As of August 20, 2025, the global cryptocurrency market capitalization stands at $3.83 trillion, reflecting a 1.64% decline over the past 24 hours. The broader crypto market remains under pressure as traders react to global macroeconomic signals, particularly uncertainty surrounding central bank policy and shifting institutional positioning.
Bitcoin is currently trading at $113,635, recording a 1.06% decline in the last 24 hours. Intraday movement has ranged between $112,724 and $116,476, with the world’s largest cryptocurrency struggling to hold momentum above the $115K level.
If Bitcoin can sustain a move back above $115,000-$116,000, analysts believe it could trigger a rally toward $118,000 to $120,000. On the downside, strong support remains near $112,000-$113,000.
The weakness has been largely attributed to profit-taking and cautious investor sentiment following recent highs above $124K.
Ethereum is trading at $4,161, marking a 1.21% decline over the past 24 hours. The second-largest cryptocurrency has fluctuated between $4,100 and $4,300, with bearish momentum limiting its upside attempts.
A decisive move above $4,300-$4,350 could open the path toward $4,600 to $4,700, while failure to stay above $4,100 may result in a retest of lower supports. Despite short-term pressure, Ethereum continues to benefit from strong institutional demand, expanding Layer-2 adoption, and steady DeFi ecosystem growth.
XRP is trading at $2.89, down 3.14% in the past 24 hours. Despite the dip, it remains a leading token for cross-border payments, backed by Ripple’s growing network of global financial partners.
Key support is near $2.80, while resistance lies at $3.00. A breakout could drive XRP toward $3.10-$3.20, though a slip may test $2.75. Investors continue to see XRP as one of the more utility-driven altcoins compared to speculative peers.
XLM is trading at $0.3961, down 2.52% in the last 24 hours. Known for its role in remittance services and CBDC projects, Stellar continues to see adoption in global payment networks.
Support is placed near $0.39, with resistance at $0.41. A breakout could lift it toward $0.43, while weakness may drag it back toward $0.38.
SOL is trading at $1.81, up 1.59% in the past 24 hours. Despite volatility, Solana remains a leader in high-speed blockchain transactions, with strong adoption in NFTs, DeFi, and gaming.
Support is seen near $1.75, while resistance lies at $1.90. A breakout could drive it toward the $2.00 mark, strengthening its short-term momentum.
ADA is trading at $0.8505, down 5.62% in the past 24 hours. The blockchain continues to advance in smart contracts, staking, and scaling upgrades, supporting its long-term growth outlook.
Key support lies at $0.84, while resistance is around $0.88-$0.90. A rebound could push ADA back toward the $0.95-$1.00 range, though short-term pressure remains evident.
DOGE is trading at $0.2131, down 1.61% in the past 24 hours. Despite its volatility, Dogecoin retains one of the largest and most engaged crypto communities, backed by strong liquidity and social media buzz.
Immediate support is near $0.21, while resistance stands around $0.22. A breakout could see DOGE push toward $0.24, but a slip below support may drag it closer to $0.20.
PEPE is trading at $0.00001039, down 0.24% in the past 24 hours. The memecoin remains heavily driven by community hype and social media activity, keeping it volatile but popular among retail traders.
Key support sits at $0.0000102, while resistance is around $0.0000108-$0.0000110. A breakout could lift PEPE toward $0.0000115-$0.000012, though sharp swings are likely to continue.
The 1.64% decline in total crypto market capitalization highlights fragile momentum as traders remain cautious. However, institutional adoption, the expansion of blockchain networks, and the rise of DeFi and Web3 continue to support long-term optimism.
With the total crypto market cap now at $3.83 trillion, Bitcoin’s slide below $114,000 and Ethereum’s consolidation near the $4,160 level marks the current retracement phase. Altcoins such as XRP, Stellar, Solana, and Cardano are showing a mix of retracements and resilience, while memecoins like Dogecoin and Pepe continue to capture speculative attention.
Despite short-term turbulence, analysts remain confident that the cryptocurrency market is poised for long-term growth, fueled by institutional demand, technological innovation, and expanding ecosystem development across major blockchain networks.