The total value of the cryptocurrency market (TOTAL) and Bitcoin (BTC) was affected at the beginning of the new week, with the latter falling to $111,000. Lido DAO (LDO) took the lead among altcoins, with a 7% drop in the last 24 hours.
In today's news (25):
Analyst Marty Party accused Binance of conspiring with market maker Wintermute to suppress Solana's growth and protect BNB, alleging manipulation, despite Binance's proof of reserves not showing any SOL beyond customer deposits. The claim reignited controversy over Binance's influence in the cryptocurrency market.
A leaked NDA, supposedly shared by a former Swiss banker, suggests that Ripple may be expanding its use of the XRP Ledger beyond payments, encompassing digital identity, compliance, and tokenized finance. The document suggests interoperability between CBDCs, securities, and fiat currencies via XRP as a transition asset.
The cryptocurrency market is falling back to support.
The total value of the cryptocurrency market fell $42 billion in the last 24 hours, highlighting growing caution among investors. The sharp drop followed an intraday loss of nearly $98 billion, briefly bringing the market to lows not seen in several weeks. Although the market has shown signs of recovery, sentiment remains fragile regarding major digital assets.
The drop this weekend is largely due to the persistent uncertainty in macroeconomic trends and regulatory pressures. With the decline in risk appetite, the TOTAL could retreat to $3.81 trillion if pessimistic sentiment intensifies.
Analysis of Total Cryptocurrency Market Capitalization. Source: TradingView
However, a sustained recovery from the support level of $3.89 trillion could reignite momentum. If TOTAL maintains this zone, it could break the barrier of $3.94 trillion and test $4.01 trillion.
Failed recovery of Bitcoin.
Bitcoin is trading at approximately $111,000, struggling to gain upward momentum. The support level of $112,526 has held firm despite repeated tests, but the coin has fallen further.
Technical indicators reinforce caution. The Relative Strength Index (RSI) is currently below the threshold of 50.0, suggesting ongoing bearish momentum. If sellers regain control, Bitcoin could drop to $110,000.
Bitcoin Price Analysis. Source: TradingView
However, if Bitcoin remains above $112,526 and hits $115,000 as support, optimistic confidence may return. A breakout above this range could pave the way for $117,261.
Lido DAO failed to break the key barrier.
Lido DAO (LDO) has dropped 7% in the last 24 hours, trading at $1.42. The decline came after a failed attempt to break the resistance of $1.56. This price level has become a strong ceiling, limiting upward momentum and keeping the altcoin under pressure.
This is the second rejection of $1.56 in a month, casting doubt on LDO's short-term recovery prospects. If bearish sentiment persists, the price could fall to $1.32.
LDO Price Analysis. Source: TradingView
A sudden bullish turnaround in the cryptocurrency market could change the narrative. If LDO surpasses $1.56 and establishes that support, it could rise to $1.82. Such a move would invalidate the bearish thesis.
The article Why is the cryptocurrency market bearish today 25/08/2025? was first seen on BeInCrypto Brazil.
