Ethereum News Today: Bitcoin and Ethereum Maintain Upward Momentum Amid Stable Crypto Funding Rates

The cryptocurrency market in August 2025 has demonstrated a mix of optimism and caution, as funding rates on key centralized and decentralized exchanges show predominantly bullish trends [1]. Despite some short-term corrections and bearish fluctuations, the broader sentiment remains supportive of market stability, with major assets like Bitcoin (BTC) and Ethereum (ETH) maintaining upward momentum [1]. This resilience is reflected in the continued inflows into DeFi protocols and the strong performance of leading digital assets.

Data from platforms such as Binance, OKX, and dYdX reveals that positive funding rates have persisted across the board, with many rates staying above 0.01%, a sign of continued long positioning by traders [1]. These figures, according to CoinGlass, indicate an environment where market participants are not signaling a widespread bearish phase, contradicting some earlier reports of a market downturn [1]. Instead, the current climate is characterized by a recalibration following a strong ETF-driven rally in June and early July, where Bitcoin and Ethereum saw significant price appreciation [2].

Analysts remain cautiously optimistic about the potential for further gains. Harvey of Wolfe Research noted that the current consolidation phase could provide a strong base for a future breakout [2]. Similarly, Ray Youssef of the NoOnes app expects relatively low price volatility in August, though active positioning among investors is likely [2]. The Bitcoin price range of $114,000 to $120,000 is seen as a key indicator of whether a new macroeconomic catalyst will drive further movement [2].

Ethereum has shown particular strength, driven by ETF inflows and increased activity among large holders [2]. Pauline Shangett of ChangeNOW suggested that Ethereum may outperform Bitcoin in a choppy market [2], a view supported by recent whale activity and project developments in the Ethereum ecosystem. Altcoins such as Solana, Avalanche, and Hedera are also drawing attention as potential breakout candidates, with Toncoin showing bullish technical signals following a funding boost from STONfi [3][4].

Investor positioning is also shifting, with capital moving away from Bitcoin into Ethereum and smaller tokens. This trend is mirrored in the performance of related stocks, where companies such as Coinbase, Galaxy Digital, and Bitmine Immersion have seen strong returns [2]. The options market, however, has begun to price in higher risk for Ethereum compared to Bitcoin, signaling a nuanced shift in sentiment [5].

Looking ahead, the September Federal Reserve meeting and potential geopolitical developments remain key factors that could influence the market [2]. Analysts are closely monitoring Ethereum’s support levels between $2,900 and $3,200 and Bitcoin’s potential support near $103,000–$109,000 [2]. While the broader market has cooled from its peak, pockets of optimism remain, with strategic buying evident across the ecosystem.

Source:

[1] Crypto Funding Rates Show Bullish Trends in August 2025 (https://coinmarketcap.com/community/articles/688fd3a3b3afd664ab382f63/)

[2] Crypto Market Cools in August After ETF-Driven Summer Rally (https://cryptorank.io/news/feed/342bf-crypto-rally-faces-august-chill)

[3] What Are the Next Cryptos to Explode in August 2025? (https://www.bitget.com/news/detail/12560604892838)

[4] Toncoin Technical Analysis Signals Bullish Momentum (https://thecurrencyanalytics.com/altcoins/toncoins-bullish-run-continues-as-stonfi-bags-9-5m-funding-from-top-investors-188512)

[5] Are Traders Done With Ether? Options Market Now Prices Higher Risk for ETH Than BTC (https://www.coindesk.com)