Crypto Market Pullback: Bitcoin Dips to $115K, Ethereum Slides, XRP Under Pressure
Market Update — Crypto Today (August 18, 2025)
Bitcoin (BTC): After hitting a fresh high of $124,500 last Thursday, Bitcoin has cooled off and dropped roughly 2%, now trading around $115,000 to $115,200  .
Ether (ETH): The second-largest cryptocurrency also saw weakness, dipping about 3% to approximately $4,335 .
XRP: Following the broader pullback, XRP fell around 4%, trading below $3  .
Reason for the Corrections: • Profit-taking by investors following recent all-time highs. • Shifting macroeconomic sentiment and cautious positioning ahead of key central bank policy cues  .
What to Watch Next: • Market reaction to upcoming Federal Reserve commentary and potential interest rate signals. • Whether this dip serves as a pause before another rally or signals a deeper correction.
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#BTCvsETH Ethereum reserves held by institutions have surged past $6.25 billion, marking a historic shift. Ethereum’s versatility and yield opportunities are attracting capital that once flowed primarily into Bitcoin, signaling a potential long-term change in crypto market leadership and utility.
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