Traders nervous as Bitcoin falls below $108K

BTC faced challenges maintaining its position above $108,000 on September 1, 2025, showing minimal signs of a rebound. Analysts indicate that the Labor Day closure, along with worries about a Bitcoin whale offloading another billion dollars of BTC, has increased caution in trading. Long-dormant whale accounts are now selling into Ether, while there is a decline in spot BTC ETF inflows.  Additionally, the end-of-week downturn in the Dow, S&P 500, and Nasdaq has impacted investor morale.

Bitcoin traded at $107,980.45, down 0.55 percent in 24 hours, with $53.23 billion in volume. Bitcoin’s market worth of $2.15 trillion made it the largest cryptocurrency. The digital asset is currently 13% lower than its peak of $124,457 reached on August 14, 2025. Bitcoin encounters resistance in the range of $115,000 to $125,000. Harish Vatnani, noted that Bitcoin has created a weekly “Shooting Star” candle, with the extended upper shadow suggesting selling pressure at elevated levels. “It has been trading in the red for the past three weeks, forming a ‘Lower High Lower Low’ pattern.” Vatnani stated that Bitcoin has robust support levels near $105,000 and $100,000, while facing resistance at $115,000 and $125,000. A sustained climb necessitates BTC to break, close, and maintain $125,000. As per the insights, Bitcoin is expected to persist in its short-term downturn. Selling could potentially bring it down to the range of $106,000 to $104,000. Support is 107,000. Sehgal stated that bulls need to reclaim $109,000 and the range of $111,000–$112,000 to stabilize momentum. Ethereum demonstrates remarkable resilience in the face of prevailing trends.

ETH plummeted following profit booking after reaching $4,497, driven by institutional interest and ETF inflows. Ethereum experienced a decline of 0.80%, settling at $4,401 with a trading volume of $27.56 billion over the past 24 hours. Over 11% below its August 25 peak of 4,953, the cryptocurrency. Sehgal said, “supports 4,370 and 4,300. ETH may survive market collapse due to institutional participation, including 1.08 billion in net inflows into Ethereum spot ETFs from August 25–29 .” Ethereum’s significant inflows and whale rotations could enhance altcoin momentum if the market’s risk appetite increases, but Bitcoin remains vulnerable, particularly during liquidity events such as Labor Day. Significant decline in cryptocurrency values. Solana fell below 200, Ethereum below 4,500, XRP at 2.80, and Dogecoin at 0.21. POL reached more than 5.5 percent, BUILDon at 4.6 percent, KuCoin Token at 3.61%, and Monero around 4%. Pi experienced a decline of 10%, while Conflux, OKB, and Pudgy Penguins each saw a decrease of more than 7%.

Metaplanet has 20,000 BTC following the addition of 1,009 BTC. To mitigate the risks posed by quantum computing, El Salvador is distributing its Bitcoin holdings across multiple wallets. The Trump-backed governance token World Liberty Financial will go public today, September 1, 2025. Token sales are capped at 20%. Solana’s SIMD-0326 “Alpenglow” proposal to reduce block finality time from 12.8 seconds to 150 milliseconds received an impressive 99.6% support.