real break to the support at $1340.00.
The expected trading range for today is between $1370.00 and $1412.00
Trend forecast: Fluctuated within the bullish track
Platinum price attacked the barrier at $1400.00 yesterday, to find an exit to resume the bullish attempts, but this attempt ended by a clear failure to force it to decline temporarily towards $1381.00.
The contradiction between the main indicators might force the price to provide mixed trading until gathering extra positive momentum, to ease the mission of breaching the current barrier and begin recording extra gains by its rally to $1412.00 and $1435.00, while the attempts of changing the main trend requires achieving a real break to the support at $1340.00.
The expected trading range for today is between $1370.00 and $1412.00
Trend forecast: Fluctuated within the bullish track
Ingredients by Nature has announced the results of a study on its triple-patented, lemon flavonoid blend, Eriomin, as a nutritional adjunct to metformin.
Eriomin is a standardised citrus flavonoid blend primarily composed of eriocitrin.
It holds three US patents and represents a promising adjunct for pharmaceutical developers, healthcare practitioners, dietary supplement manufacturers and food and beverage formulators.
The research, published in Frontiers in Nutrition, is a groundbreaking clinical trial that demonstrated Eriomin was a safe and effective nutritional adjunct to metformin in the early management of hyperglycaemia.
The 26-week, double-blind, randomised, placebo-controlled crossover study, involving 71 prediabetic men and women (aged 18–65), tested daily supplementation of 250 mg of Eriomin alongside metformin (1000 mg/day).
The results demonstrated improved postprandial glucose metabolism, including a 5% reduction in 2-h OGTT glucose and preservation of active GLP-1 levels.
In contrast, the placebo group exhibited a decline in GLP-1 and increased insulin resistance.
The Eriomin group also showed a 12% reduction in TNF-α, a 7.5% increase in plasma antioxidant capacity (FRAP) and modest but significant decreases in body weight, fat mass and BMI.
Additionally, systolic blood pressure in this group was reduced by 4%, potentially owing to improved antioxidant status and higher dietary potassium intake.
Rob Brewster, President at Ingredients by Nature, said: “We are thrilled with the outcome of this clinical research. Frequently, there are concerns that medications or supplements might adversely impact each other when taken in conjunction.”
“This study may offer assurances that no adverse interactions were seen when taken by otherwise healthy but metabolically sensitive individuals.”
“This is the fourth published human clinical study conducted on Eriomin, further backing its significant positive effects in supporting glycaemic control, metabolic markers, GLP-1 levels and antioxidant status.”
The
cryptocurrency market is experiencing significant upward momentum today
(Thursday), September 11, 2025, with Bitcoin (BTC) price surging
above $114,000, Ethereum (ETH) price climbing to $4,400, XRP
price breaking through $3.00, and Dogecoin (DOGE) price leading
gains with a 5% jump to $0.25.
This
widespread rally stems from cooling inflation data that has strengthened
expectations for Federal Reserve rate cuts, creating favorable conditions for
risk assets across the digital currency landscape.
In this
article, I examine why crypto is going up today, provide a technical analysis
of the BTC/USDT, XRP/USDT, ETH/USDT, and DOGE/USDT charts, and review the
latest expert crypto price predictions.
The primary
catalyst behind today’s crypto market rally is the Producer Price Index
(PPI) data released on September 10, which showed inflation cooling to
2.6% year-over-year versus expectations of 3.3%. This significant undershoot
has boosted market confidence that the Federal Reserve will cut interest rates
at its September 16-17 meeting, with traders now pricing in a 93.7% probability
of a 25 basis point cut.
Bitcoin
price responded immediately to this data, breaking above $114,000 for the
first time since August 24. The cooling inflation environment supports the
narrative that Bitcoin serves as a hedge against monetary debasement,
particularly as the cryptocurrency’s inflation rate has fallen to 0.8-0.9%
compared to the USD’s 2.7% rate.
Cryptocurrency prices today, 11 September 2025. Source: CoinMarketCap.com
Shivam Thakral, CEO of BuyUcoin, said that “crypto markets are finding their balance today,” adding that the sector is showing resilience despite heavy selling by large holders. He noted that momentum in AI-linked tokens and meme coins shows risk appetite is still present, while institutional moves such as HashKey’s $500 million digital treasury fund signal that long-term conviction in digital assets remains intact.
The
current Bitcoin price structure suggests potential for a move
toward $160,000 if historical patterns repeat, as similar MACD crossings below
zero have preceded major upward moves. Support levels remain strong at
$112,000, reinforced by the 50-day moving average and 23.6% Fibonacci retracement
levels, providing a solid foundation for continued upward movement.
Why is Bitcoin price going up today? Source: Tradingview.com
Ethereum Price Momentum:
Consolidation Before Breakout
Ethereum price has
shown resilience at current levels around $4,400, demonstrating what technical
analysts characterize as consolidation within an ascending channel pattern. The
world’s second-largest cryptocurrency has been trading between $4,200 and
$4,400, with bulls defending key support levels while preparing for a potential
breakout above $4,500.
Recent
institutional accumulation has strengthened the Ethereum price outlook,
with major investment firms adding significant ETH holdings worth over $2
billion. The cryptocurrency’s dominance in processing nearly 70% of all
blockchain settlement flows provides fundamental support, while recent DeFi
integration developments continue to drive utility and demand.
Why is Ethereum price going up today? Source: Tradingview.com
XRP price has achieved
a significant milestone by piercing the $3.00 psychological threshold amid
heavy institutional volume, with trading sessions showing six times the daily
average volume during breakout periods. The rally from $2.96 to $3.02 reflects
strong institutional interest, supported by Ripple’s expanded partnership with
BBVA under MiCA compliance standards.
My technical
analysis suggests XRP price could extend toward $3.60 if current
momentum persists, with futures open interest climbing to $7.94 billion
indicating heightened derivatives positioning. The cryptocurrency benefits from
regulatory clarity in Europe and growing speculation around potential U.S. ETF
approvals, creating multiple catalysts for continued upward movement. In my previous technical look at the XRP price, I also mentioned the broken bullish flag pattern that may open an opportunity for a 55% surge.
Why is XRP price going up today? Source: Tradingview.com
Dogecoin price has
emerged as today’s standout performer, rising 5% to reach $0.25 and extending
weekly gains to over 15%. The meme cryptocurrency is testing August resistance
levels around the 25-cent zone, with my technical analysis suggesting potential
for a move toward July highs near 28 cents if current momentum continues.
The Dogecoin
price surge coincides with anticipation surrounding the upcoming Dogecoin
ETF launch scheduled for September 12, 2025, which has driven significant
institutional interest. Recent whale accumulation of 4.9 billion DOGE tokens
worth approximately $2 billion has provided additional support for price
appreciation.
Why is Dogecoin price going up today? Source: Tradingview.com
What Else Is Pushing BTC,
ETH, XRP, and DOGE Higher
Market Structure and
Volume Analysis
Today’s
cryptocurrency rally is supported by substantial trading volume across all
major assets, with Bitcoin ETFs recording $757 million in net inflows – the
strongest since July. Ethereum ETFs also reversed recent outflows with $171.5
million in daily gains, indicating renewed institutional confidence ahead of
the Federal Reserve meeting.
The total
cryptocurrency market capitalization has approached the $4 trillion mark,
with Bitcoin price dominance maintaining elevated levels around 48%.
This suggests that while Bitcoin continues to lead the market, altcoins
including Ethereum price, XRP price, and Dogecoin price are
beginning to show signs of catching up, potentially signaling the start of a
broader altcoin season.
Market
participants are now focused on Thursday’s Consumer Price Index (CPI) data
release at 8:30 AM Eastern Time, which economists expect to show 2.9% annual
inflation. A reading at or below expectations could provide additional catalyst
for Bitcoin price, Ethereum price, XRP price, and Dogecoin
price to extend current gains.
Why Can Crypto Go Down? Risk
Factors and Technical Considerations
While
current momentum appears strong across Bitcoin price, Ethereum price, XRP
price, and Dogecoin price, analysts note potential headwinds, including
rising exchange reserves for some cryptocurrencies, which could indicate
distribution pressure from large holders. Additionally, seasonal patterns
historically show September as a challenging month for crypto performance,
though 2025 appears to be defying this trend.
Technical
resistance levels remain important, with Bitcoin price facing tests
near $115,000, Ethereum price needing to clear $4,500, XRP price confronting
$3.02 resistance, and Dogecoin price challenging the 25-cent barrier.
Sustained closes above these levels would likely confirm continuation of the
current uptrend across major cryptocurrencies.
The
convergence of favorable macroeconomic conditions, institutional adoption
trends, and technical breakout patterns suggests the current cryptocurrency
rally has strong fundamental support, positioning Bitcoin price, Ethereum
price, XRP price, and Dogecoin price for potential continued
gains as markets await Federal Reserve policy decisions.
Crypto Frequently Asked
Questions (FAQ) and My Honest Answers
In this
section, I answer the questions that may be on your mind or the ones you might
be hesitant to ask. Everything is laid out clearly and simply, drawing on my
more than 10 years of experience as an analyst and trader in the crypto market
(and beyond!).
Why is crypto going up
today?
Crypto
markets are surging due to cooling U.S. Producer Price Index (PPI) data showing
inflation dropped to 2.6% versus 3.3% expected, strengthening Federal Reserve
rate cut expectations for September 16-17. This dovish shift supports risk
assets, with Bitcoin price breaking $114K, Ethereum price reaching $4,400, XRP
price hitting $3.00, and Dogecoin price climbing 5%.
What caused Bitcoin price
to break above $114,000?
Bitcoin
price surged above $114,000 following the August PPI report showing core
inflation fell to 2.8% versus 3.5% consensus. Additionally, a MACD golden cross
formation occurred for the first time since April 2025, historically preceding
40% rallies. Federal Reserve easing expectations and institutional ETF inflows
of $757 million provided further momentum.
Will Ethereum price reach
$5,000 soon?
Ethereum
price at $4,400 shows consolidation patterns within an ascending channel, with
technical analysis suggesting potential breakout above $4,500 resistance.
Recent institutional accumulation exceeding $2 billion and DeFi integration
developments support bullish outlook, though sustained closes above key
resistance levels remain crucial for continuation toward $5,000 targets.
Why is XRP price breaking
through $3.00?
XRP price
breakthrough above $3.00 resulted from institutional flows creating six times
normal trading volume during breakout sessions. Ripple’s expanded BBVA
partnership under MiCA compliance, speculation around potential U.S. ETF
approvals, and futures open interest climbing to $7.94 billion indicate strong
institutional positioning for targets toward $3.60.
Is Dogecoin price rally
sustainable at 25 cents?
Dogecoin
price at $0.25 represents 15% weekly gains supported by upcoming ETF launch on
September 12, 2025, and whale accumulation of 4.9 billion DOGE tokens worth $2
billion. Technical analysis shows testing of August resistance levels with
potential for July highs near 28 cents if momentum continues above current
consolidation zone.
How do Federal Reserve
rate cuts affect cryptocurrency prices?
Historical
analysis shows Federal Reserve rate cuts initially create short-term volatility
through MVRV ratio compression and whale selling, followed by sustained rallies
as liquidity increases. The 93.7% probability of September rate cuts supports
crypto valuations by reducing dollar strength and encouraging institutional
capital allocation toward digital assets.
What are the key
resistance levels to watch?
Critical
resistance levels include Bitcoin price at $115,000 above the 50-day moving
average, Ethereum price needing sustained closes above $4,500, XRP price facing
$3.02 barrier after multiple rejections, and Dogecoin price challenging 25-cent
August highs. Breaks above these levels would confirm continuation of current
uptrend across major cryptocurrencies.
Should I expect more
crypto market gains this week?
Thursday’s
Consumer Price Index (CPI) release at 8:30 AM Eastern represents the next major
catalyst, with economists expecting 2.9% annual inflation. Results at or below
expectations could extend gains across Bitcoin price, Ethereum price, XRP
price, and Dogecoin price, while Federal Reserve policy decisions on September
16-17 will determine medium-term direction for cryptocurrency markets.
The
cryptocurrency market is experiencing significant upward momentum today
(Thursday), September 11, 2025, with Bitcoin (BTC) price surging
above $114,000, Ethereum (ETH) price climbing to $4,400, XRP
price breaking through $3.00, and Dogecoin (DOGE) price leading
gains with a 5% jump to $0.25.
This
widespread rally stems from cooling inflation data that has strengthened
expectations for Federal Reserve rate cuts, creating favorable conditions for
risk assets across the digital currency landscape.
In this
article, I examine why crypto is going up today, provide a technical analysis
of the BTC/USDT, XRP/USDT, ETH/USDT, and DOGE/USDT charts, and review the
latest expert crypto price predictions.
The primary
catalyst behind today’s crypto market rally is the Producer Price Index
(PPI) data released on September 10, which showed inflation cooling to
2.6% year-over-year versus expectations of 3.3%. This significant undershoot
has boosted market confidence that the Federal Reserve will cut interest rates
at its September 16-17 meeting, with traders now pricing in a 93.7% probability
of a 25 basis point cut.
Bitcoin
price responded immediately to this data, breaking above $114,000 for the
first time since August 24. The cooling inflation environment supports the
narrative that Bitcoin serves as a hedge against monetary debasement,
particularly as the cryptocurrency’s inflation rate has fallen to 0.8-0.9%
compared to the USD’s 2.7% rate.
Cryptocurrency prices today, 11 September 2025. Source: CoinMarketCap.com
Shivam Thakral, CEO of BuyUcoin, said that “crypto markets are finding their balance today,” adding that the sector is showing resilience despite heavy selling by large holders. He noted that momentum in AI-linked tokens and meme coins shows risk appetite is still present, while institutional moves such as HashKey’s $500 million digital treasury fund signal that long-term conviction in digital assets remains intact.
The
current Bitcoin price structure suggests potential for a move
toward $160,000 if historical patterns repeat, as similar MACD crossings below
zero have preceded major upward moves. Support levels remain strong at
$112,000, reinforced by the 50-day moving average and 23.6% Fibonacci retracement
levels, providing a solid foundation for continued upward movement.
Why is Bitcoin price going up today? Source: Tradingview.com
Ethereum Price Momentum:
Consolidation Before Breakout
Ethereum price has
shown resilience at current levels around $4,400, demonstrating what technical
analysts characterize as consolidation within an ascending channel pattern. The
world’s second-largest cryptocurrency has been trading between $4,200 and
$4,400, with bulls defending key support levels while preparing for a potential
breakout above $4,500.
Recent
institutional accumulation has strengthened the Ethereum price outlook,
with major investment firms adding significant ETH holdings worth over $2
billion. The cryptocurrency’s dominance in processing nearly 70% of all
blockchain settlement flows provides fundamental support, while recent DeFi
integration developments continue to drive utility and demand.
Why is Ethereum price going up today? Source: Tradingview.com
XRP price has achieved
a significant milestone by piercing the $3.00 psychological threshold amid
heavy institutional volume, with trading sessions showing six times the daily
average volume during breakout periods. The rally from $2.96 to $3.02 reflects
strong institutional interest, supported by Ripple’s expanded partnership with
BBVA under MiCA compliance standards.
My technical
analysis suggests XRP price could extend toward $3.60 if current
momentum persists, with futures open interest climbing to $7.94 billion
indicating heightened derivatives positioning. The cryptocurrency benefits from
regulatory clarity in Europe and growing speculation around potential U.S. ETF
approvals, creating multiple catalysts for continued upward movement. In my previous technical look at the XRP price, I also mentioned the broken bullish flag pattern that may open an opportunity for a 55% surge.
Why is XRP price going up today? Source: Tradingview.com
Dogecoin price has
emerged as today’s standout performer, rising 5% to reach $0.25 and extending
weekly gains to over 15%. The meme cryptocurrency is testing August resistance
levels around the 25-cent zone, with my technical analysis suggesting potential
for a move toward July highs near 28 cents if current momentum continues.
The Dogecoin
price surge coincides with anticipation surrounding the upcoming Dogecoin
ETF launch scheduled for September 12, 2025, which has driven significant
institutional interest. Recent whale accumulation of 4.9 billion DOGE tokens
worth approximately $2 billion has provided additional support for price
appreciation.
Why is Dogecoin price going up today? Source: Tradingview.com
What Else Is Pushing BTC,
ETH, XRP, and DOGE Higher
Market Structure and
Volume Analysis
Today’s
cryptocurrency rally is supported by substantial trading volume across all
major assets, with Bitcoin ETFs recording $757 million in net inflows – the
strongest since July. Ethereum ETFs also reversed recent outflows with $171.5
million in daily gains, indicating renewed institutional confidence ahead of
the Federal Reserve meeting.
The total
cryptocurrency market capitalization has approached the $4 trillion mark,
with Bitcoin price dominance maintaining elevated levels around 48%.
This suggests that while Bitcoin continues to lead the market, altcoins
including Ethereum price, XRP price, and Dogecoin price are
beginning to show signs of catching up, potentially signaling the start of a
broader altcoin season.
Market
participants are now focused on Thursday’s Consumer Price Index (CPI) data
release at 8:30 AM Eastern Time, which economists expect to show 2.9% annual
inflation. A reading at or below expectations could provide additional catalyst
for Bitcoin price, Ethereum price, XRP price, and Dogecoin
price to extend current gains.
Why Can Crypto Go Down? Risk
Factors and Technical Considerations
While
current momentum appears strong across Bitcoin price, Ethereum price, XRP
price, and Dogecoin price, analysts note potential headwinds, including
rising exchange reserves for some cryptocurrencies, which could indicate
distribution pressure from large holders. Additionally, seasonal patterns
historically show September as a challenging month for crypto performance,
though 2025 appears to be defying this trend.
Technical
resistance levels remain important, with Bitcoin price facing tests
near $115,000, Ethereum price needing to clear $4,500, XRP price confronting
$3.02 resistance, and Dogecoin price challenging the 25-cent barrier.
Sustained closes above these levels would likely confirm continuation of the
current uptrend across major cryptocurrencies.
The
convergence of favorable macroeconomic conditions, institutional adoption
trends, and technical breakout patterns suggests the current cryptocurrency
rally has strong fundamental support, positioning Bitcoin price, Ethereum
price, XRP price, and Dogecoin price for potential continued
gains as markets await Federal Reserve policy decisions.
Crypto Frequently Asked
Questions (FAQ) and My Honest Answers
In this
section, I answer the questions that may be on your mind or the ones you might
be hesitant to ask. Everything is laid out clearly and simply, drawing on my
more than 10 years of experience as an analyst and trader in the crypto market
(and beyond!).
Why is crypto going up
today?
Crypto
markets are surging due to cooling U.S. Producer Price Index (PPI) data showing
inflation dropped to 2.6% versus 3.3% expected, strengthening Federal Reserve
rate cut expectations for September 16-17. This dovish shift supports risk
assets, with Bitcoin price breaking $114K, Ethereum price reaching $4,400, XRP
price hitting $3.00, and Dogecoin price climbing 5%.
What caused Bitcoin price
to break above $114,000?
Bitcoin
price surged above $114,000 following the August PPI report showing core
inflation fell to 2.8% versus 3.5% consensus. Additionally, a MACD golden cross
formation occurred for the first time since April 2025, historically preceding
40% rallies. Federal Reserve easing expectations and institutional ETF inflows
of $757 million provided further momentum.
Will Ethereum price reach
$5,000 soon?
Ethereum
price at $4,400 shows consolidation patterns within an ascending channel, with
technical analysis suggesting potential breakout above $4,500 resistance.
Recent institutional accumulation exceeding $2 billion and DeFi integration
developments support bullish outlook, though sustained closes above key
resistance levels remain crucial for continuation toward $5,000 targets.
Why is XRP price breaking
through $3.00?
XRP price
breakthrough above $3.00 resulted from institutional flows creating six times
normal trading volume during breakout sessions. Ripple’s expanded BBVA
partnership under MiCA compliance, speculation around potential U.S. ETF
approvals, and futures open interest climbing to $7.94 billion indicate strong
institutional positioning for targets toward $3.60.
Is Dogecoin price rally
sustainable at 25 cents?
Dogecoin
price at $0.25 represents 15% weekly gains supported by upcoming ETF launch on
September 12, 2025, and whale accumulation of 4.9 billion DOGE tokens worth $2
billion. Technical analysis shows testing of August resistance levels with
potential for July highs near 28 cents if momentum continues above current
consolidation zone.
How do Federal Reserve
rate cuts affect cryptocurrency prices?
Historical
analysis shows Federal Reserve rate cuts initially create short-term volatility
through MVRV ratio compression and whale selling, followed by sustained rallies
as liquidity increases. The 93.7% probability of September rate cuts supports
crypto valuations by reducing dollar strength and encouraging institutional
capital allocation toward digital assets.
What are the key
resistance levels to watch?
Critical
resistance levels include Bitcoin price at $115,000 above the 50-day moving
average, Ethereum price needing sustained closes above $4,500, XRP price facing
$3.02 barrier after multiple rejections, and Dogecoin price challenging 25-cent
August highs. Breaks above these levels would confirm continuation of current
uptrend across major cryptocurrencies.
Should I expect more
crypto market gains this week?
Thursday’s
Consumer Price Index (CPI) release at 8:30 AM Eastern represents the next major
catalyst, with economists expecting 2.9% annual inflation. Results at or below
expectations could extend gains across Bitcoin price, Ethereum price, XRP
price, and Dogecoin price, while Federal Reserve policy decisions on September
16-17 will determine medium-term direction for cryptocurrency markets.
Quidd’s leaderboard ranks collectors based on the total value of all their Man City items. For a spot on the chart, collectors must complete at least 1 card set.
Each pack within the assortment guarantees ‘Shinies‘, with three of them holding actual cash rewards: Haaland $5,000, De Bryune $2,500, and Alvarez $1,000. Additionally, the leftover 20 Shinies offer bounties of $250 in store credit on Quidd.
Other prizes include exclusive match tickets, City Football Academy training sessions, autographed football kits, and more.
Not forgetting, the Manchester City 2023-24 collection marks a significant milestone in the ongoing multi-year partnership between the football team and Quidd, which promises more exciting NFT releases ahead.