As of August 12, 2025, the global cryptocurrency market capitalization stands at $3.96 trillion, reflecting a 2.32% decrease over the past 24 hours. The broader market is experiencing consolidation after recent gains, with some top altcoins and memecoins posting minor rebounds despite overall bearish pressure. Institutional inflows, network upgrades, and DeFi adoption remain key themes supporting long-term sentiment.
Bitcoin is currently trading at $119,094, marking a 2.17% decline over the past 24 hours. Intraday trading has ranged between $118,300 and $119,300, with BTC holding steady just under the $119K level.
A strong breakout above $119K could set the stage for a move toward $120,000-$122,000, while on the downside, strong support is expected around $118,000.
Ethereum is trading at $4,311, reflecting a 0.30% decrease in the past 24 hours. ETH has fluctuated within a daily range of $4,210 to $4,320, maintaining momentum above the $4,200 psychological level. Continued network upgrades and institutional interest in DeFi projects are sustaining investor confidence.
A strong break above $4,300 could push ETH toward $4,350-$4,400, while failure to hold the $4,200 level could invite a pullback toward $4,100.
XRP is currently trading at $3.16, down 3.09% over the last 24 hours. Growing adoption in cross-border payments and institutional partnerships continues to support the long-term outlook.
Support is near $3.10, while resistance lies at $3.25. A breakout above this could send XRP toward $3.30.
SOL is trading at $176.55, marking a decline of 5.06% in the past 24 hours. Strong NFT and DeFi ecosystem activity on the Solana blockchain continues to drive interest.
Support is solid around $172, while resistance is observed near $180. A breakout above could push SOL toward $185.
HYPE is priced at $43.36, representing a 5.90% decrease over the past day. Strong developer engagement and integration with trading platforms are boosting long-term prospects.
Support is seen at $42, while resistance is near $45. A breakout above this level could drive HYPE toward $47.
AVAX is trading at $23.17, down 5.49% in the past 24 hours. Avalanche’s scaling solutions and subnet growth continue to attract developers.
Support is at $22.50, while resistance stands at $24.50. A breakout above could send AVAX toward $25.00.
DOGE is priced at $0.2261, down 5.74% in the past 24 hours. Its active online community and payment integrations are driving continued interest.
Support is seen at $0.22, with resistance at $0.24. A breakout could propel DOGE toward $0.25.
SHIB is trading at $0.00001309, down 5.31% in the past 24 hours. Its strong meme culture and ongoing burn mechanisms are sustaining community enthusiasm.
Support is observed at $0.0000128, while resistance is near $0.0000135. A push past this level could see SHIB reach $0.0000138.
The crypto market’s 2.32% decrease in total market capitalization reflects near-term caution but also highlights opportunities in select sectors. Ongoing institutional interest, blockchain scalability advancements, and cross-chain integrations are laying the groundwork for the next growth cycle.
With the total crypto market cap at $3.96 trillion, Bitcoin is consolidating at $119K, while Ethereum holds above $4.2K, signaling potential for further movement once key resistance levels are broken.
Altcoins such as XRP, Solana, Hyperliquid, and Avalanche are down, while memecoins Dogecoin and Shiba Inu remain volatile but continue to benefit from strong community backing.
As macro conditions stabilize and blockchain adoption expands, the crypto market appears poised for renewed momentum.