Binance Market Update: Crypto Markets Aug 21, 2025

The global cryptocurrency market cap has increased slightly today, reaching $3.85 trillion. Over the past 24 hours, Bitcoin has traded within a range of $112,380 to $114,822 and is currently trading at $113,432 after a slight decline of 0.32%. Several major cryptocurrencies are experiencing mixed performance. Notable outperformers include ASR, QTUM, and SCR, with gains of 31%, 15%, and 13% respectively. Today’s top stories highlight Binance’s participation in the Beacon Network to fight real-time crypto crime, a significant boost for BNB’s price, which is trading at an all-time high of $880. The Brazilian government has proposed allocating reserves to Bitcoin, and digital assets have fallen as traders anticipate Fed Chair Powell’s speech later today. Meanwhile, Asian wealthy families are increasing their cryptocurrency investments despite positive market trends. Federal Reserve Governor advocates for crypto payments integration, while the minutes from the latest Federal Reserve meeting revealed a hawkish stance and reliance on data. Senator Lummis is aiming to advance the cryptocurrency market structure bill by year-end. Finally, the Ethereum derivatives market shows resilience following a price drop, with analysts predicting a potential recovery to $4,700. Here are today’s notable movers: ETH +1.19%, XRP -0.10%, BNB +2.26% . SOL +1.74%, DOGE +1.97%, ADA +1.74%, TRX +0.86%, LINK +2.99%. #DOGE #BTC #BNB #XRP #ETH