Latest Crypto News and Market Updates – September 8

1. BTC, ETH and SOL hold steady over the weekend

Bitcoin, Ethereum, and Solana maintained strong momentum through the weekend. As the new week begins, traders are closely watching the correlation between BTC and equities.

2. Calm market but altcoins see sudden spikes

While the overall market was quiet, several altcoins posted sharp gains to attract liquidity. SOMI, GPS, NMR, TA, and MYX all recorded unexpected price jumps.

3. Major token unlocks scheduled this week

 - S: $45.4M

 - MOVE: $5.9M

 - BB: $6.4M

 - APT: $48M

 - IO: $7M

4. HYPE consolidates around $47

HYPE token is holding near $47. Hyperliquid will soon support Circle’s native USDC. Meanwhile, its new stablecoin USDH is attracting interest, with Paxos and other players bidding.

5. OKB approaches $200 again

OKB is climbing back toward the $200 level. A strong promotional campaign on X, led by OKX founder Star Xu, is fueling renewed momentum.

6. WLFI jumps to $0.23

WLFI surged to $0.23, over 20% above its recent low. The Trump family’s net worth rose by $1.3B this week, with WLFI contributing $670M. They still hold $4B worth of locked WLFI.

7. BNB Chain spotlighted for AI trend

BNB Chain gained attention after CZ highlighted the booming “AI companionship” trend, hinting at potential integration with crypto — a trend worth monitoring.

8. Key macroeconomic events this week

NFP data reinforced expectations that the Fed may cut rates in September.

PPI & CPI reports are due Wednesday and Thursday, likely to drive short-term volatility.

9. Experts’ view on rates and equities

Analysts believe a Fed rate cut is nearly locked in. Options traders are also pricing in expectations of a stable stock market in the near term.

Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.