Crypto Market Snapshot – 14 August 2025

The global cryptocurrency market is back in the red today, with total market capitalization slipping to approximately $3.70 trillion, reflecting a ~1.9% decline over the past 24 hours .

Bitcoin is also under pressure, trading around $112,770, down ~1.8%, while Ethereum has dropped ~2.2% to about $3,790 . XRP hasn’t been spared either, shedding nearly 3.8% and currently trading near $3.14 .

This correction follows recent record highs—Bitcoin briefly surged above $124,000 before pulling back sharply to around $118,000, highlighting a classic “buy the rumor, sell the news” scenario .

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Why it matters:

Rapid volatility can shake confidence, prompting traders to take profits or de-risk positions. Watching how quickly assets like BTC, ETH, and XRP bounce back may be your best gauge of recovery—or continued turbulence.$BTC $ETH