NASDAQ:CME 28 August 2025 - 29 August 2025

After a volatile start to the week, Bitcoin regained ground to trade around $112K–$113K by August 28. The rebound came after BTC briefly plunged to the mid-$108K range on Tuesday amid a broad risk-off move coindesk.com. Analysts tied the bounce to external market strength – the S&P 500 notched a fresh peak and chipmaker Nvidia’s earnings beat expectations, reinforcing the narrative that crypto correlates with tech stocks coindesk.com. By Wednesday, BTC was back above $111K, though still near a seven-week low nasdaq.com, prompting debate over whether the dip was a buying opportunity or a warning sign.