Crypto frenzy: Bitcoin and Ethereum break records with $4 trillion!

Crypto frenzy: Bitcoin and Ethereum break records with $4 trillion!

On August 10, 2025, the total crypto market cap reached a new record of $4.04 trillion. This increase of around $300 billion compared to the previous week clearly shows the growing interest in digital currencies. Bitcoin is currently trading at $118,100 and is up 1.07% in the last 24 hours. Compared to the previous week, Bitcoin has gained 3.9%.

Ethereum is also showing strength and is trading at $4,210, having already set a new yearly high above $4,300. This positive development is being promoted by institutional investors who are increasingly investing in Bitcoin and Ethereum. Further impetus comes from an executive order from US President Donald Trump that allows Bitcoin and Ethereum to be included in retirement plans.

Price developments in focus

XRP (Ripple), on the other hand, has suffered a price loss of 2.5% and is at $3.23. Analysts attribute this negative trend, among other things, to BlackRock's reluctance to launch a Ripple ETF. However, overall market sentiment has improved, moving from “Neutral” to “Greed,” as illustrated by the Crypto Fear and Greed Index with a score of 62 out of 100.

Chainlink (LINK) experiences a remarkable rally and rises to $22.1. This corresponds to an impressive price increase of almost 40% within the last week, which is due in particular to investor interest in a new LINK reserve.

Institutional interest and market analysis

Regarding institutional investments, it can be reported that companies hold a total of 1.35 million BTC, which corresponds to over 6% of the circulating supply of Bitcoin. The Ethereum holdings of 3 million ETH also underline the high level of interest. The Bitcoin acquisition strategy appears to be paying off as 21,021 BTC were acquired in July.

Ahead of an important SEC hearing that could clarify XRP's status as a non-security, XRP price is showing significant volatility as it hovers close to the $3.0 barrier. A strong result from this hearing could even result in a share price increase of up to 70%. The total cryptocurrency market cap is consolidating between $3.6 and $3.8 trillion, ensuring the market remains above the long-term trend.

So institutional demand for Bitcoin and Ethereum remains high, even during times of market volatility. This means that the crypto market continues to be a hot topic among investors and analysts. Current trends and developments promise both opportunities and challenges in the near future.

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