XRP and Solana Lead Losses as Crypto Market Stays Under Pressure — August 11, 2025, 9:20 AM IST

Monday morning, August 11, 2025, opens to continued weakness across major cryptocurrencies, with most top coins extending recent declines seen throughout the previous week:

• Bitcoin (BTC) hovers at US$114,000, dipping 0.64% over 24 hours. Trading volume is steady at US$549M (+5.17%), and the funding rate creeps up to 0.17%, suggesting mild bullish leverage but overall cautious sentiment.
• Ethereum (ETH) falls 1.93% to US$3,600 as volume slips 6.75% to US$411M. Low funding rate (0.03%) indicates most movement is spot-driven, with little speculative excess.
• XRP suffers the sharpest decline, dropping 4.1% to US$2.918. Trading volume jumps 18.68% to US$206M, while the funding rate surges to 1.03%—flagging aggressive long bets and a high risk of volatility as traders try to catch a bounce.
• Solana (SOL) also slides 3.74% to US$161.99, on a significant volume decrease (-19.4% to US$101.6M). Notably, the funding rate spikes to 1.23%, implying active leveraged speculation and heightened volatility risk.

Key Takeaways

• The market remains firmly risk-off, with leveraged positions in XRP and Solana unable to arrest price declines.
• Volumes are mixed: Bitcoin and XRP volumes rise, hinting at rotation and failed rebound attempts; ETH and SOL see thinning activity.
• Funding rates in altcoins are elevated, spotlighting speculative traders active in attempt to reverse sharp losses—making continued volatility likely.

As traders await new catalysts, the bias remains to the downside, especially with liquidations or leverage squeezes in weaker altcoins. Bitcoin and Ethereum's steadier funding rates and smaller moves signal their roles as relative havens amid renewed sector volatility.

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