DAILY MARKET OVERVIEW
Deeper Correction on the Way?
👋 Hey, Crypto Enthusiasts! The market is looking messy, and bullishness quickly turned to caution.
🔻 Bitcoin’s 120K Problem
BTC has tried several times to push past $120,000, but sellers keep stepping in and knocking it back down.
A hotter-than-expected inflation report (PPI) didn’t help - it makes a September Fed rate cut less likely, which the market had been hoping for.
📅 Next big date: Friday, August 22nd, when Fed Chair Jerome Powell speaks at Jackson Hole. Traders will be watching closely for rate cut hints.
♨️ Altcoins Lose Momentum
Many alts looked ready to take off, but most have slipped back into old ranges. Breakout trades have been rough, with only a few coins - like Hyperliquid (HYPE) - holding up better than the rest. It may take some time for altcoin setups to improve before the next leg up.
🌍 Geopolitical watch: Trump and Putin meet tonight in Alaska to discuss the war. Any positive outcome could trigger a short relief rally.
Why Traders Are Playing Defense
September is historically a weak month for crypto.
Many are trimming risk and avoiding leverage ahead of Powell’s speech.
Market tone turned more about protecting capital than chasing pumps.
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SOCIAL SENTIMENT
How Low Can We Go?
The last time ETH went on a deeper correction, it dropped about 15% from its local top. A similar move now puts a potential bottom between $4,000–$4,100.
Possible scenarios:
✅ If ETH holds $4K–$4.1K and rate cuts are hinted next week: Relief rally possible.
⚠️ If ETH closes below $4K and no cuts are announced: More downside risk.
Altcoin impact: If ETH hits that correction zone, expect alts to drop 10–30%.
Our Take
This still looks like a healthy correction for ETH before the next leg up. Best approach?
Don’t overtrade.
Stay patient.
Be ready to act if things turn south.
NEWS OVERVIEW
The Latest Crypto Headlines 📰
SharpLink Reports $103M Loss Despite $3.3B Ethereum Holdings
Ethereum treasury firm SharpLink Gaming saw its stock drop 10% after posting a $103 million Q2 loss, mostly due to accounting rules requiring ETH to be valued at its lowest quarterly price.
Hong Kong Tightens Crypto Custody Rules
Hong Kong’s financial regulator issued stricter custody standards for licensed crypto exchanges, focusing on cold storage, oversight, and real-time threat monitoring after a rise in security breaches.
Bit Digital Revenue Falls as Firm Shifts to Ethereum Strategy
Bit Digital posted an 11.7% revenue drop in Q2 but turned a $14.9M profit as it wound down Bitcoin mining and expanded its Ethereum treasury and staking operations.
SEC Delays Decision on Solana ETFs to October
The U.S. SEC postponed its decision on Solana ETF applications from Bitwise and 21Shares until October 16, continuing its trend of extending deadlines for crypto ETF proposals.
YOUTUBE INFLUENCER SUMMARY
Summary From The Top Influencers 📷️
Benjamin Cowen – PPI Surges (15.08.2025 Summary)
Cowen’s Outlook on the PPI Spike
What happened
The Producer Price Index (PPI) jumped from about 2.3% to 3.3%, well above expectations.
PPI measures inflation earlier in the supply chain, while CPI tracks what consumers pay.
CPI barely moved - meaning upstream inflation hasn’t fully reached consumers yet.
Cowen’s view
Businesses are feeling higher costs but many can’t pass them on.
Consumers are resisting high prices - sales at Chipotle and Sweetgreen are falling.
Cheaper options like Domino’s are gaining traction as people look for value.
This could delay CPI from rising, but it might only be temporary.
Market reaction
The sell-off started right when the PPI data came out.
Cowen thinks markets will stay optimistic until CPI jumps - then sentiment could shift quickly.
The Fed angle
He still expects a September rate cut.
But warns it could lift long-term yields if inflation expectations grow, repeating last year’s mistake.
Bottom line from Cowen
Markets are likely to keep their cool - until the data forces them to face rising inflation head-on.
CoinBureau – URGENT: White House Report Will Push Crypto Higher! (15.08.2025 Summary)
CoinBureau’s Guy on the White House Crypto Blueprint
The big news
The White House released a 160-page plan to shape the US crypto industry.
Guy says the tone is surprisingly pro-crypto - a big shift from past "chokepoint" tactics.
Guy’s key takeaways
Strong endorsement of the Clarity Act, which would split regulation between the CFTC (non-securities) and SEC (securities).
Push for a unified federal framework so exchanges can offer a broad range of assets without constant legal uncertainty.
Clear support for self-custody rights.
Calls for banks to treat crypto businesses like any other lawful customer, ending the old "debanking" era.
Why it matters for markets
Easier banking access and faster fiat ramps could boost liquidity and lower trading costs.
Stablecoins are seen as central to keeping US dollar dominance - the Genius Act is already law.
Private dollar-backed stablecoins are favored over a US central bank digital currency.
The trade-offs
Expect tighter KYC, wallet screening, and stronger AML rules.
More compliance, but Guy notes self-custody protections remain.
Looking ahead
Guy believes Q4 could bring more pro-crypto moves from US agencies.
Possible wild card: US government BTC purchases - which could be hugely bullish.
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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.