Crypto Market Evening Report (2 September 2025)
US & Europe Session • BTC, ETH, SOL and altcoins — currencyconverter.top
🌇 Market Overview
The crypto market ended Tuesday with renewed bullish strength. Bitcoin (BTC) touched $68.9K, Ethereum (ETH) traded at $3.67K, while Solana (SOL) climbed to $183. Altcoins like ADA, LINK, and AVAX extended gains, supported by improving risk sentiment. The Dollar Index (DXY) slipped to 100.9, aiding crypto demand, while US equities closed mixed.
📊 Evening Snapshot
| Coin | Price | 24h % | High/Low |
|---|---|---|---|
| BTC | $68,900 | +0.9% | H $69.2K / L $67.8K |
| ETH | $3,670 | +1.0% | H $3,690 / L $3,610 |
| SOL | $183 | +1.4% | H $185 / L $178 |
| ADA | $0.593 | +1.2% | H $0.601 / L $0.575 |
| BNB | $658 | +1.1% | H $665 / L $645 |
| DOT | $10.5 | +1.4% | H $10.6 / L $10.1 |
| LINK | $17.3 | +1.8% | H $17.6 / L $16.7 |
₿ Bitcoin (BTC)
BTC extended gains to $68.9K, approaching key psychological resistance at $69K. A breakout could open the door to $69.5K and $70K. Supports are at $67.8K and $67.0K. On-chain metrics show declining exchange inflows and higher whale accumulation. Futures OI rose 5%, and funding rates stayed moderately positive, confirming bullish momentum.
Ξ Ethereum (ETH)
ETH closed near $3,670, with resistance at $3,690. A successful breakout could push ETH toward $3,720. Supports remain at $3,610 and $3,570. DeFi TVL jumped 4% in the last 24h, while staking demand hit a record. ETH/BTC ratio improved, highlighting ETH’s relative strength versus BTC.
◎ Solana (SOL)
SOL traded at $183, breaking out of recent consolidation. Resistance lies at $185; breakout opens path to $188. Supports remain at $178 and $174. Solana NFTs and gaming activity surged 18%, while DeFi adoption continued to accelerate.
🟡 Altcoins Roundup
Altcoins gained further momentum. ADA rallied to $0.593, up 1.2%. BNB advanced to $658, while DOT hit $10.5. LINK soared 1.8% to $17.3 on rising DeFi integrations. XRP traded at $0.745, steady on volumes. MATIC consolidated near $0.892, while DOGE and SHIB saw speculative inflows. Mid-cap coins like AVAX, APT, and ARB attracted fresh liquidity, pointing to risk-on appetite.
🧭 Sector View
- DeFi: Lending protocols up 5% in volumes; AAVE borrow demand led.
- Layer-2: Arbitrum & Optimism daily transactions rose; Base ecosystem continued to expand.
- NFTs: Gaming NFTs rose 15% overnight; top collections BAYC & Azuki stable.
- Stablecoins: USDT supply expanded $400M, boosting liquidity across exchanges.
🌍 Macro & Sentiment
US equities closed mixed; Dow Jones -0.1%, Nasdaq +0.2%. European indices ended flat, while Asia traded cautiously. The Dollar Index (DXY) slipped below 101, favoring crypto demand. Futures OI rose 5% in BTC and ETH, with positive funding rates. Fear & Greed Index stood at 76 (Greed), near overheated levels.
🧩 Strategy Notes
- BTC: Bullish above $67.8K; breakout >$69K → $69.5K–$70K.
- ETH: Strong >$3.61K; breakout $3.69K → $3.72K.
- SOL: Constructive >$178; breakout $185 → $188.
- Alts: Accumulate ADA, DOT, LINK; manage risk in DOGE/SHIB due to volatility.
🔗 Read More on currencyconverter.top
❓ FAQs
Q1: What is BTC’s next resistance?
👉 $69K; breakout may target $69.5K–$70K.
Q2: Is ETH bullish?
👉 Yes, ETH >$3.61K; breakout $3.69K → $3.72K.
Q3: SOL outlook?
👉 Bullish >$178; breakout $185 → $188.
Q4: Which altcoins are leading?
👉 ADA, DOT, and LINK led today’s altcoin rally.
0 Comments