Here’s the latest on the crypto market today on Binance:

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Binance Market Snapshot (August 25, 2025)

Based on Binance’s official market data:

Bitcoin (BTC) is trading around $111,600, down approximately 2.8% to 2.9% in the past 24 hours .

Ethereum (ETH) sits near $4,600, sliding roughly 3.6% to 3.8% .

XRP is also down, losing about 2.6% to 3.0% .

BNB has dipped below $860, down about 1.3%, according to Binance’s own figures .

Overall, the broader crypto market is down around 2.8%, with total trading volume hovering near $226 billion. Bitcoin's dominance is close to 57.5% .

Market Dynamics & Key Drivers

The drop in Bitcoin and other major assets this weekend has largely erased earlier gains, which were driven by signals from the Federal Reserve hinting at possible interest rate cuts .

A sharp decline appears to have been triggered in part by a so-called “Bitcoin whale”—a large holder—unloading holdings, setting off a flash crash on Sunday .

On the broader sentiment side, analysts note that such large moves can undermine confidence, particularly when a key psychological level like the 50-day moving average is breached .

Summary Table

Asset Current Price 24h Change

Bitcoin ~$111,600 ↓ ~2.8–2.9%

Ethereum ~$4,600 ↓ ~3.6–3.8%

XRP ~$2.94 ↓ ~2.6–3.0%

BNB Below $860 ↓ ~1.3%

Market Whole market ↓ ~2.8% (vol ~$226B)

Possible Implications

Risk sentiment has reversed: The Fed’s hint at rate cuts initially drove gains, but sizable sell-offs by whales reversed that momentum.

Technicals matter: Bitcoin’s drop below its 50-day moving average could attract further selling if sentiment remains fragile.

Profit-taking or institutional activity: Large consolidations after rallies are not uncommon—but they can also mark a turning point.

$XRP $BTC $SOL