Bitcoin Dips Below $113K as Ethereum and XRP Pull Back
Bitcoin falls 0.5% to $113K, Ethereum steady at $4.3K, XRP slides 1.55%. Solana drops 1.7% on lower volume amid volatile market conditions, August 22, 2025.
Bitcoin Slides Under $113K as Ethereum Holds Steady — August 22, 2025, 9:15 AM IST
The crypto market opens Friday with Bitcoin dipping, while Ethereum holds gains and other major altcoins pull back:
- Bitcoin (BTC) dips 0.5% to US$113,000 on volume of US$687.74M (+6.74%). The funding rate remains neutral at 0%, signaling balanced futures positions despite price softness.
- Ethereum (ETH) remains firm at US$4,300 with a slight gain of 0.37%, though volume declines sharply by 32.88% to US$561.69M. The funding rate continues low at 0.02%, indicating limited speculative excess.
- Solana (SOL) drops 1.71% to US$182.83 while seeing volume rise 3.74% to US$222.74M. Funding holds steady at 0.55%, pointing to ongoing speculative activity.
- XRP retreats 1.55% to US$2.874 with volume pulling back 29.31% to US$191.28M. Its funding rate remains at 0.35%, reinforcing a cautious trading stance.
Overall, the market reflects cautious sentiment ahead of the weekend, with moderate declines and mixed volume trends as traders weigh unfolding domestic and global macroeconomic signals.
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