{"content":"🚀 Bitcoin Steadies at ATH — ETH & XRP Gear Up for a Rebound Bitcoin achieved a record $124,474 before Thursday's dip and is approaching $118,700 on Friday. Ethereum's $4,488 support suggests a comeback. XRP slips below $2.99, with bulls hoping for a comeback. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) held at important support levels on Friday after falling 4%, 4.26%, and 5.96% the day before. After the Bureau of Labor Statistics (BLS) announced US Producer Price Index (PPI) data on Thursday, the top 3 cryptocurrencies pulled down. The market is risk-off since the PPI statistics surpassed experts' estimates, indicating that US inflation is rising. Bitcoin hit an all-time high of $124,474 on Thursday but fell 4% the same day. On Friday, it trades about $118,900. BTC might reach its record high of $124,474 if it maintains above $116,000 support. However, daily closures below $116,000 might extend the drop below $111,980, the next critical support. Ethereum price inches from historic highs Ethereum set a new annual high of $4,788 on Thursday, close to its record high of $4,868. Unfortunately, it fell 4.26% that day. It rebounded somewhat to $4,624 on Friday. If ETH remains above $4,488 support and continues its rebound, it might reach its November 10, 2021 record high of $4,868. ETH may fall to $3,946 if it corrects. XRP gets important support. Thursday, XRP fell 5.96% from its daily level at $3.40, challenging its major support around $2.99. As of Friday, it's trading about $3.11. XRP may climb to $3.40, its next daily barrier, if it remains over $2.99. If XRP closes below $2.99, it might fall to $2.72. #BTCBreaksATH #ETH5kNext? #xrp #BNBBreaksATH #ETHRally $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/15/bcb145497527472b8f81814b48c2e9e8.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}