After a week of market fluctuations, Bitcoin (BTC) is trading at $110,400 (≈ Rs. 97 lakh) and Ethereum (ETH) at $4,300 (≈ Rs. 3.8 lakh), according to CoinMarketCap. On Indian exchanges, BTC stands at 97.3 lakh, while ETH remains steady at 3.8 lakh.
ETF inflows in August bolstered Ethereum, with analysts pointing to supply shortages and strong futures positioning as drivers that could push ETH towards $5,000 (≈ Rs. 4.4 lakh).
While Bitcoin (BTC) and Ethereum (ETH) dominate headlines, altcoins continue to show resilience:
Solana (SOL): $206 (≈ Rs. 18,100)
Dogecoin (DOGE): $0.21 (≈ Rs. 18.5)
XRP: $2.83 (≈ Rs. 249)
Binance Coin (BNB): $846 (≈ Rs. 74,500)
XRP has been gaining traction, Dogecoin is holding ground amid market rebounds, while Cardano is attracting fresh investor interest, signaling potential upside momentum.
“The flows are structural and supportive. Bitcoin is trading flat near $111,000, with recovery signs supported by record-high hash rate strength, even as traders remain mindful of September's seasonality. While volatility is still there, the market tone is far from bearish. Ethereum, despite a $300M spot ETF outflow, ETH ETF inflows outpaced Bitcoin in August, and futures positioning remains bullish [...] Dogecoin is participating in the broader rebound, while Cardano is drawing fresh attention with the market flagging potential upside.”
“BTC attempted an early push higher but faced repeated rejections near the $112,600 resistance, keeping upside momentum in check. Overall, the price action remains consolidative, with $112,600 as key resistance and $111,000 as immediate support. Market observers highlight that large-holder rotation into ETH is easing, with institutional flows returning to BTC.”
“Bitcoin is showing strong resilience, trading near the $112,000 zone as bulls attempt to take control [...] ETH exchange reserves have fallen to a 3-year low, potentially leading to a supply shock, reducing sell-side pressure.”
Bitcoin (BTC): To confirm a bullish breakout, BTC must reclaim $113,000 (≈ Rs. 94 lakh). A failure could risk a downside correction towards $107,000 (≈ Rs. 89 lakh).
Ethereum (ETH): A move towards $4,600 (≈ Rs. 3.8 lakh) is seen as critical to reinforce bullish momentum and boost overall sentiment in the crypto market.
The crypto market is entering a decisive phase in September 2025. Bitcoin’s consolidation above $110,000 reflects investor caution, with $112,600 acting as a tough resistance barrier. Yet, the steady hash rate strength and institutional demand indicate underlying market resilience. Meanwhile, Ethereum is emerging as the frontrunner, with ETF inflows outpacing Bitcoin, exchange reserves at a 3-year low, and strong futures positioning fueling optimism for a run towards $5,000.
Altcoins, including XRP, Solana, Dogecoin, and Cardano, are showing strength, drawing both retail and institutional interest. Analysts agree that while volatility persists, the market sentiment is far from bearish. For traders, the coming weeks will be crucial: Can Bitcoin break past $113,000, or will Ethereum lead the charge with a supply-driven rally? Either way, the stage is set for a high-stakes battle between the top two cryptocurrencies.