Crypto Market Sees Moderate Gains on September 11
The global crypto market showed slight upward movement on September 11. The total market capitalization rose 0.19% to $3.94 trillion. Trading volume increased 4.16% to $161.78 billion, according to CoinMarketCap data.
Bitcoin, the largest cryptocurrency by market cap, traded at $113,823. It gained 0.23% in the last 24 hours with a trading volume of $50.51 billion. Ethereum followed, rising 1.10% to $4,413.25, with $42.91 billion in trading volume.
Mantle and Other Altcoins Lead Gains
Mantle (MNT) was the top gainer, rising 9.94% to $1.62. Its trading volume reached $740.7 million. Bittensor (TAO) also performed well, increasing 4.92% to $357.38.
- Sky (SKY) climbed 2.97% to $0.07411
- Dogecoin (DOGE) rose 2.57% to $0.2487, with $3.73 billion in volume
- Pendle (PENDLE) gained 2.37% to $4.97 on $113 million volume
Top Losers and Market Trends
Four (FORM) was the biggest loser, dropping 15.73% to $2.56. Worldcoin (WLD) fell 10.86% to $1.67, with nearly $1 billion in trading volume.
- Pyth Network (PYTH) declined 7.50% to $0.1706
- XDC Network (XDC) dropped 7.28% to $0.0737
- MYX Finance (MYX) lost 6.09%, trading at $16.25
Market Overview and Investor Sentiment
The Altcoin Season Index rose to 67 out of 100, indicating altcoins are outperforming Bitcoin. The Fear and Greed Index stood neutral at 47, showing balanced market sentiment.
Bitcoin holds 57.4% of the market share, followed by Ethereum at 13.5%. Other altcoins make up 29.1% of the market.
Crypto ETFs saw inflows of $905.9 million on September 10. Perpetual contracts reached $962.88 billion in open interest, highlighting strong activity in derivatives markets.
The gains in Mantle and Dogecoin reflect growing investor interest beyond Bitcoin. ETF inflows and high trading volumes suggest confidence in the market’s near-term outlook.
