Bitcoin Blazes Past $113K, Ethereum’s Record Run and Trump’s $6B Crypto Gambit – Aug 28–29, 2025 Roundup
Bitcoin climbed above $113,000 mid-week but faces selling pressure near $113,600 as short-term holders eye breakeven exits. Ether hit a record $4,955 on Aug. 24, boosted by $1.3 billion in fund inflows and record CME futures interest. Solana and XRP rallied, while a Kanye West-themed meme coin crashed 80%. The Sandbox cut over half its staff and replaced founders as usage and its SAND token plunged.