Cryptocurrency News Live: Bitcoin & Ethereum Updates

August 8, 2025 — The cryptocurrency market is buzzing with activity today, presenting a landscape of bullish momentum for major altcoins while Bitcoin holds its ground. Ethereum is leading the charge with a significant rally, and several other tokens, including Solana and popular meme coins, are experiencing massive surges in trading volume. Let’s dive into the latest to see what’s moving the markets.

Overall market sentiment is leaning towards greed, with most altcoins flashing green. This positive momentum is fueled by strong trading activity and renewed investor interest across various sectors of the crypto ecosystem.

Bitcoin (BTC) Holds Steady Above $116,000

Bitcoin, the market’s bellwether, has demonstrated resilience, trading within a tight range over the past 24 hours. While it experienced minor fluctuations, BTC has maintained its position above the crucial $116,000 level, solidifying its dominance with a market capitalization exceeding $2.31 trillion.

By the end of the day, Bitcoin was trading at approximately $116,340. Despite a slight dip of 0.09% in the last few hours, its 24-hour trading volume saw a healthy increase, pointing to sustained market engagement.

• Price: ~$116,340
• Market Cap: ~$2.31 Trillion
• 24H Volume: ~$62.5 Billion
• 24H High / Low: $117,631 / $115,900
• 1-Year High / Low: $123,260.2 / $52,535.5

Bitcoin’s ability to hold its value while altcoins rally is often seen as a healthy sign for the broader market, providing a stable foundation for growth.

Ethereum (ETH) Surges Past $3,900 Amid Strong Volume

Ethereum is the standout performer among the top cryptocurrencies today. ETH has rallied significantly, climbing over 6% to trade near the $4,000 mark. This impressive price action is backed by a massive 43% surge in its 24-hour trading volume, which now stands at over $42 billion.

This rally could be attributed to increasing confidence following recent developments, including sustained ETF inflows which continue to attract institutional capital. Ethereum’s price successfully broke past previous resistance levels, reaching a 24-hour high of $4,020.

• Price: ~$3,995
• Market Cap: ~$479 Billion
• 24H Volume: ~$42.6 Billion
• 24H Price Change: +4.0% to +6.2%
• 24H High / Low: $4,020 / $3,780

Altcoin Market Heats Up: Solana, Chainlink, and Meme Coins Explode

While Bitcoin and Ethereum capture the headlines, the real fireworks are happening in the altcoin market. Numerous tokens have posted significant gains, driven by staggering increases in trading volume.

Solana (SOL) Shows Strength

Solana continues to impress, with its price climbing over 4% to trade at $177. The high-speed blockchain’s native token saw its 24-hour trading volume jump by more than 47%, indicating strong buying pressure. With a market cap of nearly $95 billion, SOL has firmly established itself as a top-10 cryptocurrency.

Meme Coin Mania Continues

The meme coin sector is experiencing a retail-driven frenzy.
Dogecoin (DOGE) surged over 8%, with its trading volume skyrocketing by a phenomenal 144%.
Shiba Inu (SHIB) also joined the party, with its price up nearly 4% and volume increasing by an incredible 134%.
Not to be outdone, Pepe (PEPE) gained over 5.6%, backed by an 84% volume surge.

DeFi and Layer-1s on the Rise

The bullish sentiment has spread to other key sectors, with several projects posting double-digit gains.

• Chainlink (LINK): The oracle network’s token was a top performer, surging an astounding 14% to over $19. This was accompanied by a nearly 300% explosion in trading volume.
• Aptos (APT): The Layer-1 blockchain saw its token price increase by nearly 10%, with trading volume growing by an impressive 215%.
• Cardano (ADA): ADA saw a healthy 7% price increase, with its trading volume jumping by over 126%.
• Avalanche (AVAX): AVAX also posted solid gains of over 5%, with its volume up by more than 121%.

What’s Next for the Crypto Market?

Today’s market action paints a picture of broad-based strength, particularly in the altcoin space. While Bitcoin provides stability, Ethereum’s powerful rally and the explosive moves in tokens like LINK, SOL, and various meme coins suggest that investor appetite for risk is growing. As trading volumes continue to climb, the market appears poised for further excitement. Traders and investors will be watching closely to see if this momentum can be sustained through the rest of the week.