As of August 5, 2025, the global cryptocurrency market capitalization stands at $3.74 trillion, reflecting a 0.47% increase over the past 24 hours. The broader market continues its cautious uptrend, as capital rotates into promising altcoins and newer memecoins amid optimistic sentiment. The market’s underlying strength is buoyed by increased institutional adoption, regulatory progress, and rapid innovation across DeFi, scalability layers, and tokenized assets.
Bitcoin is currently trading at $114,423, marking a marginal gain of 0.08% in the past 24 hours. Intraday trading ranged between $114,187 and $115,666, with BTC struggling to decisively break above the psychological resistance of $115,000.
Traders are watching for a confirmed breakout above $115K that could trigger a move toward $118,000-$120,000. In contrast, a dip may find strong buying support near $113,000 or $112,000, which have previously served as accumulation zones.
Ethereum is trading at $3,658, rising 3.55% over the past 24 hours. ETH has remained within the $3,526 to $3,730 range, showcasing stability above the critical $3.65K level.
Market optimism is supported by persistent institutional interest, consistent ETF inflows, and positive sentiment around Ethereum’s roadmap. A move above $3,700 may propel ETH toward $3,800, while any breakdown below $3,650 could test lower support near $3,520.
SOL is currently trading at $167.76, up by 3.40% in the last 24 hours. Solana continues to benefit from rising NFT and DeFi activity, coupled with strong developer growth.
Support is seen at $166, while resistance is placed around $172. A breakout above this could lead to a test of the $175-$178 range.
MATIC trades at $0.2134, gaining 6.22% in the last 24 hours. As a scaling solution for Ethereum, Polygon remains in demand with increasing zkEVM adoption and institutional integrations.
Support lies near $0.20, with resistance seen at $0.22. A move above this level could lead to a short-term rally toward $0.24.
LINK is priced at $16.76, up 1.46% in the past 24 hours. Chainlink continues to see demand amid growing real-world asset tokenization and oracle integrations across chains.
Support is around $16.40, while resistance stands near $17.20. A breakout could see LINK test $18 in the near term.
ADA is trading at $0.7488, gaining 2.17% over 24 hours. Cardano’s continued focus on governance upgrades and smart contract scaling sustains long-term investor interest.
Support is seen near $0.73, with resistance at $0.77. A push above could lift ADA toward the $0.80 mark.
PEPE is trading at $0.00001050, with a 0.33% rise over the last 24 hours. The memecoin remains driven by social media trends and speculative momentum.
Support is observed at $0.00001030, while resistance lies near $0.0000113. A surge in volume could push PEPE toward $0.000012.
FLOKI is priced at $0.00001079, down 0.31% in the past 24 hours. Continued marketing efforts and integration into DeFi platforms support FLOKI’s community appeal.
Support is seen around $0.0000995, with resistance at $0.0000113. A move beyond this range could see FLOKI test $0.000012.
Despite intermittent volatility, institutional confidence continues to rise with growing crypto allocations and positive ETF developments. Regulatory clarity across key markets and advancements in cross-chain protocols, zero-knowledge rollups, and real-world asset tokenization are enhancing market stability and investor engagement.
With the total crypto market cap at $3.74 trillion and a daily gain of 0.47%, digital assets remain resilient. Bitcoin is consolidating around $114.4K, while Ethereum sustains strength above $3.65K.
Altcoins like Solana, Polygon, Chainlink, and Cardano are showing steady momentum, while memecoins such as PEPE and FLOKI continue to draw speculative interest.
With innovation and adoption both on the rise, the crypto market remains in a constructive phase, with opportunities for both short-term traders and long-term investors.