Why Is Crypto Up Today? – August 28, 2025

The crypto market is up today, with about a dozen of the top 100 coins seeing their prices increase over the past 24 hours. Overall, the cryptocurrency market capitalization has increased by 1.5%, now standing at $3.99 trillion, just below the $4 trillion ￰0￱ the same time, the total crypto trading volume is at $149 billion. TLDR: The majority of the top 100 coins are up today; 9 of the top 10 coins are green, with SOL at the top; The rally has slowed down compared to yesterday; ’We are in the later stages of the current bullish trend’; BTC and ETH appreciated 2.2% and 0.2%, trading at $113,127 and $4,571, respectively; BTC hitting $113,600 ‘would likely meet resistance as stressed short-term holders sell into strength’; ’Any correction has the potential to evolve into the beginning of a medium-term bearish market’; Going into September, the key macro catalysts remain US-focused; Both US BTC and ETH ETFs saw inflows on Wednesday, with $81.25 million and $307 million, respectively; Caution rises among ￰1￱ Winners & Losers At the time of writing, all top 10 coins per market capitalization have decreased over the past 24 ￰2￱ (BTC) rose by 2.2%, now trading at $113,127.

This is the second-highest increase in the ￰3￱ the same time, Ethereum (ETH) is up by 0.2%, meaning that it’s practically unchanged, now trading at $4,571. The biggest rise was recorded by Solana (SOL) for the second day in a row, climbing 2% to the price of $211. It’s followed by BTC and then Dogecoin (DOGE) , with a rise of 2.1% to $0.223. Notably, most of the top 10 list is barely changed, with very low percentages, including the one red coin, Tron (TRX) , which fell 0.2% to $0.3478.

As for the top 100 coins, Cronos (CRO) is still at the top for the third day in a row. It’s up 57%, now changing hands at $0.3412. Mantle (MNT) follows with 9.5%, currently trading at $1.26. On the other hand, Provenance Blockchain (HASH) decreased the most: 4.5% to $0.02584.

It’s followed by OKB (OKB) , having decreased by 3.7% to the price of $169. Meanwhile, Fundstrat Chief Investment Officer Tom Lee said that Ethereum could rally to $5,500 in the near term and to $12,000 by the end of the ￰4￱ further stressed that Ethereum is the foundational blockchain infrastructure for traditional ￰5￱ Lee made his market open debut today on the show and we discussed a variety of topics including Ethereum & Bitmine: – Why $ETH could be the biggest macro trade of the next decade – How $BMNR is growing the NAV & ETH per share at an accelerated pace – Ethereum end of… ￰6￱ — amit (@amitisinvesting) August 26, 2025 ‘We’ve Entered the Later Stages of the Current Bullish Cycle’ Ruslan Lienkha, chief of markets at YouHodler , commented that the recent sell-off reflects a combination of macro conditions and long-term positioning by large holders.

Notably, we are now entering the later stages of the current medium-term bullish ￰7￱ encourages early entrants, especially those holding BTC for 10 years or more, “to realize significant profits.” On the other hand, newer whales are more likely to adopt a longer-term strategy and hold the coin for one or even several future cycles. Moreover, BTC’s and ETH’s recent pullback is also a reflection of broader market sentiment, particularly the minor correction in ￰8￱ indices. “The key question is whether equities are experiencing a temporary correction or entering a more structural downturn,” Lienkha ￰9￱ are in the later stages of the current bullish trend, he said.

Therefore, “any correction has the potential to evolve into the beginning of a medium-term bearish ￰10￱ this backdrop, I would lean toward a more cautious approach, either by increasing hedges or reducing portfolio exposure to minimize downside risk,” he advised. Furthermore, Bitcoin’s Historical Volatility Index remains relatively low, and realized volatility has not increased significantly, Lienkha ￰11￱ suggests that the current options positioning does not resemble a classic “volatility trap” at this ￰12￱ into September, the key macro catalysts remain US-focused: inflation, interest rate policy, and labor market data. “The interaction of these factors will largely shape overall risk sentiment and, in turn, the trajectory of both traditional and crypto markets,” Lienkha concludes.

Moreover, Dom Harz, co-founder of BOB , commented that Bitcoin ETFs saw $33.6 billion in inflows in the second quarter of this year, “underscoring how far Bitcoin has come from being a fringe asset.” The coin is now “deeply embedded in the global financial system, actively allocated and recommended by leading institutions,” he ￰13￱ has become a store of value with “a clear upward trajectory,” and the next phase in its evolution is “about everyday utility: everything from enabling everyday transactions and payments, to borrowing stablecoins and other currencies against Bitcoin.” Per Harz, should Bitcoin remain only a store of value, it risks irrelevance.

Instead, “its future lies in becoming the infrastructure layer for the next era of finance.” Levels & Events to Watch Next At the time of writing on Wednesday morning, BTC trades at $113,127. It initially climbed to $112,555, then dropped to the $110,000 level again, before making another climb to the current ￰14￱ intraday low was $110,464, while the highest point currently sits at $113,329. Should BTC move above $116,850, it could climb further to $120,900 and $124,500. Bitcoin Price Chart.) saw another day of positive flows, taking in $81.25 ￰15￱ said goodbye to $3.05 million, while five funds recorded inflows, the highest of which is BlackRock’s $50.87 million.

Moreover, the US ETH ETFs also saw more inflows, with $307.2 million on Wednesday, reaching the total net inflow of $13.64 ￰16￱ of the nine funds saw ￰17￱ highest of these is $262.63 million by BlackRock . It’s followed by Fidelity’s $20.52 million. Meanwhile, healthcare company KindlyMD has filed a $5 billion at-the-market equity offering with the US Securities and Exchange Commission (SEC) to fund its Bitcoin treasury ￰18￱ is one of the largest corporate crypto accumulation programs announced this year. Moreover, US-based trading platform Webull launched crypto trading in Australia , offering access to up to 240 digital assets through a new partnership with Coinbase ￰19￱ move is expected to pressure local exchanges to lower fees amid growing ￰20￱ Anthony Denier described the return as part of the firm’s “full-throttle” global expansion into digital ￰21￱ is officially here!

Now you can trade crypto 24/7 with zero commissions and access to advanced ￰22￱ your journey with as little as $1. #Webull #Crypto #Finance #Investing #Trading #NowAvailable Webull Financial LLC (member SIPC, FINRA) offers self-directed… ￰23￱ — Webull (@WebullGlobal) August 26, 2025 Additionally, Thailand’s Ministry of Finance has selected KuCoin as its inaugural crypto exchange partner to participate in a consortium backing its G-Token initiative, the first publicly offered tokenized government securities ￰24￱ FAQ Why did crypto move with stocks today? The crypto market rose over the past day, as did the stock market on its previous day of ￰25￱ the closing time on Wednesday, the S&P 500 was up by 0.24%, the Nasdaq-100 increased by 0.17%, and the Dow Jones Industrial Average rose by 0.32%.

Stocks closed somewhat higher as investors prepare for Nvidia’s quarterly earnings ￰26￱ are also keeping an eye on Donald Trump’s decisions in regards to the Federal ￰27￱ this rally sustainable? The continuation of this rally is still uncertain, as it has already slowed down compared to ￰28￱ it may continue, another pullback before a more sustainable leg up is ￰29￱ may also like: (LIVE) Crypto News Today: Latest Updates for August 28, 2025 In the current cryptocurrency market, investors are constantly searching for new passive income ￰30￱ (DOGE), one of the world's most popular and community-supported digital currencies, is attracting increasing investment attention.

Now, even if you don't have expensive mining equipment, you can remotely mine Dogecoin using Bitcoin (BTC) and enjoy real-time daily ￰31￱ BTC Mining DOGE WorksThe process is simple and efficient:Deposit BTC into ￰32￱ and...