Crypto Price Today: Bitcoin Dips Below $113K, Ethereum Holds Steady Near $4.3K, Altcoins Rally

Crypto Prices Today: Bitcoin Down 0.72%, Ethereum Flat, Market Cap Declines 0.82% to $3.84 Trillion
Crypto Price Today_ Bitcoin Dips Below $113K, Ethereum Holds Steady Near $4.3K, Altcoins Rally.jpg
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As of August 22, 2025, the global cryptocurrency market capitalization stands at $3.84 trillion, reflecting a 0.82% decrease over the past 24 hours. The broader crypto market is witnessing mild weakness as traders await macroeconomic cues and institutional positioning ahead of the month-end.

Bitcoin (BTC): Trading Just above $113K

Bitcoin is currently trading at $113,085, posting a 0.72% decline in the last 24 hours. Intraday movement has ranged between $112,800 and $113,700, with the world’s largest cryptocurrency struggling to hold the $113K level.

If Bitcoin can reclaim the $114,000-$115,000 zone, analysts believe it could trigger a recovery toward $118,000-$120,000. On the downside, strong support remains near $112,000-$112,500. The pressure follows cautious trading as markets brace for macroeconomic signals from the upcoming U.S. Federal Reserve meeting.

Ethereum (ETH): Steady Around $4.3K

Ethereum is trading at $4,290, marking a 0.03% increase in the past 24 hours. The second-largest cryptocurrency has fluctuated between $4,280 and $4,340, with buyers defending the $4,300 support zone.

A decisive move above $4,350-$4,400 could open the path toward $4,600-$4,700, while failure to hold $4,300 may invite a retest of $4,200. Institutional demand, DeFi expansion, and Layer-2 growth continue to support Ethereum’s medium-term outlook.

Altcoins:

Solana (SOL)

SOL is trading at $182.76, down 2.44% in the past 24 hours. Despite volatility, Solana remains a leader in high-speed blockchain transactions, with strong adoption in NFTs, DeFi, and gaming. 

Key support is near $178, while resistance lies at $185-$190. A breakout could drive SOL toward $200, though weakness may test $175.

XRP (XRP)

XRP is trading at $2.85, down 2.38%in the past 24 hours amid broader market caution. Despite the dip, it remains a leading token for cross-border payments, backed by Ripple’s growing network of global financial partners. 

Support is near $2.80, while resistance lies at $2.95-$3.00. A breakout could drive XRP toward $3.10, though weakness may test $2.75.

Avalanche (AVAX)

AVAX is trading at $23.06, down 1.25% in the last 24 hours. Known for high-throughput smart contracts, Avalanche continues to attract developers and DeFi projects.

Support is placed near $22, with resistance at $24. A breakout could lift AVAX toward $26-$28, while a dip may bring it closer to $21.

Chainlink (LINK)

LINK is trading at $24.81, down 3.46% in the past 24 hours. As a leading oracle network, Chainlink plays a crucial role in blockchain data connectivity.

Key support is near $24, while resistance lies at $26-$27. A breakout could drive LINK toward $29-$30, though weakness may test $23.b

Memecoins:

Dogecoin (DOGE)

DOGE is trading at $0.2174, down 1.82% in the past 24 hours. Dogecoin retains one of the largest and most engaged crypto communities, backed by strong liquidity and social media buzz. 

Support sits near $0.21, while resistance is at $0.22. A breakout could see DOGE push toward $0.24, but a slip below support may drag it closer to $0.20.

PEPE (PEPE)

PEPE is trading at $0.00001039, down 2.34% 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.

Market Outlook: Macro Uncertainty Weighs on Sentiment

The 0.82% 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.

Final Thoughts

With the total crypto market cap now at $3.84 trillion, Bitcoin struggles near $113,000, while Ethereum stabilizes around $4,300. Altcoins such as Solana, Avalanche, XRP, and Chainlink are displaying mixed momentum. Meanwhile, memecoins like Dogecoin and PEPE highlight the strong role of community enthusiasm and speculative trading in today’s market.

Despite short-term volatility, analysts remain cautiously optimistic about the cryptocurrency sector’s long-term trajectory, supported by institutional demand, Web3 innovation, and ongoing ecosystem growth.

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