Crypto Price Today: Bitcoin Below $108K, Ethereum Holds Near $4.3K, Altcoins Show Pullback

Bitcoin Down 1.42% to $107K, Ethereum Down 2.42% to $4.3K, Global Crypto Market Cap at $3.73 Trillion
Crypto Price Today_ Bitcoin Below $108K, Ethereum Holds Near $4.3K, Altcoins Show Pullback.jpg
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As of September 1, 2025, the global cryptocurrency market capitalization stands at $3.73 trillion, reflecting a 1.74% decline over the past 24 hours. The market continues to consolidate as Bitcoin and Ethereum trade near crucial levels, while altcoins and memecoins present a mixed picture amid cautious investor sentiment.

Bitcoin (BTC): Trading Below $108K

Bitcoin is currently trading at $107,322 with a decline of 1.42% in the last 24 hours, showing modest stability. Intraday movement has ranged between $107,000 and $109,000, with BTC holding below $108K support zone.

If Bitcoin can reclaim the $110K-$111K range, analysts suggest a rally toward $115K could unfold. On the downside, support near $108K remains critical as the asset consolidates within a narrow trading channel.

Ethereum (ETH): Trading at 4.3K

Ethereum is trading at $4,376, reflecting a 2.42% decline in the last 24 hours. The token has fluctuated between $4,350 and $4,480, with bulls trying to defend the $4,400 support area.

A decisive break above $4,480-$4,500 may open the door toward $4,600, while failure to hold above $4,400 could push ETH lower toward $4,300. Despite short-term weakness, Ethereum remains supported by its growing DeFi usage, institutional inflows, and advancements in scaling solutions.

Altcoins:

XRP (XRP)

XRP is trading at $2.73, down 4.09% in the past 24 hours. Its focus on cross-border payment solutions and regulatory clarity has continued to attract institutional attention.

Support lies near $2.60, while resistance is seen at $2.85. A breakout could push XRP toward $3.00, though weakness may retest the $2.50 zone.

Avalanche (AVAX)

Avalanche is trading at $23, down 3.79% in the past 24 hours. The Layer-1 blockchain remains a key player in decentralized finance, with ongoing ecosystem upgrades driving activity.

Support is seen near $22, while resistance lies around $24. A breakout above resistance could push AVAX toward $26, while failure to hold support may drag it back toward $21.

Chainlink (LINK)

Chainlink is trading at $22.91, down 3.99% in the past 24 hours. The project continues to strengthen its position as the leading oracle provider in Web3, with growing adoption across DeFi and enterprise solutions.

Support lies near $22, while resistance is seen at $24. A breakout above resistance could push LINK toward $26, while failure to hold support may drag it back toward $21.

Polkadot (DOT)

Polkadot is trading at $3.66, down 4.59% in the past 24 hours. The network’s parachain ecosystem continues to attract developer attention, bolstering long-term growth prospects.

Support lies around $3.50, while resistance is seen at $3.90. A breakout above resistance could push DOT toward $4.20, while failure to hold support may drag it back toward $3.30.

Memecoins:

Shiba Inu (SHIB)

Shiba Inu is trading at $0.00001201, down 3.66% in the past 24 hours. The token continues to enjoy strong community activity and high liquidity in the memecoin market.

Support is near $0.00001150, while resistance is at $0.000013. A breakout above resistance could push SHIB higher, but a slip below support may drag it closer to $0.000010.

PEPE (PEPE)

PEPE is trading at $0.000009406, down 5.49% in the past 24 hours. The token has seen a pullback after recent gains, fueled by speculative trading momentum.

Support lies around $0.000009, while resistance is seen at $0.000010. A strong move above resistance could trigger fresh upward momentum, while a failure to hold support may push it lower toward $0.0000085.

Market Outlook: Range-Bound Sentiment Dominates

The 1.74% decline in global market capitalization reflects ongoing caution, with Bitcoin and Ethereum consolidating at critical zones. Altcoins are showing a pullback, while memecoins like Shiba Inu and PEPE continue to attract speculative flows and community-driven attention.

Final Thoughts

With the crypto market cap at $3.73 trillion, Bitcoin is trading below $108K, while Ethereum holds near $4.3K. Altcoins are consolidating with mixed performance, and memecoins remain a speculative driver of market activity.

Despite short-term consolidation, analysts remain cautiously optimistic about the long-term outlook, supported by blockchain innovation, institutional interest, and the expansion of Web3 ecosystems.

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