Bitcoin Drops Below $109,000 As XRP Slides Below $3 And ETH, Dogecoin Wobble

Khyathi Dalal

August 29, 2025

Cryptocurrency markets are trading lower ahead of the holiday weekend.

Cryptocurrency	Ticker	Price
Bitcoin	(CRYPTO: BTC)	$108,506.34
Ethereum	(CRYPTO: ETH)	$4,350.55
Solana	(CRYPTO: SOL)	$203.15
XRP	(CRYPTO: XRP)	$2.82
Dogecoin	(CRYPTO: DOGE)	$0.2118
Shiba Inu	(CRYPTO: SHIB)	$0.00001204

Notable Statistics:

Coinglass data shows 144,840 traders were liquidated in the past 24 hours for $545.67 million.
SoSoValue data shows net inflows of $178.9 million into spot Bitcoin ETFs on Wednesday. Spot Ethereum ET'Fs saw net inflows of $39.2 million.
In the past 24 hours, top gainers include Pyth Network (CRYPTO: PYTH), Pump.fun (CRYPTO: PUMP) and Pi (CRYPTO: PI)

Notable Developments:

Everything Blockchain Inc. Joins Flare’s XRPFi Standard For Treasury Yield
Raoul Pal Says Crypto Market Is ‘Ready For Launch’ After ‘Waiting In The Room,’ But Asks For Patience
Kevin O’Leary Says Gen Zs Invest in Bitcoin, Ethereum Alongside Stocks, A Chance He Never Had Early in His Investment Journey
Bitcoin Is The Best Way To Store Wealth For The Future, Jack Mallers Says
Solana Outgains Bitcoin, Ethereum After DeFi Development Bags $77 Million In SOL For Corporate Reserves
Eric Trump Says ‘There Is No Question’ Bitcoin Will Hit $1 Million

Trader Notes: Crypto trader Moustache aka El Crypto Prof pointed out that Bitcoin is currently testing its most important two-year trendline, a support level that has guided the entire cycle.

#Bitcoin $BTC is now touching the most important trendline, which has been in place for two years.👀 pic.twitter.com/03D0yw97Y9
—

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