- Bitcoin worth has dropped to lows of $110,956 as positive aspects seen on Friday disappear.
- The downturn has accelerated amid the BTC sell-off and decline in dominance.
- Analysts say Bitcoin can lengthen losses beneath $110k amid wider fall.
Bitcoin’s downturn for the reason that temporary surge put up Federal Reserve chair Jerome Powell’s speech at Jackson Hole on Friday has prolonged to beneath $111k.
The benchmark digital asset has slipped greater than 3% to drop to lows of $110,956 throughout main exchanges, with BTC struggling as the bounce that adopted Powell’s feedback on cryptocurrency shortly fades.
Bitcoin’s dominance was additionally falling sharply, down to round 57%.
Analysts stay bullish, however might Bitcoin worth drop beneath $110k and set off additional losses?
Bitcoin extends dip to $111k
Cryptocurrencies spiked on Friday as risk assets exploded amid feedback by Powell that the central financial institution might take into account chopping charges sooner.
However, the temporary rally that adopted the Jackson Hole financial symposium has since swiftly unravelled, with Bitcoin plummeting to contact lows of $110k.
On Aug. 22, BTC noticed an intraday peak of $117k – up from lows of $113k earlier within the day.
According to QCP, the downturn to present costs comes as an early whale offloaded a considerable $2.7 billion in BTC.
This speedy sell-off has accelerated a dip in BTC dominance, which hovers round 57%.
Asia Colour – 25 Aug 25
1/ $BTC’s post-Jackson Hole bounce didn’t final lengthy, with a ~$2.7bn early-holder sale throughout skinny Sunday liquidity sparking a flash crash that worn out $500m in leveraged positions inside minutes.
— QCP (@QCPgroup) August 25, 2025
Meanwhile, Bitcoin’s weak point has been evidenced by a dip in spot exchange-traded funds (ETFs) flows, with six consecutive classes of outflows placing bulls beneath stress.
What subsequent for BTC? Analysts’ take
Bitcoin’s long-term trajectory stays largely bullish, and a bounce to the all-time excessive above $124k isn’t an impossibility.
However, analysts at Glassnode are pointing to a short-term draw back arc.
Particularly, all Bitcoin cohorts, with these within the 10- 100 BTC group greatest sellers, are in a distribution section.
All $Bitcoin cohorts have now decisively moved into distribution, led by the ten–100 $BTC group. The uniformity throughout cohorts highlights broad sell-side stress rising available in the market. pic.twitter.com/zVZkaPN2Tf
— glassnode (@glassnode) August 25, 2025
Increased promoting may very well be dangerous information for bulls as a breakdown beneath $110k might ensue.
But regardless of this outlook, analysts at QCP Group keep that Bitcoin is bullish.
The analysts say that regardless of the present sell-off, consumers can simply soak up the stress as occurred in July.
With BTC dominance slipping, it’s Ethereum that will profit, the analysts stated.
“BTC dominance slipped from 60% to 57%. Still above the sub-50% levels of 2021, but enough to fuel speculation that whales expect $ETH to outperform, especially if ETH staking ETFs secure approval later this year,” QCP famous.
Bitcoin worth at the moment hovers round $111,200, bouncing off lows final seen in early July. Investors can be watching that $110k stage as effectively as broader market situations.
