Cryptocurrency Market Update: Gold Don Pass $3,540, Bitcoin $113,600 Resistance, Ethereum Sentiment Dey Dip

Published: 2025-09-03 06:54:37 |

Gold price don shoot up reach record high as spot gold don pass $3,546 and NY futures don top $3,600 per ounce. World Gold Council dey push for make dem digitalize gold to make di $900 billion London market beta, plus Morgan Stanley dey forecast say gold go reach $3,800 by Q4 2025. For crypto market, Bitcoin dey near key resistance level for $113,600 after e retrace from $112,000. Analysts dey warn say if e pass $113,600, e fit carry BTC go $119,500 but if e no fit, e fit fall back to $100,000–$105,000. Bridgewater guy Ray Dalio dey give caution about US debt and policy wahala, wey dey make international investors shift from Treasuries go gold. Ethereum uptrend dey weaken as daily volumes drop from $122 billion to $57 billion, plus ETF inflows dey slow, so quick jump back to $5,000 no too likely. But ETH/BTC ratio don break long-term downtrend, e fit get rally for Q4. Altcoins like Solana (SOL) and Linea (LINEA) dey gather attention; Linea’s Ignition program go distribute 10 billion LINEA tokens across Etherex, Aave, and Euler, wey move the project tokens up. Bitcoin ETFs see net inflows of $333 million, Ethereum ETFs get $135 million outflows. Important upcoming events na Binance Hyperbot token mint, Ondo Finance launch on-chain US stock platform, plus some new coin listings for Binance Alpha. Crypto market indicators still mixed, greed index at 55 and $243 million in 24-hour liquidations, show say volatility and trading chances still dey.

Neutral

Di-mix signals—record gold highs, Bitcoin dey for decisive resistance, Ethereum momentum dey weaken, plus uneven ETF flows—dem dey point to neutral market stance. Gold rally dey support safe-haven demand, while Bitcoin battle for $113,600 show say consolidation dey happen, no be clear breakout. Ethereum volume drop plus ETF outflows mean say rally potential dey cool down, but ETH/BTC ratio break dey hint longer-term upside. Similar past cycles show when gold plus crypto trends no align, traders dey usually pause dem dey wait for clearer catalysts like Fed rate cuts or fiscal policy changes. For short term, expect say BTC go trade within range ($100k–$119k) and ETH ($4,000–$5,000). For long term, continued macro uncertainty fit sustain volatility but e fit also trigger selective buying of big assets.