📊 Market Update (08/18/2025)

🌍 Global crypto market capitalization reaches $4.02 trillion, up +1.00% in the last 24 hours (CoinMarketCap data).

💰 Bitcoin (BTC) fluctuated between $114,650 – $118,575 in 24h. As of 09:30 AM (UTC), BTC is at $114,681, down -3.10%.

🔻 Most top coins are down, except for a few notable ones:

• 🧬 BIO +17%

• 🔗 API3 +9%

• 🚀 TST +7%

⸻

📰 Major news of the day:

• ⛔ Binance halts support for trading & withdrawing Neo Legacy

• 🔄 Binance expands USDC spot trading + adds trading bot

• ⚙️ Binance supports Fusionist (ACE) upgrade & hard fork

• 📉 Matrixport: BTC may retest the $112K level

• 💹 Tokenized assets reach a record $270 billion

• 🏦 BofA: Traditional funds are almost not holding crypto

• ⚡ Bitwise: ETH unstaking increases → selling pressure may be greater

• 💬 Awaiting Powell's speech at Jackson Hole (08/22)

• 📉 Metaplanet drops 33% despite strong BTC holding

• ⚖️ Fed may cut interest rates in September

• 🐂 Binance Alpha launches WILD trading competition, prize of $1.2M

⸻

📉 Top coins with significant volatility:

• ETH: $4,236.9 (-6.81%)

• XRP: $2.9473 (-5.65%)

• BNB: $830.29 (-3.73%)

• SOL: $180.45 (-6.34%)

• DOGE: $0.22047 (-5.82%)

• ADA: $0.91 (-4.75%)

• TRX: $0.3447 (-2.07%)

• LINK: $24.43 (-0.53%)

• WBTC: $114,675.91 (-3.09%)

• XLM: $0.4036 (-6.34%)

📈 Top gainers on Binance:

• 🧬 BIO/USDT (+17%)

• 🔗 API3/USDT (+9%)

• 🚀 TST/USDT (+7%)