Market Update: Crypto Market Trends | August 30, 2025
- According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.77T, down by 0.63% over the last 24 hours. - Bitcoin (BTC) has been trading between $107,350 and $111,517 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $108,534, down by 1.11%. - Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SKL, RED, and MITO, up by 33%, 24%, and 21%, respectively.
As Predicted: A reversal might happen in the weekend, now see the reversal price pump crazy upside" ✅ 💯 , more continuation upside move towards marked resistance zone is expected in it.
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Bitcoin hunted the liquidation above prior highs and also broke down the trendline. Right now, more downside toward the marked demand zone is expected. Next target for BTC is $112 K if that breaks, watch the $110K area closely.
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Ethereum is currently trading in the higher ranges and showing signs of an internal shift. A retest and short-term retracement are likely here. Best move is to let it cool down before the next bullish leg.
- Price is showing a Rising wedge pattern. - Breakdown already down. - Currently, Price is showing a free fall. - The area of 57.37% & 55.26% are local support area where it can bounce. - All these patterns Shows altcoin has still more room to grown. - Once BTC price gets stable we will see a strong bounce in altcoins.