Crypto Price Today: Bitcoin Near $111K, Ethereum Slides Below $4,100

Bitcoin hovers near $111,868, Ethereum slips below $4,100, while XRP shows rare strength at $2.85

The cryptocurrency market continues to face sharp swings as global economic factors, regulatory developments, and investor sentiment shape prices. Bitcoin, Ethereum, and other leading tokens are trying to find support after recent declines, while some coins like XRP are showing relative strength. Below is a detailed look at the latest prices, movements, and the news driving the market today.

Bitcoin (BTC)

Bitcoin is currently priced at around $111,868, showing a very small intraday gain of about 0.03%. Over the past week, however, the leading cryptocurrency has been under pressure. A wave of leveraged liquidations caused heavy selling, which added to the weakness already present in global risk assets. Despite this, Bitcoin has found some support around the $113,000 level, though it still faces strong resistance near $115,000.

Market analysts suggest that short-term traders could cause more downside if selling pressure grows. At the same time, long-term holders appear to be accumulating and holding their positions despite the volatility. The big picture for Bitcoin is still closely tied to inflation data and interest rate decisions by central banks, which continue to influence investor confidence in digital assets.

Ethereum (ETH)

Ethereum is trading near $4,032, marking an intraday decline of more than 2%. Over the last week, Ethereum has lost nearly 7%, making it one of the weaker performers among the top cryptocurrencies. Ethereum is often more sensitive to risk in the market because of its strong link to decentralized finance, staking, and smart contract platforms.

In recent days, liquidations in Ethereum futures and derivatives have been among the largest in the market. This has pushed ETH closer to its short-term support near $4,100. Unless buyers step in strongly, the next big challenge will be to break past $4,200 and $4,300, which are acting as resistance. Ethereum’s long-term outlook still depends on developments around network scaling, protocol upgrades, and institutional demand.

XRP

XRP is currently priced at about $2.85, posting a 1.42% gain today. Over the week, XRP has actually managed to rise by nearly 4%, making it one of the few tokens showing resilience despite the overall market weakness. Investors see XRP as relatively stable compared to other altcoins, largely because of progress in Ripple’s ongoing legal and regulatory challenges.

If XRP can cross $3.00, momentum could increase further and attract more traders. This performance has given XRP a positive spotlight at a time when many other altcoins are struggling.

Solana (SOL)

Solana is trading at around $204.62, recording a drop of about 2.7% today. In the past seven days, it has lost more than 9%, showing one of the steepest declines among the top cryptocurrencies. Solana tends to move more sharply during market stress because it is seen as a high-beta altcoin, meaning it reacts strongly when investors reduce risk.

Concerns over network stability and congestion have also added to investor hesitation. For Solana to recover, it will need to break above $215–230, which currently stands as the next resistance zone.

Cardano (ADA)

Cardano is trading at $0.79, with a small decline today. Over the past week, ADA has remained mostly flat but has not managed to escape the broader weakness in the market. Cardano’s value is tied closely to the progress of its blockchain ecosystem, particularly the adoption of smart contracts and the growth of decentralized applications built on its network.

If new projects continue to choose Cardano, the token could see more demand. However, in the short term, its movement is likely to follow the overall market trend.

BNB (Binance Coin)

BNB is priced near $994.49, showing a decline of about 1.1% today. Unlike many other coins, BNB has been stronger over the past week, gaining nearly 7%. This relative strength is because of its wide usage within the Binance exchange ecosystem. Holders use it for trading fee discounts, access to launchpad projects, and other exchange features.

BNB is now testing support around $950–980, while resistance is expected near $1,030–1,050. The token’s future performance is also linked to how Binance navigates global regulatory challenges.

Dogecoin (DOGE)

Dogecoin is trading at $0.23, almost unchanged today. But over the last week, Dogecoin has lost about 8.5%, making it one of the weakest among major tokens. Dogecoin’s price is heavily driven by social media attention and speculative trading. During periods of weak market sentiment, it tends to underperform compared to coins with stronger utility.

If meme-coin popularity picks up again, Dogecoin could bounce back. For now, however, it remains under pressure.

Shiba Inu (SHIB)

Shiba Inu is trading near $0.00001192, slightly down today. Like Dogecoin, Shiba Inu’s price depends mostly on community interest, token burn programs, and new ecosystem features such as NFTs or metaverse projects. In the current cautious market, SHIB has struggled to gain momentum, but strong community activity remains its biggest strength.

Market Drivers

One of the biggest forces behind the latest declines is large-scale deleveraging. Many traders had taken heavy positions with borrowed funds, and when prices started to fall, liquidations increased the selling pressure. This has been particularly damaging for Bitcoin and Ethereum, with altcoins like Solana and Dogecoin suffering even larger drops.

Global economic factors are also influencing crypto prices. Central banks’ decisions on interest rates, inflation reports, and overall investor appetite for risk assets continue to guide capital flows into or out of the market. Recently, concerns about whether interest rate cuts will actually boost growth have added uncertainty.

Regulatory news is another major driver. Reports that Tether is preparing a massive fundraising round that could value the company at nearly $500 billion show how central stablecoins have become. At the same time, some countries are positioning themselves as global crypto hubs, with the UAE recently being ranked among the top five destinations for investors. In India, new reports of a major crypto scam highlight the risks and the urgent need for stronger investor protection and education. Meanwhile, Coinbase has registered with Indian regulators, potentially signaling a return to offering services in the country.

Security risks remain in focus as well. Recent hacks targeting major exchanges have revived concerns about platform safety, leading some traders to hold back from investing more.

Outlook

The outlook for the crypto market depends on whether Bitcoin can hold support above $113,000. If it falls below, there could be more downside toward the $105,000 area. On the other hand, a recovery past $115,000 could trigger renewed buying interest. Ethereum also needs to stay above $4,100 to avoid further weakness, while resistance near $4,200–4,300 will be crucial for any recovery attempt.

Altcoins are likely to remain under pressure unless the overall market sees a broad improvement in sentiment. Those with strong ecosystems, such as BNB and Cardano, or regulatory clarity, such as XRP, may perform better than others in the near term.

Final Thoughts

The cryptocurrency market remains in a delicate phase, balancing between support and resistance levels across major coins. Bitcoin and Ethereum continue to set the tone, but the performance of tokens like XRP and BNB shows that select assets can still move against the trend. Factors such as leverage, global economic policy, regulatory clarity, and security issues will continue to decide the direction of the market in the weeks ahead.