As of August 20, 2025, the cryptocurrency market is characterized by a global market capitalization of approximately $3.92 trillion, with a slight decrease of about 1% over the past 24 hours.
Here is an overview of the current state of the most important cryptocurrencies:
Market leaders by capitalization:
* Bitcoin (BTC): It remains the largest and most traded cryptocurrency, with a price of approximately $113,855. Its market dominance is currently around 57.84%.
* Ethereum (ETH): The second-largest cryptocurrency, with a price of approximately $4,223. It continues to be a key player due to its role in decentralized applications (dApps) and smart contracts.
* XRP (XRP): Its price is approximately $2.90, it has recently experienced a significant decline, with a drop of nearly 4% in 24 hours, following reports of a major token sale and general market volatility.
* Tether (USDT) & USD Coin (USDC): These "stablecoins," pegged to the US dollar, have a price of approximately $1.00 and are essential for providing liquidity and stability in the market.
Notable price movements:
While the major cryptocurrencies have experienced fluctuations, some smaller altcoins have recorded significant gains over the past 24 hours:
* Lucky Kat (KOBAN): +51.27%
* Crust Shadow (CSM): +47.17%
* Origin Protocol (OGN): +38.93%
* Definitive (EDGE): +20.18%
The cryptocurrency market remains highly dynamic and subject to rapid changes in price and trading volume, often influenced by macroeconomic factors.