Crypto Market Evening Report (28 August 2025)
US & Europe wrap • BTC, ETH, SOL and altcoins — currencyconverter.top
Published: 28 Aug 2025 • Last updated:
🌇 Market Overview
Thursday evening saw Bitcoin (BTC) steadying near $66.2K, Ethereum (ETH) at $3.44K, and Solana (SOL) pushing close to $169. Altcoins showed mixed but constructive moves, with ADA, DOT, and BNB inching higher. Meme coins like DOGE and SHIB traded sideways, while Layer-2 tokens maintained momentum. Macro backdrop remained neutral-positive as US equities closed flat and DXY weakened slightly.
📊 Evening Snapshot
| Coin | Price (USD) | 24h % | High/Low |
|---|---|---|---|
| BTC | $66,200 | +0.6% | H $66.6K / L $65.4K |
| ETH | $3,440 | +0.7% | H $3,460 / L $3,390 |
| SOL | $169.0 | +0.8% | H $171 / L $164 |
| XRP | $0.720 | +0.3% | H $0.726 / L $0.711 |
| ADA | $0.536 | +0.4% | H $0.543 / L $0.525 |
| BNB | $617 | +0.3% | H $622 / L $608 |
| MATIC | $0.850 | +0.4% | H $0.860 / L $0.832 |
| DOT | $9.40 | +0.5% | H $9.48 / L $9.18 |
| DOGE | $0.169 | +0.2% | H $0.172 / L $0.165 |
| SHIB | $0.0000185 | +0.1% | H $0.0000188 / L $0.0000181 |
₿ Bitcoin (BTC)
BTC trades strong near $66.2K. Key resistance: $66.6K; breakout targets $67.5K. Supports: $65.4K & $64.8K. On-chain data shows reduced exchange reserves, miner outflows muted. Derivatives funding neutral, OI rising.
Ξ Ethereum (ETH)
ETH holds $3.44K. Resistance $3.46K; reclaim unlocks $3.50K. Support $3.39K & $3.34K. ETH/BTC stable, DeFi TVL improving. L2 adoption supports network activity.
◎ Solana (SOL)
SOL rallies to $169. Resistance $171; breakout could push $174. Support $164–$162. Solana ecosystem strong with NFT & DeFi flows intact.
🟡 Altcoins Roundup
ADA firm near $0.536, DOT to $9.40, BNB $617, MATIC $0.85. DOGE, SHIB steady with low volatility. Mid-cap projects LINK & AVAX saw rotations. Overall alt sentiment constructive.
🧭 Sector View
- DeFi: AAVE & Curve led volumes, TVL stable.
- Layer-2: Arbitrum & Optimism activity high.
- NFTs: Gaming NFTs gaining, BAYC floors steady.
- Stablecoins: USDT supply balanced; USDC demand steady.
🌍 Macro & Derivatives
US stocks flat, Europe steady, Asia cautious. DXY weaker, bond yields muted. Derivatives: neutral funding, OI up, liquidations light. Sentiment: Greed zone, reflecting optimism.
🧩 Strategy Notes
- BTC: Bullish >$66K; breakout $66.6K unlocks $67.5K.
- ETH: Constructive >$3.39K; target $3.50K.
- SOL: Strong >$169; breakout >$171 extends higher.
- Alts: Trade with majors, avoid chasing highs.
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❓ FAQs
Q1. BTC next resistance?
A: $66.6K; breakout targets $67.5K.
Q2. ETH bullish?
A: Yes, >$3.39K; reclaim $3.46K for $3.50K.
Q3. SOL strong?
A: Yes, >$169; breakout >$171 may push $174.
Q4. Which alts moving?
A: ADA, DOT, BNB, MATIC, LINK, AVAX.
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