---
title: "Bitcoin, Ethereum, Dogecoin Fall; XRP Gains Ahead of Key Inflation Data: Analyst Notes 'Another Strong Bullish Signal' for BTC"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298395855.md"
description: "Cryptocurrencies fell on September 8 as traders awaited key US inflation data to gauge Federal Reserve interest rate policy. Bitcoin dropped below $78,000 with increased selling pressure and liquidations, while XRP gained slightly. Despite the decline, analyst Ali Martinez identified Bitcoin reclaiming its 'Warm Supply Realized Price' as a strong bullish signal, citing historical precedents for significant rallies following similar metrics."
datetime: "2026-09-09T02:26:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298395855.md)
  - [en](https://longbridge.com/en/news/298395855.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298395855.md)
generator: "portal-rs"
---

# Bitcoin, Ethereum, Dogecoin Fall; XRP Gains Ahead of Key Inflation Data: Analyst Notes 'Another Strong Bullish Signal' for BTC

Leading cryptocurrencies fell on Tuesday as traders awaited key inflation data for clues on the Federal Reserve’s interest rate policy.

| **Cryptocurrency**                   | **24-Hour Gains +/-** | **Price (Recorded at 9:24 p.m. EDT)** |
| ------------------------------------ | --------------------- | ------------------------------------- |
| **Bitcoin** (CRYPTO: BTC)            | -0.93%                | $78,664.62                            |
| **Ethereum** (CRYPTO: ETH)           | -0.48%                | $2,490.21                             |
| **XRP** (CRYPTO: XRP)                | +0.71%                | $1.41                                 |
| **Solana** (CRYPTO: SOL)             | -0.68%                | $103.43                               |
| **Dogecoin** (CRYPTO: DOGE)          | -1.33%                | $0.08997                              |

## **Crypto Market Sees Selling Pressure**

**Bitcoin** slid below $78,000 as trading volume jumped nearly 50% in the last 24 hours. **Ethereum**‘s advance stalled at $2,500, while **Dogecoin** fell sharply following Monday’s jump.

Cryptocurrency-related stocks also fell, with **Strategy Inc.** (NASDAQ:MSTR) and **Bitmine Immersion Technologies Inc.** (NYSE:BMNR) closing down 4.40% and 0.80%, respectively. Strategy made no Bitcoin purchases last week

More than $250 million was liquidated in the cryptocurrency market over the past 24 hours, including $163 million in long positions, according to Coinglass data.

Bitcoin’s open interest rose 0.70% in the last 24 hours to $53.45 billion. A rise in open interest combined with a falling spot price typically signals a short buildup, meaning new sellers are actively entering the market.

Market sentiment leaned toward “Greed,” according to the Crypto Fear & Greed Index.

**Top Gainers (24 Hours)** 

**Cryptocurrency (Market Cap>$100 M)**

**Gains +/-**

**Price (Recorded at 9:24 p.m. EDT)**

**Venice Token** (VVV)      

+30.44%

    $24.48

**Useless Coin** (USELESS)    

+28.01%

    $0.2908

**Falcon Finance** (FF)          

+22.65%

    $0.1477

The global cryptocurrency market capitalization stands at $2.70 trillion after declining 0.36% over the past 24 hours.

 **Read Also: Strategy's 'We're Back' Bitcoin Buy Was a One-Week Thing: What's Going On?** 

## **Stocks** Cool Down

Stocks started the holiday-shortened week in the red. The **Dow Jones Industrial Average** fell 628.18 points, or 1.18%, to close at 52,786.07. The **S&P 500** declined 0.58% to end at 7,673.52,while the tech-focused **Nasdaq Composite** closed 0.32% lower at 26,421.41.

Key inflation data is due this week, with the producer price index out Thursday and the consumer price index on Friday.

Traders are currently pricing in a 59% chance of a rate cut at next week’s Federal Reserve policy meeting, according to the CME FedWatch tool.

## ‘Strong Bullish Signal’

**Ali Martinez**, a widely followed cryptocurrency analyst and trader, said Bitcoin has reclaimed its “Warm Supply Realized Price,” interpreting it as a “strong bullish signal.”

The metric tracks the average acquisition price of Bitcoin that changed hands between a week and six months ago.

Martinez highlighted that the four prior major reclaims of this level preceded strong rallies, including 74% in October 2024 and 159% in October 2023.

> Bitcoin just reclaimed its Warm Supply Realized Price.  
>   
> This metric tracks the average cost basis of BTC that last moved between 1 week and 6 months ago.  
>   
> The last four major reclaims were followed by rallies of:  
>   
> • Jan 2023: +69%  
> • Oct 2023: +159%  
> • Oct 2024: +74%  
> • Apr… pic.twitter.com/GRhAMsbTq4
> 
> — Ali Charts (@alicharts) September 8, 2026

On-chain analytics firm CryptoQuant noted that the Market Value to Realized Value indicator remains below Bitcoin’s 365-day moving average—a level that has historically marked a transition from “repair to expansion.”

CryptoQuant said reclaiming and holding the 365-day moving average remains a bull case, while a rejection at this level would signal weak aggregate profitability, keeping BTC in repair mode.

> MVRV Is Approaching a Regime Test — Not a Bull Signal Yet  
>   
> "✅ Bull case: reclaim and hold the 365DMA.  
> 🚨 Risk: rejection keeps MVRV in a repair regime.  
> ❌ Invalidation: a renewed move toward zero would argue the reset is still incomplete." – By @MorenoDV\_ pic.twitter.com/nfbqwYu75q
> 
> — CryptoQuant.com (@cryptoquant\_com) September 8, 2026

 **Read Also: Bitcoin Crashing 50% in Two Years Due to AI Threats? Ethereum Founder Vitalik Buterin Disagrees and Here's Why** 

*Photo Courtesy: Sodel Vladyslav on Shutterstock.com*

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## Related News & Research

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**