Crypto Market Pulse – 29th August 2025: Bitcoin Slips Below $110K, Altcoins Face Heat
By CapitalKeeper | Crypto Market Pulse | Crypto capital | Market Moves That Matter
Crypto Market Pulse – 29th August 2025: Bitcoin Slips Below $110K, Altcoins Face Heat
On 29th August 2025, Bitcoin slipped to $109,748, dragging major altcoins like Ethereum and XRP lower, while stablecoins maintained parity. Explore detailed analysis, market sentiment, and sector trends in today’s Crypto Market Pulse.
Introduction
The cryptocurrency market on 29th August 2025 witnessed a broad correction, reflecting the global risk-off sentiment as investors turned cautious ahead of key macroeconomic triggers. According to data from CoinMarketCap, the total crypto market cap fell by 2.87%, settling at $3.81 trillion, while the CMC100 index dropped 3.45%.
The Altcoin Index stood at 55/100, signaling neutral performance compared to Bitcoin, while the Fear & Greed Index dropped to 47, indicating cautious investor behavior leaning towards “fear.”
Let’s dive into today’s Crypto Market Pulse with an in-depth look at Bitcoin, major altcoins, stablecoins, and overall sector dynamics.
Bitcoin (BTC) – Testing Crucial Support Below $110K
- Price: $109,748.93
- Market Cap: $2.19T
- 24h Change: ▼ 2.83%
Bitcoin led today’s market downturn, falling below the psychological $110K mark. The decline of nearly 3% reflects profit-booking pressure after BTC’s recent attempts to consolidate above $112K–$115K resistance zones.
Technically, Bitcoin is hovering near its 50-day moving average, which makes $108K–$110K a critical short-term support range. A breakdown here could invite further selling pressure toward $105K levels, while sustained recovery above $112K may reignite bullish sentiment.
From a macro perspective, investors are awaiting US inflation data and Federal Reserve commentary, both of which will heavily influence risk assets, including Bitcoin. Despite the correction, BTC dominance remains intact, suggesting that long-term holders are still accumulating on dips.
Ethereum (ETH) – Struggling Below $4,400
- Price: $4,349.11
- Market Cap: $528.16B
- 24h Change: ▼ 5.25%
Ethereum witnessed one of the sharpest declines among the top assets, losing over 5% in 24 hours. The drop below $4,400 highlights weak short-term sentiment, with bears targeting the $4,200–$4,250 support zone.
ETH underperformed compared to BTC, largely due to rising concerns around network congestion and gas fees, despite upcoming Ethereum scaling upgrades. The ongoing competition from Solana (SOL) and other L1 chains continues to weigh on Ethereum’s near-term dominance.
On-chain data shows a minor increase in ETH transfers to exchanges, signaling potential sell-offs. However, staking demand under the Proof-of-Stake consensus continues to provide a strong long-term floor for Ethereum prices.
XRP – Heavy Sell-off Below $3
- Price: $2.85
- Market Cap: $170.65B
- 24h Change: ▼ 5.20%
XRP slipped below the $3 mark, shedding over 5% in the past 24 hours. This decline comes despite recent optimism around regulatory clarity in the US, which had earlier fueled strong rallies.
The immediate concern for XRP holders is the breach of the $2.90–$3.00 support zone, with the next downside target likely around $2.70. On the flip side, any bounce above $3.10 could help restore short-term stability.
Fundamentally, XRP’s adoption for cross-border payments and its positioning within central bank digital currency (CBDC) pilots remain key long-term growth drivers. Short-term traders, however, are reacting to broader market weakness.
Stablecoins – Anchor Amid Volatility
Tether (USDT)
- Price: $1.00
- Market Cap: $167.41B
- 24h Change: ▼ 0.02%
USD Coin (USDC)
- Price: $0.9998
- Market Cap: $70.65B
- 24h Change: ▼ 0.03%
Stablecoins remained resilient, holding their peg to the US dollar. USDT and USDC continue to act as safe havens amid volatility, with their combined market capitalization nearing $238B.
The stability in these assets reflects strong institutional and retail reliance on stablecoins as a liquidity buffer during market sell-offs.
BNB – Sliding Toward $850
- Price: $859.32
- Market Cap: $119.86B
- 24h Change: ▼ 2.16%
BNB, the native token of Binance, fell over 2%, trading just above $850. The coin continues to consolidate in a broader range between $850–$900.
Recent developments around Binance ecosystem expansion, including new DeFi integrations, have provided some support. However, legal and regulatory challenges globally remain an overhang for the token’s sustained upside momentum.
Solana (SOL) – Losing Grip Above $210
- Price: $210.60
- Market Cap: $114.37B
- 24h Change: ▼ 2.28%
Solana, often touted as Ethereum’s strongest competitor, slipped 2.28% but managed to hold above the $210 support zone.
While Solana’s transaction speed and low fees continue to attract developer activity, occasional network outages remain a major investor concern. A failure to hold $205–$210 may push SOL toward $195 levels, whereas recovery above $220 would reinstate bullish sentiment.
Dogecoin (DOGE) – Meme Coin Volatility Returns
- Price: $0.2159
- Market Cap: $32.71B
- 24h Change: ▼ 3.72%
Dogecoin saw a 3.7% decline, with volatility making a comeback in the meme coin space. Despite high social media engagement, DOGE struggles to maintain consistent adoption use-cases beyond peer-to-peer payments and tipping ecosystems.
Investors are eyeing whether DOGE can sustain above $0.20, which remains a psychological support level. Breach below this could trigger a sharp correction toward $0.18–$0.19 zones.
Global Crypto Market Sentiment
- Total Market Cap: $3.81 Trillion ▼ 2.87%
- CMC100 Index: ▼ 3.45%
- Altcoin Index: 55/100
- Fear & Greed Index: 47 (Neutral to Fear)
The overall sentiment is neutral-to-bearish, with risk-off positioning dominating across major tokens. Stablecoins are witnessing inflows, while altcoins lag behind Bitcoin, reflecting cautious investor appetite.
Institutional flows appear muted, with derivatives data showing reduced open interest in Bitcoin and Ethereum futures, signaling traders are hedging against further downside risk.
Conclusion
The crypto market on 29th August 2025 reflects a correction-driven consolidation phase. While Bitcoin slipped below $110K and Ethereum struggled under $4,400, stablecoins like USDT and USDC demonstrated resilience, serving as safe havens amid volatility.
Altcoins including XRP, BNB, SOL, and DOGE faced pressure, suggesting retail investors remain cautious. The Fear & Greed Index at 47 highlights a sentiment that is neither panic-driven nor greed-fueled, implying that traders are waiting for the next macro or on-chain trigger before making aggressive moves.
As we step into September, all eyes will be on global economic cues and network-specific updates that may drive the next leg of momentum in the crypto space.
📌 For daily trade setups, technical learning, and smart investing tips, stay tuned to CapitalKeeper.in
📌 For more real-time updates, trade setups, and investment insights — follow us on [Telegram] and [WhatsApp Channel] subscribe to our newsletter!
Subscribe Now , Join Telegram the Crypto Capital Club, Get Free Crypto Updates
📌 Disclaimer
The content provided on CapitalKeeper.in is for informational and educational purposes only and does not constitute investment, trading, or financial advice. While we strive to present accurate and up-to-date market data and analysis, we make no warranties or representations regarding the completeness, reliability, or accuracy of the information.
Stock market investments are subject to market risks, and readers/investors are advised to conduct their own due diligence or consult a SEBI-registered financial advisor before making any investment decisions. CapitalKeeper and its authors are not liable for any loss or damage, direct or indirect, arising from the use of this information.
All views and opinions expressed are personal and do not reflect the official policy or position of any agency or organization. Past performance is not indicative of future results.By using this website, you agree to the terms of this disclaimer.
Ranjit Sahoo
Founder & Chief Editor – CapitalKeeper.in
Ranjit Sahoo is the visionary behind CapitalKeeper.in, a leading platform for real-time market insights, technical analysis, and investment strategies. With a strong focus on Nifty, Bank Nifty, sector trends, and commodities, she delivers in-depth research that helps traders and investors make informed decisions.
Passionate about financial literacy, Ranjit blends technical precision with market storytelling, ensuring even complex concepts are accessible to readers of all levels. Her work covers pre-market analysis, intraday strategies, thematic investing, and long-term portfolio trends.
When he’s not decoding charts, Ranjit enjoys exploring coastal getaways and keeping an eye on emerging business themes.
📌 Follow Ranjit on:
LinkedIn | Twitter/X | Instagram | ✉️ contact@capitalkeeper.in
Leave a Reply