Crypto markets are holding key support levels today ahead of Federal Reserve Chair Jerome Powell’s much-anticipated speech at Jackson Hole. Bitcoin is trading around **$113,000** after an overnight dip, while Ethereum remains steady near **$4,300**, showing little change in the past day. Altcoins are mixed: **OKB** has continued its impressive rally, briefly crossing **$250** and jumping **158%** over the past week.

**XRP** is trading at **$2.86**, reflecting an 8% drop over the last seven days, but is seeing increased trading volumes and institutional interest as it pushes back toward the $3 mark. Meanwhile, **Dogecoin (DOGE)** is holding between $0.21 and $0.28, with analysts eyeing a potential 40% breakout if it clears the $0.28 level. **Shiba Inu (SHIB)** faces downward pressure, hovering near $0.0000124; a break below key support could trigger a steep 50% decline.

**Binance Coin (BNB)** has hit a new all-time high of $882.60, driven by surging daily active addresses, which now exceed 3 million. Overall, the market is volatile as traders focus on key support areas and possible breakout scenarios.

On the institutional front, crypto ETFs are seeing persistent outflows, influencing prices of major assets. Notably, asset manager BlackRock has sold **$111 million in Bitcoin** and **$254 million in Ethereum**, with coins transferred to Coinbase Prime, likely for sale. Since August 15, Bitcoin ETFs have faced over $970 million in outflows, while Ethereum ETFs have lost about $925 million, intensifying selling pressure and bearish sentiment.

Bitcoin’s price correction follows its surge to an all-time high of $124,000 earlier this month and reflects broader market uncertainty on the eve of the Fed’s speech. Altcoin investors are watching closely, as some analysts anticipate the next “altcoin season” could gain momentum in mid to late 2025—especially as macroeconomic conditions stabilize and on-chain liquidity shifts. Projects such as MAGACOIN FINANCE are attracting investor attention, with presale rounds closing rapidly, driven by scarcity narratives and bullish sentiment for the next cycle.

As regulatory clarity improves and institutional flows shift, the landscape remains dynamic, with traders and investors positioning themselves for both risks and opportunities across the digital asset spectrum.