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CoinCatch Market Daily Report (September 3, 2025)
Beginner
2025-09-03 | 5m
On September 3rd, BTC rebounded to $111,398 after hitting a low of $107,261. The short-term moving average formed a golden cross, regaining some momentum, but declining trading volume suggests limited appetite for higher prices. ETH is consolidating in the $4,063–$4,300 range, with its short-term moving average crossing below 30 MA, indicating continued bearish pressure. Small-cap tokens performed actively, but overall market sentiment remained neutral, with the Fear and Greed Index at 39. Regarding hot topics, Linea officially launched a liquidity incentive program, distributing 1 billion LINEA tokens to attract an additional $1 billion in TVL; WLFI implemented a buyback and burn program; and the Ethereum Foundation prepared to sell 10,000 ETH, presenting both structural market opportunities and high volatility.
Crypto Market Overview
BTC (+0.53% | Current Price: $111,242.14)
After bottoming out at $107,261, BTC rebounded to $111,398 and is currently fluctuating around $111,000. A golden cross formed between the short-term moving averages, signaling renewed rebound momentum, but declining trading volume suggests limited appetite for higher prices. Support lies between $107,000 and $107,500, while resistance lies between $112,000 and $113,000. On September 2nd, BTC ETFs saw a net inflow of approximately $332 million, with Fidelity FBTC receiving $132.7 million.
ETH (-1.83% | Current Price: $4,323.31)
ETH prices fell from a high of $4,956 to $4,063, and have recently been fluctuating between $4,280 and $4,300. The short-term moving average has crossed below the MA30, indicating continued bearish pressure. Support is at $4,280, while resistance lies between $4,360 and $4,400. On September 2nd, ETH ETFs saw a net outflow of approximately $135.3 million, with Fidelity ETHA seeing a $99.2 million outflow.
Altcoins
Most major altcoins saw slight gains, with Q, SQUID, and GMMT performing particularly well. Market sentiment remained neutral. The Fear & Greed Index (FGI) was at 39, well within the fear zone, indicating a cautious market in the short term.
Macro Data
On September 2, the S&P 500 closed at 6,415.54, down 0.7%; the Dow Jones Industrial Average fell 249.07 points to 45,295.81; and the Nasdaq Composite dropped 175.92 points to 21,279.63. Gold prices hit a record high, with spot gold at $3,529.01 per ounce, up approximately 1.5%.
Trending Tokens
FLOCK FLock.io (+15.48%, Circulating Market Cap: $60.49 Million)
FLOCK is trading at $0.2814, up approximately 15.48% in the past 24 hours. FLock.io is the first decentralised AI training platform, combining Federated Learning and blockchain technology to revolutionise AI model development. By enabling secure, privacy-preserving model training without centralising data, FLock empowers communities to collaboratively create, train, and own AI models. Its ecosystem includes AI Arena for competitive model training, FL Alliance for privacy-preserving collaboration, and an AI Marketplace for deploying and refining models. On August 26, FLock hinted at a partnership with CIMG Inc. (NASDAQ: IMG), which is reportedly exploring FLOCK for its treasury and AI infrastructure. Corporate treasury adoption could reduce circulating supply (currently 214.9M FLOCK) while signaling real-world demand. FLock’s AI Arena and FL Alliance tools align with enterprise needs for secure, decentralized AI training.
PUNDIX Pundi X (New) (+7.76%, Circulating Market Cap: $80.97 Million)
PUNDIX is trading at $0.3130, up approximately 7.76% in the past 24 hours. Pundi X is a leading developer of blockchain-powered devices with the aim of transforming retail businesses with its blockchain-based point of sale solution. The solution allows retail merchants and consumers to conduct instantaneous in-store transactions on its blockchain. PUNDIX crossed above its 7-day SMA ($0.294) and 30-day EMA ($0.303), with RSI14 at 47.27 (neutral). However, MACD remains negative (-0.006), signaling caution. Short-term traders are frontrunning the breakout above $0.312, targeting Fibonacci resistance at $0.324 (23.6% level).
PROVE Succinct (+7.66%, Circulating Market Cap: $177.93 Million)
PROVE is trading at $0.9124, up approximately 7.66% in the past 24 hours. Succinct is a protocol focused on verifiable computation, enabling developers to easily generate and verify zero-knowledge (ZK) proofs in a variety of settings using its general-purpose zkVM (zero-knowledge virtual machine). Its mission is to make cryptographic verifiability a default feature in blockchain and web3 infrastructure and beyond, allowing systems to become more scalable, secure, and trust-minimized. Succinct’s Prover Network completed a critical upgrade (Aug 31–Sept 10) with Cysic, enabling GPU/ASIC node integration for faster zero-knowledge proof generation. This strengthens its position in Ethereum’s ZK-focused roadmap. The upgrade reduces proof generation times by up to 20x, making Succinct more competitive against rivals like zkSync. Enhanced efficiency could attract more developers to build on its SP1 zkVM, directly increasing PROVE’s utility for staking and fee payments.
Market News
World Liberty Burns 47M Tokens in Bid to Pump Price as Slide Continues
On-chain data shows that WLFI destroyed 47 million WLFI (approximately $11.34 million) from unlocked treasury wallets in the past six hours in response to the repurchase and destruction schedule proposed by community governance. Previously, within two days of the trading launch, WLFI also repurchased 6.498 million WLFI at an average price of $0.308 using 2 million USD1 through on-chain operations, further reducing the total number of circulating tokens.
WLFI's repurchase and destruction measures indicate that the project party is actively managing the token supply, which may boost market confidence in the short term and bring favorable expectations of a shrinking circulation volume to coin holders.
The Linea Ignition Incentive Program Is Now Open to the Entire Linea Community
Linea officially announced the launch of the Linea Ignition liquidity incentive program, with a planned total of 1 billion LINEA tokens and the goal of attracting an additional $1 billion in TVL. The program will run until October 26, 2025. The first batch of eligible partnerships include Ethereum, Aave, and Euler, with Turtle Club to be added later. The incentive distribution rules are: 40% will be unlocked all at once on October 27, and the remaining 60% will be released linearly over 45 days.
In addition, the Linea Association has approved the allocation of 4% of LINEA to liquidity providers participating in Linea Surge. The specific operations of exchanging SBT for LINEA will be announced through the qualification check page.
This plan will help increase the TVL and liquidity activity of the Linea protocol, which is a great benefit to early participants in the ecosystem. It may also drive market attention and trading activity for tokens in the short term.
Ethereum Foundation to Sell 10K ETH for R&D, Grants, and Donations
On-chain monitoring indicates that the Ethereum Foundation has transferred 10,000 ETH (approximately $42.7 million) to an exchange, with plans to sell it in the coming weeks to support research and development and donations. Notably, the Foundation's previous sale of 10,000 ETH was also completed via an over-the-counter transaction to SharpLink, at a price of approximately $2,572 per ETH, for a total of $25.73 million. This transfer occurred just 10 minutes before the official announcement.
The Ethereum Foundation's sales may increase market supply pressure in the short term, posing a certain volatility risk to ETH prices. However, considering that the funds from sales are primarily used for ecosystem development and R&D, such operations constitute strategic capital allocation and have limited impact on long-term market confidence.
Reference:
CoinMarketCap. (n.d.). CoinMarketCap.
https://coinmarketcap.com
Farside Investors. (n.d.-a). Bitcoin.
https://farside.co.uk/btc/
Farside Investors. (n.d.-b). Ethereum.
https://farside.co.uk/eth/
Investing.com. (n.d.-a). USA Indices.
https://investing.com/indices/usa-indices
GoldPrice.org. (n.d.).
Spot gold price today. Retrieved August 11, 2025, from
https://goldprice.org/spot-gold.html
Cointelegraph. (2024, May 12).
Ethereum foundation sale, research grants, donations. Cointelegraph.
https://cointelegraph.com/news/ethereum-foundation-sale-research-grants-donations
Cointelegraph. (2024, April 28).
WLFI token burn, price drop: World Liberty Financial. Cointelegraph.
https://cointelegraph.com/news/wlfi-token-burn-price-drop-world-liberty-financial
Panews Lab. (2024, May 5).
WLFI token burn and price analysis: World Liberty Financial updates. Panews Lab.
https://www.panewslab.com/en/articles/833601bf-08c8-4c0b-ba2a-f8e5a720d849
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.
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