Weekly Crypto Update: BTC Rebounds on Weak Jobs Data

The crypto market saw a volatile but upward trajectory during the week of September 1–7, 2025. Global market capitalization rose from $3.77T → $3.93T (+4%), reversing August’s slump as investors positioned for looser U.S. monetary policy. Let us now cover the price movements and key reasons in this weekly crypto update.

Bitcoin (BTC) opened the week near $108,253, dipping to $107,271 before rebounding sharply after the U.S. jobs report on September 6. Weak data (only 22,000 jobs added vs. 75,000 expected, unemployment at 4.3%, highest since 2021) boosted Fed rate cut bets, sending BTC above $113,400 before closing around $110,194–$112,000 (+3–4%).

Ethereum (ETH) tracked similar movements, starting at $4,314, briefly dipping to $4,221, then stabilizing in the $4,400–$4,500 range (+1–2% weekly). Altcoins followed mixed patterns, though ETF flows showed divergence: spot ETH ETFs saw $952M outflows in 5 days, even as BTC reclaimed momentum.

Early-week weakness stemmed from August hangover effects, geopolitical tensions, and $453M in token unlocks, but Powell’s dovish policy backdrop plus the jobs report flipped sentiment bullish. Heading into September 11, CPI data is the next key catalyst.

Top Gainers 📈

$MYX (+193%)

• Listing on WLFI drove volume above $2B.
• Strong market demand boosted momentum.

$SOMI (+159%)

• Went live on Mainnet.
• Network adoption optimism pushed price higher.

$MEY (+114%)

• Launch of Final District drove hype.
• Users flocked to ecosystem.

$SAPIEN (+93%)

• Successful Cookie Fun campaign.
• Community buzz sustained momentum.

$PUMP (+48%)

• Rolled out Project Ascend.
• Speculative momentum fueled gains.

Top Losers 📉

$DOLO (–42%)

• Correction after 5x rally.
• Traders locked profits.

$CAMP (–32%)

• Circulating supply concerns at $3B FDV.
• Confidence weakened.

$CFG (–18%)

• No new fundamental updates.
• Lack of catalysts pressured price.

$DAG (–16%)

• Chart patterns showed sell pressure.
• Short-term traders exited.

$RPL (–14%)

• Staking narrative cooled.
• Profit-taking capped upside.

Market Highlights (TL;DR)

• Global crypto market cap rose 4% to $3.93T.
• BTC rebounded from $107K → $113K, closing around $111K.
• ETH steadied near $4,400–$4,500 with modest gains.
• U.S. jobs report (22K jobs added, unemployment 4.3%) boosted rate cut bets to 91.7%.
• BTC liquidations cleared, flipping sentiment bullish.
• Altcoins saw mixed flows, ETH ETFs logged $952M outflows.
• Token unlocks worth $453M pressured early-week trading.
• CPI data on Sept 11 is the next major catalyst.

Closing Thoughts

This weekly crypto update shows how quickly sentiment can shift. From weak early-week trading to a post-jobs-report surge, BTC and ETH closed higher, restoring optimism for September.

The spotlight now shifts to CPI data on Sept 11. A softer print could cement Fed rate cuts and propel BTC toward $120K–$125K, pushing global market cap beyond $4T. But a hotter reading risks pulling BTC back to $105K support. Traders should prepare for volatility, as macro signals remain the market’s key driver.