Crypto Market Today - 8 August 2025
Welcome to your daily crypto market update for 8 August 2025. Today’s market shows mixed sentiment, with Bitcoin maintaining stability while altcoins experience slight fluctuations. Let’s take a detailed look at prices, technical indicators, and latest news.
📊 Current Market Prices
Cryptocurrency | Price (USD) | 24h Change | Market Cap |
---|---|---|---|
Bitcoin (BTC) | $63,450 | +1.25% | $1.25T |
Ethereum (ETH) | $3,480 | +0.85% | $418B |
Solana (SOL) | $148.20 | -0.65% | $65B |
Ripple (XRP) | $0.78 | -1.10% | $42B |
Dogecoin (DOGE) | $0.172 | +2.05% | $24B |
📈 Technical Analysis
- Bitcoin (BTC): BTC is holding above the $63K support level. If bullish momentum continues, next resistance lies near $64,500.
- Ethereum (ETH): ETH is consolidating around $3,480. A break above $3,500 could trigger another rally.
- Solana (SOL): Facing mild selling pressure; watch for $150 resistance level.
📰 Latest Crypto News
SEC Approves New Bitcoin ETF: The U.S. SEC has approved a new spot Bitcoin ETF, potentially opening doors for higher institutional adoption.
Ethereum 2.0 Update: Ethereum developers confirm major performance improvements in upcoming upgrade.
🔮 Market Outlook
Overall, the crypto market remains cautiously bullish. Bitcoin dominance is stable at 51.2%, and trading volume is slightly higher than yesterday. If key resistance levels break, we could see further upward movement this week.
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