{"id":43513,"date":"2025-08-22T07:02:00","date_gmt":"2025-08-22T07:02:00","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43513"},"modified":"2025-08-22T07:02:00","modified_gmt":"2025-08-22T07:02:00","slug":"what-next-for-eth-xrp-sol-as-bitcoin-stalls-at-113k-and-etf-outflows-mount","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43513","title":{"rendered":"What Next For ETH, XRP, SOL as Bitcoin Stalls at $113K And ETF Outflows Mount"},"content":{"rendered":"
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Bitcoin traded near $113,700 on Thursday, failing to hold above $115,000 as resistance from the 50-day moving average capped a rebound attempt.<\/p>\n<\/p>\n

The broader crypto market added just 1% to $3.86 trillion in capitalization, a move analysts described as a bounce on the way down rather than the start of a recovery.<\/p>\n<\/p>\n

\u201cThe technology sector in traditional financial markets remains under pressure, dampening the mood of cryptocurrency buyers,\u201d said Alex Kuptsikevich, chief market analyst at FxPro. \u201cBitcoin\u2019s unsuccessful attempt to return above $115K only highlights the market\u2019s weakness.\u201d<\/p>\n<\/p>\n

ETF flows were indicative of caution. According to SoSoValue<\/a>, bitcoin ETFs experienced net outflows of $523 million on August 19, followed by $311 million on Wednesday and $192 million on Thursday. Meanwhile, ether ETFs incurred over $500 million in outflows during the same period.<\/p>\n<\/p>\n

The consecutive withdrawals reversed the prior week\u2019s inflows. Kronos Research attributed the weakness to profit-taking and liquidations after BTC\u2019s record high earlier in August.<\/p>\n<\/p>\n

Sentiment has also been hit by headlines. The SEC is investigating Alt5 Sigma after its $1.5 billion deal with World Liberty Financial, a firm tied to U.S. President Donald Trump.<\/p>\n<\/p>\n

Ethereum\u2019s on-chain metrics have softened, with active addresses down 28% since July 30.<\/p>\n<\/p>\n

ETH traded at $4,289, up just 0.4% on the day but still down more than 7% from recent highs. Analysts say the drop in active addresses \u2014 now 28% below the levels seen in late July \u2014 reflects softer retail participation and could cap near-term upside even if bitcoin steadies.<\/p>\n<\/p>\n

XRP and Solana showed similar patterns, with XRP slipping to $2.87 and Solana at $183. Both tokens have declined by more than 6% in the past week, mirroring bitcoin\u2019s weakness. Traders say a dovish Fed pivot could spark short-term rebounds, but without fresh inflows the moves may remain limited.<\/p>\n<\/p>\n

Derivatives markets point to hedging pressure, meanwhile. The 30-day delta skew in bitcoin options reached 12% this week, a four-month high, reflecting demand for downside protection.<\/p>\n<\/p>\n

\u201cBitcoin\u2019s weakness is currently driven primarily by macroeconomic factors,\u201d said Ruslan Lienkha, chief of markets at YouHodler, in an email to CoinDesk. \u201cNo significant bearish crypto-native developments are weighing on the market.\u201d<\/p>\n<\/p>\n

\u201cIn contrast, equity markets are experiencing elevated selling pressure, and this broader risk-off sentiment is spilling over into Bitcoin,\u201d he added.<\/p>\n<\/p>\n

Lienkha said it was unclear if the current positioning represents short-term hedging ahead of Powell\u2019s speech or a deeper turn. \u201cMarkets appear to be approaching the later stages of the bullish trend,\u201d he said. \u201cIt remains unclear whether the present pullback represents the start of a broader trend reversal or merely another correction on the path to a final peak.\u201d<\/p>\n<\/p>\n

While near-term sentiment has soured, some analysts continue to point to longer-term catalysts. Bitwise said U.S. pension plan allocations could drive Bitcoin to $200,000 by year-end, potentially exceeding the impact of spot ETF approvals. First inflows could arrive as early as autumn, the firm added.<\/p>\n<\/p>\n

For now, though, traders remain focused on Powell\u2019s remarks at Jackson Hole on Friday. A dovish tone could ease pressure on risk assets, while any reluctance to endorse cuts may extend the slide that has already taken bitcoin 9% off its highs.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin traded near $113,700 on Thursday, failing to hold above $115,000 as resistance from the 50-day moving average capped a rebound attempt. The broader crypto market added just 1% to $3.86 trillion in capitalization, a move analysts described as a bounce on the way down rather than the start of a recovery. \u201cThe technology sector […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-43513","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43513"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43513\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}