DAILY MARKET OVERVIEW
PPI Shock Triggers $1B Long Liquidations
👋 Hey, Crypto Enthusiasts! Today was one for the books - and not in the "to the moon" kind of way.
Over the last 24 hours, more than 200,000 traders got liquidated, with $1 billion in total positions wiped out. Here’s the kicker - 75% were longs.
What set off the chain reaction ❓️
It started bullish. Bitcoin climbed steadily yesterday and into early Thursday, smashing a new all-time high at $124,500. Alts followed suit, riding the wave higher and liquidating shorts. Then the music stopped.
🔻 Enter the PPI bombshell.
The Producer Price Index - basically an early alert for inflation - came in way hotter than expected today:
3.3% YoY vs. 2.5% forecast. That’s a big deal because a high PPI hints CPI could rise next, meaning the Fed might not cut rates in September.
Traders didn’t wait to see how it plays out and started selling the news. Longs started getting liquidated, which snowballed into a full-blown cascade.
The market has clawed back some losses, but the question now is whether bullish sentiment and September cut hopes can survive the scare.
THIS NEWSLETTER IS BROUGHT TO YOU BY:
OPENWALLET
Next-level security for your digital assets
Experience top security with Open Wallet. Your wallet blends user-friendliness with strong security.
|  |
SOCIAL SENTIMENT
Utility > Memes in Today’s Flush
Today’s pullback made the winners and losers crystal clear.
Weakest recoveries: Pepe, Bonk, Doge - meme coin crowd took the hardest hit.
Strongest recoveries: HYPE, LINK, ETH, LDO, BNB - the plays with real use cases and institutional attention.
The Total3 chart is now sitting on a key support trendline. We need a bounce in the next couple of days to keep the rally alive. A break below could mean a deeper correction is on the table.
NEWS OVERVIEW
The Latest Crypto Headlines 📰
Ethereum ICO Whale Sells $5M in ETH as Price Nears Record
An early Ethereum investor has moved another $5 million in ETH to Kraken, adding to $19 million sold earlier this week.
Ethereum Validator Exit Queue Surpasses $3B in ETH
Over 670,000 ETH is now in Ethereum’s validator exit queue as stakers withdraw funds, citing profit-taking and shifting strategies.
Mesh Secures Funding from PayPal Ventures and Coinbase Ventures
Crypto payments firm Mesh has raised more funding from major investors, pushing its total to over $130 million.
MetaMask Expected to Launch mmUSD Stablecoin with Stripe
MetaMask is reportedly set to unveil a new stablecoin, mmUSD, in partnership with Stripe, as stablecoin demand continues to grow.
YOUTUBE INFLUENCER SUMMARY
Summary From The Top Influencers 📷️
Coin Bureau – INSANELY BULLISH For Crypto: SEC's Move Could Pump These Projects! (14.08.2025 Summary)
Nick from CoinBureau says the SEC has flipped from being crypto’s biggest enemy to actively supporting innovation. Under new chairman Paul Atkins, the agency is pushing for clear and lenient rules so projects can build without fear of sudden lawsuits.
Project Crypto’s 5 Key Goals:
Bring crypto asset distribution back to the US and clarify which assets are securities.
Modernize custody rules for both self-custody and intermediaries.
Allow “super apps” that offer multiple financial products under one license.
Update rules for centralized and decentralized protocols, integrating DeFi into US markets.
Create an “innovation exemption” so new projects can launch without outdated compliance burdens.
Who Could Benefit Most:
Tokenized Real World Asset (RWA) projects like Ethereum, ZKSync Era, Aptos, Solana, Stellar, and Polygon.
DeFi protocols such as Uniswap and Aave.
Assets tied to the Trump administration’s digital portfolio: Bitcoin, ETH, Solana, XRP, Cardano, plus Trump-linked projects like World Liberty Financial.
Timeline: Some changes could happen in months, but full rollout might take years. Early policy shifts could still spark growth across many crypto sectors.
Bottom line: If successful, Project Crypto could bring institutional adoption, clearer rules, and a major boost for RWA, DeFi, and politically connected projects.
Benjamin Cowen – Let's Talk About Altcoins (14.08.2025 Summary)
Benjamin Cowen shared his outlook on altcoins:
Short term (next 1-2 weeks): Altcoins could keep gaining on Bitcoin. The main driver is Ethereum’s strength against Bitcoin. If ETH pushes to new all-time highs, altcoins may get an extra boost.
Why this is happening: When ETH outperforms Bitcoin, it tends to lift the whole altcoin market. That’s what we’re seeing now.
Caution for September: History shows Bitcoin dominance often changes direction around September. Cowen expects ETH could top out and pull back after hitting all-time highs. If that happens, altcoins will likely fall against Bitcoin.
Fake alt season risk: This rally might look like the start of a big altcoin run, but Cowen warns it could fade quickly.
Longer-term outlook: Real altcoin strength, in his view, won’t happen until altcoins drop further against Bitcoin - possibly late October or early November. Until then, Bitcoin and Ethereum remain the safer plays.
Takeaway: Enjoy the short-term alt rally, but be ready for Bitcoin to take back control in September before any bigger alt run later this year.
WE ALSO READ
|
|
|
The information provided in this newsletter is for general informational and educational purposes only. It should not be considered financial advice or a recommendation to buy or sell. Please consult a qualified financial advisor for personalized advice that considers your individual financial situation and goals.