Ethereum grew by 19% in a month

Bitcoin BTC $108,525.00 Mezo Wrapped BTC 0.20% Market capitalization $39.78 million VOL. 24 hours $1.52 billion ended August 2025 down 6.49%, breaking a streak of four months of growth. August traditionally turned out to be unfavorable for the first cryptocurrency, as the asset closed the month in the red for the ninth time in its history.

on August 14, bitcoin updated its all-time high, rising above $ 124,000, but then a correction began. On August 26, the price dropped below $ 109,000, which led to the liquidation of positions worth about $ 941 million. At the time of writing, the price of BTC was $ 107,964.

Despite the volatility, analysts' forecasts remain optimistic. Standard Chartered expects bitcoin to reach $ 135,000 in the third quarter and $ 200,000 by the end of the year. Bernstein believes that the market has entered a «long and exhausting» growth cycle until 2026. SkyBridge Capital founder Anthony Scaramucci predicts a range of $ 180,000-$ 200,000 in 2025, and Bitwise representative Andre Dragosch shares this opinion. Coinbase CEO Brian Armstrong goes even further and suggests that bitcoin could reach $ 1 million by 2030.

In contrast to BTC, Ethereum showed an increase of 18.78%, closing August in the black for the second time in a row. This is an atypical result for the second-largest cryptocurrency by capitalization, as historically, August has often ended with a decline. At the time of writing, the price of ETH was $ 4406, and on August 24, the asset set a new record at $ 4956.

The crypto community is actively discussing the prospects of Ethereum. Arthur Hayes, co-founder of BitMEX, calls it the key asset of the current cycle and predicts that the price could rise to $ 10,000-$ 20,000 within this market growth.