Crypto Price Today: Bitcoin Trades Above $117,500, Ethereum Trading Near $4,600, Altcoins Show Strength

Crypto Market Update: BTC Above $117.5K, ETH Near $4,600, Altcoins Rally as Cap Climbs 1.73% to $4.11 Trillion
Crypto Price Today_ Bitcoin Trades Above $117,500, Ethereum Trading Near $4,600, Altcoins Show Strength---ico.jpg
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As of September 18, 2025, the global cryptocurrency market capitalization stands at $4.11 trillion, reflecting a 1.73% increase over the past 24 hours. The market continues to display optimism, with Bitcoin holding steady above $117,000 and Ethereum trading above $4,600, while altcoins and memecoins advance.

Bitcoin (BTC): Holding Above $117,500

Bitcoin is currently trading at $117,862, up 1.13% in the last 24 hours. Intraday movement has ranged between $115,900 and $118,000 as BTC breaks out from its consolidation phase and moves towards $118,000.

A break above the $117,500-$118,500 zone could open the path toward $120,000, while downside support sits near $114,500-$115,000, keeping the near-term outlook cautiously bullish.

Ethereum (ETH): Trading Above $4,600

Ethereum is trading at $4,624, up 2.58% over the past day. The price has oscillated between $4,400 and $4,700, with resistance seen in the $4,675-$4,685 range.

If ETH pushes past $4,700, it may target $4,800. A failure to hold support around $4,420 could lead to a pullback toward $4,200. On-chain accumulation remains moderate and speculative interest is still giving ETH a floor near current levels.

Altcoins:

Solana (SOL)

Solana is trading near $246.82, up about 5.04% over the past 24 hours on renewed interest in high-throughput chains. 

Support sits at $230, while resistance is just under $250. If buyers push through, a move to $255-$260 could be on the cards; failure could revisit $220.

Polygon (MATIC)

Polygon is currently trading at $0.2635, up 2.92% in the past 24 hours. Support is seen near $0.25, with resistance around $0.28. 

A bullish move could carry MATIC toward $0.30, while a pullback may revisit $0.24. Strong developer activity and steady Layer-2 adoption continue to support MATIC’s long-term outlook despite recent volatility.

Chainlink (LINK)

Chainlink trades at $24.14, up 3.35% as demand for oracle networks holds. Key support is at $22.50, resistance at $24.50. 

A bullish break could send it toward $25.50, while weakness risks a drop toward $21.80.

Toncoin (TON)

Toncoin is currently trading at $3.16, up 0.54% in the past 24 hours. Support is seen near $3.00, with resistance around $3.30. 

A sustained push higher could lift TON toward $3.50, while weakness might pull it back to $2.90. Growing adoption within Telegram’s ecosystem continues to provide a foundation for long-term interest in the token.

Memecoins:

Bonk (BONK)

Bonk is currently trading at $0.00002528, up 5.69% in the past 24 hours. Resistance is seen around $0.00002750, with support near $0.00002400. 

If buying momentum continues, BONK could attempt a move toward $0.00002900, while a pullback may revisit $0.00002300. Rising retail activity on Solana-based meme tokens continues to fuel short-term upside.

Shiba Inu (SHIB)

Shiba Inu is currently trading at $0.2827, up 5.96% in the past 24 hours. Immediate support is seen near $0.2700, while resistance lies around $0.2950. 

A breakout above resistance could open the path toward $0.3100, whereas a pullback may test the $0.2600 zone. Renewed community momentum and increasing burn activity are helping SHIB sustain its upward move.

Market Outlook: Sideways to Slightly Bullish with Risks

The 1.73% rise in global market cap reflects growing optimism, with Bitcoin stabilizing trading $117,000 and Ethereum holding key levels. Altcoins are showing strength especially those tied to Layer-2 or high throughput. Memecoins remain speculative, driven mostly by retail interest.

Final Thoughts

With total crypto market cap at $4.11 trillion, Bitcoin’s ability to stay above $117,000 and Ethereum’s consolidation above $4,600 suggest the market is digesting gains while awaiting major drivers Fed policy, macroeconomic data, and large institutional flows. Altcoins with strong use-cases offer selective opportunities; memecoins may provide short-term momentum, but carry higher volatility risks.

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