At the start of the new trading week, heavy selling pressure has sent the total crypto market cap down by 2.2%, slipping just under $4 trillion. Bitcoin, the market leader, fell by about 2% to $115,000, leaving it 5% lower compared to last week.
The picture looks similar across the top ten altcoins. Ethereum, XRP, Dogecoin, and Cardano all posted losses of around 4%, while Solana took the hardest hit with a 6% slide. Among the top 100 coins, Mantle recorded the steepest drop, down more than 12%, while Monero stood out as the best performer, gaining nearly 5%.
Market sentiment has cooled in parallel with prices. The Fear & Greed Index slipped eight points in recent days and now sits at 60 — still in “Greed” territory but signaling a more cautious mood.
According to crypto analyst Rekt Capital, Bitcoin has now completed six weeks of its latest “price discovery uptrend.” Historically, such cycles have tended to end with a correction around weeks five to seven. “Week 7 of the second uptrend in the price discovery phase begins tomorrow,” he noted on X, suggesting a pullback could be on the horizon if the pattern repeats.
#BTC
— Rekt Capital (@rektcapital) August 17, 2025
Historically, Bitcoin Price Discovery Uptrend 1 tends to end between Week 6 & 8 of its uptrend
Whereas in Price Discovery Uptrend 2, Bitcoin tends to end its uptrend between Week 5 & 7
Week 7 of Price Discovery Uptrend 2 begins tomorrow$BTC #Crypto #Bitcoin https://t.co/dw8Liuw2PP
On the other hand, institutional demand remains robust. Last week saw another record-breaking run for crypto ETFs, with billions of dollars in fresh inflows underscoring continued appetite from professional investors.
Earlier, the FORECK.INFO editorial team highlighted which altcoins investors refuse to sell under any circumstances — and now the https://foreck.info/en/cryptocurrency/what-matters-for-bitcoin-and-crypto-this-week