Crypto Market: Bitcoin Hits $111K; WLFI & MemeCore Surge
The crypto market showed mixed performance on September 2. Bitcoin (BTC) climbed 2.4% to approach $111,000, while Ethereum (ETH) slipped 1.9% to around $4,300. Sector gains were led by RWA and PayFi tokens. Maker (MKR) and Sky (SKY) each rose more than 5%. Trump-backed World Liberty Financial (WLFI) surged 18.6%, and MemeCore (M) jumped 33.7%, bucking a broader meme token downturn. Meanwhile, ETF Store president Nate Geraci expressed nearly 100% confidence in XRP ETF approval in 2025, citing 87% odds on prediction market Polymarket. This crypto market update highlights strong bullish signals in select tokens and continued ETF-driven optimism.
Bullish
This news is bullish for crypto traders. Bitcoin’s break toward $111K and strong rallies in WLFI and MemeCore signal renewed buying interest and risk appetite. Sector-specific gains in RWA and PayFi tokens suggest diversification beyond blue-chip assets. Optimism around a 2025 XRP ETF approval adds institutional tailwinds, similar to past ETF-related rallies in Bitcoin and Ethereum. In the short term, traders may chase momentum in top performers. Over the long term, ETF progress and sector rotation could support sustained growth and market stability.