Live: BTC Slips Below $112K, ETH Weakens, and Other Crypto Market News on Sept. 10

Updated on Sep 10, 2025 at 2:45 pm UTC by · 1 min read

What is happening in the crypto market today, on Sept. 10? Explore the latest updates.

The crypto market shed $60 billion in value within just two hours after the release of revised US employment figures that reflect a significantly weaker labor situation than previously expected. Let’s take a closer look at the latest developments in the crypto industry.
Hamza Tariq

Binance.US has cut trading fees on over 20 major crypto pairs, including BTC, ETH, SOL, BNB, and ADA, expanding its “Tier 0” model to offer 0% maker and 0.01% taker fees.

The move aims to boost trading volume, which has remained low since regulatory challenges and the SEC lawsuit in 2023, despite USD deposits and withdrawals being restored earlier this year.

Operational hurdles persist, with the exchange still unavailable in key states like New York, Georgia, and Texas, and limited services in others, leaving uncertainty over whether a full Binance US relaunch can succeed.

Hamza Tariq

POL, the native token of the Polygon blockchain, dropped 4% after a node bug disrupted RPC services and delayed consensus finality, causing daily trading volume to fall 17%.

The outage, the first major issue since July’s Heimdall v2 upgrade, forced validators and RPC providers to resynchronize, though many nodes have since been restarted and stabilized.

Despite the setback, the POL price remains in a broader uptrend, trading in ascending channels with higher highs and higher lows, and analysts point to potential gains toward $0.32-$0.33 from current levels.

Hamza Tariq

Asian Bitcoin leader Metaplanet has closed its international share offering, raising $1.4 billion by issuing 385 million shares, up from the originally planned 180 million.

The proceeds will be used to expand its Bitcoin holdings and support income-generating strategies such as options trading and derivatives.

The move positions Metaplanet to scale its BTC acquisitions in September and October, bringing it closer to its 2025 target, while cementing its status as one of Asia’s top corporate Bitcoin holders.

Hamza Tariq

Galaxy Digital has withdrawn $40 million worth of SOL from Binance and Coinbase, signaling strong confidence in Solana’s growth.

The move comes as Solana’s DeFi ecosystem hits record highs, with total value locked (TVL) reaching $12.35 billion and Jupiter Lend quickly amassing $600 million TVL.

Alongside institutional backing, including a $1.65 billion PIPE financing for Forward Industries, Solana’s network strength and rising adoption suggest SOL could be poised for further gains, trading near key resistance levels around $225-$230.

Hamza Tariq

According to a report by Reuters, India is holding off on comprehensive crypto regulations, citing concerns that legitimizing the sector could pose systemic risks.

While peer-to-peer and decentralized trades remain hard to control, the government continues partial oversight through taxes and anti-money laundering rules.

Meanwhile, neighboring countries like Singapore, Pakistan, Kazakhstan, and Thailand are moving forward with crypto-friendly policies and clear frameworks.

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