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Crypto markets ended August under pressure, with Bitcoin near US$108K and altcoins underperforming. AI jitters and tariff uncertainty set a cautious tone heading into September.
Solana stood out, climbing above US$200 as it led the rotation among alt coins. Bitcoin and Ethereum remained strong, supported by ongoing ETF demand, while the total crypto market held steady around US$3.9 trillion this week.
US Fed signals macro easing. Bitcoin remains rangebound as Ethereum hits record high on rising institutional demand.
Bitcoin’s rally cooled as crypto mirrored equities’ retreat. Ethereum eased after big gains, Solana hit resistance, XRP held support, and ETFs signalled profit-taking ahead of Jackson Hole.
ETF volumes hit record highs as Ripple’s case nears closure. Traders watch Bitcoin’s support at US$115K and Ethereum’s strength above US$4.5K.
Crypto markets hit new milestones this week, with Bitcoin surging to US$124,474 and total market cap breaking above US$4T for the first time.