Ethereum falls 3% in a week to $4,322; Bitcoin trades near $111K as gold draws attention

Ethereum has fallen nearly 3.81% over the past week, trading at $4,322 on Friday. Meanwhile, Bitcoin stabilised around $111,296. Experts say ETH has slipped amid continued ETF outflows and September’s weak seasonality, while BTC’s momentum remains unconvincing until it closes above $114,000. Additionally, fresh record highs in gold are drawing investors’ attention.

“Ethereum slipped ~3% to hover near $4,300 amid continued ETF outflows and September’s weak seasonality. Near term, a daily close above $114,000 would reset the tone; a drop below $106,000 could invite deeper downside,” said Vikram Subburaj, CEO of Giottus.com.

Also Read | AMFI announces appointment of new Chairman and Vice Chairman

“Bitcoin slipped back to ~$111,000 after failing to clear $112,500. The momentum looks unconvincing until there is a daily close above $114,000. If that level is not reclaimed, risk opens toward ~$106,000, while steady bids around $110,000 continue to cushion. Meanwhile, gold’s fresh record highs are drawing haven flows and stealing the spotlight,” he added.

According to another expert, Bitcoin is showing resilience and is trading near the $112K zone as bulls attempt to take control.

“Bitcoin is showing strong resilience, trading near the $112,000 zone as bulls attempt to take control. Meanwhile, Ethereum has gained back momentum, trading at $4,400 as buying activity from whales and institutions increased. ETH exchange reserves have fallen to a 3-year low, potentially leading to a supply shock, reducing sell-side pressure. If ETH manages to secure a daily close above $4,500, a move towards the external liquidity zone between $4,800 and $5,000 is likely, pushing ETH even further, while strong support forms above $4,300,” said Edul Patel, CEO of Mudrex.

At 10:16 AM IST, Bitcoin was trading at $111,367, marginally up by 0.14% over the past 24 hours and down by nearly 0.19% over the past week. Ethereum, meanwhile, was trading at $4,326, down by 1.89% in the past 24 hours and by 3.54% over the last seven days.

According to CoinMarketCap, the crypto sector’s overall market capitalization stood at around $3.82 trillion on Friday.

According to Subburaj of Giottus.com, roughly $300M in positions were liquidated across crypto over 24 hours. “This was led by Ethereum ($97M) and Bitcoin ($54M). Spot Bitcoin ETF flows have turned negative, reversing a two-day inflow streak. Macro risks remain in focus as US President Trump appealed to the Supreme Court to reinstate tariffs,” he added.

Also Read | Top equity mutual funds that delivered highest returns so far in 2025

Market perspective

Sathvik Vishwanath, Co-Founder & CEO, Unocoin

Bitcoin is stabilizing around $110K amid high network confidence, supported by record-breaking hash rates and increased institutional accumulation. Despite September’s historic volatility, analysts highlight strong on-chain fundamentals and growing safe-haven behavior. ETF inflows are rising, with Bitcoin funds nearing gold in assets under management, attracting younger, risk-tolerant investors.

Firms like MARA and the Trump-backed ABTC showcase corporate confidence in BTC’s long-term value. While short-term corrections remain likely, especially if $112K fails as support, optimism persists for a breakout toward $120K–$150K. Market focus now shifts to U.S. Fed policy and upcoming ETF approvals as critical price catalysts in the coming weeks.