Crypto Prices Today: Bitcoin Price Dips Below $103K, SOL Falls 3.76%

Crypto market today falls to $3.91T as Bitcoin drops 0.90%, Ethereum slips 2.7%
Crypto Prices Today: Bitcoin Price Dips Below $103K, SOL Falls 3.76%
Written By:
Aayushi Jain
Published on
Summary

Crypto prices today, May 15, show a broad decline across the market, dragging the total global crypto market cap to $3.91 trillion. Bitcoin fell below $103,000, posting a 0.90% drop. Ethereum and altcoins like Solana, Dogecoin, and Cardano recorded deeper losses. Stablecoins such as Tether and USDC held their ground, reflecting growing caution. Analysts say the correction stems from lower retail participation and macro-level uncertainties.

The crypto market today showed signs of fatigue following a week of bullish momentum. On May 15, 2025, as of 10:38 AM IST, the overall market cap is $3.32T down by 1.45%. Bitcoin (BTC) price dropped to $102,856, down 0.90% in 24 hours. Ethereum (ETH) fell more sharply to $2,590, a 2.70% daily decline. Most top altcoins experienced pull back due to geopolitical tensions.

Crypto Price Today

Let’s explore the  movements in top ten crypto tokens and see what to expect from the market in coming days.

Bitcoin Falls Below $103,000

The current Bitcoin price is $102,850, marking a decline after touching $104,980 yesterday. The correction follows BTC’s earlier rise from a support base near $100,772 to a peak just shy of $105,000. According to technical indicators, Bitcoin broke below a key bullish trend line at $103,600, signaling weakness.

The world’s largest cryptocurrency also slipped below the 100-hour simple moving average, raising bearish concerns. Immediate support remains at $102,500, while a move below that could retest $100,000. On the upside, resistance is expected at $103,600, with stronger barriers around $104,200 and $105,000.

Ethereum and Solana Lose Steam

Ethereum (ETH) mirrored Bitcoin’s decline, falling 2.70% over the past 24 hours. It is now trading at $2,590. Despite several promising ecosystem updates, Ethereum remains tied closely to Bitcoin’s price action and sentiment.

Solana (SOL) faced sharper selling pressure, tumbling 3.76% to trade at $174.81, down from its recent high of $203. The drop came amid falling trading volumes and profit-booking by short-term holders. If current support levels fail to hold, analysts suggest SOL could retreat further toward $188.

XRP Price Stable But Bullish Sentiment Builds

Ripple’s XRP is currently trading at $2.52, showing a marginal decline of 1.84% over the last 24 hours. While short-term movements have been muted, long-term bullish sentiment around XRP is growing stronger.

Popular macro analyst Raoul Pal of Real Vision Group has forecasted that XRP could soar to $250 per coin by 2026. The optimistic projection is based on macroeconomic factors such as weakening global liquidity, a declining US dollar, and the possibility of debasing fiat currencies. He argues that XRP’s low transaction costs and ease of onboarding retail users make it a good  option for investment.

The popular XRP-focused analyst XRP Captain also reinforced this outlook. He suggested that current whale accumulation could drive XRP to unimaginable highs. This may become a reality  soon, especially if historical breakout patterns repeat.

Other Major Cryptos Follow Suit

Other top altcoins also witnessed a pullback. BNB is down nearly 1.79%, now priced at $650, while Cardano (ADA) has slipped by 3.64%, trading around $0.7934. Meme coin favorite Dogecoin (DOGE) has also dropped by 3% and is now hovering near $0.2340. Each of these tokens is experiencing downward pressure as investor sentiment turns cautious.

Pakistan Signs Crypto Deal with Trump-Linked Firm

In a major geopolitical and crypto crossover development, Pakistan has reportedly entered into a crypto agreement with World Liberty Financial (WLF). The firm is 60% owned by former US President Donald Trump’s sons, Eric and Donald Jr, along with Jared Kushner. The agreement, aims to transform Islamabad into South Asia’s premier crypto hub. It was formalized with the newly formed Pakistan Crypto Council, a body launched just weeks ago.

The Council has already roped in Binance founder Changpeng Zhao (CZ) as a key advisor. According to a report by the Times of India, WLF’s delegation received a red-carpet welcome in Islamabad from Prime Minister Shehbaz Sharif and Army Chief General Asim Munir. Critics are raising concerns over the intersection of military, political, and crypto interests, particularly with high-profile foreign involvement. This crypto deal comes as Pakistan seeks to attract foreign capital and tech infrastructure while positioning itself as a regional leader in digital finance.

Market Outlook

Bitcoin needs to hold above $102,500 to prevent a deeper correction, with the next crucial support level near $100,000. Resistance remains at $103,600, and breaking past $104,200 could trigger a renewed uptrend. Ethereum’s key challenge lies at $5,500, while Solana may face higher volatility if it dips below $188.

The market is also watching the geopolitical implications of Pakistan’s crypto deal with Trump-linked WLF. This move could spark regulatory scrutiny or inspire similar partnerships across other emerging markets. Overall, crypto prices today show cautious approach among investors. Short term volatility is expected to continue amid broader market uncertainty in the coming days.

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