![[LIVE] Crypto Update Today, August 28 – Bitcoin Stays Above $112K While Treehouse (TREE) and Numeraire (NMR) Experience Significant Double-Digit Increases: What’s the Next Cryptocurrency Poised for a Breakout?](https://i2.wp.com/99bitcoins.com/wp-content/uploads/2025/04/Fatima99btc.jpg?w=770&resize=770,470&ssl=1 "[LIVE] Crypto Update Today, August 28 – Bitcoin Stays Above $112K While Treehouse (TREE) and Numeraire (NMR) Experience Significant Double-Digit Increases: What’s the Next Cryptocurrency Poised for a Breakout?")
[LIVE] Crypto Update Today, August 28 – Bitcoin Stays Above $112K While Treehouse (TREE) and Numeraire (NMR) Experience Significant Double-Digit Increases: What’s the Next Cryptocurrency Poised for a Breakout?
At last, Bitcoin’s value remains steady above $112K while altcoins Numeraire (NMR) and Treehouse (TREE) experience impressive double-digit increases. They are not alone in this scenario. Numerous altcoins are showcasing strength even with the fear and greed index hovering in a neutral zone. We cannot overlook the surge of CRO after Trump Media revealed its investment plan. Could this indicate a shift of capital toward altcoins? Which crypto might be the next to skyrocket?
DISCOVER: Top 20 Crypto to Purchase in 2025
NMR, TRE, and CRO Are Currently in the Limelight – What Could Be the Next Crypto to Take Off?
Let’s discuss the triumphs over the last few days. Numeraire (NMR) has demonstrated considerable momentum lately. Established in 2017, the AI-powered crypto token skyrocketed more than 150% within 48 hours, surpassing multi-week resistance levels and experiencing heightened trading activity on key exchanges. At the time of writing, NMR has risen 43% in 24 hours, trading at $21.36 and reversing months of decline. While it remains down 33% year-to-date, it has experienced a 37% increase in the past week, earning its place among the top performers.
The sudden gain in NMR came after reports that JPMorgan Asset Management invested in its decentralized hedge fund, unlocking $500 million in capacity.
EXPLORE: Dolomite Crypto Soars After Binance Listing: Is It Linked To Trump?
Alongside NMR, CRO has also garnered attention. Trump Media & Technology Group confirmed a $105 million acquisition of CRO tokens via a new collaboration with Crypto.com. This treasury-style investment lifted CRO by 56% in the last 24 hours with a trading volume of $2 billion, although the coin still sits 50% beneath its prior all-time high.
Meanwhile, Upbit, the largest crypto exchange in South Korea, has listed Treehouse (TREE) with KRW, Bitcoin, and USDT trading pairs. Treehouse is a decentralized fixed income network that introduces tAssets, yield-optimized locking tokens tokens, and Decentralized Offered Rates (DOR), a system that harmonizes on-chain interest rates. The TREE token facilitates governance, earning yield, and rewards.
The TREE coin is currently up 45%, trading at $0.45, yet it remains 28% below the $0.65 peak achieved following the listing update.
JUST IN: $TREE (@TreehouseFi) surged 77.4% in the past hour after @Official_Upbit revealed its listing. pic.twitter.com/RV8oaf6iUb
— CoinGecko (@coingecko) August 28, 2025
Bitcoin continues to trade robustly above $113K, bolstered by ETF inflows enhancing its durability. The leading digital currency boasts a $2.21 trillion crypto market cap and a daily trading volume nearing $40 billion, indicating persistent accumulation despite broader trading market uncertainty.
Want to know the other major developments in crypto? Stay connected to our real-time updates below.
American Bitcoin, Owned by Donald Trump’s Sons, to Merge with Gryphon Digital Block rewards and Target Nasdaq Listing
American Bitcoin, a crypto mining company owned by two sons of former U.S. President Donald Trump, has received backing from both cryptocurrency and traditional investors to pursue an all-stock merger. This merger, which is set to be finalized soon, involves a combination with Gryphon Digital Block rewards (GRYP.O) and aims for a Nasdaq listing in early September.
Asher Genoot, CEO of Hut 8 (HUT.O), which owns 80% of American BTC, stated that this initiative will position the firm for greater crypto market exposure and institutional investment.
Jupiter and Raydium Heat Up: Are Solana Meme Coins Ready for an Exciting September?
Jupiter and Raydium are in the spotlight as Solana meme coins heat up this September, with liquidity battles, fresh launches, and institutional investments driving the digital currency crypto market into a frenzy.
BTC is now experiencing significant capital rotation into smaller caps like ETH and Solana, a trend that may signal the onset of the next major alternative coin season.
With meme coins already surging and available volume flowing into Solana, it appears the stage is set for a retail-driven wave through September.
Are BTC and institutions preparing the groundwork for Alternative coin season: What insights do Jupiter and Raydium provide?
The post [LIVE] Crypto News Today, August 28 – Bitcoin Holds Above $112K as Treehouse (TREE) and Numeraire (NMR) Crypto Surge with Double-Digit Gains: Next Crypto To Explode? appeared first on 99Bitcoins.
