Crypto Prices on August 4, 2025: Bitcoin and Altcoins Rebound as Market Optimism Strengthens

Jakarta, August 4, 2025 – The crypto asset market kicked off the week with a wave of positive sentiment. On Monday morning trading (August 4, 2025), several major cryptocurrencies showed a solid rebound. Bitcoin (BTC) rose by more than 1% in the last 24 hours, accompanied by gains in most altcoins, as ETF inflows stabilized and institutional sentiment began to strengthen once again.

Bitcoin Surges Past USD 114,000 as Short-Term Sentiment Improves

According to CoinMarketCap data cited by Liputan6, Bitcoin was priced at USD 114,178, marking a 1.04% daily increase—though still down by 4.36% on the weekly chart. In Indonesian rupiah, BTC was trading at approximately IDR 1.88 billion per coin, based on an exchange rate of IDR 16,490/USD.

Bitcoin has also reportedly entered the CME gap zone between USD 113,870 and USD 117,000, which is viewed from a technical perspective as a potential bullish signal, with short-term price targets aiming for USD 125,000 or higher.

Altcoins Rebound, XRP Leads the Rally

According to Blockchain Reporter, several major altcoins also experienced a rally. Highlights include:

• Ethereum (ETH) gained 3.76%

• Solana (SOL) increased by 2.61%

• Polkadot (DOT) climbed 3.46%

• XRP posted the highest gain among major assets, surging 8.08% and trading around USD 3.02

This development indicates a broad recovery in altcoin market sentiment, particularly following the sharp correction seen in late July.

Key Drivers Behind the Price Recovery

Several catalysts contributed to today’s rebound:

• Massive long liquidations at the end of July created oversold conditions, which are now beginning to recover.

• Ongoing inflows into spot Bitcoin ETFs have strengthened, reinforcing institutional investor support for BTC and related altcoins like ETH.

• The closure of the CME gap zone has provided a technical boost, paving the way for a retest of critical resistance between USD 117,000 and USD 120,000.

Weekly Analysis and Price Projections

While daily sentiment has improved, weekly pressure remains visible. Over the past seven days, Ethereum and Solana have each declined between 8% and 13%.

However, historical patterns show that such corrective phases often precede altseason rallies. In both August 2023 and 2024, early-month corrections were followed by sharp upward moves of 149% to 159% in the subsequent month.

If the technical support zone—particularly the CME gap—can be held, and institutional flows continue, Bitcoin could have a strong chance of testing the resistance range between USD 125,000 and USD 140,000 in the coming weeks.

Today’s price movement marks a potential trend reversal following recent liquidation pressures and macro uncertainty. Crucial technical zones and strong institutional backing through ETFs form a solid foundation for a broader market recovery—especially for Bitcoin.

Meanwhile, altcoins are beginning to post a more aggressive rebound, with XRP leading the daily rally. If this momentum persists, early August 2025 could serve as a pivotal turning point toward a broader crypto market uptrend.