Bitcoin Dips Below $110K: Market Data Reveals Altcoin Weakness Amid Dominance Decline

On August 29, 2025, Bitcoin’s price tumbled to $108,500-$109,200, marking a 3-4% drop in the last 24 hours. This decline is accompanied by a notable dip in Bitcoin dominance, dropping from 64% earlier this month to around 56-57%, signaling a shift in market dynamics. A confluence of factors contributed to this volatile performance, including options expiry and investor sentiment towards altcoins.