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As of August 14, 2025, the global cryptocurrency market capitalization stands at $4.18 trillion, reflecting a 2.93% increase in crypto prices today, over the past 24 hours. The broader crypto market continues to build on strong momentum, fueled by institutional investments, network upgrades, and the ongoing growth of decentralized finance (DeFi) sectors.
Bitcoin price is currently trading at $123,111, with an increase of 3.17% in the past 24 hours. Intraday trading has ranged between $119,000 and $124,500, with BTC maintaining its stability above the key $123K level.
A sustained push above $124,000 could set the stage for a rally toward $128,000-$130,000, while solid downside support remains at $122,000.
Analysts attribute Bitcoin’s continued strength to improving macroeconomic sentiment, including easing inflation fears and expectations of more favorable policies from central banks.
Also Read: Bitcoin Price Holds Near $119,372 as Bulls Eye $120K Breakout
With Bitcoin again crossing its new all-time high mark, commenting on the current scenario, Kushal Manupati, Regional Growth & Ops Lead of South Asia at Binance, highlighted, “More than just another all-time high, Bitcoin’s ascent to a historic $124,000 signifies the maturing of the virtual digital assets ecosystem. It continues to cement its status as the digital era’s main asset, a store of value that is witnessing growing institutional adoption and mainstream acceptance.
For India, this moment offers a unique opportunity. Critical Web3 infrastructure is already being shaped by India’s developer community, and as usage grows, there is a huge chance to take the lead in tokenized finance, blockchain innovation, and Web3 legislation. The focus of this story has shifted from price charts to laying the groundwork for an inclusive, open, and global technological future.
Along with Bitcoin, altcoins like Ethereum, with its network underpinning the next generation of decentralised applications, from DeFi to tokenisation, continue to show significant momentum and are expected to reach their all-time high price. This underscores the broadening of the VDA ecosystem, where Bitcoin’s store-of-value proposition and Ethereum’s programmable infrastructure together power the evolution of a decentralised economy.”
Ethereum price is trading at $4,769, marking a solid increase of 2.21% in the last 24 hours. ETH has moved between $4,600 and $4,783 over the past 24 hours, with bullish momentum strengthening above the $4,700 level.
A decisive breakout beyond $4,800 could push ETH toward $5,100-$5,200, while failure to maintain the $4,700 level might prompt a retest of $4,600.
The ongoing Ethereum network upgrades, alongside strong institutional interest in DeFi applications built on its blockchain, continue to drive growth. Additionally, Ethereum’s staking ecosystem remains robust, fueling optimism in the market.
XRP price is trading at $3.30, up 1.83% in the past 24 hours after breaking above the $3.20 resistance zone. XRP’s increasing use in cross-border payments and partnerships with major financial institutions continue to drive its bullish momentum.
Support is at $3.20, with a potential move toward $3.50 if institutional adoption accelerates further.
Polkadot is priced at $4.31 with a 3.06% increase in the last 24 hours. Polkadot’s growing interoperability between blockchains and strong developer activity are helping drive its recent rally.
Support is at $4.20, while resistance is seen at $4.36. A break above $4.40 could see DOT target $4.50.
Solana is currently trading at $209.39, reflecting an increase of 5.73%. Solana’s high-performance blockchain and its adoption in decentralized applications (dApps) are fueling this rally.
Support is at $200, with resistance near $218. A breakout above this could propel SOL toward $225-$230.
Cardano is trading at $1, marking a 17.46% increase in the last 24 hours. Cardano’s recent advancements in smart contract capabilities and its focus on sustainability are gaining investor attention.
Support lies at $0.75, while resistance is at $1.10. A clear move above the resistance could push ADA toward $1.30.
SHIB is priced at $0.00001404, up 2.11% in the last 24 hours. Shiba Inu remains a speculative favorite driven by its active community and social media momentum.
Support is at $0.000010, with resistance at $0.000015. A breakout could send SHIB toward $0.000017- $0.000019 if trading volume spikes.
Dogecoin is trading at $0.2504, up 4.68% in the past 24 hours. The Dogecoin community remains active, with continued support from social media trends and celebrity endorsements helping to maintain its volatility and speculative popularity.
Support is at $0.20, while resistance is seen at $0.25. A move above this could push DOGE toward $0.30.
The 2.93% increase in total crypto market capitalization highlights the growing investor confidence and strong buying interest across various sectors. Institutional adoption, coupled with scaling solutions and increasing cross-chain interoperability, is laying the foundation for continued growth.
While volatility remains a possibility, especially as traders monitor economic shifts, many analysts are optimistic about the long-term potential for Bitcoin, Ethereum, and select altcoins. The combination of strong fundamentals and growing market confidence is expected to support a sustained rally into the coming months.
With the total crypto market cap now at $4.18 trillion, Bitcoin’s strength above $123K and Ethereum nearing the $5K mark signal continued bullish momentum. Altcoins like XRP, Polkadot, Solana, and Cardano are showing positive results.
Meanwhile, memecoins such as Shiba Inu and Dogecoin remain volatile but continue to capture attention with their community-driven momentum.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
