#MarketTurbulence Why did the cryptocurrency market fall today?
2 minutes
August 15, 2025, 08:50 GMT+0000
August 15, 2025, 08:50 GMT+0000
In summary
The U.S. PPI exceeded expectations (0.9%), negatively impacting the most sensitive cryptocurrencies to the monetary environment.
The Securities and Exchange Commission has postponed four ETF applications for Solana from Bitwise, 21Shares, Canary Capital, and Marinade Finance.
Senator Cynthia Lummis advocates for the revaluation of gold to support the expansion of the Bitcoin Reserve in the United States.
The cryptocurrency market is showing signs of a strong correction after recent gains. Bitcoin has retreated from its all-time high, stabilizing below $119,200, while Ethereum experienced a similar technical correction and shows signs of caution.
The unexpected increase in the Producer Price Index (PPI) in the U.S. has dulled expectations for an aggressive rate cut by the Federal Reserve, creating a more restrained technical environment in the sector.