Crypto Prices Today: Bitcoin Holds Above $117K While Most Altcoins Face Selling Pressure

Crypto Prices Today Show Mixed Signals as Bitcoin Price Is At $117,980.32 While Altcoins Like XRP, BNB and Solana Are Trading In Red
Crypto Prices Today: Bitcoin Holds Above $117K While Most Altcoins Face Selling Pressure
Written By:
Aayushi Jain
Reviewed By:
Sankha Ghosh
Published on

Key Takeaways

  • Bitcoin price shows resilience at $117,980.32, up 0.08%, maintaining its position above key psychological levels

  • Ethereum outperforms with a solid 0.95% gain, trading at $3,835.46 amid positive market sentiment.

  • Major altcoins, including XRP (-0.49%), BNB (-1.61%), and Solana (-1.19%) face selling pressure.

  • JPMorgan-Coinbase partnership signals growing mainstream crypto adoption. 

Crypto prices today display mixed emotions as Bitcoin demonstrates remarkable stability while altcoins experience varied performance. The crypto market shows signs of maturation with global market cap at $ 3.88 trillion, up by 0.21% at the time of writing. Institutional developments are providing a supportive backdrop as traditional finance embraces digital assets.

Crypto Prices Today

Let's examine the performance of major cryptocurrencies and key market developments shaping today's trading environment.

Bitcoin Maintains Strength Above $117,000

Bitcoin (BTC) continues to showcase its resilience, trading at $117,980.32 with a modest 0.08% gain over the past 24 hours. The token has a market capitalization of $2.34 trillion and a trading volume exceeding $70 billion.\

The world's largest cryptocurrency has successfully maintained support above the crucial $117,000 level. This resilience suggests strong underlying demand from both retail and institutional investors. Despite recent volatility across traditional markets, Bitcoin's ability to hold these elevated levels indicates growing confidence in its role as a digital store of value.

Ethereum Leads Major Cryptocurrencies with Solid Gains

Ethereum (ETH) emerges as today's standout performer among top cryptocurrencies, gaining 0.95% to trade at $3,835.46. This positive momentum comes as the network completed ten years yesterday, on July 30, 2025, from the date of its launch.

Raj Karkara, COO, ZebPay, commented on the milestone, “As Ethereum celebrated its 10-year anniversary, we acknowledge a decade of groundbreaking progress. From its beginnings as a conceptual white paper, it has grown into the foundation of innovation across smart contracts, DeFi, NFTs, and real-world asset tokenization. The successful transition from proof-of-work to proof-of-stake, known as ‘The Merge’, significantly reduced the network’s energy by over 99% and marked a major leap toward sustainability.”

Karkara further noted that looking ahead, advancements like danksharding and the Pectra upgrade will drive Ethereum’s evolution toward greater scalability, performance, and enterprise adoption. He concludes, “The decade ahead promises to redefine how value, trust, and technology intersect on a global scale.”

Also Read: Crypto News Live: Bitcoin, Ethereum & Major Altcoin Updates

Altcoins Face Mixed Performance Amid Market Consolidation

The broader altcoin market presents a mixed picture today, with several major cryptocurrencies experiencing selling pressure:

XRP declined 0.49% to $3.12, despite maintaining its position as the third-largest cryptocurrency with a market cap of $185.07 billion. BNB, on the other hand, faced more significant pressure, dropping 1.61% to $796.04.

Solana (SOL) experienced a 1.19% fall to $179.51. TRON (TRX) saw the steepest decline of 3.07% to $0.3272 among world’s top ten tokens.

Cardano (ADA) was down by 1.77% to trade at $0.7728 as Dogecoin (DOGE) fell 1.61% to $0.2216.

Stablecoins Provided Relief Amid Volatility

Stablecoins held steady, boosting investor confidence. Tether (USDT) maintained its peg at $0.9999 with a massive 24-hour volume of $120.81 billion.  At the same time, USD Coin (USDC) also showed strength by trading at $0.9998 with a significant trading volume of $14.68 billion.

Major Market Developments Shaping Crypto Prices Today

SEC Moves Toward Unified Crypto ETF Framework

Chicago Board Options Exchange (CBOE) and NYSE Arca have filed rule change requests with the SEC to streamline crypto ETF listings. The proposed framework would allow crypto fund issuers to list products under unified criteria, potentially eliminating the need for individual approvals for each new fund.

JPMorgan Partners with Coinbase for Mainstream Crypto Access

JPMorgan Chase has announced a groundbreaking partnership with Coinbase to introduce crypto integrations for its customers. Starting this fall, Chase credit card holders will be able to use their cards to purchase cryptocurrency on Coinbase.

The partnership extends further with plans for 2026, when JPMorgan customers will be able to redeem Chase Ultimate Rewards Points for USDC. Coinbase emphasized the historic nature of this development, stating this will be "the first major rewards program redeemable for crypto."

Samourai Wallet Co-Founders Plan Guilty Plea Change

Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill indicated they will change their not guilty pleas to US charges related to their crypto mixing protocol. The two face conspiracy to commit money laundering charges, carrying a maximum 20-year prison sentence. It is also for operating an unlicensed money-transmitting business charges with a five-year maximum sentence. Prosecutors alleged that Samourai Wallet processed over $2 billion worth of unlawful transactions as an unlicensed money-transmitting business. 

Also Read: Crypto Prices Today: Bitcoin Hovers Near $118,000 as Altcoins Bleed, TRON Bucks the Trend

Conclusion

Today's crypto market reflects cautious optimism mixed with selective profit-taking across different cryptocurrency sectors. Bitcoin maintains its strength above crucial support levels, and Ethereum shows solid gains; the broader altcoin market experiences typical consolidation. Investors should monitor key support levels for Bitcoin around $117,000 and watch for continued regulatory developments that could shape the market's next phase.

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FAQs

1. What is the Bitcoin price today?

Bitcoin is trading at $117,980.32, up 0.08% in the past 24 hours. The cryptocurrency maintains strong support above $117,000, indicating continued institutional and retail confidence in its long-term prospects.

2. Why are some cryptocurrencies down today?

The crypto market is experiencing normal consolidation with altcoins like XRP, BNB, and Solana facing selling pressure. This reflects typical profit-taking behavior after recent gains and market participants rotating between different assets.

3. Which crypto is performing the best today?

Ethereum (ETH) is today's best performer among major cryptocurrencies, gaining 0.95% to trade at $3,835.46. The network benefits from growing institutional interest and regulatory clarity around crypto ETFs.

4. What major news is affecting crypto prices today?

Key developments include the CBOE and NYSE Arca filing for unified crypto ETF frameworks with the SEC, JPMorgan's partnership with Coinbase for mainstream crypto access, and Samourai Wallet co-founders planning to change their guilty pleas.

5. Are stablecoins maintaining their pegs today?

Yes, major stablecoins like USDT and USDC are maintaining their dollar pegs at $0.9999 and $0.9998 respectively, with substantial trading volumes indicating continued market confidence in their stability mechanisms.

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