Cryptocurrency

Bitcoin Shows Signs of Recovery Above $114,000; Ethereum Remains Resilient

Bitcoin prices were up by 0.14 per cent, while Ethereum prices were up by 4.02 per cent. Litecoin LTC was the most trending cryptocurrency, while Mantle MNT was the top gainer, and Toncoin TON was the top loser

Bitcoin Shows Signs of Recovery
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Summary

Summary of this article

  • Crypto market cap up 0.85 per cent, trading volume rises 27.61 per cent.

  • Bitcoin up 0.14 per cent, Ethereum up 4.02 per cent, indicating recovery.

  • Mantle gains 8.90 per cent, while Toncoin drops 5 per cent as loser.

Bitcoin is stabilizing above the $114,000 level after recent volatility. At the time of writing, the total crypto market cap saw a marginal gain of 0.85 per cent to $3.75 trillion, while the 24-hour trading volume increased by 27.61 per cent to $137.46 billion.

Litecoin LTC was the most trending cryptocurrency. Its price was up by 11.95 per cent to $124.28, and its 24-hour trading volume was $1.53 billion. Elsewhere, Mantle MNT was the top gainer. It was up by 8.90 per cent, and its 24-hour trading volume was $556.71 million. Toncoin TON was the top loser. It was down by 5.36 per cent, while its 24-hour trading volume was $479.63 lmillion.

The DeFi market cap was at $42.97 billion, Coinmarketcap.com reported.

Sathvik Vishwanath, co-founder & CEO, Unocoin said: “Bitcoin is stabilising around $114,000–115,000, showing resilience amid cautious investor sentiment. Institutional buying continues to absorb selling pressure, with on-chain data showing reduced exchange inflows. Traders are watching the US Federal Reserve’s policy tone, as hopes for a September rate cut rise. This macro backdrop supports risk assets, though Bitcoin remains range-bound. Technically, it’s holding above key support at $113,600, forming a bullish consolidation pattern. A breakout above $117,000 could open a run toward $123,000–$130,000.”

Cryptocurrency Prices

Bitcoin (BTC): Bitcoin prices were up by 0.14 per cent to $114,419.61. Its 24-hour trading volume was $54.26 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 62.60 per cent.

Ethereum (ETH): Ethereum prices were up by 4.02 per cent to $3,665.46. Its 24-hour trading volume was $30.45 billion, and its market dominance was 11.08 per cent.

Tether (USDT): Tether was trading at $1.00, up by 0.1 per cent. Its 24-hour trading volume was $95.21 billion. It is currently ranked third on Coinmarketcap.

Other Altcoins

Solana prices were up by 3.97 per cent to $168.34. Its 24-hour trading volume was $4.83 billion.

Cardano ADA was trading at $0.7480, up by 2.12 per cent. Its 24-hour trading volume was $897.38 billion.

Avalanche AVAX was trading at $22.81, up by 4.71 per cent. Its 24-hour trading volume was 559.46 million.

Meme Coins

Dogecoin was up by 3.28 per cent, with a 24-hour price of $0.2063.

Shiba Inu was up by 0.8 per cent to $0.00001232.

Decentralised Finance

DeFi Coin was down by 2.09 per cent, and it was trading at $0.003200.

Yearn Finance was up by 2.04 per cent to $5,265.32, with a 24-hour trading volume of $15.29 million.

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