Here’s a quick recap of the crypto landscape for Friday (August 29) as of 9:00 p.m. (UTC). Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$108,292, a 3.2 percent decrease in 24 hours. It opened at its highest valuation of the day, US$110,473. Its lowest valuation today was US$108,107. Bitcoin price performance, August 29, 2025. Chart via TradingView. Bitcoin’s slip below the US$110,000 threshold stoked fears of a broader crypto market correction on Friday as liquidations doubled, the US Federal Reserve’s preferred inflation gauge showed persistent price pressures, and Bitcoin flashed a potential risk pattern. Analysts warned the token could be edging toward bear market territory. According to analyst Rekt Capital, BTC needs to regain US$114,000 as support to prevent an extended correction period. Adding to volatility, a long-dormant Bitcoin…
