Bitcoin and Dogecoin Remain Steady While Ethereum and XRP Decline

Written by Emily J. Thompson, Senior Investment Analyst

Source: Benzinga

Updated: Aug 28 2025

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Should l Buy ?

Source: Benzinga

Market Overview: Cryptocurrency markets are currently trading sideways as investors await new inflation data, with Bitcoin priced at $112,688.81 and Ethereum at $4,490.69.
Liquidation and Inflows: In the last 24 hours, 99,861 traders were liquidated for a total of $295.92 million, while Bitcoin ETFs saw net inflows of $81.3 million and Ethereum ETFs had $309.5 million.
Notable Developments: Reports highlight the fragility of Bitcoin and Ethereum's recent highs, with predictions about Ethereum potentially flipping Bitcoin and advancements in blockchain technology from startups like OpenServ.
Trader Insights: Analysts suggest Bitcoin could target $119,000, but caution that upcoming options expirations and economic data may lead to increased volatility in the market.

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About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

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