📍Key Crypto News Highlights (August 17, 2025)
Bitcoin Tumbles After Record High: Bitcoin hit an all-time high of $124,234 on August 14, 2025, but quickly corrected to around $118,330 by August 17. The surge was driven by optimism over potential Fed rate cuts, heightened institutional adoption, and speculation around the upcoming halving. The drop is attributed to profit-taking and macroeconomic concerns about persistent inflation in the U.S...