MARKET UPDATE
Here’s a short global crypto update (Aug 16, 2025):
$BTC now makes up 1.7% of global money supply, while $ETH ETFs hit record $40B weekly volume. The U.S. Fed is ending its special crypto oversight program, and Gemini revealed a $282M H1 loss ahead of its IPO. Taiwan launched its first public Bitcoin treasury, and reports show Russia using crypto to bypass sanctions. Market dipped after U.S. inflation data, with altcoins gaining more investor focus.
