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CoinCatch Market Daily Report (September 9, 2025)
Beginner
2025-09-09 | 10m
On September 9, the crypto market has seen broad gains today, particularly led by the AI sector, which has reportedly jumped 14.38% in the past 24 hours. Bitcoin climbed more than 1% to $112,900, while Ethereum also dropped 0.23% to under $4,300. Market sentiment is currently "neutral". Regarding hot topics, crypto asset manager Grayscale is willing to convert its Chainlink Trust into a spot exchange-traded fund (ETF); NFT marketplace turned trading platform OpenSea on Monday said it launched a $1 million reserve dedicated to buying “culturally relevant" non-fungible tokens (NFTs); Ant Digital Technologies, the blockchain arm of fintech giant Ant Group, is advancing efforts to bring over 60 billion yuan ($8.4 billion) worth of energy assets onchain.
Crypto Market Overview
BTC (+1.02% | Current Price: $112,952.35)
Bitcoin (BTC) is currently trading around the $112,000 to $113,000 range after recovering from recent dips. Its price is just under the 100-day moving average, which acts as short-term resistance. On September 8th, BTC ETFs experienced a net inflow of $364.3 million, with BlackRock IBIT seeing $25.5 million inflows, Fidelity's FBTC seeing an inflow of 156.5 million.
ETH (-0.23% | Current Price: $4,291.86)
Ethereum (ETH) is currently trading around $4,300 after weeks of consolidating to a narrow range. The price is stabilizing, and trading volumes are increasing, particularly for altcoins within its ecosystem. ETH is holding steady near $4,300, with the $4,200–$4,250 zone acting as strong support. Immediate resistance is seen at $4,350 and $4,370. A decisive breakout above $4,450–$4,500 could trigger bullish momentum towards $4,800. Conversely, failure to hold $4,200 could lead to a retest of $3,800–$3,900.On September 8th, ETH ETFs saw a net outflow of $96.7 million, with BlackRock ETHA seeing an outflow of $192.7 million and Fidelity FETH seeing an inflow of $75.2 million.
Altcoins
The altcoin market is showing mixed signals, with some altcoins rallying while the overall market cap remains below its 50-day moving average. This suggests a cautious sentiment despite recent gains in some tokens. A potential altcoin season hinges on Bitcoin's dominance continuing to retreat and the total altcoin market capitalization showing strong improvement. Bitcoin dominance has slipped below 60% and is consolidating. A widely anticipated September rate cut by the Federal Reserve could create a favorable environment for altcoins by increasing liquidity and investor risk appetite. Increased trading volumes and retail enthusiasm are also needed to fuel a broader rally.
Macro Data
The US and Canadian labor markets are showing signs of softening, with US job openings falling below the number of unemployed for the first time since 2021. This weakening labor market increases the likelihood that the Federal Reserve will cut interest rates in the coming months. The upcoming US Consumer Price Index (CPI) data is the last key data point before the next Fed meeting and will be crucial in influencing the rate decision. Emerging market assets have performed well this year, driven by a weaker US dollar, an improved macro backdrop, and country-specific factors. The MSCI EM Index is up 20%, outpacing the developed market MSCI World index, which is up 14%. Inflation, interest rates, GDP, exchange rates, and political events are all important macroeconomic factors that can influence market prices. A softer revision of inflation could trigger a short relief rally in Bitcoin and potentially other crypto assets.
On September 8th, the S&P 500 gained 0.21% to 6,495.15; the Dow Jones Industrial Average up 0.25% to 45,514.95; and the Nasdaq gained 0.45% to 21,798.70. As of 7:00 AM (UTC) on September 9th, the spot gold price was currently at $3,648.81 per ounce, a 24-hour increase of 0.34%.
Trending Tokens
FLOCK FLock.io (+72.7%, Circulating Market Cap: $105.2 Million)
FLOCK is trading at $0.4732, up approximately 72.7% 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. FLock.io (FLOCK) is being listed for trading on UPBIT and Coinbase cryptocurrency exchange on September 9, 2025. Exchange listings often expose a token to a wider audience and new liquidity, frequently leading to price rallies.
WLD Worldcoin (+53.47%, Circulating Market Cap: $3.84 Billion)
WLD is trading at $1.25, up approximately 23.02% in the past 24 hours. The Worldcoin system revolves around
World ID, a privacy-preserving global identity network. World ID enables users to verify their humanness online ("Proof of Personhood") while maintaining their privacy through
zero-knowledge proofs. Eightco (NASDAQ: OCTO) announced a $250M Worldcoin treasury on September 8, with $20M from BitMine and Tom Lee. This institutional endorsement signals confidence in WLD’s role in Ethereum-based identity solutions.What this means: Reduces sell pressure by locking tokens in a treasury; Validates Worldcoin’s “proof-of-humanity” tech as critical for AI/blockchain integration; OCTO stock surged 1,330%, amplifying retail FOMO.
KAITO KAITO (+37.84%, Circulating Market Cap: $334.04 Million)
KAITO is trading at $1.38, up approximately 37.84% in the past 24 hours. KAITO in crypto refers to an AI-powered Web3 platform designed to address the problem of fragmented and overwhelming information in the cryptocurrency space. It functions as a specialized crypto search engine, using AI to aggregate and analyze data from thousands of sources like social media, forums, research papers, and podcasts, converting it into actionable insights for investors and traders. KAITO breached its 24-hour resistance at $1.20 (23.6% Fibonacci level) and is testing $1.39, supported by a bullish MACD crossover (histogram +0.0062) and rising RSI (59.2 on 7-day). The 24-hour volume surge ($460M) confirms strong buyer conviction. Technical traders were likely to enter positions as the price cleared up the $1.15–$1.20 zone, a critical resistance since May 2025. The MACD’s shift to positive territory signals momentum acceleration, while RSI leaves room for further upside before overbought conditions.
Market News
Asset Manager Grayscale Files for Spot Chainlink ETF, LINK Price Goes Up
As per the latest SEC filing submitted on September 8, crypto asset manager Grayscale is willing to convert its Chainlink Trust into a spot exchange-traded fund (ETF). The asset manager filed a Form S-1 to convert the Grayscale Chainlink Trust (LINK) into the Grayscale Chainlink Trust ETF, set to trade on NYSE Arca under the ticker GLNK.
After the announcement, bullish momentum pushed LINK up 3%, breaking past the $23 mark.
As per the Form S-1 submitted to the US SEC, the proposal hinges on NYSE Arca’s generic listing standards for commodity-based ETPs, filed in July. This could let certain crypto products get listed without needing individual SEC approval. If adopted, Grayscale expects its LINK Trust to meet the requirements.
Grayscale is not alone in pursuing a Chainlink ETF. In August, Bitwise Asset Management also filed with the SEC for its own Chainlink-backed product.
OpenSea Announces NFT Reserve with CryptoPunk As First Buy
NFT marketplace turned trading platform OpenSea on Monday said it launched a $1 million reserve dedicated to buying “culturally relevant" non-fungible tokens (NFTs). OpenSea kicked off its NFT reserve by buying a piece of digital art from the CryptoPunk collection — widely considered Ethereum's first NFT profile picture (PFP) collection.
“To us, culturally relevant NFTs are works that have made an impact: creatively, socially, or technologically,” OpenSea chief marketing officer Adam Hollander told Cointelegraph. “They might represent a defining moment in NFT history, introduce a new artistic style, or come from voices that haven’t been fully recognized yet.”
OpenSea bought CryptoPunk #5273, and plans additional acquisitions. Hollander said buying decisions will be guided by a cross-functional team of employees and external advisers from the digital art world. Onchain data shows that CryptoPunk #5273 was purchased on Aug. 25 for 65 ETH, valued at around $283,000, before being transferred to another wallet address on Monday.
Ant Digital Plans to Tokenize Over $8 Billion in Energy Assets
Ant Digital Technologies, the blockchain arm of fintech giant Ant Group, is advancing efforts to bring over 60 billion yuan ($8.4 billion) worth of energy assets onchain, according to a Bloomberg report.
Bloomberg reported Tuesday, citing sources familiar with the matter, that the Ant Group unit has been tracking power output and monitoring potential outages across some 15 million new energy devices in China, including wind turbines and solar panels. This operational data has been moved onto AntChain, the company's blockchain.
The initiative has already moved beyond the planning phase, with Ant completing financing for three clean energy projects through tokenization, raising roughly 300 million yuan ($42 million) in total for the operating companies, according to the report.
Ant is exploring ways to boost liquidity for real-world assets by issuing tokens on offshore decentralized exchanges as part of its future expansion, the sources told Bloomberg. The company's plans remain tentative, however, as they hinge on regulatory clearance.
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 September 5, 2025, from
https://goldprice.org/spot-gold.html
The Block. (2025, September 9).
Ant Digital plans to tokenize over $8 billion in energy assets: Bloomberg. The Block. Retrieved from
https://www.theblock.co/post/369959/ant-group-tokenize-energy-assets
Cointelegraph. (2025, September 9).
OpenSea announces NFT reserve, buys CryptoPunk as first acquisition. (2025, September 9). Retrieved from
https://cointelegraph.com/news/opensea-nft-reserve-cryptopunk-first-buy
Brave New Coin. (2025, September 9).
Grayscale files to convert Chainlink Trust into ETF as institutional crypto adoption expands. Retrieved from
https://bravenewcoin.com/insights/grayscale-files-to-convert-chainlink-trust-into-etf-as-institutional-crypto-adoption-expands
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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