Crypto On Aug. 15: Bitcoin Momentarily Breaks $25,000, Ether Drops Below $2,000

The crypto market opened on a sluggish note Monday, as leading cryptocurrency Bitcoin (BTC) rose by 1.17%, while token second to BTC, Ether (ETH), dropped 0.30%.

Bitcoin and Ether failed to retain price action above respective resistance at $25,000 and $2,000, and, according to CoinMarketCap, the price of 1 BTC is $24,848 and that of 1 ETH is $1,982 as of 1.05 am ET.

According to the data generated from the algorithm of PricePredictions.com, the maximum price of Bitcoin by the end of 2022 is expected to be $44,847, while the maximum price of Ether for the same period is expected to be $3,576.

The top ten cryptocurrencies were bearish Monday, except Dogecoin (DOGE) which jumped by 6.28% to $0.07986 as of 1.06 am ET. At the same time, Cardano (ADA) dropped by 2.17% to $0.5753; Ripple (XRP) dropped by 0.51% to $0.3824; and Solana (SOL) dropped by 0.80% to $46.50.

The biggest gainers as of 1.07 am ET include Shiba Inu (SHIB), which is up by 21.29% to $0.00001626; The Sandbox (SAND) which is up by 1.10% to $1.37; Celsius (CEL) which is up by 2.90% to $3.89%; and Stepn (GMT) which is up by 5.57% to $1.04.

The worst performers in the market as of 1.08 am ET include Uniswap (UNI), which is down by 3.54% to $9.08; Theta Network (THETA) which is down by 3.72% to $1.56, Chiliz (CHZ) which is down by 5.45% to $0.1776; Quant (QNT) which is down by 4.86% to $121.10; and Lido Dao (LIDO) which is down by 5.47% to $2.77.