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Bitcoin price gains 0.84% to $119,246, approaching critical resistance zone.
BNB leads major cryptos with 5.54% surge, followed by Solana's 3.01% climb.
XRP maintains upward momentum with 1.94% gains. However, TRON and Tether defied the market-wide trend, showing minor corrections.
Crypto prices today are showing renewed strength across major assets. The global market cap stands at $3.96 trillion, up by 1.46% at press time. A positive momentum is building as the world's largest cryptocurrency approaches a key technical resistance level at $120,000. The market is responding to fresh institutional developments and evolving lending innovations in the DeFi space.
Let's see how the world's top ten cryptocurrencies are performing today.
Bitcoin (BTC) trades at $119,246.04 with a solid 0.84% gain over the past 24 hours. The digital asset maintains its commanding $2.37 trillion market cap with $55.8 billion in trading volume.
Mr Sathvik Vishwanath, Co-founder and CEO of Unocoin noted, "Bitcoin is currently consolidating just below $120,000, reflecting a battle between bullish momentum and resistance fatigue. Despite forming a bullish cup-and-handle pattern, strong overhead supply limits immediate breakout potential. Institutional inflows via ETFs remain a key bullish driver, while on-chain data shows whales cautiously accumulating. However, divergence signals and a stalled RSI hint at short-term correction risks.
Vishwanath further explained, “Key support sits at $110,000; breaching it could invite sharper selloffs toward $104,000. Yet if Bitcoin holds this range and volume returns, a surge toward $130,000 is likely. The market awaits confirmation; either a breakout to new highs or a healthy pullback first."
The cryptocurrency's recovery comes after volatility on July 25,2025. It was likely triggered by the sale of 80,000 BTC from a Satoshi-era Bitcoin whale. However, the market quickly absorbed the sell-off, prompting analysts to forecast a potential continuation of the rally.
Ethereum (ETH) is trading at $3,902.44, posting a strong 2.91% gain over the last 24 hours, with a market cap of $471 billion and daily volume of $31.1 billion. The second-largest crypto continues to show resilience amid ongoing network developments and institutional interest.
XRP climbed 1.94% to $3.27, maintaining its position as the third-largest cryptocurrency with a market cap of $193.8 billion. The token's steady performance reflects growing confidence in its utility and regulatory clarity.
BNB (BNB) emerged as today's top performer among major cryptocurrencies, surging 5.54% to $841.48 with a market cap of $117.2 billion. The Binance token's strong performance signals continued strength in the exchange's native blockchain.
Solana (SOL) followed with impressive gains of 3.01% to $193.10, reaching a market cap of $103.9 billion. The high-performance blockchain continues to attract developer activity and institutional attention.
Also Read: Crypto News Today: Anchorage Debuts USDtb, Binance Adds USYC, BlackRock Breaks ETF Record
According to the CoinMarketCap data, here's how other top tokens performed today:
TRON (TRX) was the only altcoin in the top ten tokens that was on a downtrend today. It was trading at $0.3207 with a dip of 0.09%. Meanwhile, Cardano (ADA) remained bullish at $0.8423, up by 1.09%.
Dogecoin (DOGE), the popular memecoin followed the broader market uptrend. It was trading at $0.2446 with gains of 1.37% at the time of writing.
Mr. Paras Malhotra, SVP - Trade, Custody, and BizOps at CoinDCX, discussed the top gainers of the day. He stated, “ The top 10 tokens like Ethereum, XRP, Solana, Dogecoin, Tron & Cardano are maintaining a strong upswing, while BinanceCoin smashed a new ATH. The top gainers for the day are PancakeSwap with over a 14% jump, followed by SPX6900 with 11.8% and Jupiter by over 10%. On the other hand, Curve DAO Token plunged by over 8.36% and Pump.fun by over 5.29% while the rest tokens attracted minimal losses.”
Stablecoins remain largely stable, with USD Coin (USDC) trading at $0.9999, showing no gains or losses. On the other hand, Tether (USDT) saw minor corrections of 0.01%, but the token maintained its position at $1 peg.
Here are the key macroeconomic developments shaping today's crypto market performance:
Divine Research, a San Francisco-based lending platform, has made waves in the crypto world by issuing around 30,000 uncollateralized USDC loans since December. These loans, all under $1,000, are primarily aimed at borrowers outside traditional finance systems, such as high-school teachers and street vendors.
What sets Divine apart is its use of World ID, the iris-scanning tech developed by OpenAI CEO Sam Altman. It is to prevent users from defaulting and returning under new identities. With default rates on first-time loans as high as 40%, the platform offsets the risk through interest rates ranging between 20% and 30%. Borrowers also receive free World tokens, which can be partially reclaimed in some cases.
Bitwise CIO Matt Hougan believes that 2026 could mark a significant upward trend for Bitcoin prices, diverging from the traditional four-year cycle. In a recent social media post, Hougan stated that the halving cycle is losing relevance as its impact diminishes every four years.
Hougan added that macroeconomic factors, like interest rate cuts potentially driven by political pressure from Donald Trump on Fed Chair Jerome Powell, could favor crypto markets. The Bitwise CIO’s optimism suggests that Bitcoin could see strong performance in the coming years despite past patterns losing steam.
According to Mr. Paras Malhotra, SVP - Trade, Custody and BizOps at CoinDCX, as BTC price stabilizes, Metaplanet buys an additional 780 Bitcoin worth nearly $93 million, bringing the total to 17,132 BTC worth $2 billion. Meanwhile, Strategy’s Micheal Saylor hints at another BTC purchase soon.
Malhotra notes, “Bitcoin hash rate smashed new highs, suggesting increased security and robust network health. Besides, Pudgy Penguins squashed the rumors of OpenSea acquisition. Ethereum is soon turning 10, and on this occasion, a free NFT will be mintable for 24 hours. While the decision on FED rate cuts is pending this Wednesday, 95% of the Polymarket users believe in no cuts, hence a stabilised week ahead.”
Also Read: Best Crypto Payment Gateways Leading in 2025
Crypto prices today reflect a market gaining momentum as Bitcoin approaches a crucial technical level. The approaching resistance zone between $119,000 and $120,000 will likely determine Bitcoin's short-term direction.
BNB's strong performance alongside Solana's continued gains indicate strength in high-performance blockchains. As the market consolidates around current levels, investors are watching for potential breakouts that could signal the next major move in crypto prices.
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1. What is Bitcoin's current price and key resistance level?
Bitcoin (BTC) is currently trading at $119,246.04, up 0.84% in the last 24 hours. The cryptocurrency is approaching a critical resistance zone between $119,000 and $120,000, which analysts believe will determine its short-term direction. Dense liquidation clusters in this range suggest potential for larger price swings.
2. Which cryptocurrencies showed the strongest gains today?
BNB led major cryptocurrencies with a 5.54% surge to $841.48, followed by Solana with a 3.01% gain to $193.10. Ethereum also posted strong performance with a 2.91% increase to $3,902.44, while XRP gained 1.94% to reach $3.27.
3. What is Divine Research's new crypto lending model?
Divine Research has issued around 30,000 unbacked short-term crypto loans since December, using Sam Altman's World ID for borrower verification. The platform offers loans under $1,000 in USDC to underserved overseas borrowers, with interest rates ranging from 20% to 30% and a first-loan default rate of around 40%.
4. What does Bitwise predict about Bitcoin's future cycle?
Bitwise chief investment officer Matt Hougan predicts that 2026 will be an ‘up year’ for Bitcoin, breaking from the traditional four-year halving cycle. He argues the four-year cycle ‘is dead’ due to halvings becoming less impactful over time and positive interest rate cycles favoring crypto investments.
5. How is the overall crypto market performing today?
The crypto market is showing positive momentum with Bitcoin's market cap at $2.37 trillion and total trading volume exceeding $55 billion. Major cryptocurrencies are posting gains, with stablecoins remaining stable and ecosystem tokens like BNB and SOL leading the charge with significant percentage increases
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