Bitcoin Dips Below $112,000 Amid Renewed Pressure, Ethereum Hovers Near $4,450

Aug 29, 2025 - 17:00
Bitcoin Dips Below $112,000 Amid Renewed Pressure, Ethereum Hovers Near $4,450
The crypto market faced fresh pressure on Friday as Bitcoin fell below $112,000 while Ethereum slipped 1.4 percent to $4,452. Altcoins like Solana and BNB gained modestly, while XRP, ADA, and Dogecoin stayed stable. Analysts pointed to rising institutional inflows into Ethereum ETFs and strong momentum for Solana. Meanwhile, the CFTC cleared offshore exchanges to serve US clients, a sign that regulation could tighten. Traders now eye Bitcoin reclaiming $113,000 and Ethereum’s push above $4,700.