Crypto Market Evening Report (29 August 2025)
US & Europe wrap • BTC, ETH, SOL and top altcoins — currencyconverter.top
Published: 29 Aug 2025 • Last updated:
🌇 Market Overview
Friday evening brought further strength across crypto majors. Bitcoin (BTC) pushed higher to $66.7K, Ethereum (ETH) advanced to $3.47K, while Solana (SOL) remained firm at $171. Altcoins gained momentum as ADA, DOT, and BNB all ticked higher, while DOGE and SHIB showed modest activity. US equities closed mixed, Europe steady, and the Dollar Index weakened, adding support to risk sentiment.
📊 Evening Snapshot
| Coin | Price (USD) | 24h % | High/Low |
|---|---|---|---|
| BTC | $66,700 | +0.5% | H $67.1K / L $65.9K |
| ETH | $3,470 | +0.6% | H $3,490 / L $3,420 |
| SOL | $171.0 | +0.7% | H $173 / L $167 |
| XRP | $0.724 | +0.3% | H $0.730 / L $0.715 |
| ADA | $0.543 | +0.4% | H $0.550 / L $0.531 |
| BNB | $623 | +0.4% | H $628 / L $612 |
| MATIC | $0.860 | +0.3% | H $0.870 / L $0.842 |
| DOT | $9.52 | +0.5% | H $9.60 / L $9.30 |
₿ Bitcoin (BTC)
BTC climbs toward $66.7K with resistance at $67.1K. A breakout could open $68K. Supports remain $65.9K and $65K. On-chain flows show reduced exchange supply, and long-term holders continue accumulation.
Ξ Ethereum (ETH)
ETH trades at $3.47K, resistance at $3.49K–$3.50K. Breakout unlocks $3.55K. Supports at $3.42K and $3.38K. DeFi and L2 adoption remain strong; ETH/BTC pair stable, signaling potential upside rotation.
◎ Solana (SOL)
SOL consolidates at $171, resistance at $173. Breakout may push $176. Supports at $167–$166. Solana’s NFT and DeFi ecosystems remain active, strengthening bullish bias.
🟡 Altcoins Roundup
ADA climbed to $0.543, DOT to $9.52, BNB to $623, and MATIC to $0.860. XRP stable at $0.724. DOGE and SHIB traded with modest volumes. LINK and AVAX rotated higher, reflecting mid-cap demand.
🧭 Sector View
- DeFi: Lending protocols stable, yield activity firm.
- Layer-2: Arbitrum & Optimism remain leaders, Base gaining traction.
- NFTs: Gaming NFTs continue momentum, blue-chips steady.
- Stablecoins: USDT demand high, USDC circulation steady.
🌍 Macro & Derivatives
Global markets steady, US mixed, Europe flat. DXY weaker, bond yields muted. Derivatives funding neutral, OI rising, liquidations light. Sentiment in “Greed” zone, reflecting optimism but caution near resistances.
🧩 Strategy Notes
- BTC: Watch $67.1K; breakout opens $68K. Supports $65.9K, $65K.
- ETH: Constructive above $3.42K; breakout >$3.49K may push $3.55K.
- SOL: Bullish above $171; breakout >$173 extends higher.
- Alts: Rotate with majors, avoid overexposure to weak coins.
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❓ FAQs
Q1. BTC next resistance?
A: $67.1K; breakout opens $68K.
Q2. ETH bullish?
A: Yes, >$3.42K; reclaim $3.49K may target $3.55K.
Q3. SOL strong?
A: Yes, >$171; breakout >$173 extends to $176.
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