Global crypto market cap remains at $4.1 trillion as investors watch Fed signals and institutional moves

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The global cryptocurrency market is showing a mixed trend today as traders and investors react to new economic signals, regulatory updates, and technical resistance zones. The total market capitalization of all cryptocurrencies stands around $4.1 trillion, with daily trading volumes in the range of $160–162 billion. Bitcoin continues to hold dominance at about 56–57%, while Ethereum maintains around 13–14%. This shows that while Bitcoin remains the largest and most influential asset, Ethereum and other altcoins are building their own momentum.

Bitcoin: Stable at New Heights

Bitcoin is currently trading near $115,300–$115,400. Over the last 24 hours, the price has remained almost flat, showing only a marginal change. On a weekly scale, Bitcoin has gained around 3–4%, which reflects steady upward momentum.

The important resistance for Bitcoin is near $118,000, a level where selling pressure may appear. On the downside, the key support zones are between $110,000–$113,000. Traders are closely watching the decisions of the United States Federal Reserve, since expectations of rate cuts have been giving Bitcoin and other risk assets strong support. If interest rates come down, holding Bitcoin becomes more attractive compared to traditional yield-bearing assets.

Ethereum: Pullback but Strong Weekly Gains

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Ethereum, the second-largest cryptocurrency, is currently priced around $4,520–$4,530. In the past 24 hours, Ethereum has fallen about 2.5%, but every week, it is still up by 5–6%.

The important resistance for Ethereum lies between $4,700–$4,800, while support levels are in the $4,300–$4,400 band. Just like Bitcoin, Ethereum’s price is being heavily influenced by global monetary policy. Lower interest rates usually bring more capital into Ethereum, as investors view it as both a growth asset and the backbone of decentralized finance.

XRP: Cautious but Holding Ground

XRP is trading close to $2.98–$3.00. It has seen a small fall of about 1.5–2% in the past day. On a weekly scale, however, XRP has managed to record modest gains.

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The resistance for XRP is currently between $3.20–$3.50, while support levels are near $2.70–$2.90. Much of XRP’s market movement continues to be linked with regulatory updates and legal battles involving Ripple. Any clarity on its legal position or adoption in payment systems could provide strong triggers for future price movement.

Solana: Pullback After Strong Gains

Solana is priced at around $234–$236. In the last 24 hours, it has dropped by about 2.5–3%. However, weekly, Solana has shown strong double-digit gains, making it one of the better-performing altcoins recently.

Resistance for Solana is seen near $240–$250, while strong support exists between $220–$230. Whale accumulation, higher network activity, and adoption in new decentralized projects are helping Solana maintain investor interest despite short-term pullbacks.

Binance Coin (BNB): Breaking Records

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Binance Coin, or BNB, is trading around $920–$925. The token has dipped slightly by 1–1.5% in the last day, but recently it touched new all-time highs above $900.

The latest push came from news of institutional partnerships such as Franklin Templeton exploring BNB in its digital asset products. Such institutional adoption has lifted confidence in BNB. Resistance is expected just above the current price levels, while support remains around $850–$900.

Dogecoin: Losing Momentum After Rally

Dogecoin is trading at about $0.26–$0.27. It has seen a 3–4% drop in the last 24 hours. Even with this decline, Dogecoin’s weekly performance remains positive.

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The meme coin is facing resistance near $0.30, while support can be found between $0.24–$0.25. Dogecoin continues to depend heavily on social media trends and community sentiment. Short bursts of hype can push prices up quickly, but equally sharp declines can follow when interest fades.

Shiba Inu: Under Pressure

Shiba Inu is one of the weaker performers today, trading near $0.000013. In the past 24 hours, it has fallen by nearly 5%, which is one of the largest declines among top cryptocurrencies.

The resistance levels for Shiba Inu remain far away as the coin struggles to maintain strong buying interest. Support zones are tight, and technical indicators suggest pressure is building. Developments on the Shibarium Layer-2 network could be key to its future performance, as the market looks for stronger fundamentals to back the token.

Key Market Drivers

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The current market movements are being shaped by several major factors. The first is monetary policy. Investors expect the US Federal Reserve to start cutting interest rates soon. This expectation is boosting demand for Bitcoin and Ethereum, as lower rates usually make risk assets more appealing.

Institutional partnerships are another strong driver. Binance Coin’s rise after Franklin Templeton’s interest is an example of how mainstream finance continues to play a growing role in crypto valuations.

Altcoin rotation is also visible. Investors are moving money between projects depending on short-term strength. Solana and Ethereum have gained favor in recent weeks, while older meme coins like Dogecoin and Shiba Inu are facing stronger competition from newer projects.

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Regulatory and legal developments remain central. Ripple’s progress in its legal fight will continue to influence XRP. In other jurisdictions, laws on taxation and classification of crypto assets are being closely followed by the market.

Technical resistance and support levels are also shaping price action. Bitcoin near $118,000, Ethereum close to $4,700, and Solana around $240 all represent zones where sellers could emerge. At the same time, strong support levels provide a cushion against large declines.

Market Outlook

Looking ahead, the outlook for the cryptocurrency market remains cautiously optimistic. If central banks confirm rate cuts, Bitcoin, Ethereum, and major altcoins could see another round of rallies. Breaking above the current resistance zones will be important for this upside to continue.

However, risks remain. Regulatory setbacks, macroeconomic shocks such as unexpected inflation data, or negative crypto-specific news like exchange hacks or network failures could bring quick declines.

Investors are also keeping a close eye on upcoming technological developments. New product launches, upgrades to existing blockchains, and deeper integration of crypto with traditional finance will be key triggers. On-chain data such as staking growth, whale accumulation, and transaction volumes will help measure the real strength behind price moves.

Final Thoughts

The cryptocurrency market today is balanced between optimism and caution. Bitcoin is holding firm near $115,300, Ethereum is at $4,520, XRP is around $3, Solana trades close to $235, Binance Coin is near $925, Dogecoin is priced at $0.26, and Shiba Inu is at $0.000013.

Overall, the market is waiting for clear signals from central banks, regulators, and institutional players. Until then, cautious optimism with selective gains in altcoins is likely to remain the theme.