Crypto Price Today: Ethereum above $3.6K, Bitcoin below $116K, Altcoins dip amidst market fluctuations

Global Crypto Market Drops to $3.77 trillion: Bitcoin Dips Below $116,000, Ethereum Steadies Above $3,600
Crypto Price Today_ Ethereum above $3.6K, Bitcoin below $116K, Altcoins dip amidst market fluctuations---ico img.jpg
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As of July 25, 2025, the global cryptocurrency market capitalization stands at $3.77 trillion, reflecting a 2.61% decrease over the past 24 hours. Although the market has seen a decline, its resilience remains strong, supported by growing institutional involvement, continued regulatory developments, and the expansion of decentralized finance (DeFi) platforms. The progress of emerging blockchain ecosystems and decentralized applications (dApps) suggests an optimistic long-term outlook.

Bitcoin (BTC): Trading near $115.706, declines 2.2%

Bitcoin is currently trading at approximately $115,706, showing a 2.25% decline over the past 24 hours. The intraday range has spanned from roughly $115,190 to $119,436, indicating continued volatility within this lower side of support.

Although Bitcoin had been expected to hold above $120,000, the current market shows weakness. A drop below $115,000 may trigger further testing of support levels around $112,000 to $113,000. On the other hand, recovery toward $119,000-$120,000 would represent a key resistance zone and test for renewed bullish momentum.

Ethereum (ETH): slides to $3.62K, support holds

Ethereum is trading at $3,625, down 0.2% over the past 24 hours. After ranging between $3,530 and $3,757, ETH is holding key support near $3,550. Despite the dip, optimism remains high due to ongoing Ethereum 2.0 developments and strong DeFi activity. 

A rebound above $3,700 could lead to a test of the $3,900 resistance, while a drop below support may trigger further downside.

Altcoins:

Solana (SOL): Trades near $180

Solana is currently priced at $178.77, reflecting a 4.83% decline in the past 24 hours. Known for its fast transaction speeds and low fees, Solana remains a major player in the smart contract ecosystem. Continued growth in DeFi, NFT adoption, and network scalability efforts fuel long-term interest from developers and investors alike.

Key support for Solana lies around $172, with resistance seen near $185. A break above resistance could reignite bullish momentum, potentially setting up SOL for further gains in the near term.

Cardano (ADA): Steady at $0.81

Cardano is trading at $0.8061, showing a modest 0.2% increase in the past 24 hours. Despite previous declines, Cardano remains a top contender in the smart contract space, supported by academic research, sustainability initiatives, and expanding partnerships in the DeFi ecosystem.

Support is seen near $0.78, with resistance around $0.85. A successful breakout above resistance could set the stage for a move toward $0.90, while continued ecosystem development reinforces long-term investor confidence.

Chainlink (LINK): Faces pressure after 2.7% drop

Chainlink is currently priced at $17.53, reflecting a 2.69% decrease in the past 24 hours. As the top decentralized oracle solution, Chainlink remains essential for integrating real-world data into blockchain-based smart contracts. Its expanding network of partnerships and integrations continues to solidify its role across various blockchain ecosystems.

Support for LINK is currently near $17, with resistance around $18.50. A move above resistance could open the door for short-term gains toward the $20 mark, while maintaining key support levels is crucial for avoiding further downside.

Avalanche (AVAX): Takes a dip amid market volatility

Avalanche is currently priced at $23.21, reflecting a 2.09% decrease in the past 24 hours. With its high throughput, low fees, and scalable infrastructure, Avalanche continues to solidify its place in the smart contract ecosystem. The network's expanding DeFi presence and enterprise-level integrations keep investor sentiment positive.

Support for AVAX is observed around $22.50, while resistance lies near $25.50. A break above resistance could signal renewed bullish momentum, potentially pushing the price toward $28 in the short term.

Meme Coins: 

Shiba Inu (SHIB): Community support holds strong

Shiba Inu is trading at $0.00001336, down 2.23% in the past 24 hours. Despite the drop, SHIB's expanding DeFi ecosystem and loyal community continue to support its market presence.

Support lies near $0.00001280, with resistance at $0.00001400. A break above resistance could trigger further gains.

Dogecoin (DOGE): Drops to $0.2275

Dogecoin is currently priced at $0.2275, reflecting a 4.77% decrease in the past 24 hours. Once created as a joke, Dogecoin has become a major meme coin, fueled by strong community support and growing adoption for tipping and payments across platforms.

Resistance is observed at $0.24, with support around $0.21. As a community-driven token, further momentum hinges on continued user engagement and broader market sentiment.

Market Outlook: Institutional participation and regulatory clarity paving the way

The cryptocurrency market remains buoyed by growing institutional interest and the passing of pivotal regulatory legislation. The recent advancements in U.S. crypto regulation, such as the CLARITY Act, are making it easier for traditional financial institutions to integrate into the crypto space, providing a sense of security to both investors and regulators alike. 

These developments, coupled with increasing participation in Bitcoin ETFs and blockchain-based projects, continue to fuel optimism in the market.

Final Thoughts

Despite the 2.61% dip in market cap, the global cryptocurrency space continues to show resilience. Bitcoin holds above $ 115,000, and Ethereum is at $ 3,600, both showing solid fundamentals. Altcoins like Solana, Cardano, and Avalanche exhibit growth potential, while meme coins like Shiba Inu and Dogecoin maintain their popularity due to strong community involvement.

As the market matures, institutional interest, regulatory developments, and the ongoing growth of decentralized applications will continue to drive long-term growth. Investors must remain informed, adjusting their strategies in line with market trends while being aware of the inherent risks in this dynamic and evolving space.

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