On September 5th, Bitcoin is currently trading at $112,750, with a short-term strong fluctuation; ETH rebounded to $4,396; Altcoins as a whole fell slightly, with the Fear and Greed Index at 47. Regarding hot topics, the U.S. August non-farm payrolls will be released tonight; World Liberty Financial (WLFI), the crypto protocol linked to Donald Trump and his family, on Thursday blacklisted Tron founder and key investor Justin Sun's blockchain address; Plume, the blockchain for real-world assets (RWAs), announced a partnership with Circle, a regulated stablecoin issuer, to integrate its native USDC and CCTP v2 cross-chain transfer protocol into the Plume network.
Crypto Market Overview
BTC (+1.75% | Current Price: $112,750.14)
After a period of decline, BTC prices quickly stabilized and rebounded, currently re-entering around $112,000, strengthening short-term bullish momentum. Trading volume indicates a moderate rebound, suggesting a gradual pickup in buying. If the price can successfully break through and stabilize above $113,000, it could challenge the previous high of $113,500. However, if the upward push falters and falls back below $110,000, it could retest previous support levels. BTC's short-term trend is volatile and bullish, requiring careful attention to key levels. On September 4th, Bitcoin spot ETFs experienced another single-day net outflow, totaling $222.9 million. BlackRock's IBIT saw a net inflow of $134.8 million, making it the only product to attract significant inflows.
ETH (+0.11% | Current Price: $4,396.43)
ETH's price has returned above $4,320, showing signs of stabilization in the short term. Trading volume indicates that the rebound from the low level was accompanied by some buying, indicating market interest at the current price. If ETH can break through $4,400, it could initiate a new upward trend; conversely, if it falls below $4,250, it may continue its volatile consolidation pattern. Overall, ETH is in a correction, requiring attention to both upward pressure and downward support. On September 4th, Ethereum spot ETFs saw a net outflow of $167.3 million. During this period, BlackRock ETHA received $148.8 million, representing the primary source of incremental capital.
Altcoins
Most major altcoins maintained a slight decline, with market sentiment mainly "neutral" or "buy." The Fear and Greed Index was at 47 today, still in the neutral range, indicating that market sentiment is in a balanced state, with no strong bullish or bearish sentiment.
Macro Data
On September 4th, the S&P 500 rose 0.83% to 6,502.08; the Dow Jones Industrial Average rose 0.77% to 45,621.29; and the Nasdaq Composite Index rose 0.98% to 21,707.69. As of 11:33 AM (UTC+8) on September 5th, the spot gold price was currently at $3,556 per ounce, a 24-hour increase of 0.43%.
Trending Tokens
ALPINE Alpine F1 Team Fan Token (+18.19%, Circulating Market Cap: $39.61 Million)
ALPINE is trading at $2.11, up approximately 18.19% in the past 24 hours.Alpine F1 Team Fan Token (ALPINE) is the first Formula One-themed fan token by Binance — the world's biggest and most popular cryptocurrency exchange. After Binance released its first fan token in LAZIO, the ALPINE token will give fans of the Alpine F1 Team a chance to engage with the racing brand. ALPINE’s rally combines technical triggers, fan engagement, and robust liquidity – a mix typical of high-beta fan tokens. While bullish momentum prevails, the absence of fresh fundamental catalysts leaves the token exposed to profit-taking if F1-related narratives fade.
PRAI Prevasea AI (+16.4%, Circulating Market Cap: $4.51 Million)
PRAI is trading at $0.01911, up approximately 16.4% in the past 24 hours. Privasea AI (PRAI) is a privacy-focused blockchain network combining Fully Homomorphic Encryption (FHE) and decentralized AI to enable secure, confidential data processing for Web3 and enterprise use cases. PRAI reclaimed its 7-day SMA ($0.0168) and 30-day EMA ($0.0186), with MACD histogram turning positive for the first time in two weeks. The crossover above key moving averages often attracts trend-following traders. The next resistance sits at 61.8% Fibonacci retracement ($0.0217). Volume surged 32% to $6.08M, supporting the breakout’s validity.
HIFI Hifi Finance (+12.64%, Circulating Market Cap: $9.77 Million)
HIFI is trading at $0.06893, up approximately 12.64% in the past 24 hours. Hifi is a decentralized finance protocol that allows people to lend and borrow crypto at a fixed interest rate. Hifi is made up of decentralized interest rate markets that mature on specific dates. Hifi markets use an Automated Market Maker model, in which users supply tokens to “liquidity pools” and an algorithm sets the interest rate based on supply and demand. HIFI’s rally appears driven by technical factors and opportunistic trading rather than organic demand. While the oversold bounce offers short-term upside potential, the upcoming Binance delisting (September 17) and thin liquidity pose risks.
Market News
Goldman Sachs' Non-farm Payroll Forecast: Below Market Expectations, But Above Recent Averages
The U.S. August non-farm payrolls will be released tonight. Goldman Sachs expects that 60,000 new non-farm jobs will be added and the unemployment rate will rise slightly to 4.3%. The non-farm report will also provide evidence for assessing the impact of policies such as tariffs, government layoffs, and immigration on the labor market.
On September 5, according to the Chasing Wind Trading Desk, Goldman Sachs said in its latest research report that it expects non-farm payrolls to increase by 60,000 in August, lower than the market consensus of 75,000, but higher than the average of 35,000 in the past three months. This forecast reflects the dual impact of a modest improvement in private sector employment growth and a continued contraction in government employment.
However, Goldman Sachs also warned that the August non-farm payroll data had a systematic bias of being weaker for the first time in history, and the federal government employment was expected to fall by 20,000, which may drag down the overall employment data.
Analysis pointed out that the forecast highlights the complex situation of the current U.S. labor market. On the one hand, the private sector shows signs of a moderate recovery, while on the other hand, changes in government policies continue to put pressure on employment growth.
World Liberty Financial Blacklists Justin Sun's Address With $107M WLFI
World Liberty Financial (WLFI), the crypto protocol linked to Donald Trump and his family, on Thursday blacklisted Tron founder and key investor Justin Sun's blockchain address, impeding him from transfering WLFI tokens. The move affects 595 million unlocked WLFI tokens held on the address, worth roughly $107 million at current prices, according to Arkham data. The action followed the Sun-linked address making several outbound transactions of WLFI tokens on the Ethereum blockchain including one for $9 million worth of the tokens — blockchain data shows.
Sun, in a translated post on X, said that the "address only conducted a few generic exchange deposit tests, with very low amounts, and then created address dispersion, without involving any buying or selling, which could not possibly have any impact on the market."
Plume Integrates Circle’s Native USDC and CCTP V2 to Promote the Development of Financial Compliance on the RWA Chain
Plume, the blockchain for real-world assets (RWAs), announced a partnership with Circle, a regulated stablecoin issuer, to integrate its native USDC and CCTP v2 cross-chain transfer protocol into the Plume network. This collaboration enables users to access and trade USDC directly on Plume without relying on cross-chain assets. CCTP v2's seamless cross-chain capabilities also reduce friction and risk in multi-chain fund flows. This mechanism also enables users to mint pUSD, the native stablecoin, using USDC to provide collateral and settlement support for institutional-grade RWA transactions.
Since its mainnet launch in June 2025, Plume has attracted over 196,000 asset holders and integrated over 200 applications and protocols, demonstrating robust ecosystem growth. This partnership with Circle further strengthens Plume's compliance and liquidity, providing a more robust foundation for institutional users to enter the on-chain RWA financial market. With the accelerated integration of compliant stablecoins and cross-chain technology, Plume's competitiveness in the RWA market is expected to significantly increase. However, the market remains concerned about the regulatory environment and potential risks associated with the expansion of on-chain financial instruments.
Reference:
CoinCatch Team
Disclaimer:
Digital asset prices carry high market risk and price volatility. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance. CoinCatch is not responsible for any losses that may occur. This article should not be considered financial advice.