Crypto Market Today – 4 August 2025
🟢 Market Overview
The global cryptocurrency market on 4 August saw cautious optimism. Bitcoin hovered near $61,800 while Ethereum approached $3,380. Investor sentiment remains positive despite regulatory chatter in the U.S. and Asia. The global crypto market cap stands at $2.27 Trillion, up 0.9% from yesterday.
📈 Top Gainers & Losers
- Injective (INJ): +9.2%
- Optimism (OP): +7.1%
- Fantom (FTM): +6.3%
- Arbitrum (ARB): -4.5%
- Filecoin (FIL): -3.1%
- SUI: -2.8%
💹 Bitcoin (BTC) Update
Bitcoin is trading at $61,850. Bulls are eyeing the $63K resistance zone while the $60K level continues to act as strong support. The SuperTrend indicator remains bullish and the RSI is hovering around 57, indicating a potential upward move.
🧠 Ethereum (ETH) Insights
Ethereum sits at $3,378 and is following a similar pattern to Bitcoin. The $3,500 psychological level is key for bullish continuation. On-chain metrics show increased whale accumulation, supporting the bullish momentum.
🔥 Altcoin Buzz
- Solana (SOL) remains steady at $152 with growing DeFi activity.
- Toncoin (TON) sees 5.4% jump following Telegram partnership expansion.
- XRP faces strong resistance at $0.74 despite SEC clarity.
📰 Latest Crypto News
- ✔️ BlackRock ETF inflows reached $500M in the first week of August.
- ✔️ Binance faces minor regulatory hurdles in Japan regarding KYC.
- ✔️ Polygon launches zkEVM v2 Beta with 4x faster throughput.
📊 Technical Indicators Summary
Coin | Price | SuperTrend | EMA | RSI |
---|---|---|---|---|
BTC | $61,850 | Buy | 50 EMA > 200 EMA | 57 |
ETH | $3,378 | Buy | 50 EMA > 200 EMA | 61 |
SOL | $152 | Buy | Neutral | 58 |
📌 Conclusion
4 August 2025 marks a cautiously bullish day for the crypto market. With Bitcoin and Ethereum gaining strength, and altcoins showing selective momentum, traders should watch the resistance zones and global news flow for any breakouts or reversals.
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