As of early August 2025, the crypto market is facing renewed pressure amid a broader risk-off sentiment. Bitcoin has slipped to around $113,000, while Ethereum is trading near $3,440, both experiencing declines due to profit-taking and global economic uncertainty. Weak U.S. employment data and rising trade tensions have triggered a wave of liquidations across major tokens. Despite the pullback, institutional interest remains strong, with steady ETF inflows and post-halving optimism fueling hopes for a potential rally to $120,000 and beyond. Meanwhile, altcoins like Solana, XRP, and Dogecoin are experiencing volatility but remain on traders' watchlists for recovery plays. With key inflation and jobs data expected later this month, market direction will likely hinge on macroeconomic signals and central bank responses.
