Crypto Market Update: Bitcoin Climbs Back to US$113K Ahead of US Job Report

Here's a quick recap of the crypto landscape for Friday (September 5) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. ​Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$112,668, a 1.8 percent increase in 24 hours. Its lowest valuation of the day was US$109,399, and its highest was US$112,965. Chart via TradingViewBitcoin price performance, September 5, 2025.Ether (ETH) was priced at US$4,432.69, up by 1.2 percent over the past 24 hours. Its lowest valuation on Friday was US$4,269.81 and its highest was US$4,447.28. Altcoin price update Solana (SOL) was priced at US$207.32, trading flat over 24 hours. Its lowest valuation on Friday was US$201.33, and its highest level was US$208.25.XRP was trading for US$2.86, up by 0.9 percent in the past 24 hours. Its lowest valuation of the day was US$2.78, and its highest price was US$2.87.SUI (Sui) was trading for US$3.41, up by 3.2 percent in the past 24 hours, its highest valuation of the day. Its lowest for the day was US$3.24.Cardano (ADA) was priced at US$0.8412, up by 3.3 percent. Its lowest valuation for Friday was US$0.8043, and its highest point was US$0.8426. ​Today's crypto news to know Bitcoin reclaims US$113K spot ahead of US jobs reportBitcoin surged to US$113,000 on Friday (September 5), its strongest level since late August and a sign of renewed momentum ahead of the US jobs report. The rally also pushed BTC dominance to nearly 59 percent, the highest in two weeks, suggesting capital is flowing back into bitcoin after weeks of rotation into ether. Analysts pointed to the “max pain” effect as a possible driver, with US$3.28 billion in BTC options expiring around a strike price of US$112,000. The theory suggests option sellers, often institutions, steer prices toward the level where most option buyers lose money. On this occasion, bitcoin’s price movement matched the theory almost exactly, a rare alignment in crypto markets. Still, traders remain split on whether max pain has predictive power in digital assets. All eyes now turn to the US jobs report, which could set the tone for Bitcoin's next major move.Fireblocks launches payments network for stablecoin transactionsDigital asset infrastructure firm Fireblocks has rolled out a new network designed specifically for stablecoin transfers among banks, payment providers, and crypto institutions.The Fireblocks Network for Payments supports cross-border treasury flows, corporate payouts, remittances, and merchant settlements through a single API. More than 40 partners, including Circle, Paxos, and Swiss bank Sygnum, are already live on the platform. What sets the service apart is its built-in compliance layer, handling AML, sanctions, and travel-rule requirements across all transactions. Fireblocks also has integrated its own verification tools alongside partnerships with firms like Notabene, Elliptic, and Chainalysis to ensure adherence to regulatory standards. Gemini expands EU presence with staking and perpetual futuresCrypto exchange Gemini has broadened its European services with new staking and derivatives products under the region’s MiCA regulatory framework. Customers can now stake Ether and Solana directly through Gemini, with ETH rewards varying and SOL yields offered at up to 6 percent. In addition, the exchange launched Gemini Perpetuals, a futures product denominated in USDC that offers up to 100x leverage without expiration. The new services also operate under the firm’s MiFID II license as the exchange seeks further compliance with clearer rules for crypto assets. Gemini recently moved its European base of operations to Malta to align with MiCA requirements. The company said the expansion reflects Europe’s importance as a growth market for regulated digital asset products. Don't forget to follow us @INN_Technology for real-time news updates!Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.