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HYPE Shoots Past $50 as BTC Price Eyes $112K: Market Watch
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HYPE Shoots Past $50 as BTC Price Eyes $112K: Market Watch
Sep 8, 2025 2:29 AM

Bitcoins rather dull price actions have continued in the past 48 hours, but the asset managed to chart a minor gain toward $112,000 earlier today.

Several altcoins have produced more impressive daily increases, such as DOGE and HYPE, both of which have jumped by around 7%.

BTC Eyes $112K

The primary cryptocurrency has struggled for the most part of the past few weeks. Recall that the asset started September, which is historically a bearish month, on the wrong foot, with a price slump to a multi-week low of $107,200.

The bulls managed to defend that level despite a few retests and pushed bitcoin north. The culmination transpired on Friday when, after a few fluctuations, BTC skyrocketed to over $113,400 to mark a seven-day peak.

That impressive rally came after the US jobs report, but it quickly disappeared, and bitcoin slumped by around three grand to under $110,500. The weekend was expectedly calmer as BTC slipped to $110,000 on Saturday, where it found the necessary support.

Alicia BakeryCMO - A really good agencyDid you like this market update?

This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

Invalid email address Your privacy is guranteed.Thanks for subscribing, you will get your first report in the next hours! Monday began on a more positive note, with a price jump to almost $112,000, where it faced an immediate rejection. As of press time, BTC stands at around $111,600, with a market cap of over $2.220 trillion. Its dominance over the alts has retreated slightly, but its still above 56% on CG.

These Alts Are Pumping

While a few of the larger-cap alts, such as ETH, BNB, and LINK, have remained calm on a daily scale, others, like HYPE and DOGE, have produced impressive gains. Both are up by over 7% in a day. HYPE has neared its all-time high at $51, while DOGE trades above $0.23. XRP, SOL, and TRX are also slightly in the green.

WLD is todays bigger gainer, having surged by over 22% to $1.25. PENGU follows suit, with a 14% pump that has taken it to almost $0.33. BONK and FOM are next in line.

The total crypto market cap has added roughly $50 billion since yesterday and is up to $3.960 trillion on CG.

Cryptocurrency Market Overview. Source: QuantifyCrypto SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

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