As of August 19, 2025, the global cryptocurrency market capitalization stands at $3.87 trillion, reflecting a 0.81% decline over the past 24 hours. The broader crypto market has seen mild profit-taking, as investor sentiment remains cautious due to ongoing macroeconomic uncertainty and fading optimism around Federal Reserve rate cuts.
Bitcoin is currently trading at $115,166, recording a modest 0.3% decline in the last 24 hours. Intraday activity has ranged between $114,742 and $116,997, with the world’s largest cryptocurrency struggling to maintain momentum above the $116K level.
If Bitcoin can sustain a move above $117,000, analysts believe it could set the stage for a rally toward the $122,000 to $125,000 range. On the downside, strong support remains between $114,000 and $115,000.
The current weakness has been attributed to profit-taking after last week’s highs above $124K, alongside reduced expectations of monetary easing.
Ethereum is trading at $4,230, representing a 2.38% decline over the past 24 hours. The second-largest cryptocurrency has fluctuated between $4,220 and $4,385 in the same period, with bearish momentum capping its upward attempts.
A decisive move above the $4,350 to $4,400 resistance area could open the path for gains toward $4,600 to $4,700. On the downside, failure to hold above $4,300 may result in a retest of lower supports near $4,200.
Despite the short-term pressure, Ethereum’s fundamentals remain strong. Growth in staking, rising institutional involvement in DeFi, and ongoing ecosystem expansion continue to support long-term optimism.
Solana is trading at $179.33, down about 2.02% in the past 24 hours after failing to hold above the $185 threshold. While the price has softened, Solana’s reputation for high-speed transactions and an expanding developer ecosystem continues to underpin strong fundamentals. Support is seen near $175, with resistance closer to $190. A move above this level could take SOL to $200.
Cardano is priced at $0.9026, reflecting a 2.36% decline in the last 24 hours. The blockchain’s ongoing progress in smart contracts and DeFi integration provides a solid foundation for long-term growth, even as short-term sentiment weighs on the token. ADA currently holds support at $0.88, with resistance expected around $0.95.
BNB is trading at $847.99, up 1.12% in the past 24 hours. BNB continues to benefit from its central role in the Binance ecosystem and expanding use cases across DeFi and NFT projects. Analysts point to strong support around $827, while resistance is seen at $855. A strong breakout with volume above this level could take BNB to $865-$870.
HYPE is currently priced at $42.21, reflecting a 4.43% decline over the past 24 hours. As one of the newer altcoins gaining traction, Hyperliquid’s focus on decentralized trading infrastructure has attracted attention, although high volatility remains a defining factor. Support lies near $40, while resistance stands at $46.
SHIB is trading at $0.00001251, down about 1.50% in the past 24 hours. Despite the decline, Shiba Inu continues to benefit from strong community support and growing NFT initiatives. If the price manages to break above resistance at $0.000013, it could climb toward the $0.000015 to $0.000017 range, while immediate support sits near $0.000011.
FLOKI is currently priced at $0.0001016, representing a 1.57% decline in the last 24 hours. The token remains highly volatile but retains attention through social media-driven hype and ongoing ecosystem development. FLOKI has support near $0.000098, while resistance is positioned at $0.00011. A breakout could send the token toward $0.00014.
The 0.81% decline in total crypto market capitalization reflects the fragility of short-term momentum as traders remain cautious. However, institutional adoption, the continued scaling of blockchain networks, and steady growth in DeFi and Web3 innovation remain strong tailwinds that keep optimism alive for the medium to long term.
With the total crypto market cap now at $3.87 trillion, Bitcoin’s dip below $116K and Ethereum’s consolidation near $4.2K mark the current retracement phase. Altcoins such as Solana, Cardano, BNB, and Hyperliquid have eased but remain supported by strong fundamentals, while memecoins like Shiba Inu and Floki continue to demonstrate high volatility largely driven by community engagement.
Despite short-term turbulence, analysts remain confident that the cryptocurrency market is poised for long-term growth, supported by institutional demand, technological innovation, and ongoing ecosystem development across major blockchain networks.