August 15, 2025 — Market Recap

Bitcoin drops ~2–3% intraday, down nearly 5% from its recent ATH; Ethereum also falls alongside broader sell-off as U.S. inflation dampens Fed rate-cut hopes. XRP plunges ~6%, while BNB holds above $850 with minor losses.

Despite the dip, Ethereum ETFs have pulled in $2.3B in 6 days, and Coinbase reports early “altseason” signs with ETH, BNB, and SOL showing strength. A trader, Jasonleo, is up ~$4.7M from shorting BTC and ETH, proving volatility can reward the prepared.