[LIVE] Crypto News Today: Latest Updates for August 20, 2025 – Ethereum Sinks Below $4.1K, Bitcoin Trades at $113K as Market Ignores Positive Industry Moves

Cryptonews
Cryptonews
XRP-0.22%
BTC-1.02%
ETH-0.65%

The crypto market is showing bearish signal today, with nearly all major sectors posting steep losses. Overall market sentiment has slumped as tokens across the board fell between 2% and 6% in the past 24 hours. Ethereum (ETH) dropped 4.79% to slip under $4,100, while Bitcoin (BTC) slid 2.69% below $113,000. The PayFi sector, which showed strength yesterday, crashed 5.65%, led by sharp declines in XRP (-5.52%) and Telcoin (-7.17%). Other sectors, including CeFi, Layer1, Layer2, and DeFi, also posted heavy declines, though some tokens like OKB (+5.76%), and Mantle (+5.51%) managed to buck the trend.

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