As of August 1, 2025, the global cryptocurrency market capitalization stands at $3.78 trillion, reflecting a 2.66% decline over the past 24 hours. The broader market continues its cautious recovery, with investors rotating into fresh altcoins and meme tokens amid mixed sentiment. Despite the volatility, long-term prospects remain rooted in strong institutional flows, regulatory clarity, and continued innovation across DeFi, Layer-2, and blockchain infrastructure sectors.
Bitcoin is currently trading at $115,452, down 2.55% over the past 24 hours. Intraday price movement has ranged from $114,791 to $118,891, as BTC consolidates just below the significant $120,000 resistance.
Bulls are closely watching for a breakout above this level, which could propel BTC toward the $122,000 to $125,000 range. However, any pullback may find strong support near $114,000 or $113,000, regions where prior accumulation activity has been notable.
Ethereum is trading at $3,686, down approximately 4.51% over the past 24 hours. Price action has stayed within the $3,648 to $3,875 range, with ETH holding above crucial support thresholds.
Sentiment remains underpinned by institutional accumulation, upcoming protocol enhancements, and healthy spot ETF inflows. A breakout above $3,900 could fuel a rally toward $4,000, while a drop below $3,650 may expose downside targets around $3,550.
AVAX is currently trading at $22.41, down 5.74% in the last 24 hours. As a high-performance Layer-1 blockchain, Avalanche is gaining traction with developers and institutions for its speed and scalability.
Support is observed near $20, while resistance lies around $25. A successful breakout could send AVAX toward the $30 mark, particularly as capital rotates into efficient and scalable platforms.
Solana is currently priced at $170.56, down 5.32% in the last 24 hours. With network upgrades and rising traction in NFTs and gaming, Solana continues to lead among high-throughput blockchains.
Support is seen at $167, while resistance is around $176. A move above this level could extend the rally toward $180.
DOT is currently trading at $3.68, showing a decline of 5.17% in the past 24 hours. As Polkadot enhances its parachain framework and ecosystem governance, developer interest continues to grow.
Support is seen around $3.3, while resistance is noted near $4. A breakout above this range could see DOT pushing toward the $4.5 level in the coming sessions.
LINK is currently trading at $16.80, showing a 6.6% decrease in the past 24 hours. As a key oracle provider for smart contracts, Chainlink’s integrations continue to expand across the DeFi, AI, and traditional finance sectors.
Support is seen around $15, while resistance is noted near $18.5. A breakout above this could drive LINK toward the $21 level amid growing use cases.
PEPE is currently trading at $0.00001069, reflecting a 7.26% dip over the past 24 hours. With growing social media engagement and NFT integrations, PEPE continues to attract attention from speculative traders.
Support is seen at $0.000009452, while resistance lies around $0.000012. A rebound from current levels could push PEPE toward $0.000015, contingent on renewed meme coin interest.
Bonk is currently priced at $0.00002602, showing a 9% decrease over the past 24 hours. Despite the dip, BONK remains actively traded, supported by NFT communities and Solana ecosystem integration.
Key support is around $0.000024, with resistance at $0.000027. A push above could lead BONK to test the $0.000030 region, especially if meme token sentiment revives.
Even as price action remains mixed, crypto continues to reinforce its role in institutional portfolios. Key developments, including the expansion of spot ETFs, clarity from global regulators, and surging demand for decentralized infrastructure, are strengthening market fundamentals.
Innovations in cross-chain compatibility, scalable smart contract platforms, and real-world asset tokenization are also driving increased liquidity and capital deployment across the digital asset space.
With the total crypto market cap now at $3.78 trillion, showing a 2.66% decline, the market is undergoing a healthy recalibration. Bitcoin remains above $115K, while Ethereum shows resilience above $3.7K, both holding vital support levels.
Altcoins like AVAX, SOL, DOT, and LINK are all experiencing a pullback. As institutional adoption grows and on-chain innovation continues, staying attuned to sector shifts is crucial in navigating this dynamic crypto landscape.