Crypto Price Today: Bitcoin Nears $113K, Ethereum Surges Toward $4.8K, Altcoins Retreat

Crypto Price Today: Market Cap Falls to $3.93 Trillion as Bitcoin Slips Below $113K, Ethereum Trades at $4,730
Crypto Price Today_ Bitcoin Nears $113K, Ethereum Surges Toward $4.8K, Altcoins Retreat--ico.jpg
Published on

As of August 25, 2025, the global cryptocurrency market capitalization stands at $3.93 trillion, reflecting a 1.63% decrease over the past 24 hours. The broader crypto market is showing resilience, supported by institutional inflows and optimism surrounding macroeconomic trends.

Bitcoin (BTC): Trading Just Below $113K

Bitcoin is currently trading at $112,743, posting a 2.14% decline in the last 24 hours. Intraday movement has ranged between $112,700 and $115,500, 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 comes as markets react to cautious signals from the US Federal Reserve, with no imminent rate cuts expected.

Ethereum (ETH): Strengthening Near $4.8K

Ethereum is trading at $4,730, marking a 1.28% decrease in the past 24 hours. The second-largest cryptocurrency has fluctuated between $4,700 and $4,850, with buyers firmly defending the $4,700 support zone.

A decisive move above $4,800-$4,850 could open the path toward $5,000-$5,500, while failure to hold $4,700 may invite a retest of $4,600. Institutional demand, DeFi growth, and Layer-2 expansion continue to support Ethereum’s medium-term outlook.

Altcoins:

Chainlink (LINK)

LINK is trading at $25.80, down 0.29% in the past 24 hours. Despite short-term volatility, Chainlink remains a leader in blockchain data connectivity, with expanding use cases in both DeFi and traditional finance. 

Support is near $22, while resistance lies at $28-$30. A breakout could drive LINK toward $32, though weakness may test $21.

Stellar (XLM)

XLM is trading at $0.4054, down 1.98% in the past 24 hours. As a leading blockchain network for remittances and cross-border payments, Stellar continues to attract investor attention due to its strong ecosystem and partnerships with financial institutions. 

Support is near $0.40, while resistance lies at $0.42-$0.44. A breakout could lift XLM toward $0.45, while further weakness may test $0.39.

XRP (XRP)

XRP is trading at $3.01, down 1.09% in the last 24 hours. As a leading token for cross-border payments, it continues to benefit from Ripple’s expanding network of global financial institutions.

Support is near $2.90, while resistance lies at $3.00-$3.05. A breakout could drive XRP toward $3.10, though weakness may test $2.85.

Binance Coin (BNB)

BNB is trading at $875.22, down 0.65% in the past 24 hours. Backed by the Binance exchange ecosystem, it remains one of the strongest altcoins, with expanding use cases in DeFi, staking, and payments. 

Support is near $860, while resistance lies at $888-$890. A breakout could lift BNB toward $900, while weakness may test $800.

Memecoins:

Dogecoin (DOGE)

DOGE is trading at $0.2294, down 2.88% in the past 24 hours. Dogecoin continues to maintain a strong community presence, supported by high liquidity and recurring social media buzz.

Support sits near $0.21, while resistance is at $0.22-$0.23. A breakout could see DOGE push toward $0.24, but a slip below support may drag it closer to $0.20.

Shiba Inu (SHIB)

SHIB is trading at $0.00001296, down 1.67% in the past 24 hours. Despite volatility, Shiba Inu retains one of the largest meme-driven communities and continues to expand through token burns and ecosystem projects. 

Support is near $0.0000127, while resistance lies at $0.0000135. A breakout could drive SHIB higher toward $0.000014, though weakness may test $0.000012.

Market Outlook: Institutional Flows Fuel Optimism

The 1.63% increase in total crypto market capitalization highlights improving momentum across the sector. While Bitcoin consolidates below key resistance, Ethereum’s strength and breakout moves among select altcoins are reinforcing bullish sentiment. Memecoins, meanwhile, continue to capture speculative energy in the market.

Final Thoughts

With the total crypto market cap now at $3.93 trillion, Bitcoin trades near $113,000 while Ethereum strengthens toward $4,800. Altcoins are displaying resilience amid a slight pullback. Meanwhile, memecoins like Dogecoin and Shiba Inu underscore the ongoing role of community-driven speculation in today’s market.

Despite short-term fluctuations, analysts remain cautiously optimistic about the cryptocurrency sector’s long-term growth, supported by institutional adoption, Web3 innovation, and expanding blockchain ecosystems. 

ICO Desk | Crypto News
icodesk.io