Crypto . 27/08/2025, 05:51 WIB

Bitcoin Steady Above $111K While Ethereum and Solana Surge in Daily Rally

Penulis : Makruf  |  Editor : Makruf

fin.co.id - Have you noticed how quickly the crypto market can shift from red to green? After a turbulent day where most digital assets plunged into losses, the past 24 hours brought a surprising turnaround. Bitcoin managed to hold steady above $111,000, while Ethereum and Solana led a strong crypto market rebound that energized traders and boosted sentiment across the board.

This sudden shift has sparked conversations about whether the correction phase is already behind us or if the market is simply staging a short-term relief rally. To understand the momentum, let’s break down the numbers, explore key drivers behind the daily gains, and examine what they mean for traders and long-term investors.

The Market Snapshot: From Red to Green in 24 Hours

Just yesterday, most traders were staring at red charts. Prices dipped, portfolios shrank, and concerns about a deeper correction filled social media discussions. But in the last 24 hours, the crypto market rebound has shifted the narrative.

  • Bitcoin (BTC) held firm at $111,656, recording a +1.07% daily gain despite being slightly down on the week.

  • Ethereum (ETH) jumped over 4% in a single day, pushing its weekly growth to an impressive 10.7%.

  • Solana (SOL) rallied nearly 5% in 24 hours, solidifying its position as one of the strongest performers among major altcoins.

  • XRP surged past $3.01, gaining 5.2% daily, signaling renewed momentum after weeks of sluggish price action.

  • Dogecoin (DOGE) and Cardano (ADA) also joined the rally, climbing more than 3–4% in the daily chart.

The broader market capitalization swelled to $2.2 trillion, highlighting not just price appreciation but also renewed inflows into risk assets. For many traders, this shift marks the first convincing signal that altcoins might be ready to shine after Bitcoin’s dominance stalled.

Bitcoin: Stability at $111K

Bitcoin remains the anchor of the entire crypto ecosystem, and its stability above $111,000 is a sign of resilience. Although the king of crypto only gained a modest 1% in the last 24 hours, the fact that it didn’t lose ground while altcoins surged is meaningful.

This stability tells two stories:

  1. Investor Confidence Remains High – Even without massive gains, Bitcoin’s ability to hold its support levels indicates that institutional and retail confidence is still intact.

  2. Capital Rotation Toward Altcoins – With Bitcoin moving sideways, traders are reallocating funds into altcoins with higher growth potential, fueling the crypto market rebound.

Some analysts suggest that as long as Bitcoin doesn’t fall below $110K, the market remains in a healthy consolidation zone. This provides the perfect environment for Ethereum, Solana, and other altcoins to stage their rallies.

Ethereum: The Leading Force in the Rally

Ethereum has clearly become the star of this crypto market rebound. The second-largest cryptocurrency not only gained 4.3% in the last 24 hours but also secured a double-digit gain over the past week.

           
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