#crypto #CPIWatch
Crypto Market Update - August 12, 2025
The Crypto market looks healthy today, the total market cap is approximately $ 3.9 trillion -about $ 18 billion. The boom comes after some disturbance after the latest American inflation report, Major Token Unlock and Market Alert. Bitcoin (BTC) drowned over 2%, traded around $ 118,000 before the first $ 122,000. Even with the drop, the daily chart of bitcoin still looks strong above $ 119K support level.
If the speed increases, we can see a rally towards $ 135k-$ 138k. Meanwhile, Etreum (Eth) slipped about 0.7%, which fell below $ 4,300. Institutional interests remain strong, especially the recent US policy changes allowed Crypto in the retirement plan. Stocks tied to crypto like coinbase, robinhood and microstrate are also seeing benefits. In the legal side, the founder of Terraform Labs, Quon, U.S. I am facing new fraud allegations related to the collapse of $ 40 billion Terra (Luna). Important things to see today:
US CPI data release - $ 118k support of bitcoin and $ 135K resistance level - Upcoming Token Unlock - Institutional ETF Flow - Regulatory updates that can shake the market Stay - this is an interesting day!
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