Cryptocurrency News September 9: Bitcoin approaches $79,000, BUN token surges 243K%

Top 15 of Today's Cryptocurrency News: Bitcoin, Kalshi, Aptos and Crypto Tax Updates

On September 9, 2026, the global market value of cryptocurrencies rose 0.9% to US$2.78 trillion. Bitcoin and Ethereum rose modestly, while the Fear and Greed Index cooled slightly to 66.

Today's cryptocurrency market dynamics: Prices, Trading Volumes and Trends

According to data recorded by CoinGecko at 4:30 am UTC time on September 9, 2026, the total market value of global cryptocurrencies is US$2.78 trillion, up 0.9% in 24 hours. Total transaction volume was US$91.4 billion. Bitcoin (BTC)'s dominance in the industry remains strong, accounting for 56.9%, while Ethereum (ETH) accounts for 11%. The best performing sectors over the past day were tokenized assets and real-world assets (RWA) cryptocurrencies.

Bitcoin (BTC) and Ethereum (ETH) price analysis

(Note: BTC and ETH have historically been considered to be less volatile, but still present risks. The data comes from Official CoinGecko Data, at 4:30 a.m. UTC on September 9, 2026)

Today's Bitcoin (BTC) price was US$78,893.77, up 0.1% in the past 24 hours. Its trading volume is approximately US$37.2 billion and its market value is approximately US$1.58 trillion.

Today's Ethereum (ETH) price was US$2,494.74, up 0.5% in the past 24 hours. Ethereum's transaction volume is approximately US$11.78 billion and its market value is close to US$304.5 billion.

Popular cryptocurrency price trend in 24 hours

Several popular assets have also experienced significant fluctuations in the past 24 hours.

• Venice Token (VVV): US$25.63, down 0.2%, trading volume (TV) was US$233.47 million.
• Pons (PONS):$0.7789, up 11.5%, and trading volume (TV) was $151.3 million.
• Zcash (ZEC): US$1,201.42, up 6.4%, and trading volume (TV) was US$980.36 million.
• STONK (STONK): US$0.1653, up 10.9%, and trading volume (TV) was US$69.42 million.
• Lighter (LIT):$5.08, up 9.7%, and trading volume (TV) was $116.45 million.

Zcash's price performance stood out because its trading volume was much higher than other listed hot tokens, while Pons recorded the largest 24-hour percentage gain.

The top three cryptocurrencies with increases in 24 hours (ranked by 24-hour percentage increase):

• SmolBun Price (BUN): 0.01658, soaring 243,540%, with trading activity at US$1.09 million.
• Greenhood Price of the Day (HOOD): US$0.09856, climbing 923.3%, with trading activity of US$412.66 million.
• ZZZ Today's Price (ZZZ): US$0.05072, a jump of 181.3%, trading activity of US$26 million.

BUN recorded the largest percentage increase among listed assets, rising more than 243,000%. However, such a large percentage increase should be considered in conjunction with market value, liquidity and trading volume, as smaller or less liquid tokens may experience abnormally large price fluctuations.

The top three cryptocurrencies with declines in 24 hours (ranked by 24-hour percentage decline):

• MUSHROOM Price (SHROOM): US$0.01705, down 43.3%, with transaction volume nearly US$6.5 million.
• Anoma Price (XAN): US$0.01203, down 43.2%, with trading activity close to US$27.26 million.
• A Meme Coin Price (AMC): US$0.07927, down 33.5%, with trading activity of approximately US$29.37 million.

MUSHROOM fell the most among the listed tokens, falling more than 43%, followed closely by Anoma. The contrast between these falling tokens and the huge increase in BUN shows how quickly liquidity and sentiment can shift in smaller cryptocurrency markets.

stablecoins and decentralized finance (DeFi) market update

(based on CoinGecko data at 4:30 am UTC on September 9, 2026)

Broader market weakness has not affected stablecoins and decentralized finance to the same extent.

The market value of stablecoins reached US$291.3 billion, up 0.1% in 24 hours. The trading volume of stablecoins was approximately US$76.11 billion.

The decentralized finance (DeFi) market, which refers to blockchain-based financial applications such as decentralized exchanges and lending agreements, fell 0.1% in market value to US$78.2 billion. DeFi transaction volume reached approximately US$10.4 billion, with the sector's global dominance of 2.8%.

Today's Cryptocurrency Fear and Greed Index

Source: Alternative Me

On September 9, 2026, the Cryptocurrency Fear and Greed Index is 66, indicating that it is in a "greedy" state. That was lower than the previous day's 69, but higher than the 63 level recorded a week ago. However, the current reading is still significantly higher than last month's 30, which showed a "fear" level.

The one-day decline suggests that market optimism has cooled slightly with recent price movements. However, emotions remain firmly in the "greedy" zone, well above the neutral midpoint.

Today's major cryptocurrency market events

Source: Forex Factory

Today's Top Cryptocurrency News

In addition to market prices, some developments may affect cryptocurrency sentiment, regulation, infrastructure and institutional activity.

1. Armstrong vs Tenev: Alliance co-founder Imran Khan said Coinbase's Brian Armstrong and Robinhood's Vlad Tenev are pursuing different cryptocurrency routes-infrastructure and retail transactions, each leading millions of new users onto the chain.
2. Aptos testnet reset: Aptos will reset its testnet on October 7, clearing contracts and balances after 10 billion transactions. The mainnet and developer net are not affected; developers must redeploy contracts.
3. Bithumb marks HEMI: South Korea's Bithumb issued an investment warning to HEMI, suspending deposits after a smart contract vulnerability caused the outflow of tokens. The results of the review are expected to be announced in early October.
4. Capital B buys Bitcoin: Capital B in Europe raised 30 million euros and acquired 376 more bitcoins, increasing its position to 3,521 bitcoins. The company reported a year-to-date yield of 2.17%.
5. Gemini Singapore License: Gemini's Singapore subsidiary has received a Major Payment Institution License from MAS, verifying its regulatory advancement in providing local spot trading, custody and over-the-counter trading services.
6. Kalshi's commodities surge: Kalshi's commodities market exceeded US$400 million in monthly trading volume in seven months, four times the rate of cryptocurrency launches, covering oil, natural gas and metals.
7. DMCC Tokenized Silver: Dubai DMCC tokenized the world's largest silver bar-a Guinness Book of Records weighing 1,971 kilograms-and launched it to investors as a fragmented asset on BNB Chain.
8. Cryptocurrency payments in Russia : Russia Presidential adviser Boris Titov said that with continued Western sanctions, cryptocurrencies remain crucial for cross-border settlements and predicts that demand will continue in the coming years.
9. Polkadot's dotUSD proposal: The Polkadot community proposed a native stablecoin, dotUSD, initially backed by the USDT and subsequently used DOT as collateral to seek treasury funds for liquidity, and the governance vote continues.
10. Tether search engine: Tether CEO Paolo Ardoino revealed the progress of a censory-resistant point-to-point search engine that currently stores Wikipedia archives on 100 distributed nodes and searches quickly.
11. Silvergate run: Former Silvergate CEO Alan Lane said the bank survived a massive run in 2022 without help from the Federal Reserve and blamed regulatory pressure for its eventual closure in 2023.
12. Witkoff's cryptocurrency windfall: Trump's envoy Steve Witkoff reported revenue of $107 million in 2025, partly related to World Liberty Financial, raising concerns about conflicts of interest given its diplomatic role.
13. Hunter Biden's LAPTOP token: Hunter Biden has launched a memin, LAPTOP, packaging its past scandals as resilience, while criticizing Trump's token for causing investors to lose billions of dollars.
14. German cryptocurrency tax reform: Germany plans to end its policy of duty-free holding of cryptocurrencies after 2026, tax gains, pledges and loans as capital income from January 2027, and plans to implement automatic withholding taxes by 2028.
15. Velodrome-Aerodrome integration: Velodrome will integrate with Aerodrome before the launch of the Aero token. VELO trading will end this week at Binance, and the audit competition will end on September 21.

Comparative insight: What has changed today?

September 9 showed a market reversal compared to the September 8 cryptocurrency update; global market value rose 0.9%, compared with a 1.1% decline the day before. BTC and ETH turned moderately positive after slight losses, while the Fear and Greed Index cooled from 69 to 66. Small-cap tokens such as BUN and HOOD continue to experience extreme volatility, highlighting the continued volatility of altcoins despite improved market sentiment.

What do today's changes in the cryptocurrency market mean?

The September 9 update reflects a state in which the market remains stable rather than surging. Global market value increased by 0.9%, Bitcoin and Ethereum recorded moderate gains, and the Fear and Greed Index dropped slightly from 69 to 66, but remained firmly in the greedy area.

The key difference is between the stability of the market and the volatility of the altcoin-BTC and ETH moved slightly, while tokens like BUN and HOOD experienced extreme percentage fluctuations. The stablecoin and DeFi markets remained basically unchanged.

For readers, trading volume, liquidity and sentiment trends are more important than headline percentage numbers, especially when evaluating smaller, less liquid tokens that show unusually drastic price action.

CoinGabbar's market view

The September 9 cryptocurrency market update sends a signal of cautious optimism rather than aggressive risk-taking. Moderate gains in Bitcoin and Ethereum, coupled with a fear and greed reading of 66, suggest sentiment remains positive but not overheated.

Large-market positions continue to provide relatively stable exposure, while extreme movements of low-cap tokens like BUN and HOOD carry high risks due to weak liquidity and trading volume.

Investors should be cautious about large percentage gains in micro-assets, as these movements tend to reverse quickly. For daily readers, monitoring Bitcoin dominance, DeFi stability and stablecoin flows is a more reliable way to judge market health than chasing volatile altcoin spikes.

Disclaimer : This article is for reference and educational purposes only and should not be regarded as financial or investment advice. The cryptocurrency market is highly volatile, and individual digital assets may experience large price fluctuations or losses. Readers should conduct their own research (DYOR) and consult a qualified finance professional before making financial decisions. The availability of cryptocurrency services and assets may vary from jurisdiction to jurisdiction.