Market Overview & Key Highlights (August 18, 2025)
Trading around $115,300, with intraday movement ranging from roughly $115,000 to $118,500—reflecting a ~2–2.2% decline in the past 24 hours .
This drop has triggered significant liquidation pressure, with over $100 million in long positions liquidated, particularly affecting Bitcoin and Ethereum .
Broader sell-off saw more than $100 billion wiped from the entire crypto market cap, which now sits below $4 trillion .
Currently trading around $4,267, down approximately 4–5% in the last 24 hours. Intraday fluctuations ranged from ~$4,240 to ~$4,570 .
The decline appears tied to both macroeconomic pressures and the liquidation wave hitting ETH long positions .
Analysts flag a crucial level at $4,200—dropping below this could trigger further volatility and more liquidations .
Altcoins & DeFi:
$XRP has dipped below $3, underperforming broader markets .
Chainlink (LINK) bucked the trend—surged over +14%, boosted by news of a new on-chain reserve mechanism and a strategic partnership with ICE, the NYSE’s parent company .
DeFi tokens in general are showing resilience, gaining ~1.8% amid the general market weakness .
BIO (Bio Protocol) stands out with a +24.3% jump, while Monero (XMR) has been dubbed “Coin of the Day” for its strong performance .
Overall Market Metrics:
Total crypto market cap hovers around $3.9–4.0 trillion, down between 3–4% from yesterday .
Trading volume remains robust—ranging from $140B to over $310B depending on the data source .
Bitcoin dominance is steady around 57–59% .