Why Is Crypto Down Immediately? – August 22, 2025

Following a single day of value appreciation, the crypto market is down at present once more, with the vast majority of the highest 100 cash turning pink over the previous 24 hours. Total, the cryptocurrency market capitalization has decreased by 0.9%, now standing at $3.91 trillion. On the similar time, the whole crypto buying and selling quantity is at $117 billion.

TLDR:

Crypto Winners & Losers

On the time of writing, all high 10 cash per market capitalization have decreased over the previous 24 hours.

Bitcoin (BTC) fell 0.7% and under $113,000, now standing at $112,960.

On the similar time, Ethereum (ETH) is down by 0.2%, which means it’s largely unchanged, now buying and selling at $4,293.

Dogecoin (DOGE)decreased probably the most at present. It’s down by 2.6% to the worth of $0.2157.

It’s adopted by XRP, BNB, and Solana (SOL), that are down 1.8% every.

As for the highest 100 cash, OKB (OKB) appreciated probably the most for the second day in a row. It’s up by 23% to $234.

Gate (GT) is subsequent, with an increase of 4.1%, at present altering fingers at $18.63.

However, Official Trump (TRUMP) fell probably the most: 4% to $8.43.

Subsequent up is Near Protocol (NEAR), with a drop of two.8% to the worth of $2.44.

In the meantime, BitMEX co-founder Arthur Hayes argued that Ethereum might hit $20,000. “I feel ETH goes $10,000 to $20,000 earlier than the tip of the cycle,” he mentioned. “As soon as it’s damaged by way of, then there’s a niche of air to the upside.”

He additionally mentioned that Solana would in all probability not surpass Ethereum within the bull run however that it will be a “larger asset transfer.”

‘Close to-Time period Volatility is Probably, However Lengthy-Time period Outlook Stays Bullish’

James Toledano, Chief Working Officer at Unity Pockets, famous that the occasion threat is excessive forward of the US Federal Reserve Chair Powell’s remarks at Jackson Gap at present.

“It is very important notice that costs within the U.S. seem like rising at a really quick tempo, whereas whole inflation stays regular.” Per Toledano, “this might scupper any probabilities of a Fed price minimize – regardless of the strain on Powell from President [Donald] Trump.”

Toledano continued:

“Proper now, the markets seem like treating the volatility as a wholesome correction relatively than a pattern reversal, however many are bracing for choppier waters. All-in-all, I feel we must always count on continued volatility – positioning could stay defensive by way of the speech, adopted by both renewed course or established order afterwards.”

Furthermore, whereas ETFs noticed million in outflows over the previous few days, displaying short-term promoting strain, “beneath the floor, institutional adoption is most positively accelerating—whales are including to positions, and banks are exploring Ethereum-based merchandise,” Toledao says.

“Many traders appear to view present value ranges, even right down to $3.9K, as a sexy entry level, given the hopes of ETH passing $5K within the quick time period. Whereas near-term volatility is probably going, the long-term outlook stays bullish, with robust fundamentals and real-world use circumstances supporting the potential for a push towards new highs,” he concludes.

In line with Glassnode, a number of indicators spotlight elevated leverage, profit-taking, and speculative depth. These, the analysts say, are indicators of traditionally mature market phases. That mentioned, given unavoidable idiosyncrasies, there isn’t a assure that Bitcoin and the market normally will “conform to a hard and fast temporal blueprint.”

The report discovered that capital inflows into Bitcoin are displaying indicators of fatigue. The demand lessened even with the brand new ATH. “This slowing urge for food has coincided with a surge in speculative positioning, as open curiosity throughout main altcoins briefly reached a document excessive of $60B earlier than correcting with a -$2.5B decline.”

Ranges & Occasions to Watch Subsequent

On the time of writing on Thursday morning, BTC trades at $112,960. It started the day with the intraday excessive of $113,949, however was unable to cross the $114,000 mark. It tried to take action yet another time earlier than plunging to the intraday low of $112,023.

It has recovered considerably since, however the value could proceed to fall under the intraday low and in direction of $108,000.

BTC is now 9% away from its earlier all-time excessive of $124,128, recorded per week in the past.

Ethereum is at present buying and selling at $4,293. It noticed a really uneven buying and selling day. The bottom level it reached on this interval was $4,211, whereas the best was $4,318.

Notably, the coin continues to maneuver between pink and inexperienced zones. In the meanwhile, it’s trying to make a restoration. It’s nonetheless up 16% within the 1-month interval.

Moreover, the crypto market sentiment dropped once more, and it’s now nearing the worry zone. The crypto worry and greed index fell from 50 yesterday to 46 at present.

This reveals a transparent rise in worry, warning, and bearish sentiment amongst traders.

In the meantime, as of 21 August, the US BTC spot exchange-traded funds (ETFs) recorded a fifth day of unfavorable flows, with $194.32 million.

Grayscale and Franklin noticed inflows of lower than $5 million every, whereas BlackRock, Constancy, and Ark&21Shares recorded outflows. The very best of those is BlackRock’s $127.49 million.

However, the US ETH ETFs noticed constructive flows of $287.61 million. With this, it broke the newest outflow streak.

Six of the 9 funds noticed inflows. Grayscale and Constancy took in $233.59 million and $28.53 million, respectively.

In the meantime, European officers have hastened their digital euro plans after Washington handed a stablecoin regulation that threatens the EU’s aggressive edge.

Officers at the moment are reportedly debating whether or not a digital euro ought to run on a public blockchain corresponding to Ethereum or Solana.

Fast FAQ

1. Why did crypto transfer with shares at present?

The crypto and inventory markets are each down of their respective buying and selling durations. By Tuesday’s closing time, the S&P 500 was down by 0.4%, the Nasdaq-100 decreased by 0.46%, and the Dow Jones Industrial Common fell by 0.34%. Buyers in each markets are awaiting the US Federal Reserve Chair Jerome Powell’s speech at present, particularly the rate of interest resolution.

1. Is that this dip sustainable?

For now, the dips could proceed. Whereas many analysts argue that there’s nonetheless room for the crypto market to rally once more, the costs might lower additional within the quick time period.

You may additionally like: (LIVE) Crypto Information Immediately: Newest Updates for August 22, 2025 Crypto market is holding key ranges forward of Fed Chair Jerome Powell’s speech at Jackson Gap later at present. Bitcoin is buying and selling at $113,000 after dipping to $112,000 in a single day, whereas Ethereum stays close to the $4,300 mark, little modified prior to now 24 hours. OKB continues its sharp rally, briefly crossing $250 and gaining 158% over the previous week. In the meantime, XRP trades at $2.86, down 8% over the identical interval. However what else is occurring in crypto information at present? Observe our up-to-date dwell protection…

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