{"id":118034,"date":"2025-08-25T10:32:39","date_gmt":"2025-08-25T06:32:39","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=118034"},"modified":"2025-08-25T10:32:42","modified_gmt":"2025-08-25T06:32:42","slug":"bitcoin-slips-below-113000-as-profit-taking-weighs-ether-holds-near-record-highs","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-slips-below-113000-as-profit-taking-weighs-ether-holds-near-record-highs\/08\/25\/market-updates\/","title":{"rendered":"Bitcoin Slips Below $113,000 as Profit-Taking Weighs; Ether Holds Near Record Highs"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p><strong>Bitcoin Retreats After Fed-Driven Rally<\/strong><br>Bitcoin fell on Monday, giving back gains sparked by Federal Reserve Chair Jerome Powell\u2019s dovish comments last week. The world\u2019s largest cryptocurrency was last down <strong>2.1% at $112,550.5<\/strong> as of 01:27 ET (05:27 GMT), slipping to its lowest levels in more than six weeks.<\/p>\n\n\n\n<p>The token had surged above <strong>$117,000 on Friday<\/strong> after Powell signaled the Fed may need to cut rates in September, citing rising risks to the U.S. labor market. The remarks boosted risk assets, including crypto. However, Bitcoin quickly retreated as traders booked profits, with analysts highlighting resistance at recent highs and pointing to a potential consolidation phase.<\/p>\n\n\n\n<p><strong>Japan Signals Supportive Crypto Framework<\/strong><br>Japan\u2019s Finance Minister <strong>Katsunobu Kato<\/strong> pledged on Monday to create a more supportive framework for digital assets. He noted that cryptocurrencies could play a role in diversified investment portfolios, reflecting a shift in Japan\u2019s regulatory stance toward broader adoption.<\/p>\n\n\n\n<p>Kato\u2019s comments come as Tokyo works on balancing <strong>innovation and investor protection<\/strong>, signaling growing recognition of crypto\u2019s importance in investment strategies.<\/p>\n\n\n\n<p><strong>Altcoins Trade Mixed, Ether Near Highs<\/strong><br>Most altcoins traded in a narrow range in line with Bitcoin\u2019s subdued moves. The standout remained <strong>Ether<\/strong>, which fell <strong>1.7% to $4,715.73<\/strong> after touching a record high of <strong>$4,955<\/strong> in the prior session.<\/p>\n\n\n\n<p>Other tokens also softened:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>XRP<\/strong> slipped <strong>1.7% to $3.00<\/strong><\/li>\n\n\n\n<li><strong>Solana<\/strong> dropped <strong>0.8%<\/strong><\/li>\n\n\n\n<li><strong>Cardano<\/strong> declined <strong>0.7%<\/strong><\/li>\n\n\n\n<li><strong>Polygon<\/strong> edged <strong>0.2% lower<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Meme coins also pulled back, with <strong>Dogecoin down 3%<\/strong> and the <strong>$TRUMP token off 1.6%<\/strong>.<\/p>\n\n\n\n<p><strong>Market Outlook<\/strong><br>Despite the pullback, crypto markets remain underpinned by expectations of <strong>Fed policy easing<\/strong> and <strong>regulatory tailwinds<\/strong> from Asia. Analysts expect Bitcoin and Ether to stay volatile in the short term, with consolidation likely before the next directional move.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin Retreats After Fed-Driven RallyBitcoin fell on Monday, giving back gains sparked by Federal Reserve Chair Jerome Powell\u2019s dovish comments last week. The world\u2019s largest cryptocurrency was last down 2.1% at $112,550.5 as of 01:27 ET (05:27 GMT), slipping to its lowest levels in more than six weeks. The token had surged above $117,000 on &hellip;<\/p>\n","protected":false},"author":9,"featured_media":99111,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,36],"tags":[],"class_list":["post-118034","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=118034"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118034\/revisions"}],"predecessor-version":[{"id":118035,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118034\/revisions\/118035"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/99111"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=118034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=118034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=118034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}