Crypto Markets Lose 0 Billion as Bitcoin’s Price Tumbled to 6-Week Low: Market Watch Crypto Markets Lose 0 Billion as Bitcoin’s Price Tumbled to 6-Week Low: Market Watch

Crypto Markets Lose $200 Billion as Bitcoin’s Price Tumbled to 6-Week Low: Market Watch

Bitcoin’s jump from Friday was short-lived as the asset was not only stopped at $117,000 during the weekend, but it took another turn for the worse on Sunday evening and Monday morning.

Most altcoins have followed suit by turning red, with ETH dropping by over 3% daily, while XRP has slipped below the crucial support at $3.

BTC Falls Hard

Last week was a tough one for the primary cryptocurrency as it was gradually declining for the most part. The culmination took place on Friday, ahead of Jerome Powell’s highly anticipated speech, when it slipped to a multi-week low of just under $112,000.

As the Fed Chair hinted at potential future rate reductions, BTC reacted with an immediate surge, driving it to over $117,000 within minutes. That was as far as it would go, though, as bitcoin quickly retraced to $115,000, where it spent most of the weekend.

As it seemed like more action would follow on Monday, the tables turned on Sunday evening. In a sudden and unexpected price drop, bitcoin’s price tumbled by several grand to under $111,000, a level not seen since July 10.

Although it bounced off at first to over $113,000, the bears appear to be in control now as they have pushed BTC south to well below $112,000 as of press time. Its market cap has dropped to $2.225 trillion, while its dominance over the alts is just over 56% on CG.

BTCUSD. Source: TradingView

Alts in Retrace Mode

Most altcoins have turned red on a daily scale as well. Ethereum, which set yet another new all-time high at $4,950 yesterday, has plunged to just over $4,600 as of now. XRP was rejected at $3.1 yesterday and now struggles below the coveted $3 support line.

SOL, ADA, TRX, DOGE, XLM, and LINK have posted similar losses. SUI, LTC, AAVE, PEPE, ENA, MNT, OKB, UNI, and ETC have declined even further, with daily drops of up to 7-8%.

The cumulative market capitalization of all cryptocurrency assets has plunged by roughly $200 billion since yesterday to $3.930 trillion as of now.

Cryptocurrency Market Overview. Source: QuantifyCrypto
Cryptocurrency Market Overview. Source: QuantifyCrypto
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Cryptocurrency charts by TradingView.

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Jordan Lyanchev

https://cryptopotato.com/crypto-markets-lose-200-billion-as-bitcoins-price-tumbled-to-6-week-low-market-watch/

2025-08-25 08:52:00

bitcoin
Bitcoin (BTC) $ 121,272.00 0.60%
ethereum
Ethereum (ETH) $ 4,323.00 2.42%
tether
Tether (USDT) $ 1.00 0.00%
bnb
BNB (BNB) $ 1,268.00 3.62%
xrp
XRP (XRP) $ 2.81 0.58%
solana
Solana (SOL) $ 218.53 3.25%
usd-coin
USDC (USDC) $ 0.999709 0.00%
dogecoin
Dogecoin (DOGE) $ 0.247668 0.25%
staked-ether
Lido Staked Ether (STETH) $ 4,321.69 2.44%
tron
TRON (TRX) $ 0.335715 0.93%
cardano
Cardano (ADA) $ 0.814012 0.40%
wrapped-steth
Wrapped stETH (WSTETH) $ 5,254.09 2.38%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 121,443.00 0.48%
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 4,662.08 2.52%
chainlink
Chainlink (LINK) $ 22.34 1.04%
ethena-usde
Ethena USDe (USDE) $ 0.998972 0.07%
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03 1.26%
sui
Sui (SUI) $ 3.44 0.64%
stellar
Stellar (XLM) $ 0.380935 0.18%
avalanche-2
Avalanche (AVAX) $ 28.32 0.40%
hyperliquid
Hyperliquid (HYPE) $ 43.61 4.06%
bitcoin-cash
Bitcoin Cash (BCH) $ 586.50 1.41%
wrapped-eeth
Wrapped eETH (WEETH) $ 4,659.48 2.43%
weth
WETH (WETH) $ 4,322.10 2.46%
litecoin
Litecoin (LTC) $ 127.58 8.26%
hedera-hashgraph
Hedera (HBAR) $ 0.213599 0.10%
leo-token
LEO Token (LEO) $ 9.58 0.58%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999614 0.18%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 121,333.00 0.51%
usds
USDS (USDS) $ 0.999453 0.04%
mantle
Mantle (MNT) $ 2.29 16.21%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 1.23%
the-open-network
Toncoin (TON) $ 2.70 1.85%
usdt0
USDT0 (USDT0) $ 0.999942 0.01%
crypto-com-chain
Cronos (CRO) $ 0.190549 1.72%
whitebit
WhiteBIT Coin (WBT) $ 43.40 1.03%
polkadot
Polkadot (DOT) $ 4.08 0.07%
monero
Monero (XMR) $ 334.79 0.69%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.20 0.04%
uniswap
Uniswap (UNI) $ 8.16 3.42%
world-liberty-financial
World Liberty Financial (WLFI) $ 0.175998 1.85%
dai
Dai (DAI) $ 1.00 0.09%
okb
OKB (OKB) $ 205.10 4.44%
aave
Aave (AAVE) $ 274.32 2.10%
zcash
Zcash (ZEC) $ 235.57 29.71%
ethena
Ethena (ENA) $ 0.551054 3.76%
bitget-token
Bitget Token (BGB) $ 5.65 2.07%
pepe
Pepe (PEPE) $ 0.000009 0.81%
near
NEAR Protocol (NEAR) $ 3.01 3.99%
aptos
Aptos (APT) $ 5.00 1.30%