Ethereum Slips as Anticipation Builds Ahead of Options Expiry, Bitcoin Hovers Above $112,000

Aug 28, 2025 - 10:00
Ethereum Slips as Anticipation Builds Ahead of Options Expiry, Bitcoin Hovers Above $112,000
The crypto market steadied Thursday, with Bitcoin trading at $112,928 after a 1.2% rise, while Ethereum slipped 1.3 percent to $4,570 ahead of a $5 billion options expiry due Friday. Altcoins such as Solana, BNB, Dogecoin, and XRP showed modest gains, reflecting cautious optimism. Analysts pointed to Ethereum ETF inflows and options activity as drivers of sentiment, while Bitcoin ETFs also reversed recent outflows. Macroeconomic data later today could further shape the direction of crypto markets