๐ Crypto Market Update โ August 17, 2025
๐น Bitcoin pullback: after topping $124K, BTC corrected to ~$115K (-2.5%) as Fed rate cut hopes fade.
๐น Spot ETFs boom: BTC & ETH spot ETFs hit a record $39.3B volume โ strong institutional demand.
๐น Fed policy shift: shutting down its special โcrypto/fintech oversight programโ and moving it into standard bank supervision.
๐ Market indices to watch:
โข COINTEN (Top 10 by Market Cap) โ snapshot of the majors.
โข CCi30 (Top 30 coins) โ a benchmark for institutional & passive investors.
๐ The market is adjusting, but infrastructure keeps getting stronger.