Crypto market watch: Bitcoin inches above $110,000, most altcoins see small gains

The crypto price charts reflected small recoveries for a majority of tokens on Tuesday, September 2. Bitcoin, that had been logging losses over the last week, climbed by 2.30 percent in price in the last 24 hours. At the time of writing, the asset was trading at $110,164 on international exchanges, data by CoinMarketCap showed.

Bitcoin’s volatility is high for now and hence, investors should move very cautiously with their investment decisions for the time being, said Avinash Shekhar, the CEO of the Pi42 exchange speaking to CoinHeadlines.

“Bitcoin is holding near $110,000, but the footing looks fragile as whales shuffle positions and on-chain flows raise caution. Yet beneath the surface, institutional appetite remains resilient U.S. spot ETFs saw fresh net inflows, and Japan’s Metaplanet lifted its holdings past 20,000 BTC, reinforcing long-term conviction,” Shekhar said. “While market warn of a potential ‘Red September,’ these structural signals suggest the bull case is far from over.”

Ether did not see any notable price action in the last 24 hours. The asset, that was trading at $4,389 on September 1, is presently retailing at $4,835.

Commenting on ETH’s situation, Mudrex CEO Edul Patel said, “Ethereum is trading in a tight range around $4,300 as whale inflows are yet to contribute to the price action. Reclaiming the $4,600 levels could put ETH back in the bullish zone, while strong support lies near $4,200.”

Data by CoinMarketCap reflected small but notable profits next to Ripple, Binance, Solana, Dogecoin, Tron, Cardano, Chainlink, Stellar, and Avalanche on Tuesday. Shiba Inu, Polkadot, and Uniswap also reflected gains on the price chart.

U.S. President Donald Trump-backed World Liberty Financial (WLFI) token made a debut on Binance last day — officially up for trade. Currently, WLFI is trading at $0.2437 with a profit of 6.60 percent logged in over 24 hours.

The overall crypto market cap rose by 1.93 percent over the last day in the backdrop or most crypto assets having roped-in gains. The sector’s valuation presently stands at $3.8 trillion.

The EU is slated to disclose its CPI inflation data later in the day — which may have an impact on the markets. On September 5, the U.S. unemployment data is also set to be disclosed alongside the EU GDP growth data for Q2 — that could set pace for the market momentum for the coming week.