Crypto Market Update – August 10, 2025

Nasser AlQinaiNasser AlQinai
2 min read

Al salam 3laikom, today’s market vibes are a mix of steady moves and some wild action in altcoins, with Ethereum still stealing headlines.

Ethereum (ETH): Taking a Breath Before Another Sprint

ETH is sitting around $4,220–4,300, just chilling after its big breakout. This isn’t weakness—ghaliban it’s more like a pit stop before aiming for $5,000. On-chain data shows strong whale and institutional buying, and ETH just scored its highest daily close in 3.5 years. It even made it into the top 25 biggest global assets by market cap—that’s next-level. Mbadi3 ya ETH.

Altcoins: All Eyes Here

For 31 straight days, altcoins have been outperforming Bitcoin—ya3ni this isn’t just luck, it’s full-on altseason energy. BTC dominance is now under 60%, which means more money is rotating into altcoins. Coins like XRP, Pudgy Penguins, and Bonk are climbing the charts. Even meme plays like Little Pepe are almost sold out in presale, with whales sniffing around meme names like SHIB, DOGE, and PENGU - il-ma3roofeen.

Bitcoin (BTC): Playing It Cool

BTC is moving in the $116K–118K range—stable, but not grabbing as much attention as the alts right now. Some analysts say if the stock market (especially Nasdaq) dips, crypto might feel a hit too. But for now, it’s just cruising. Chill shwayah.

Macro & Regulations: Quiet Boost

US money supply (M2) is still rising, ma3natha more liquidity floating around—good news for risky assets like crypto. Plus, the GENIUS Act is now law, giving stablecoins a clearer regulatory framework and more investor confidence. Institutional flows are still strong—over $17B in BTC and ETH ETFs in the past two months alone.


What Could Happen Next?

AssetCurrent MoodPossible Next Moves
EthereumConsolidating after breakoutTargeting $5K if momentum holds
AltcoinsOutperforming BTC for 31 daysMore rallies likely, especially in trending names
BitcoinStable but losing dominanceCould rally if rotation slows
MacroLiquidity + clear regulationsFavors alts more than BTC right now

TL;DR: ETH is chilling after a huge run but looks ready for $5K. Altcoins are partying—31 days straight of outperformance—and Bitcoin is steady but not the main character right now. With more cash in the system and better rules for stablecoins, altseason might keep running… just keep an eye on the macro scene.

itha 3ndikom any thoughts or ideas share them!

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Written by

Nasser AlQinai
Nasser AlQinai

I’m a Kuwait-based Computer Engineering student sharing weekly notes on crypto, tech, and practical coding. Expect clear explainers, mini projects, and market rundowns you can actually use. I learn in public so you can skip the trial-and-error.