Bitcoin retreats to $119,000 but is expected to end the week in the green — what’s moving the crypto market this Friday (15)
On the morning of Friday, August 15, 2025, Bitcoin (BTC) fell about 1.4%, returning to the $119,000 level after hitting an all-time high in previous days. Despite this corrective move, the cryptocurrency is still expected to end the week with an accumulated gain of nearly 2%.
Crypto session highlights:
Ethereum (ETH), the second-largest cryptocurrency by market value, also came under pressure — down 1.5%, but still on track to close the week with an impressive ~20% gain.
Altcoins, such as Solana (SOL) and XRP, posted sharper declines — over 3%, reflecting a broader adjustment in the sector.
Pressure from U.S. macro data
The main driver behind the correction was the release of the U.S. Producer Price Index (PPI), which rose 0.9% in July — the largest monthly increase in more than three years and well above expectations. This data dampened hopes for a Federal Reserve (Fed) interest rate cut in September, creating uncertainty and impacting appetite for risk assets like cryptocurrencies.
Historical resilience — declines becoming less severe
