The crypto market is experiencing a modest pullback on August 20, 2025, driven by a wave of investor caution ahead of key Federal Reserve updates. The global cryptocurrency market cap is down between 1.1% to 1.6%, hovering around $3.84–$3.91 trillion .
Leading the declines, Bitcoin trades near $113,700, slipping 1–2% from recent highs, marking nearly a 10% correction from its peak—though support remains near the realized short-term holder price of about $108,600 .
Ethereum is also under pressure, down less than 1%, maintaining a price around $4,100–$4,200 . Among altcoins, Solana (SOL) and Tron (TRX) show modest gains (~1% and ~0.6% respectively), while others like XRP and Cardano (ADA) face steeper losses .
Market sentiment is cooling fast, with the Fear & Greed Index dipping to the mid-40s—signaling growing caution, though not panic .
In broader context, stablecoins are gaining institutional favor under regulatory clarity, while China explores yuan-backed digital tokens—both highlighting shifting global dynamics in digital finance
