Crypto Market Mixed as August 12, 2025 Opens: Bitcoin Holds $114K, Ethereum and Altcoins Dip

Crypto Market Morning Update — August 12, 2025, 9:20 AM IST

The cryptocurrency market starts the day with a mixed but cautious tone across major assets:

• Bitcoin (BTC) holds firm at $114,000, trading on steady volume of roughly $549 million (up 5.17%). Its funding rate remains unchanged at 0.17%, reflecting balanced futures activity with no strong directional bias.
• Ethereum (ETH) declines by 1.93% to around $3,600, with trading volume dropping close to $411 million (down 6.75%). The low funding rate (0.03%) indicates predominantly spot-driven selling without excessive leverage.
• XRP (XRPUSD) dips 4.1% to near $2.92 on higher volume of about $206 million (+18.68%). Despite the price setback, funding at 1.03% points to rising leveraged long positions, signaling elevated volatility and potential price swings as the coin retests critical support zones.
• Solana (SOLUSD) slips 3.74% to around $162, with volume depressed at about $102 million (down 19.4%). Funding at 1.23% shows significant leveraged activity, suggesting speculative traders remain active amid the ongoing downside pressure.

Market Context:

• XRP and Solana are under notable downward pressure, with high funding rates implying that leveraged longs may face squeeze risks.
• Bitcoin remains a relative safe haven among the majors, maintaining its support around $114K.
• Ethereum struggles below $3,600 amid volume weakness but with minimal speculative excess, signaling cautious trading.
• Analysts highlight key support levels for XRP around $2.80–$2.95 and for Solana near $160–$178; breaches here could prompt further downside, while holding these levels may lead to short-term rebounds.

Investors continue to monitor macroeconomic signals and regulatory updates for cues as crypto markets brace for potential volatility shifts in mid-August.

LuwakTech’s advanced analytics and timely alerts equip you to navigate these dynamic market conditions with precision.