Events
Here are the most important events from the world of cryptocurrencies on August 16, 2025:
🪙 Bitcoin and Ethereum: correction after record highs
Bitcoin reached a new all-time high of $124,474, after which it fell to around $118,800, representing a decrease of about 7%.
Ethereum also established new highs, but it has not yet managed to break its previous record from four years ago.
---
💼 Federal Reserve eases oversight of cryptocurrencies
The Federal Reserve announced an easing of oversight on banks' cryptocurrency-related activities, ending a specialized monitoring program. This decision aligns with President Trump's executive order aimed at reducing unfair de-banking of cryptocurrencies ... The change is perceived ... favorable for the cryptocurrency industry ...
---
💱 Ripple approaches the banking sector
Ripple has obtained a "trust charter" in the United States and acquired the company Rail for $200 million, marking a step towards full integration with the banking sector.
---
📉 Record liquidations in the market
EVENTS
In the cryptocurrency market, liquidations of positions worth over $1 billion occurred, indicating high volatility and potential risks for investors.
---
🔮 Future forecasts
Coinbase predicts that Q3 2025 may bring an altcoin season, which could lead to price increases for smaller cryptocurrencies.
Forecasts for XRP indicate the possibility of reaching a price of $7 by 2026, despite current declines.
