Market Overview: Renewed Confidence and Broad Rebound
The crypto market staged a solid rebound on August 4, with overall capitalization climbing to $3.85 trillion—a 2.3% gain over the past 24 hours. Sentiment shifted positively on signs that ETF outflows were tapering, while dovish macroeconomic signals, including renewed expectations of a Fed rate cut, supported broader risk assets. Institutional investors appeared to regain composure after earlier panic-led withdrawals, and Bitcoin dominance slid slightly to 61.97%, indicating capital rotation into altcoins. This resurgence in altcoin interest, alongside stabilization in regulatory messaging, helped reignite optimism across major Layer‑2 ecosystems and smart contract platforms.
Bitcoin (BTC): Sideways Near $115K as Volatility Cools
Bitcoin hovered near $114,193, down slightly by 0.26% on the day after dipping below $115K during the previous session. Liquidations among leveraged long positions contributed to intraday volatility, while ETF inflows from Bitwise, totaling nearly $18.7 million, hinted at cautious institutional re-engagement. Despite the muted performance, sentiment remains buoyed by initiatives such as the U.S. Strategic Bitcoin Reserve. Market observers still assign a nearly 49% chance of BTC dipping below $100K by year-end, but the broader structural outlook remains stable. A reclaim of $118K–$120K could shift market momentum dramatically.
Ethereum (ETH): Rebounding on Structural and ETF Tailwinds
Ethereum surged over 3% to settle near $3,649.69, fueled by renewed ETF inflows and bullish on-chain activity. The asset saw net ETF inflows of around $133 million for the week, continuing its streak of institutional accumulation. Layer‑2 ecosystems such as Base, Optimism, and Arbitrum showed rising TVL and developer activity, supporting ETH’s fundamental appeal. Analysts view ETH’s blend of staking yield, L2 expansion, and regulatory clarity as key strengths. Price action is now testing key resistance near $3,700, with upside targets in the $3,800–$3,900 range.
Solana (SOL): Grinding Back Toward Resistance
Solana gained 3–4% to reach about $167, bouncing back after a tough week marked by ecosystem corrections. SOL remains one of the top contenders for ETF interest outside BTC and ETH, and its active DeFi and NFT community offer resilience. Analysts note strong buy zones around $160, with short-term upside capped near $175–$180 barring stronger inflows. Treasury activity among Solana-based DAOs has also picked up, which may serve as a longer-term driver.
XRP: Rally Extends Beyond $3.00
XRP rose over 5% to briefly breach $3.05 before consolidating near the $3.00 mark. Trading volume surged on speculation of ETF-related announcements and growing cross-border remittance use cases. Institutional investors continue to favor XRP due to its legal clarity and established infrastructure. Next resistance levels are seen at $3.10–$3.20, with a potential path to $3.50 if momentum holds. The token’s stability during recent volatility has bolstered investor confidence.
Dogecoin (DOGE): Modest Rebound in a Cautious Meme Market
Dogecoin stabilized near $0.21–0.22 following a volatile stretch, with limited upside driven largely by social media buzz and NFT projects. Despite the minor gains, DOGE remains constrained by the absence of major catalysts or institutional support. Traders eye a breakout above $0.25 to reignite broader interest. Until then, DOGE is likely to continue tracking broader meme-token sentiment.
Cardano (ADA): Stabilizing Amid Governance Progress
Cardano ticked higher to around $0.78–0.80, showing signs of recovery after recent drawdowns. Long-term development remains focused on smart contract refinement and governance upgrades. While not as headline-grabbing as other chains, ADA’s steady technical updates offer reassurance to long-term holders. Analysts maintain near-term resistance at $0.85, with breakout potential if broader altcoin rotation continues.
Shiba Inu (SHIB): Burning Tokens but Awaiting Narrative
SHIB held steady near $0.0000135 as burn rates and community engagement kept the token afloat amid otherwise sluggish momentum. The Layer‑2 Shibarium continues to expand, though it has yet to trigger a major rally. Resistance lies around $0.0000143–0.0000145, and bulls need stronger market-wide sentiment to break higher. Until then, SHIB appears to be in holding mode.
SUI: Mid-Cap Outperformer Holds Gains
SUI traded around $3.95–4.00, maintaining its footing despite market turbulence. Developer activity remains robust, particularly in GameFi and infrastructure sectors, which has helped drive TVL higher. The token is increasingly viewed as a strategic treasury asset among emerging crypto-native funds. Resistance at $4.20–4.40 could be tested soon if rotation into mid-caps continues.
Kaspa (KAS): Range-Bound with Catalysts on the Horizon
Kaspa stayed within the $0.095–0.10 band, with technical indicators showing consolidation and potential for breakout. Its Proof-of-Work model and blockDAG architecture continue to attract interest among technical traders. A listing on a major exchange or institutional announcement could trigger movement. Until then, KAS remains a quietly watched project with high potential.
Pi Network (PI): Still in Speculative Holding Pattern
Pi Network held near $0.44 without much price movement. While community engagement remains strong and internal beta testing continues, the lack of a clear roadmap or centralized listing is limiting near-term price action. Investors await meaningful developments such as centralized exchange listings or project milestone releases before taking larger positions.
Snapshot Table – August 4, 2025
| Token | Price Range | Change | Key Insight |
|---|---|---|---|
| BTC | ~$114K–$115K | +1% | Holding support; cautious institutional signals |
| ETH | ~$3,650–$3,685 | +5–6% | ETF-backed rebound; structural demand intact |
| SOL | ~$167 | +3–4% | Recovery mode; needs sustained rotation |
| XRP | ~$3.00 | +5–6% | Breakout attempt; eyeing ETF development |
| DOGE | ~$0.21 | ~flat | Momentum subdued, waiting for meme catalysts |
| ADA | ~$0.78–0.80 | +1–2% | Stabilizing, still range-limited |
| SHIB | ~$0.0000135 | ~flat | Community-driven burn keeps losses in check |
| SUI | ~$3.95–4.00 | ~flat | Holding floor amid mid-cap resilience |
| KAS | ~$0.095–0.10 | ~flat | Consolidating pending catalyst |
| PI | ~$0.44 | ~flat | Waiting on roadmap for directional trigger |
The Road Ahead: Regulatory Anchors and Macro Fuel
Crypto markets may have found their short-term footing following stabilizing ETF flows and dovish policy tones from the Fed. Major developments such as the CFTC’s acceptance of spot crypto assets on registered futures exchanges and SEC’s Project Crypto are seen as transformative. These steps provide a clearer operational and regulatory framework that institutional players need to confidently deploy capital.
Looking ahead, analysts suggest Bitcoin needs to reclaim $118K–$120K to draw fresh liquidity back into the market. In the meantime, Ethereum, XRP, SUI, and SOL remain strong contenders for rotation-based gains, driven by ecosystem utility, ETF narratives, and increased transparency in U.S. market operations. With macro headwinds easing and policy support growing, the market could be entering a phase of renewed strategic accumulation.
Read more: Crypto Market Analysis (July 30, 2025): BTC Sideways Below $120K, ETH Holds as Altcoins Retreat
