#btc ๐ Crypto Market Update (18 Aug 2025)
The market dropped today mainly due to:
Weakening hopes of Fed rate cuts after strong U.S. economic data.
U.S. Treasuryโs announcement that it wonโt increase Bitcoin reserves.
Global crypto market cap falling below $4T (โ$71B wiped out).
Heavy liquidations and technical pressure.
Bitcoin fell near $114K, while Ethereum dropped to $4.2K. Altcoins like Solana, XRP, and Dogecoin also faced 5โ6% losses.
Stay cautious โ short-term traders may reduce exposure, while long-term holders can see this dip as an opportunity. ๐