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[LIVE] Crypto News Today: Latest Updates for August 18, 2025 – Crypto Market Turns Bearish as Bitcoin Tests $115K, XRP Slips Below $3

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Follow up to the hour updates on what is happening in crypto today, August 18. Market movements, crypto news, and more!

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Jai Pratap

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Jun 2023

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Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.

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Last updated:

August 18, 2025

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

The crypto market showed a bearish signal today, with Bitcoin (BTC) dropping 2.08% to test the $115K mark and XRP slipping below $3. Ethereum (ETH) also dipped 3.5% to under $4,400. Most sectors followed the downward trend, but DeFi stood out with a 1.81% gain, led by Chainlink (LINK) surging 14.32% on news of a new on-chain reserve mechanism and a strategic partnership with ICE, the parent company of the NYSE. Maker (MKR), Aerodrome Finance (AERO), and DEFI.ssi also posted gains, highlighting DeFi’s resilience amid broad market weakness.

But what else is happening in crypto news today? Follow our up-to-date live coverage below.