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Jakarta, Pintu News – The crypto market is currently experiencing a highly volatile phase, where traders are considering the next move for the leading digital asset.
Bitcoin (BTC) is trading at $108,876, Ethereum (ETH) is holding above $4,350, and Ripple (XRP) is consolidating near $2.81.
The crypto market capitalization remained at $3.78 trillion despite a 26.71% drop in 24-hour trading volume to $140.15 billion.
Check out the full information below!
Bitcoin (BTC) is currently trading around $108,876 according to data from CoinMarketCap, showing a modest intraday gain of 0.46%. However, the bigger picture suggests a continued drawdown as Bitcoin (BTC) continues to post lower peaks since hitting an all-time high of $126,414.

This raises the question of whether Bitcoin (BTC) will be able to reach the psychological $100,000 mark again in the near future. Bitcoin’s (BTC) ability to maintain support at current price levels will be key in determining whether there will be a price recovery or a further decline.
With volatile market conditions, investors and traders should be alert to any changes that may occur.
Read also: Michael Saylor Launches “Station B”: The First AI-Powered Bitcoin Space Station Project!

Ethereum (ETH) is currently trading at $4,369, slightly higher after successfully defending support. Ethereum (ETH) reached an all-time high of $4,891, but like Bitcoin (BTC), Ethereum (ETH) also experienced rejection at higher levels, signaling selling pressure.
This suggests that while there is potential for upside, there is also significant downside risk if current support cannot be maintained.
Ethereum’s (ETH) defense of the $4,350 level will be crucial to determining the future direction of the price. If Ethereum (ETH) can defend or even build from this level, there is a possibility of another attempt at the previous high.
Read also: Ahead of Token Launch, WLFI Expands USD1 Stablecoin to Solana Blockchain?

Ripple (XRP) is currently trading around $2.81, showing sideways consolidation after several failed attempts to reclaim the $3.00 resistance zone. Despite the broader market decline, the volatility of Ripple (XRP) remains manageable compared to Bitcoin (BTC) and Ethereum (ETH).
This may indicate that there is an opportunity for Ripple (XRP) to stabilize and possibly increase if market conditions are favorable. Defense of current levels and the ability to break through the $3.00 resistance will be key to see if Ripple (XRP) can experience a price recovery in September.
The performance of the crypto market in September largely depends on the ability of major cryptocurrencies to maintain current technical support levels. Bitcoin’s (BTC) proximity to the $100,000 psychological level, Ethereum’s (ETH) defense against $4,350, and Ripple’s (XRP) consolidation pattern indicate the potential for significant volatility.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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