Crypto Market Morning Report (31 August 2025)
Asia Session • Bitcoin, Ethereum, Solana & Altcoins — currencyconverter.top
🌅 Market Overview
Crypto markets opened August’s final day on a steady note. Bitcoin (BTC) traded around $67.4K, Ethereum (ETH) at $3.52K, and Solana (SOL) held $174. Altcoins were constructive, Asian equities mixed, and a softer US Dollar Index (DXY) kept sentiment in the Greed Zone.
📊 Morning Snapshot
| Coin | Price | 24h % | High/Low |
|---|---|---|---|
| BTC | $67,400 | +0.5% | H $67.9K / L $66.8K |
| ETH | $3,520 | +0.6% | H $3,545 / L $3,470 |
| SOL | $174.2 | +0.7% | H $176 / L $170 |
| ADA | $0.553 | +0.4% | H $0.560 / L $0.541 |
| BNB | $632 | +0.5% | H $638 / L $621 |
| DOT | $9.72 | +0.6% | H $9.80 / L $9.48 |
₿ Bitcoin (BTC)
BTC strengthened to $67.4K with resistance at $67.9K. A breakout could open the door to $68.5K. Support lies at $66.8K and $66K. On-chain data highlights falling exchange inflows and miner reserves stabilizing, a bullish sign for supply.
Ξ Ethereum (ETH)
ETH advanced to $3,520. Resistance sits at $3,545; breakout unlocks $3,600. Supports $3,470 and $3,430. DeFi TVL rose 2.5% overnight, and ETH/BTC ratio stayed firm. Layer-2 scaling continues driving volumes in Arbitrum & Optimism.
◎ Solana (SOL)
SOL traded at $174, with $176 as immediate resistance. Breakout can extend towards $180. Supports remain at $170 and $168. Solana NFTs gained 14% in volume overnight, highlighting growing ecosystem activity.
🟡 Altcoins Roundup
ADA climbed to $0.553, BNB to $632, and DOT to $9.72. MATIC traded at $0.872, while XRP stayed firm at $0.731. Meme coins DOGE & SHIB traded sideways. Mid-caps LINK, AVAX, and APT saw fresh inflows during Asia hours.
🧭 Sector View
- DeFi: Lending demand increased; Curve pools balanced.
- Layer-2: Arbitrum & Optimism dominate; Base adoption accelerates.
- NFTs: Gaming NFTs surged, blue-chip floors stable.
- Stablecoins: USDT supply up $300M; USDC steady.
🌍 Macro & Sentiment
Asian stocks mixed; Nikkei higher, Hang Seng lower. DXY dipped to 101.6, aiding crypto. BTC futures OI rose 2%, funding neutral. Fear & Greed Index at 72 (Greed), showing risk appetite.
🧩 Strategy Notes
- BTC: Bullish above $66.8K; watch $67.9K → $68.5K.
- ETH: Positive >$3.47K; breakout $3.55K targets $3.6K.
- SOL: Strong >$174; breakout >$176 extends to $180.
- Alts: Focus on ADA, DOT, LINK, AVAX; avoid chasing DOGE/SHIB.
🔗 Read More on currencyconverter.top
❓ FAQs
Q1: What is BTC’s next resistance?
👉 $67.9K; breakout → $68.5K.
Q2: Is ETH bullish?
👉 Yes, ETH >$3.47K; breakout $3.55K → $3.6K.
Q3: SOL trend?
👉 Bullish >$174; breakout $176 → $180.
Q4: Which alts are strong?
👉 ADA, DOT, LINK, AVAX in focus during Asia session.
0 Comments