Crypto market overview
The cryptocurrency market opened the week on a positive note. Worldcoin (WLD) rallied roughly 20 % and pushed up the AI‑coin category by 3.5 %, while meme‑coins climbed more than 4 % thanks to Dogecoin’s 7 % rally and strong gains in SPX6900. Major layer‑1s and DeFi tokens were mostly stable. Bitcoin (BTC) edged up near $111 k and Ethereum (ETH) briefly dipped below $4.3 k. The global crypto market capitalization is about $3.93 trillion, up 0.45 % in the last 24 hours. BTC commands 56.27 % of market dominance while stablecoins represent 7.38 %.
India remains a major player. On 8 September 2025, the Lok Sabha’s Standing Committee on Finance convened to discuss regulation of virtual digital assets (VDAs). This meeting is a step toward implementing the Crypto‑Asset Reporting Framework (CARF) by 1 April 2027 and signals the government’s intent to address taxation and compliance. Chainalysis’ 2025 Global Crypto Adoption Index ranks India No. 1 for the third year running, underscoring strong retail and institutional participation.
Key indices and statistics
- Global market cap: ≈ $3.93 trillion; 24‑h change ≈ 0.45 %.
- Bitcoin dominance: 56.27 % of total market cap.
- Stablecoin market cap: $290 billion (~7.38 % share).
- Top themes: AI coins and meme coins led gains, while smaller altcoins faced selling pressure.
Bitcoin & Ethereum price movement
| Metric | Bitcoin (BTC) | Ethereum (ETH) |
|---|---|---|
| Price (approx. in USD) | $111,226.80 | $4,299.05 |
| Price (approx. in INR) | ₹99,00,200 | ₹382,600 |
| 24‑h % change | +0.85 % | +0.70 % |
| 24‑h high | $111,598 / ₹99,32,200 | $4,336.47 / ₹385,900 |
| 24‑h low | $110,329.50 / ₹98,19,300 | $4,270.36 / ₹380,100 |
| 7‑day range | $107,250.10 – $124,494.10 / ₹95,45,200 – ₹1,10,80,000 | $4,063.08 – $4,956.72 / ₹361,600 – ₹441,200 |
| Market sentiment | Neutral‑to‑Bullish – BTC held above $110k amid rising volume (+14.5 %) and spot‑ETF inflows. | Neutral – ETH’s low volatility suggests consolidation despite decreasing 24‑h volume (‑8 %). |
Top gainers (altcoins)
Several altcoins exhibited sharp gains amid the broad rebound. The table below lists the day’s top performers, focusing on coins popular with Indian traders. Percentages denote 24‑hour price change.
| Altcoin | Price* | 24‑h change | 7‑d change | Comment |
|---|---|---|---|---|
| Somnia (SOMI) | $1.60 | +60.31 % | +140.78 % over the week | Led gains in the AI‑gaming sector; high vol. ($1.14 B) and wide intraday range (high $1.9061, low $0.9607) suggest speculative interest. |
| GoPlus (GPS) | $0.01641 | +42.07 % | +63.76 % weekly | Cyber‑security token; spike in volume (+132 %) hints at renewed attention as DeFi platforms seek auditing tools. |
| Trusta.AI (TA) | $0.13726 | +38.89 % | +10.37 % weekly | AI‑driven identity verification project; surge follows partnership rumours. 24‑h high of $0.14217 and low of $0.09727. |
| CUDIS (CUDIS) | $0.10992 | +27.8 % | +21.51 % weekly | Privacy‑focused DeFi coin; positive sentiment after listing on a new exchange. |
| Aurora (AURORA) | $0.0881 | +19 % | +10.24 % weekly | Layer‑1 network token; benefited from ecosystem airdrop anticipation. |
Top losers (altcoins)
Smaller altcoins bore the brunt of profit‑taking and liquidity rotation. The following coins recorded the largest 24‑hour drops:
| Altcoin | Price* | 24‑h change | Weekly change | Possible reason for decline |
|---|---|---|---|---|
| Space Nation Oikos (OIK) | $0.0345 | –7.54 % | –31.42 % | Profit‑taking after earlier gains; project’s token unlock schedule raised dilution concerns. |
| tomi (TOMI) | $0.0001636 | –7.32 % | –34.5 % | Low‑cap token; decline intensified after negative social‑media sentiment and thin liquidity. |
| GAM3S.GG (G3) | $0.00315 | –7.14 % | –31.4 % | Esports‑related token; investors rotated into larger AI‑theme coins. |
| Camp Network (CAMP) | $0.05533 | –7.08 % | –33.29 % | Correction after big run‑up; high circulating supply and limited news weighed on price. |
| Roam (ROAM) | $0.13245 | –6.28 % | +11.42 % weekly | Gaming/metaverse project; short‑term pullback despite positive weekly trend. |
*Data from Moneycontrol’s 24‑h loser list.
Top trending coins in India
Trading patterns on Indian exchanges mirror global themes. According to Economic Times’ crypto price panel, the following coins attracted the most attention on 8 Sept 2025:
- Worldcoin (WLD): up ~21.4 % in 24 hours as AI‑identity adoption expands.
- Dogecoin (DOGE): gained ~6.76 % on renewed meme‑coin enthusiasm.
- Provenance Blockchain (HASH): advanced ~6.58 % amid growing asset‑tokenisation demand.
- Kinetiq Staked HYPE (HYPE): rose ~5.78 %, reflecting interest in synthetic‑asset staking.
- Hyperliquid (HYPERLIQUID): increased ~5.69 %, supported by liquidity‑mining incentives.
These figures reflect Indian rupee‑denominated prices and illustrate local traders’ preference for high‑beta projects with strong narratives.
Other crypto market updates
- Regulatory developments: The Indian finance committee’s VDA briefing suggests that clearer taxation and reporting rules may emerge. Investors should monitor any announcements following the meeting.
- Global flows: Bitcoin spot ETFs recorded $246 million in net inflows last week, the second consecutive week of gains. This underscores rising institutional participation. Conversely, Ethereum spot ETFs saw a net outflow of $788 million.
- Major news: Tokyo‑listed Metaplanet purchased 136 BTC (~$15.2 million), bringing its holdings to 20,136 BTC and boosting year‑to‑date yield to 487 %.
- Sector rotation: AI‑related tokens (e.g., SOMI, Worldcoin) and meme coins led gains, while smaller gaming and DeFi tokens lagged. Increased interest in AI tokens may continue as artificial‑intelligence adoption grows.
Key crypto coins to watch
- Bitcoin (BTC): Consolidation above $110 k suggests underlying strength. Watch for sustained ETF inflows and macro‑economic triggers such as US inflation data.
- Ethereum (ETH): Consolidating; upcoming upgrades and institutional adoption could spark volatility. Declining volumes hint at caution.
- Somnia (SOMI): With triple‑digit weekly gains, it represents both opportunity and risk. High intraday ranges require tight risk management.
- Worldcoin (WLD): Indian traders have driven interest, but regulatory scrutiny surrounding biometric data may add uncertainty.
- Hyperliquid (HYPE): A DeFi‑perp exchange token; trending locally thanks to yield farming. Monitor platform developments.
Crypto market outlook for tomorrow
Market sentiment remains cautiously optimistic. Bitcoin’s ability to hold above $110 k and Ethereum’s resilience near $4 k provide a constructive backdrop. However, several factors could influence the next session:
- Regulatory announcements: Any insights from the Indian finance committee’s VDA meeting may affect local sentiment.
- Macro events: Upcoming US economic data and Federal Reserve comments could impact risk appetite. A continuation of ETF inflows would favour a bullish scenario.
- Sector rotation: AI‑themed and meme‑coin rallies may pause as traders lock in gains. Look for capital rotation into layer‑1 tokens or DeFi protocols.
- Volatility in small‑cap tokens: The sharp declines in OIK, TOMI and G3 highlight fragility in low‑liquidity coins; caution is warranted.
Overall, the crypto market in India continues to show robust participation against a backdrop of global recovery. Investors should remain aware of regulatory developments and manage risk, especially when trading highly volatile altcoins.
