Crypto Crashes As Bitcoin Dips Beneath $110K, SOL, ETH Plunge

The crypto market tumbled nearly 2% within the final 24 hours as Bitcoin slid under the essential $110,000 help stage, initiating an enormous sell-off throughout prime digital belongings, together with Solana, Ethereum, and Dogecoin.

The Bitcoin value dropped to as little as $109,300 earlier than recovering to commerce at $110,329 as of three:56 a.m. EST, with buying and selling quantity surging 13% to $54.3 billion.

SOL tumbled 5%, ETH dropped nearly 4% and DOGE greater than 4% in the final 24 hours.

FARTCOIN led the highest losers with a 13.6% drop, adopted by Curve DAO Token (CRV), Virtuals Protocol (VIRTUAL), and Chainlink (LINK), which dropped 8.2%, 7.8%, and seven.6%, respectively, based on CoinMarketCap information. 

Over 180,000 merchants have been liquidated, with whole liquidations coming in at $833.32 million, based on Coinglass. 

The highest gainer amongst main cryptos was Hyperliquid, which climbed 2.2%, adopted by Cronos (CRO), 4 (FORM), and UNUS SED LEO (LEO) with features starting from 1.3% to 0.7%.

Bitcoin Triggers Market-Broad Crypto Crash

Bitcoin dropped under the $110,000 stage for the primary time since early July, which triggered a market-wide swoon after a whale unloaded 24,000 BTC price $2.7 billion on Sunday.

Crypto analyst Willy Woo, with over 1.2 million followers on X, says that BTC is rising so slowly this cycle as a result of early whales with enormous low-cost holdings are steadily promoting, and it takes huge new capital inflows to soak up their provide.

Why is BTC shifting up so slowly this cycle?

BTC provide is concentrated round OG whales who peaked their holdings in 2011 (orange and darkish orange).

They purchased their BTC at $10 or decrease. It takes $110k+ of recent capital to soak up every BTC they promote. pic.twitter.com/7CbWXsvX2l

— Willy Woo (@woonomic) August 24, 2025

BTC continues to point out some bearish prospects. On the every day chart, the BTC value has damaged under its 50-day Easy Shifting Common (SMA) ($116,444), signaling weak spot after failing to maintain its latest highs close to $124,000.

BTC is now hovering round $110,000, with the Fibonacci 0.236 retracement at $112,350 appearing as instant resistance.

The Relative Power Index (RSI) is at present at 38.9, indicating bearish momentum and edging towards oversold territory.

In the meantime, the 200-day SMA at $100,768 stays a essential help stage. If the worth of Bitcoin holds above $110,000, it may try a bounce towards $112,350 and reclaim the 50-day MA. 

A failure to take care of present ranges dangers a slide to $105,000 and probably $99,000, the place the 0.382–0.5 Fibonacci zone aligns with prior demand.

Peter Schiff is predicting a fall to as little as $75,000, and says that traders ought to promote now and purchase again decrease.

Bitcoin simply dropped under $109K, down 13% from its excessive lower than two weeks in the past. Given all of the hype and company shopping for, this weak spot needs to be trigger for concern. At a minimal, a decline to about $75K is in play, slightly below $MSTR‘s common value. Promote now and purchase again decrease.

— Peter Schiff (@PeterSchiff) August 26, 2025

Nevertheless, on August 25, BTC spot ETFs (exchange-traded funds) recorded over $219 million in web inflows, based on Coinglass.

Billionaire investor Tim Draper stays bullish, reiterating his $250k value goal.

🇺🇸 BILLIONAIRE TIM DRAPER JUST SAID LIVE ON CNBC THAT THIS IS THE BEST TIME TO BUY #BITCOIN

HERE WE GO!!! pic.twitter.com/frwN3HwUPj

— Vivek Sen (@Vivek4real_) August 25, 2025

Ethereum Stays Bullish Regardless of Latest Drop

Regardless of the broader market decline, Ethereum trades at $4,418 inside a rising channel sample. 

After pulling again from a excessive close to $4,800, the ETH value stays above the channel’s midline, with the 50-day SMA at $3,836 offering dynamic help and the 200-day SMA at $2,633 reinforcing a long-term bullish construction.

In the meantime, the RSI sits at 54.6, displaying wholesome momentum with out being overbought.

So long as ETH stays above $3,800, continuation towards $4,800 and presumably $5,000 stays seemingly. A breakdown under $3,800 may set off a check of $3,200, however the prevailing bias stays bullish inside the channel.

Optimistic social media sentiment noticed by fashionable dealer Ali Martinez could drive additional curiosity and Fundstrat managing companion Tom Lee stated that ETH has bottomed out after the latest pullback to round $4,300.

Mark ⁦@MarkNewtonCMT⁩ once more at it.

➡️Calling ETH backside to occur in subsequent few hours

⁦@fs_insight⁩ ⁦@FundstratCap⁩

Tickers: $BMNR $GRNY pic.twitter.com/038efU7cZH

— Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) August 26, 2025

Nevertheless, based on TradingView information, Ethereum’s MVRV ratio is now 2.11, which reveals that almost all holders are up greater than 2X on common, a stage which frequently ends in volatility and profit-taking.

Solana And Dogecoin Present Blended Indicators

Solana is at present buying and selling at $187.89, with buying and selling quantity down 26% to $9.7 billion. SOL is bullish, buying and selling above each the 50-day and 200-day SMAs with impartial RSI at 51.

The Solana value has cleared key resistance and will goal $250 if momentum holds, whereas $170 stays robust help.

In response to REX Monetary CEO Greg King, Solana will be the future platform for stablecoins.

“Solana is quicker (than eth).. frankly when i noticed the large debate about steady cash all being constructed on Eth I used to be like it is a enormous oversight. I believe Solana is the story for the longer term so far as steady cash go” – Greg King on IQ at the moment 🔥 https://t.co/jpIZJ0BMjS

— Eric Balchunas (@EricBalchunas) August 25, 2025

A  fashionable crypto analyst on X referred to as Pentoshi stated SOL may very well be headed for the $250 zone, regardless of the latest downtrend.

In the meantime, prime memecoin Dogecoin is consolidating in a symmetrical triangle, squeezed between $0.25 resistance and $0.20 help, because it at present trades at $0.2105. 

The RSI at 45 reveals indecision. A breakout may push it towards $0.30–$0.35, whereas a breakdown dangers $0.17.

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