On September 1, 2025, the cryptocurrency market faced a rather pessimistic start. As the market leader, Bit ( BTC ) is currently hovering around $107,000, and market analysts predict that it may dip further to the $100,000 mark. This trend has raised concerns among investors, as many were hoping that September would continue the previous upward momentum.

At the same time, XRP( has also suffered a heavy blow, with its price falling below the support level of $2.80. Technical indicators suggest that XRP may have entered an oversold zone, which typically indicates a potential short-term rebound. However, the current market sentiment is generally pessimistic, which may suppress any significant price recovery.

Among the major cryptocurrencies, Dogecoin ) DOGE ( has shown particularly weak performance, leading the market downturn. This situation is often seen as a signal of declining risk appetite, as DOGE is generally considered a highly speculative asset.

Despite the market experiencing a dip, it is important to remember that the volatility of the cryptocurrency market has always been high. Whether the current dip indicates a change in the long-term trend or is merely a temporary adjustment in the rising process remains to be seen. Investors should remain calm, closely monitor market movements, and make decisions based on their risk tolerance and investment strategies.

As September unfolds, market participants will closely monitor various macroeconomic factors and industry-specific events that could significantly impact cryptocurrency prices. Regardless, it is always wise to remain rational and cautious.