As of August 6, 2025, the global cryptocurrency market capitalization stands at $3.69 trillion, reflecting a 1.40% decline over the past 24 hours. The broader market remains in a consolidation phase as capital selectively rotates into high-potential altcoins and emergent memecoins amid cautious optimism. Institutional participation continues to support the market’s resilience, driven by progress in regulatory frameworks and rapid innovation across DeFi, Layer-1 scalability, and asset tokenization.
Bitcoin is currently trading at $113,413, marking a 0.80% decline over the past 24 hours. Intraday trading ranged between $112,764 and $115,010, as BTC struggled to maintain momentum above the crucial $115,000 resistance level.
Traders are closely monitoring for a decisive move above $115K, which could signal a breakout toward $118,000-$120,000. On the downside, strong buying interest is expected near $112,000-$113,000, where historical support and accumulation zones exist.
Ethereum is trading at $3,575, down 2.06% over the past 24 hours. ETH has fluctuated within a daily range of $3,554 to $3,686, with price action remaining just below the key $3,600 psychological level.
Market confidence is buoyed by sustained institutional demand, ETF flow stability, and continued development along Ethereum’s scalability roadmap. A break above $3,600-$3,610 could push ETH toward $3,700, while failure to hold $3,550 may invite further downside toward the $3,500 level.
Avalanche is currently trading at $21.71, down 4.5% over the last 24 hours. Despite the dip, AVAX continues to draw investor attention thanks to growing subnet adoption, NFT activity, and increasing institutional involvement in its DeFi ecosystem.
Support remains firm at $21.50, while resistance is seen near $23.50. A breakout above this zone could propel AVAX toward the $24-$25 range.
DOT is currently trading at $3.56, down 2.61% in the past 24 hours. Despite the decline, Polkadot remains a key player in the multichain ecosystem, backed by steady parachain progress and active developer engagement.
Support is seen near $3.50, while resistance lies around $3.80. A breakout above this zone could trigger a move toward the $4.00-$4.20 range.
XRP is currently trading at $2.91, down 4.91% over the past 24 hours. Despite the pullback, XRP continues to hold relevance in the global payments sector, driven by expanding remittance use cases and growing regulatory acceptance across key markets.
Support is seen near $2.80, while resistance is positioned around $3.10. A breakout above this level could open the door for a move toward the $3.25-$3.40 range.
XLM is trading at $0.3869, down 4.70% in the past 24 hours. Stellar continues to attract interest due to its global payment partnerships and expanding cross-border infrastructure.
Support is seen around $0.38, while resistance is placed at $0.42. A successful push higher could lift XLM toward $0.44-$0.45.
PEPE is priced at $0.00001005, down 4.32% in the past 24 hours. Sustained hype and speculative volume keep PEPE among the more active meme assets.
Support is seen around $0.00009910, with resistance at $0.0000106. A move beyond this could drive PEPE to test $0.000011-$0.000012.
PENGU is trading at $0.03284, down 6.40% in 24 hours. Closely linked to its NFT ecosystem, the coin benefits from high engagement and upcoming ecosystem expansions.
Support is observed at $0.030, while resistance is noted near $0.035. A break above could see PENGU reach toward $0.039-$0.040.
Despite the day’s 1.24% drop in total market capitalization, the underlying market remains structurally strong. Continued inflows from institutional investors, regulatory advancements, and innovations in tokenization, cross-chain infrastructure, and scalability solutions bolster the crypto market’s resilience and long-term trajectory.
With the total crypto market cap at $3.69 trillion and a daily loss of 1.40%, digital assets are in a cooling phase after recent gains. Bitcoin is consolidating around $113.4K, while Ethereum is testing key support below $3.6K.
Altcoins such as Avalanche, Polkadot, XRP, and Stellar are experiencing a pullback, while memecoins like PEPE and Pudgy Penguins continue to engage speculative investors with fresh narratives and active communities.
Despite short-term volatility, innovation, adoption, and regulatory progress remain robust, positioning the crypto market for future upside across both short- and long-term horizons.