Binance Market Update: Crypto Market Trends | August 23, 2025
According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.99T, up by 4.76% over the last 24 hours.
Bitcoin (BTC) has been trading between $111,685 and $117,429 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $115,610, up by 2.34%.
Most major cryptocurrencies by market cap are trading higher. Market outperformers include MEME, BAND, and BOME, up by 72%, 33%, and 29%, respectively.
Top stories of the day:
Financial Firms Update Spot XRP ETF Proposals Amid SEC Feedback
Deutsche Bank Predicts Federal Reserve Rate Cuts in September and December
Powell's Dovish Remarks Trigger Market Surge
SEC Cryptocurrency Task Force Hosts Nationwide Roundtable Series
Tom Lee: Ethereum Has Over 50% Chance of Surpassing Bitcoin’s Market Cap
Crypto Market Sentiment Shifts to Greed Amid Speculation of Federal Reserve Rate Cuts
Federal Reserve Considers Comprehensive Interest Rate Strategy Amid Inflation Concerns
Hong Kong to Implement Basel Crypto Asset Regulations in 2026
Digital Asset Treasury Companies Face Market Shift, Says Ledn CEO
Market movers:
ETH: $4718.46 (+9.36%)
XRP: $3.0447 (+6.47%)
BNB: $889.45 (+4.50%)
SOL: $203.61 (+11.26%)
DOGE: $0.23706 (+9.23%)
ADA: $0.9159 (+7.70%)
TRX: $0.3609 (+1.18%)
LINK: $25.69 (+3.34%)
WBTC: $115657.58 (+2.35%)
