The crypto market is still strong
Despite recent volatility, the entire crypto market is resilient. As can be seen in the chart below, the total crypto market capitalization is stable at around $3.84 trillion, recovered from DIP into the 3.81T support zone. The RSI is neutral at near 49-53, with the short-term moving average (MA 9 & MA 21) converging. If Bitcoin continues to remain stable above $117,000, it shows potential bullish momentum.
This stability is very important. If Bitcoin holds or rises in early August, sold-out altcoins could lead the recovery.
Total crypto market capitalization for USD – TradingView
Top 5 altcoins to watch in August 2025
All five of these Altcoins have experienced sharp corrections over the past week, but their basic, high trading volume, or community-driven use cases make Keywatchlist candidates the candidate.
1. pump.fun($ pump)
7D Loss: -38.07% Market Cap: $994M24H Volume: $448M
Pumps lead the list and suffer the most steep weekly corrections among the top altcoins. Nevertheless, the extremely high trading volume and 5.41% rebound over the last 24 hours suggest new interest. Once Bitcoin is stable, $Pump can see a rapid relief rally, taking into account its high volatility and meme-driven community.
2. Tezos ($xtz)
7D Loss: -22.08% Market Cap: $927M24H Volume: $43 million
Tezos spent a quiet yet painful week, losing more than 22%. However, the project’s strong staking model and long-term developer ecosystem can help to promote technical recovery if sentiment improves. Tezos trades near the cycle decline that has historically led to solid rebounds.
3. Sonic ($s)
7D Loss: -15.46% Market Cap: $964m24h Volume: $63 million
Sonic is another very excess token that we’ve seen 15% DIP this week. Its strong community engagement and rapid recruitment curve suggest that this dip may be temporary. Sonic’s chances for rebound are high in a stable or bullish Bitcoin environment.
4. Virtual Protocol ($virtual)
7D Loss: -12.53% Market Cap: $1.03B24H Volume: $88 million
Despite a mild decline compared to others, Virtuals Protocol is worth looking at because of its solid trading volume and recent utility announcements. A 12% decline may be sufficient to reset the short-term price structure and allow new buyers in August.
5. aptos ($ apt)
7D Loss: -11.61% Market Cap: $3.05B24H Volume: $117M
Aptos remains a strong L1 candidate, and its decline can be considered a healthy correction in a wider trend. Consistent developer activity and strategic positioning in Asia allow APTOS to bounce first when the market changes.
Warning: It all depends on Bitcoin
All five altcoins are technically oversold, indicating possible rebounds, but the broader market trajectory lies in Bitcoin. If $BTC continues to consolidate more than $117K or rises beyond that, you could witness a wave of Altcoin Recovery from early August.
However, if $Bitcoin falls below the $114K-117K zone, the above Altcoins could continue to decline.
